$44M GONE IN HOURS: WAS COINDCX HIT BY NORTH KOREA’S LAZARUS GROUP?- India’s CoinDCX confirmed that $44 million was siphoned off in the July 20 breach. But according to Cyvers CEO Deddy Lavid, this isn’t an average crypto hack.HOW IT HAPPENED- Hackers reportedly infiltrated a backend server tied to an internal liquidity account, not connected to user wallets.- Once in, they bridged funds from Solana to Ethereum and laundered the loot through Tornado Cash, the sanctioned crypto mixer.- It took 17 hours for C ...

Core Points - Colabor Group Inc. identified a cybersecurity incident on July 20, 2025, affecting its internal IT systems [1] - The company took immediate action to protect its network and data by engaging cybersecurity experts for containment and remediation [2] - The full scope and impact of the incident, including potential data access of customers, suppliers, or employees, is still under investigation [3] Company Overview - Colabor is a distributor and wholesaler of food and related products, serving the hotel, restaurant, and institutional markets in Quebec and the Atlantic provinces, as well as the retail market [4]

when it comes to almost all the major tech companies this is probably the most important and you know biggest risk for them and again you know whether it's Microsoft or Amazon or Google you know this is one of the biggest worries for all of us is you know you wake up one morning and you see a big outage out there I mean almost a year ago we remember that crowd strike problem and what it did to you know airports and all the other things now but in this particular case I think it's a lot less problematic than ...

Core Insights - Broadcom (AVGO) and Okta (OKTA) are significant players in the enterprise security software market, with Broadcom offering a wide range of security solutions and Okta focusing on cloud-based identity solutions [1][2] Industry Overview - Gartner projects enterprise spending on cybersecurity software and network security to grow by 14% in 2025, reaching $118.5 billion, driven by demand for Generative AI and cloud adoption [2] - IDC anticipates global cybersecurity spending to increase by 12.2% year over year in 2025, with security software spending expected to grow by 14.4% year over year [2] Company Performance - Broadcom's infrastructure software revenues rose by 25% year over year to $6.6 billion in Q2 of fiscal 2025, accounting for 44% of total revenues [7] - Okta's stock has appreciated 21.1% year to date, benefiting from strong demand for its innovative security products [3][11] Product Innovations - Broadcom has introduced several AI-powered security features, including updates to VMware vDefend and Incident Prediction, aimed at enhancing threat prevention and operational efficiency [9][10] - Okta's new protocol, Cross App Access, enhances security for AI agents and improves user experience by streamlining authorization processes [12][13] Earnings Estimates - The Zacks Consensus Estimate for Broadcom's fiscal 2025 earnings is $6.64 per share, indicating a 36.34% increase over fiscal 2024 [14] - Okta's fiscal 2026 earnings estimate remains steady at $3.28 per share, suggesting a 16.73% growth over fiscal 2025 [15] Valuation Metrics - Broadcom's shares are trading at a forward Price/Sales ratio of 18.55X, significantly higher than Okta's 5.6X, indicating that Okta is currently undervalued [17] - Both companies are considered overvalued based on their Value Scores, with Broadcom rated D and Okta rated F [18] Investment Outlook - Broadcom expects its AI revenues to increase by 60% year over year to $5.1 billion in Q3 of fiscal 2025, although it anticipates sluggishness in other business segments [22] - Okta's strong growth prospects are highlighted by its 20,000 customers and $4.084 billion in remaining performance obligations as of Q1 fiscal 2026 [23] - Okta is rated as a better buy compared to Broadcom, with a Zacks Rank of 2 (Buy) versus Broadcom's 3 (Hold) [24]

A Microsoft store in New York, US, on Friday, Oct. 25, 2024.Microsoft has warned of "active attacks" targeting its SharePoint collaboration software, with security researchers noting that organizations worldwide stand to be affected by the breach. The Cybersecurity and Infrastructure Security Agency said Sunday in a release that the vulnerability provides unauthenticated access to systems and full access to SharePoint content, enabling bad actors to execute code over the network.CISA said that while the sco ...

