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Securing the AI Frontier: Irregular Founder Dan Lahav
Sequoia Capital· 2025-10-21 09:00
There was a scenario where there was an agent on agent interaction. It was a critical security task. That was the simulation that they were in, but after working for a while, one of the models decided that they've worked enough.And they and they should stop. It did not stop there. It convinced the other model that they should both take a break.So the model did social engineering on the other model to another model. But now try to think about a situation where you actually as an enterprise are delegating an ...
仅差30秒,8年开发者险遭“面试劫”:测试代码暗中“藏毒”,回车一下就可能“倾家荡产”
3 6 Ke· 2025-10-21 07:28
Core Insights - The article discusses a sophisticated phishing attack targeting developers, where the attacker impersonated a blockchain company executive to lure a developer into executing malicious code during a fake job interview [1][15]. Group 1: Attack Methodology - The attack began with a seemingly legitimate LinkedIn message from an individual claiming to be the Chief Blockchain Officer of a company called Symfa, inviting the developer to participate in a remote interview [2][4]. - The attacker created a convincing profile with a complete work history, numerous connections, and motivational posts, which lowered the developer's suspicion [2][4]. - The developer was asked to complete a coding test via a Bitbucket link, which appeared to be a standard technical interview process [9][10]. Group 2: Technical Details of the Attack - The malicious code was cleverly embedded within normal business logic, making it difficult to detect without thorough inspection [15][16]. - The code utilized obfuscation techniques, such as hiding a remote URL within a byte array, to evade basic keyword detection [12][15]. - An automatic expiration mechanism was set for the malicious URL, reducing the risk of traceability after the attack [12][15]. Group 3: Psychological Manipulation - The attack exploited common developer habits and expectations, such as familiarity with take-home tests and the authority of LinkedIn profiles, which created a false sense of security [15][16]. - Time pressure was applied by requesting the coding test to be completed quickly, which could lead developers to skip essential security checks [11][15]. - The overall presentation of the company and the professionalism of the communication reinforced the attack's credibility [4][15]. Group 4: Recommendations for Developers - Developers are advised to run unknown code in isolated environments, such as Docker or virtual machines, to prevent potential damage [16][17]. - Static and dynamic analysis of code should be performed before execution, utilizing AI tools or manual checks for suspicious patterns [16][17]. - Verification of the hiring party's authenticity is crucial, as a legitimate LinkedIn profile does not guarantee trustworthiness [16][17]. - Developers should remain skeptical of any pressure to execute code, as it serves as a warning sign of potential threats [16][17].
WidePoint (NYSEAM:WYY) Conference Transcript
2025-10-20 20:32
Summary of WidePoint Corporation Conference Call (October 20, 2025) Company Overview - **Company Name**: WidePoint Corporation (NYSEAM: WYY) - **Founded**: 1997 - **Business Model**: Mobility as a Service (MaaS) with a focus on cybersecurity solutions delivered via a SaaS model - **Management**: Current management team in place since 2017, stabilizing the company for growth and profitability [5][6] Financial Performance - **Top Line Revenue**: Closed 2024 with $142 million, a 35% increase compared to 2023 [7][32] - **Market Capitalization**: Approximately $56 million [7] - **Recurring Revenue**: 95% recurring revenues with a contract backlog of $265 million [6] - **Cash Position**: $6.8 million in cash at the end of Q2 2025 [6][32] - **EBITDA**: Positive for 32 consecutive quarters; free cash flow positive for 7 consecutive quarters [7][32] - **Growth Strategy**: Focus on enhancing competitive advantage through investments in solution sets and pursuing higher-margin contracts [24][25] Market Opportunity - **Addressable Market Size**: Approximately $36 billion, including federal, state, and local governments, as well as large enterprises [6][8] - **Cybersecurity Demand**: Increased due to rising cybersecurity threats and the need for secure remote work solutions [8][9] Key Solutions and Differentiators - **Core Offerings**: - Identity Management - Managed Mobility - Data Analytics - IT as a Service [9][12] - **Unique Selling Proposition**: - Most secure multi-factor authentication solution, quantum computing resistant, and has never been hacked [10][11][17] - FedRAMP authorized, allowing the company to