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ONAR Appoints Globally Recognized Cybersecurity and AI Expert Mark Gazit to the Company’s Board of Directors
Globenewswire· 2025-07-18 14:00
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 technology incubator, ONAR Labs, is dedicated to identifying and commercializing innovative marketing technology solutions [4] - The company has expressed ambitions to surpass $100 million in revenue and secure a NASDAQ listing, indicating a strong growth trajectory [5]
X @Forbes
Forbes· 2025-07-18 13:50
AI For Cybersecurity Is Advancing, But Users Need To Trust It https://t.co/gByFOlvDVB https://t.co/yHy30KiIck ...
Rapid7 Announces Availability of InsightCloudSec and InsightAppSec in the New AWS Marketplace AI Agents and Tools category
Globenewswire· 2025-07-18 13:00
Core Insights - Rapid7 has launched exposure management capabilities, InsightCloudSec and InsightAppSec, in the new AI Agents and Tools category of AWS Marketplace, enabling organizations to secure and scale generative AI solutions [1][5] Group 1: Product Offerings - InsightCloudSec provides real-time cloud posture and risk assessment to ensure security and compliance of cloud infrastructure supporting AI/ML resources [2] - InsightAppSec offers automated testing and attack simulation for large language models (LLMs) in web applications, helping to identify and prioritize vulnerabilities in AI solutions [2][3] Group 2: Strategic Importance - The combination of Rapid7's expertise in cloud and threat management with AWS's scale allows customers to enforce policies, monitor usage, and reduce risks throughout the AI development lifecycle [3] - InsightCloudSec and InsightAppSec are integral to Rapid7's Exposure Command offering, which helps organizations detect and prioritize exposures from endpoints to cloud [3] Group 3: Compliance and Control - The offerings provide visibility into user access across the organization, enabling the right-sizing of permissions according to least privilege access (LPA) [4] - Organizational policies based on Rapid7's AI/ML security best practices assist teams in implementing controls and enforcing compliance during the development of generative AI applications [4] Group 4: Procurement Efficiency - The introduction of AI Agents and Tools in AWS Marketplace streamlines the procurement process, reducing the time required for vendor evaluations and negotiations [5] - Centralized purchasing through AWS accounts allows customers to maintain visibility and control over licensing, payments, and access [5]
X @Forbes
Forbes· 2025-07-17 17:40
AI For Cybersecurity Is Advancing, But Users Need To Trust Ithttps://t.co/XedsQxnQzD https://t.co/Lny6CbP3W5 ...
X @Bloomberg
Bloomberg· 2025-07-17 13:52
Nearly a quarter of cybersecurity bosses said their companies have experienced an attack powered by artificial intelligence in the past year, a new survey shows https://t.co/tD9YleO7S4 ...
Splunk (SPLK) Update / Briefing Transcript
2025-07-17 05:00
Summary of Splunk (SPLK) Update / Briefing July 17, 2025 Company and Industry Overview - **Company**: Splunk (SPLK) - **Industry**: Cybersecurity and Data Analytics - **Focus**: The state of security in the APAC region for 2025, with insights into challenges, trends, and the role of AI in security operations Key Findings and Core Points 1. **Visibility Challenges**: Organizations struggle with visibility across cloud and hybrid environments, leading to exploitable gaps for threat actors. Approximately 52% of organizations in Japan report data silos as a major concern [9][11][10] 2. **Budget Constraints**: There is increasing pressure on budgets, with organizations required to cut costs while simultaneously investing in AI technologies. This creates a "perfect storm" for cost management [14][15] 3. **Alert Overload**: Nearly 60% of Security Operations Center (SOC) leaders spend more time managing tools than responding to threats, leading to inefficiencies and alert fatigue. Almost half of respondents struggle to triage alerts effectively [21][22] 4. **Data Management Gaps**: Over half of security leaders report that investigations are slowed due to lack of access to the right data at the right time, exacerbated by data silos and inconsistent access controls [23][24] 5. **AI Adoption**: Organizations are increasingly looking to AI to improve efficiency in security operations, although challenges remain regarding the accuracy and governance of AI systems [33][36][41] 6. **Regulatory Pressure**: Financial services organizations (FSOs) are more advanced in cybersecurity maturity due to regulatory scrutiny, while public sector organizations face significant challenges from tool fragmentation [66][68] 7. **Manufacturing Sector Issues**: The manufacturing industry experiences high attack frequencies and tool sprawl, with 76% of time spent on tool maintenance rather than threat investigations [69][70] Additional Important Insights 1. **Vendor Relationships**: Complexity in vendor relationships can hinder incident response, with organizations often outsourcing components that may create inefficiencies [26] 2. **Skill Gaps**: The evolving landscape of cybersecurity necessitates a shift in skill sets, with a focus on building detections and compliance with regulatory requirements [45][47] 3. **Insider Threats**: There is a growing focus on managing insider threats, with organizations recognizing that trusted individuals can also pose risks [52] 4. **Data Governance**: Effective data governance is critical for managing data access and ensuring compliance, especially in light of increasing regulatory demands [57][58] 5. **Unified Platforms**: The need for unified platforms and shared processes is emphasized to overcome the challenges of fragmented tools and improve operational efficiency [72] Conclusion - The briefing highlights the critical need for organizations to enhance visibility, streamline operations, and leverage AI effectively while addressing budget constraints and regulatory pressures. The focus on data governance and unified platforms is essential for improving security posture across industries.
Why Do Merchants Trust Mastercard in a Risky Digital World?
