Cybersecurity

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Allianz Says Hacker Accessed Most of 1.4 Million US Customers' Data
PYMNTS.com· 2025-07-27 20:41
Core Insights - Allianz Life experienced a data breach affecting the personal data of most of its U.S. customers, with a total of 1.4 million customers in North America impacted [2][3] Group 1: Incident Details - A "malicious threat actor" accessed a third-party, cloud-based system used by Allianz, obtaining personally identifiable data [2] - The company took immediate action to contain the issue and notified the FBI, stating there was no evidence that the hacker accessed its own network [3] Group 2: Industry Context - Data breaches involving third parties are increasingly common, with Verizon's 2025 Data Breach Investigations Report indicating that 30% of breaches in the year ending October 31, 2024, involved third parties, up from 15% the previous year [4] - The report highlights that the role of software vendors has evolved, leading to a more widespread problem that can have devastating effects on enterprises [5] Group 3: Cybersecurity Implications - Companies must consider the security limitations of third parties alongside their own when engaging in partnerships [6] - The emergence of agentic AI systems for cybersecurity introduces new governance and compliance challenges, raising questions about responsibility in case of errors or failures [7]
X @Bloomberg
Bloomberg· 2025-07-26 15:30
Play Pointed, Bloomberg’s news quiz for risk-takers.This week's categories include movies, cybersecurity, and world politics.Bet big on the topics you know, and maximize your score by leveraging your wagers. Choose wisely—wrong answers will cost you https://t.co/L5N9ERElJW https://t.co/F1WKyHriPL ...
X @Bloomberg
Bloomberg· 2025-07-25 18:16
Microsoft is investigating whether a leak from its early alert system for cybersecurity companies allowed Chinese hackers to exploit flaws in its SharePoint service before they were patched https://t.co/hSDP1slpgE ...
Rigetti Gains 44% in 1 Month: Is Investor Sentiment Starting to Shift?
ZACKS· 2025-07-25 17:21
Core Insights - Rigetti Computing (RGTI) has experienced a nearly 44% surge in stock price over the past month due to a significant technical milestone achieved on July 16, where it reached 99.5% median two-qubit gate fidelity on its new modular 36-qubit system, a two-times improvement over its previous best [1][6] - The company is on track to launch a 100+ qubit chiplet-based system by late 2025, reinforcing its position as a serious innovator in full-stack quantum hardware [1][6] Company Overview - Rigetti's vertically integrated model includes in-house chip fabrication, modular hardware, and cloud access via Quantum Cloud Services (QCS), allowing for faster iteration and tighter quality control compared to peers that rely on third-party infrastructure [2] - Despite a relatively small revenue base concentrated in research and government contracts, Rigetti's consistent technical progress and clear product roadmap are attracting long-term investors [2] Peer Comparisons - Arqit Quantum (ARQQ) has seen a 3.2% decline in stock price, as it shifts from a focus on quantum encryption to broader cybersecurity offerings, leading to mixed investor sentiment [3] - Quantum Computing Inc. (QUBT) has increased approximately 1% over the past month, focusing on software-driven quantum and AI solutions, targeting enterprise and cloud-based use cases [4] Financial Performance - Rigetti's shares have gained 4.6% year-to-date, compared to the industry's growth of 17.9% [5] - The company trades at a price-to-book ratio of 22.36, which is above the industry average, and carries a Value Score of F [8] - The Zacks Consensus Estimate for Rigetti's 2025 earnings suggests a significant 86.1% rise from the previous year [10]
Scryb Announces Proposed Share Consolidation
Newsfile· 2025-07-25 11:03
Company Overview - Scryb Inc. is proposing a consolidation of its common shares at a ratio of ten pre-consolidation shares for one post-consolidation share [1] - The company currently has 323,187,472 common shares issued and outstanding, which will reduce to approximately 32,318,747 shares post-consolidation [2] Consolidation Details - No fractional common shares will be issued; any resulting fractions will be rounded down to the nearest whole number without cash compensation [2] - A subsequent news release will provide the effective date of the consolidation, along with the new CUSIP and ISIN for the post-consolidation shares [3] - The post-consolidation shares will continue to trade under the existing name and trading symbol on the Canadian Securities Exchange (CSE) [3] Investment Focus - Scryb Inc. invests in and supports a portfolio of ventures across sectors such as AI, biotech, digital health, and cybersecurity [4]
IQST - IQSTEL Issues Strategic Shareholder Letter Highlighting NASDAQ Uplisting, $400M Run Rate, and $1 Billion Revenue Vision
Prnewswire· 2025-07-24 18:58
NEW YORK, July 24, 2025 /PRNewswire/ -- IQSTEL Inc. (NASDAQ: IQST), a leading provider of telecom, fintech, AI, and cybersecurity services, today released a comprehensive shareholder letter recapping a recent investor interview conducted by Michael Poarch with the company's CEO and CFO. The letter outlines key milestones including the company's NASDAQ uplisting without raising funds, strong revenue trajectory approaching a $400 million annual run rate, active EBITDA generation, recent acquisitions, and its ...
Microsoft's AI Bet Faces a Major Test This Earnings Season
MarketBeat· 2025-07-24 12:32
Earnings season is underway, so it’s time for investors to focus on some of the top technology stocks. One of the most closely watched names will be Microsoft Corporation NASDAQ: MSFT. The tech giant has delivered a total return of over 16% in the last year and a gain of over 155% in the last five years. Microsoft TodayMSFTMicrosoft$505.87 +0.60 (+0.12%) 52-Week Range$344.79▼$514.64Dividend Yield0.66%P/E Ratio39.09Price Target$548.36Add to WatchlistThe company’s depth and breadth touch the most promising t ...
X @Bloomberg
Bloomberg· 2025-07-24 08:34
Security Breach - Several South African entities have been compromised due to hackers exploiting a Microsoft SharePoint server security vulnerability [1] - Eye Security reported the security breach [1]