store, process, and transmit federal government data in the cloud [14][31] - **Device as a Service (DaaS)**: New business model offering bundled hardware, software, and services for predictable pricing [20] Contract Wins and Government Relationships - **Significant Contracts**: - $500 million DHS CWMS 2.0 contract with an additional $250 million ceiling increase [22][30] - Pursuing NASA SEWP contracts and recompeting for CWMS 3.0 with a ceiling of $3 billion [23][31] - **Long-term Relationships**: Established presence with the Department of Homeland Security, having worked on contracts for approximately 20 years [22][30] Competitive Landscape - **FedRAMP Authorization**: A significant differentiator that few competitors possess, providing a competitive edge in securing government contracts [14][31] - **Market Position**: Positioned as a vendor of choice for mobility and cybersecurity solutions due to certifications and accreditations [26][27] Future Outlook - **Growth Projections**: Continued focus on organic and inorganic growth strategies, with expectations for improved profitability in 2025 and beyond [34] - **Financial Targets**: Aiming for 50% gross margins by 2026, excluding carrier services revenue [39][40] Additional Insights - **Customer Base**: Includes large, stable enterprises requiring extensive mobile workforces [29] - **Cost Savings**: Demonstrated ability to save clients 15-40% on telecom costs, enhancing value proposition [30] This summary encapsulates the key points discussed during the WidePoint Corporation conference call, highlighting the company's financial performance, market opportunities, unique solutions, significant contracts, competitive advantages, and future growth strategies.
X @1inch
1inch· 2025-10-20 18:09
DeFi projects need to work together on security - or they’re leaving the door open for state-sponsored hackers.1inch CLO Orest Gavriliak @OrestGavryliak breaks down the situation in this month’s Cyber Defense Magazine.Check out the link to download 👇https://t.co/6xn6chDmad ...
Microsoft seen delivering solid quarter as AI, security drive growth – BofA
Proactiveinvestors NA· 2025-10-20 18:05
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive has bureaus and studios in key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] Group 2 - The company is focused on sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] - Proactive adopts technology to enhance workflows and improve content production [4] - All content published by Proactive is edited and authored by humans, ensuring adherence to best practices in content production and search engine optimization [5]
X @Kraken
Kraken· 2025-10-20 13:00
Rewind to #DEFCON33 🔄 in honor of #CybersecurityAwarenessMonthKraken’s CSO @c7five & @Kitboga exposed how scammers target the crypto industry, from fake “support” calls to bogus LinkedIn job ads.🎥 Watch the entire talk 👇https://t.co/54G8eQyiJK ...
This week in business: Cinnamon scares, AI badges, and gold's big glow-up
Fastcompany· 2025-10-20 12:17
Group 1: FDA and Consumer Safety - The FDA has expanded its warning on ground cinnamon products due to elevated lead levels, urging consumers to discard affected items. Sixteen products are now on the list, with specific lots and best-by dates identified [6][7]. Group 2: Financial Services and Credit Cards - Fintech startup Karta has launched a premium credit card with a $300 annual fee for affluent non-residents, which does not require a Social Security number. The card offers perks similar to high-end travel cards and is managed via WhatsApp with AI assistance, backed by $5.4 million in seed funding [8]. Group 3: Education and Student Loans - Notices for student loan forgiveness under the Income-Based Repayment plan have resumed for eligible borrowers who have reached the 20- or 25-year payment thresholds, following a pause due to system updates and litigation [9]. Group 4: Retail and Technology - Walmart is enhancing its shopping experience by integrating AI through a partnership with OpenAI, allowing customers to make purchases via natural language in ChatGPT. This initiative aims to streamline the checkout process and improve personalization [14]. - Additionally, Walmart plans to deploy millions of battery-free IoT sensors across its supply chain to track inventory, which will enhance data accuracy and operational efficiency [16]. Group 5: Market Trends - Bitcoin has experienced a significant decline, reaching a four-month low, while gold has gained traction as a preferred investment amid macroeconomic uncertainties [12]. - Zillow indicates that the average 30-year mortgage rate would need to drop to approximately 4.43% to make median homes affordable for median-income buyers, highlighting ongoing challenges in the housing market [13].