ZACKS· 2025-07-16 17:26
Core Insights - Mastercard Incorporated (MA) is enhancing merchant trust through robust digital security measures amid increasing payment fraud and cyber threats [1][8] - The company has invested significantly in cybersecurity, deploying AI-driven fraud detection tools and biometric authentication to mitigate risks [2][8] - Strategic partnerships and compliance with data privacy standards are key components of MA's approach to maintaining security and trust [3][4] Technology and Security Measures - MA has introduced AI-driven fraud detection tools and tokenization technology, which replaces card details with unique identifiers, reducing theft risk [2] - The exclusive Cyber Secure tool provides real-time risk assessments, allowing businesses to proactively address vulnerabilities [2] - The acquisition of RiskRecon enhances MA's ability to monitor third-party risks, particularly beneficial for small and medium enterprises [3] Market Position and Performance - In the year-to-date period, MA's shares have increased by 4.3%, outperforming the industry average growth of 2.4% [7] - MA's forward price-to-earnings ratio stands at 31.59, above the industry average of 21.85, indicating a premium valuation [10] - The Zacks Consensus Estimate predicts a 9.6% growth in MA's earnings for 2025 compared to the previous year [12] Competitive Landscape - Competitors like Visa and PayPal are also leveraging AI to enhance their cybersecurity measures and operational efficiency [5][6] - Visa has invested over $10 billion in AI and fraud prevention technologies over the past five years, improving its transaction monitoring capabilities [5]
Why the Digital World Needs Cyber Diplomats | Sanjana Rathi | TEDxGCEM
TEDx Talks· 2025-07-16 16:24
Cybersecurity Threats & Impact - Cybercrime is a global epidemic, not a niche concern, affecting ordinary people and causing them to lose their savings [1] - A farmer in India lost approximately ₹100,000 (₹1 Lakh) to an international phishing attack, highlighting the real-world impact of cybercrime [1] - A ransomware attack on one of the largest shipping companies caused approximately $300 million in damages [2] - In 2017, an attack on around 20 ships in the Black Sea showed navigation systems placing ships approximately 32 kilometers inland, demonstrating risks to life and the economy [3] Cybersecurity Challenges & Evolution - The world failed to evolve fast enough to meet digital threats, with laws and systems lagging behind technology [1] - Governments are investing billions of dollars in new institutions and policies, but building more silos instead of agility [1] - The issue is not a failure of intention, but a failure of evolution in cybersecurity [1] Cyber Diplomacy as a Solution - Cyber diplomacy is presented as a necessary next step in global evolution, blending technology and diplomacy [1][3] - Cyber diplomats are needed to understand firewalls, foreign policy, encryption, and empathy, acting swiftly across borders [1] - Cyber diplomats should be trained not just in response, but in anticipation, acting as new diplomats of peace across digital frontiers [1] - Cyber diplomacy can bring a solution to critical infrastructure systems that are increasingly digitized and vulnerable to collapse [1][3]
X @Bloomberg
Bloomberg· 2025-07-16 14:55
European authorities say they’ve disrupted the computer infrastructure of a pro-Russian hacktivist group https://t.co/Pwr6mceRXI ...
United Natural Foods (UNFI) Update / Briefing Transcript
2025-07-16 13:30
UNFI Business Update Conference Call Summary Company Overview - **Company**: United Natural Foods, Inc. (UNFI) - **Industry**: Food Supply Chain and Distribution Key Points and Arguments Business Recovery and Cyber Incident - UNFI experienced a cyber incident that disrupted operations, prompting immediate action to shut down systems to protect data and restore services [5][7] - The company successfully restored primary electronic ordering systems by June 16, allowing for efficient order processing [8] - By June 26, core systems were restored, and operations returned to normalized levels, with key metrics like fill rates and on-time deliveries close to pre-incident levels [10][22] Financial Outlook - The revised fiscal 2025 outlook includes a modest increase in net sales by 0.6% to a range of $31.6 billion to $31.8 billion, reflecting a 4.3% increase from fiscal 2024 [13] - Adjusted EBITDA is projected to be between $535 million and $565 million, with an expected impact of $40 million to $50 million from the cyber incident [14] - Free cash flow outlook increased from at least $150 million to approximately $200 million due to reduced capital spending and operational performance [14] Impact of Cyber Incident - Estimated lost sales due to the cyber incident range from $350 million to $400 million, with a significant impact on Q4 of fiscal 2025 [13] - The incident resulted in additional costs, including $5 million for cybersecurity experts and $20 million for operational inefficiencies [15] Strategic Focus and Future Plans - UNFI aims to reduce net leverage to nearly 2.5 times by the end of fiscal 2026, a year earlier than previously expected [11] - The company plans to continue investing in technology and cybersecurity to prevent future incidents and enhance operational efficiency [34][43] - UNFI's strategy remains focused on adding value for customers and suppliers while improving free cash flow [16] Customer Relationships and Market Position - UNFI has maintained strong relationships with customers during the disruption, with collaborative efforts to manage supply chain challenges [20][36] - The company is optimistic about onboarding new customers and expects business development conversations to remain productive [24] Operational Metrics - As of the latest update, average outbound fill rates and units shipped are at or near pre-incident levels, indicating a return to operational stability [10][22] Additional Important Insights - UNFI's leadership emphasized the importance of collaboration with customers and suppliers during the recovery process, which has strengthened partnerships [37][68] - The company is committed to transparency regarding the cyber incident and is working to enhance its cybersecurity measures based on lessons learned [34][52] This summary encapsulates the critical aspects of UNFI's business update conference call, highlighting the company's recovery from a cyber incident, financial outlook, strategic focus, and customer relationships.