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X @Bloomberg
Bloomberg· 2025-10-15 19:36
Chinese state actors systemically and successfully compromised classified UK government computer systems for more than a decade, according to two former senior security officials and other sources https://t.co/7VDaVLVJXE ...
Wedbush Sees an AI M&A Boom Ahead: 3 Prime Takeover Targets
Yahoo Finance· 2025-10-15 17:57
Company Overview - Sandisk is valued at $18.6 billion and is known for creating, manufacturing, and distributing flash memory storage systems used in smartphones, cameras, computers, and data centers [5] - The stock has experienced a significant rise of over 288% since its relisting under the SNDK ticker earlier this year, driven by increased demand for high-performance data storage solutions for AI workloads [4] Financial Performance - Analysts expect Sandisk's revenue to increase by 22% to $8.9 billion, with earnings projected to rise by 119% to $6.55 per share [2] - For the full fiscal year 2025, Sandisk reported a 10% increase in revenue to $7.3 billion and a profit of $2.99 per share, compared to a loss of $3.46 per share in fiscal 2024 [3] Market Position and Competition - The competitive landscape in the flash memory market remains intense, with Micron dominating both the NAND and DRAM markets [2] - The demand for massive storage and memory capacities driven by AI models positions Sandisk as an appealing target for Big Tech firms developing or expanding AI data centers [3] Analyst Ratings - Wall Street rates Sandisk stock as a consensus "Moderate Buy," with 11 out of 18 analysts recommending a "Strong Buy," six recommending a "Hold," and one suggesting a "Strong Sell" [1] - The stock has surpassed its average analyst price target of $94.28, with a high price estimate of $150 implying an upside potential of 8% over the next 12 months [1]
X @Bloomberg
Bloomberg· 2025-10-15 17:12
MuniOS, a platform for state and local bond documents, has been offline for days after a ransomware attack, sources said https://t.co/XggY0ZFy5a ...
AI trading is flooding Wall Street—and fueling a 1.2 trillion-message trading surge, NYSE president says
Yahoo Finance· 2025-10-15 16:58
Core Insights - The New York Stock Exchange (NYSE) is experiencing a significant increase in trading activity, processing 1.2 trillion order messages per day, a threefold increase from four years ago [1][2] - The surge in trading volume is attributed to AI-driven trading, algorithmic strategies, and high-speed market participants, fundamentally transforming U.S. market structures [1][2] Trading Volume and Market Dynamics - In April, a peak day for the NYSE saw 1.2 trillion incoming order messages, compared to about 350 billion messages per day during the early days of the COVID pandemic four years ago [2] - Each message represents a buy order, sell order, or match, indicating that stocks are changing hands at unprecedented speeds [2] AI Integration in Market Surveillance - The NYSE has integrated artificial intelligence to monitor trading flows in real time, as human oversight is no longer sufficient to keep pace with market activity [3] - AI functions as a regulatory tool, scanning for market manipulation, spoofing, and cyberattacks amidst the high volume of daily messages [3] Cybersecurity Measures - The NYSE operates a private, offline data center, which is unique among exchanges, to address rising cybersecurity concerns alongside increasing message volume [4] - This data center is isolated from the public internet, utilizing point-to-point links to enhance security and protect critical infrastructure [5]
Cyber giant F5 Networks says government hackers had ‘long-term' access to its systems, stole code and customer data
TechCrunch· 2025-10-15 15:50
Core Insights - F5 Networks experienced a significant cybersecurity breach, with government-backed hackers gaining long-term access to its network, leading to the theft of source code and customer information [1][2] - The company believes its containment actions have been successful after discovering the breach on August 9 [1] Company Overview - F5 Networks, based in Seattle, specializes in application security and cybersecurity defenses for large enterprises and government entities [2] - The company serves over 1,000 corporate customers, including more than 85% of the Fortune 500, which encompasses major banks, technology firms, and critical infrastructure companies [5] Nature of the Breach - Hackers accessed F5's BIG-IP product development environment and knowledge management systems, which included source code and undisclosed security vulnerabilities [2] - The hackers downloaded configurations and implementation information about some customers' systems, potentially enabling further exploitation [4] Response and Mitigation - F5 has not detected any modifications to its software during development nor any exploitation of the vulnerabilities while in the hackers' possession [3] - The company released updates for its BIG-IP platform to address the undisclosed security flaws and urged customers to apply these patches [3] Regulatory and Security Implications - The U.S. Department of Justice permitted F5 to delay public disclosure of the breach, citing potential risks to national security or public safety [5] - Following F5's disclosure, the U.K.'s National Cyber Security Centre warned that the breach could allow threat actors to exploit F5 devices and software [6] Context of Cybersecurity Threats - F5 is among several tech companies that have faced similar breaches by government-affiliated hackers in recent years, including notable incidents involving Microsoft and Hewlett Packard Enterprise [8]