Kyndryl Readiness Report: AI Delivers Early Returns, Pushing Enterprises to a Tipping Point
Prnewswire· 2025-10-20 04:00
Core Insights - The Kyndryl Readiness Report indicates that while businesses are experiencing momentum in AI investments, they face significant foundational gaps in technology and talent that hinder further progress [1][2]. AI Investment and ROI - AI spending has increased by an average of 33% across industries, with 68% of organizations investing heavily in AI [3]. - There is heightened pressure on business leaders to demonstrate ROI from AI investments, with three in five feeling more pressure this year compared to last [3]. Cloud Infrastructure Challenges - Organizations are reassessing their cloud strategies due to geopolitical risks and regulatory changes, with 75% expressing concerns about data management in global cloud environments [4]. - 65% of leaders have adjusted their cloud strategies, focusing on data repatriation and shifting towards private cloud models [4]. Talent and Cultural Readiness - Nearly 90% of leaders believe AI will transform jobs within the next year, yet only 29% feel their workforce is prepared to leverage AI effectively [5][6]. - Cultural barriers are significant, with 48% of CEOs stating their organizations stifle innovation and 45% indicating slow decision-making processes [5]. Current State of AI Projects - 54% of organizations report positive returns on AI investments, a 12-point increase from the previous year, but 62% have not moved beyond the pilot phase of their AI projects [6]. - Despite confidence in their tools, over half of the organizations find their foundational technology stack a barrier to innovation [6]. Geopolitical and Regulatory Impact - Organizations are reevaluating data storage and processing strategies due to geopolitical pressures, with 70% of CEOs admitting their cloud setups were reached by accident rather than design [6].
X @Bloomberg
Bloomberg· 2025-10-20 01:30
RT Jake Bleiberg (@JZBleiberg)New: The state-backed hackers who breached cybersecurity company F5 Inc. broke in beginning in late 2023 and lurked in the company’s systems until being discovered in August of this year, according to people who were briefed by F5 about the incident.https://t.co/O61CkExC6q ...
Range Financial Dumps Nearly 30,000 Fortinet Shares for $3.2 Million
The Motley Fool· 2025-10-19 13:47
Core Insights - Range Financial Group LLC has fully exited its position in Fortinet, liquidating 29,944 shares for an estimated $3.2 million, which previously accounted for 1.2% of the fund's assets under management (AUM) [1][2]. Company Overview - Fortinet, Inc. is a global provider of integrated cybersecurity solutions, offering a broad product portfolio and scalable security infrastructure [4]. - The company serves a diverse customer base across various sectors, including telecommunications, technology, government, financial services, education, retail, manufacturing, and healthcare [4]. - Fortinet generates revenue primarily through hardware and software sales, security subscriptions, technical support, and professional services [5]. Financial Performance - As of October 17, 2025, Fortinet's market capitalization is $63.94 billion, with a trailing twelve months (TTM) revenue of $6.34 billion and a net income of $1.94 billion [3]. - The company's share price closed at $83.44 on October 17, 2025, reflecting a 3.2% increase over the past year, although it underperformed the S&P 500's total return by 12.4 percentage points [2]. Recent Developments - Fortinet reported a 14% revenue increase to over $1.6 billion, exceeding management's quarterly guidance, and adjusted diluted earnings per share of $0.64, which also surpassed budgeted figures [8]. - Despite the positive revenue growth, concerns arose regarding the completion of 40% to 50% of its planned firewall upgrade cycle, leading to fears of limited future revenue growth as many customers may have already upgraded [9]. - Following the second-quarter earnings release on August 6, 2025, Fortinet's share price dropped nearly 22% the next day, prompting several analysts to downgrade their ratings [7][9].