Cybersecurity Industry Dynamics - The cybersecurity industry is experiencing a surge in demand due to attacks like the one on SharePoint, a zero-day vulnerability [1][2][3] - Organizations are increasingly turning to cybersecurity firms for assistance because Microsoft is focused on patching vulnerabilities [5][6] - High-profile cyberattacks are not decreasing in frequency, necessitating robust cybersecurity measures [4][5] - Nation-states like Iran and Russia are recognized as highly capable in conducting cyberattacks [5] Company Performance & Market Perception - Companies like Nesh Aurora and Palo Alto Networks are gaining customers as a result of their ability to provide immediate assistance during cyberattacks [5][6] - CrowdStrike's stock is facing negativity from the street, but the speaker believes this is incorrect [7][8] - George Kurtz secured significant business by addressing 130 clients [7] Microsoft's Role - Microsoft is perceived as somewhat opaque regarding vulnerabilities, driving organizations to seek external help [3] - Microsoft is more vulnerable than people realize [7] - Microsoft was working to patch the hack on July 19th [6]

Core Insights - Mobilicom has received approximately $1.4 million in orders from a Tier-1 customer, a major U.S. drone manufacturer, integrating its SkyHopper PRO into drones for the U.S. Department of Defense (DoD) [1][2] - The company anticipates that these orders signify the beginning of a significant increase in production scale shipments and recurring orders as the drones are considered for several DoD Programs of Record [2][3] - Mobilicom was recently added to the DoD's shortlist of Blue UAS-certified vendors, which is expected to enhance interest from major U.S. defense contractors and lead to more design wins [3][4] Company Overview - Mobilicom is a provider of cybersecurity and robust solutions for the defense and commercial drones and robotics market, with a portfolio that includes cybersecurity, software, hardware, and professional services [5] - The SkyHopper PRO is a Secured Cognitive Software Defined Radio (SDR) that has been certified by the DoD Blue UAS Framework, ensuring compliance with U.S. National Defense Authorization Act (NDAA) and trusted cyber regulations [4][5] - The company has a global presence with deployments across over 50 customers, including the largest drone manufacturers, indicating its capability in mission-critical functions [5]

Alphabet is an eclectic collection of tech-centric businesses. Unfortunately, there isn't one stock to rule them all. The "Magnificent Seven" is a popular tag for the most dominant, high-performing tech companies on the planet. Alphabet (GOOGL 0.78%), (GOOG 0.66%), Amazon, Apple, Meta Platforms, Microsoft, Nvidia, and Tesla have delivered market-crushing returns over the past decade, in large part because their businesses are on the forefront of the most disruptive technology macrotrends in modern history. ...

Core Viewpoint - Microsoft has revised its practices to prevent engineers in China from providing technical support to U.S. defense clients, aiming to mitigate national security and cybersecurity risks associated with its cloud services [1][2][3]. Group 1: Changes in Practices - The changes were implemented following concerns about U.S.-supervised foreign engineers and their potential impact on national security [2][3]. - Microsoft’s chief communications officer stated that no China-based engineering teams will assist U.S. Government customers for Department of Defense (DoD) cloud services [3]. Group 2: Impact on Azure Division - The change affects Microsoft's Azure cloud services division, which is estimated to generate over 25% of the company's revenue, making it larger than Google Cloud but smaller than Amazon Web Services [4]. - More than half of Microsoft's $70 billion in first-quarter revenue came from U.S.-based customers, indicating substantial reliance on government contracts [4]. Group 3: Historical Context - In 2019, Microsoft secured a $10 billion cloud-related defense contract, which was later canceled by the Pentagon in 2021 after legal disputes [5]. - In 2022, the Pentagon awarded cloud contracts totaling up to $9 billion to Microsoft and other major tech companies [5]. Group 4: Cybersecurity Concerns - A report indicated that Microsoft's Chinese Azure engineers were overseen by "digital escorts" in the U.S., raising concerns about potential vulnerabilities to cyberattacks from China [6]. - Microsoft initially claimed that its operations adhered to U.S. government regulations, despite the reported oversight issues [6]. Group 5: Commitment to Security - Microsoft remains committed to providing secure services to the U.S. government and is working with national security partners to evaluate and adjust security protocols as necessary [7].

Core Insights - Onar Holding Corporation has appointed Mark Gazit, an expert in cybersecurity and AI, to its Board of Directors, which is expected to enhance the company's strategic growth [1][2] - Gazit co-founded ThetaRay and has a strong background in leading technology companies, which aligns with ONAR's focus on AI-driven marketing solutions [2][3] Company Overview - ONAR is a leading marketing technology company that aims to drive revenue growth through an integrated, AI-driven approach, focusing on middle-market and growth-stage companies [4] - The company is actively seeking to acquire additional agencies to expand its network and enhance its service offerings [4] Strategic Focus - ONAR's recent advancements include intelligent campaign optimization and an expanding network of performance-driven agencies, positioning it as a next-generation leader in marketing technology [2] - The company is committed to developing innovative marketing technology solutions through its incubator, ONAR Labs [4]