T-Mobile Unveils New Cyber Defense and Executive Briefing Centers
Businesswire· 2025-10-15 15:00
Core Insights - T-Mobile has launched a new Cyber Defense Center and an Executive Briefing Center to enhance cybersecurity and showcase technological innovations [1][2][3] Cyber Defense Center - The Cyber Defense Center is designed for real-time detection, disruption, and response to cyber threats, reflecting T-Mobile's strategic investment in cybersecurity [2][3] - It includes a Cyber Command Center that operates 24/7, utilizing advanced analytics and machine learning to monitor global threats and protect customer data [3][4] - The Cyber Lab allows security experts to innovate and anticipate cyber threats, testing tools and developing defenses [3][4] - Incident Response War Room and Digital Forensics Room facilitate rapid response to cyber incidents, enabling teams to analyze threats and improve future defenses [3][4] Executive Briefing Center - The Executive Briefing Center serves as a platform for enterprise customers to experience T-Mobile's business solutions, featuring five immersive zones that address real-world business challenges [5] - It aims to demonstrate how T-Mobile's technology can drive impactful business outcomes across various industries [2][5] Business Operations Center - T-Mobile's existing Business Operations Center acts as a command hub for network health and crisis response, ensuring reliability and continuity for customers [6]
PayPal Alerts Consumers to Phishing Scams and Encourages Safety Tips
Prnewswire· 2025-10-15 15:00
Accessibility StatementSkip Navigation During National Cybersecurity Awareness Month, the company spreads awareness to help people spot and avoid socially engineered phishing scams. SAN JOSE, Calif., Oct. 15, 2025 /PRNewswire/ --Â As trusted leaders in customer protection, PayPal Holdings, Inc. (NASDAQ: PYPL) is committed to fighting continually evolving scams. With National Cybersecurity Awareness Month underway, the company is spreading awareness of phishing scams in which fraudsters impersonate well-know ...
Okta CEO on the hidden dangers of AI agents in the workplace
Yahoo Finance· 2025-10-15 13:34
All right, welcome to a new episode of the opening bid unfiltered podcast. I'm Yahoo Finance executive editor Brian Sazi and like I always say, this podcast will make you a smarter investor period and uh the podcast has hit the road again. This time to San Francisco Dreamforce.I think this is my sixth or fifth, maybe seventh Dreamforce, whatever it is, it all has just merged together and it's just uh a lot of cool thoughts on technology and you never know who you're going to find here at Dreamforce. And thi ...
Tenable to Announce Fiscal Third Quarter Earnings Results on Wednesday, October 29, 2025
Globenewswire· 2025-10-15 13:00
Financial Results Announcement - Tenable Holdings, Inc. will release its financial results for the third quarter ended September 30, 2025, after the U.S. market close on October 29, 2025 [1] - A conference call will be held on the same day at 4:30 p.m. ET to discuss the results [1] Webcast and Dial-in Information - A live webcast of the conference call will be available on the Tenable Investor Relations website [2] - Domestic dial-in number is 1-877-407-9716 and international dial-in number is 1-201-493-6779 [2] - An archived replay of the call will be available following the event [2] Company Overview - Tenable is an exposure management company focused on closing cybersecurity gaps that affect business value, reputation, and trust [3] - The company offers an AI-powered exposure management platform that integrates security visibility, insight, and action across various attack surfaces [3] - Tenable serves approximately 44,000 customers globally, helping to reduce business risk associated with security exposure [3]
The Ottawa International Airport Authority Enhances Security with Calian's Digital Command Centre
Globenewswire· 2025-10-15 12:00
Core Insights - Calian Group Ltd. has secured a three-year contract with the Ottawa International Airport Authority (OIAA) to implement and manage a cyber-focused Security Operations Centre (SOC) to enhance cybersecurity measures in response to increasing digital needs [1][3][4] - The partnership aims to strengthen network security and support future growth after a successful IT modernization project [3][4] - OIAA generates over $2.2 billion annually in total economic activity in Ottawa and Gatineau, highlighting the economic significance of the airport [5] Company Overview - Calian has over 40 years of experience delivering IT and cybersecurity solutions for mission-critical environments, focusing on four key pillars: cybersecurity, cloud modernization, data and AI, and staff augmentation [4][6] - The company emphasizes a security-first approach to drive performance, innovation, and trust among its North American and European customers [4][6] Industry Context - Modern airports rely on complex digital systems, making cybersecurity increasingly vital for their operations [2] - The initiative by OIAA represents a proactive strategy to protect passengers, staff, and infrastructure in a digitally integrated environment [3]