Cybersecurity
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Aflac Incorporated Discloses Cybersecurity Incident
Prnewswire· 2025-06-20 12:00
Core Insights - Aflac Incorporated experienced a cyber incident on June 12, 2025, but managed to stop the intrusion quickly, ensuring business operations remained unaffected [1] - The attack was attributed to a sophisticated cybercrime group targeting the insurance industry, utilizing social engineering tactics to gain network access [2] - Aflac is offering free credit monitoring, identity theft protection, and Medical Shield for 24 months to potentially impacted individuals [2] Company Overview - Aflac is a Fortune 500 company providing financial protection and peace of mind for nearly seven decades, primarily through supplemental health insurance products in the U.S. and cancer and medical insurance in Japan [5] - The company has been recognized as the No. 1 provider of supplemental health insurance in the U.S. and the leading provider of cancer and medical insurance in Japan [5] - Aflac has been included in the World's Most Ethical Companies for 19 consecutive years and Fortune's World's Most Admired Companies for 24 years [5]
Vintz: Cyber has become integral to modern military operations
CNBC Television· 2025-06-20 11:36
Cyber Warfare & Geopolitical Risks - Cyber has become integral to modern military operations and an important domain of conflict alongside air, land, and sea [2] - Military forces launch major cyber offensives to weaken communications and attack critical infrastructure to gain military advantage [3] - The Israel-Iran conflict is likely to see more cyber attacks, some reported, others not, potentially extending beyond the Middle East [3][4] - Iran is proactively imposing a nationwide blackout on internet and telecommunication systems [4] - Cyber attacks are no longer just about stealing credit card data; they can be a very disruptive force [5] - Attacks could cripple communication systems, cause denial of service, infiltrate systems, and exfiltrate data [12] - The goal of attacks is to create upheaval, uncertainty, and disruptions, targeting both military and civilian levels, including municipal water supplies and manufacturing facilities [13] Threat Exposure & Security Measures - Companies need to be extra vigilant during times of military conflict and economic uncertainty, as higher incidents of cyber threats are observed [8] - Tenable focuses on exposure management, a pre-breach preventive security approach, different from detect and respond technologies [10] - Enterprises are modernizing and deploying technology rapidly, expanding the attack surface and creating challenges in holistically understanding risk [10] - Tenable's exposure management platform pieces together data from various sources to help customers understand risk holistically [10]
Aware (AWRE) Earnings Call Presentation
2025-06-19 13:04
Company Overview - Aware, Inc is a global biometric identity platform company using data science, machine learning, and AI to address business and identity challenges[7] - The company has a 30-year legacy of innovation and market leadership in biometric technology[23] - Aware has a strong financial foundation for growth, focusing on recurring revenue and profitability[29] Market and Growth - The global biometric system market is projected to grow to $82.9 billion by 2027[11] - Aware experienced a 15% top-line revenue CAGR from 2020 to 2023[33] - The company achieved 20% ARR & Recurring Revenue Growth[33] Technology and Differentiation - Aware's technology combines liveness and authentication, multi-modal automated biometric identification system, integration-ready middleware, and biometric orchestration[35] - Aware is leading in preventing bias in biometric technologies, with competitors having 2X to 4X more bias in liveness detection and matching[41] - The company has ~80 U S & International Patents[36] Financial Highlights - Aware has $28.5 million in cash, cash equivalents & marketable securities with no debt[28] - The company maintains a >90% customer retention rate[26]
Get up to $50 Amazon gift cards with NordVPN's Prime Day deal
GlobeNewswire News Room· 2025-06-19 12:50
Core Points - NordVPN has launched a limited-time Amazon gift card giveaway to attract new users, offering gift cards up to $50 with the purchase of any 2-year plan [1][5] - The promotion is available in the US, Canada, United Kingdom, and Australia, aiming to enhance digital security accessibility [1] - The marketing strategy reflects the growing recognition of cybersecurity importance among consumers [2] Product Features - All NordVPN plans protect up to 10 devices and include post-quantum encryption support [3] - The NordVPN Plus plan features Threat Protection Pro, which blocks ads, trackers, and malware, and includes NordPass for password management [3] - The NordVPN Complete plan adds 1 TB of encrypted cloud storage and is available with additional features in the US, including NordProtect, which offers up to $1 million in cyber insurance [4] - Outside the US, the NordVPN Ultra plan includes similar features but replaces NordProtect with the Incogni data removal service [5] Promotional Details - Gift cards are distributed between 31 and 50 days after subscription purchase, and all plans come with a 30-day money-back guarantee [2] - Different plans offer varying gift card amounts: $20 for Plus, $40 for Complete, and $50 for Ultra or Prime plans [5]
AI is Top of Mind in Alithya's 2025 Industry Trends Reports for Manufacturing, Healthcare, and Financial Services
Prnewswire· 2025-06-19 11:00
Core Insights - Alithya Group released its 2025 Industry Trends Reports focusing on manufacturing, healthcare, and financial services, providing insights into key trends, challenges, and opportunities for the next 12 months [1][7] Manufacturing Industry Trends - Manufacturers are increasingly adopting digital tools to enhance productivity, ensure continuity, and maintain a competitive edge, with AI, analytics, and cybersecurity becoming central to strategic planning [4][7] - Over 50% of respondents identified operational efficiency as their top innovation priority, and nearly half are utilizing AI for supplier diversification and demand forecasting [7] Healthcare Industry Trends - Healthcare leaders are addressing rising cyber risks, budget constraints, and the necessity for responsible AI use in patient care, with a focus on innovation driven by stability and security [5][7] - Cybersecurity is cited as the top challenge by 60% of respondents, an increase from its previous ranking in 2024 [7] Financial Services Industry Trends - Financial services firms are cautiously modernizing, balancing innovation with risk management, with cloud adoption, AI oversight, and automation shaping their future [6][7] - 75% of firms are progressing with secure cloud transformation, while 40% identify cybersecurity as a primary concern related to generative AI [7] Overall Industry Trends - The reports highlight a common trend of increased AI adoption across all sectors, with specific focus areas including AI governance, cybersecurity investments, and automation efficiency [2][7] - 60% of respondents are actively pursuing financial efficiency measures, and nearly 60% are investing in intelligent document processing to streamline operations [7]
Will Growing Federal IT Spending Boost WYY's Revenue Pipeline?
ZACKS· 2025-06-18 14:20
Core Insights - WidePoint Corporation (WYY) is strategically positioned to benefit from increasing federal IT spending, particularly through its alignment with government priorities and contract momentum [1][8] - The recent FedRAMP authorization for WidePoint's ITMS platform enhances its visibility in the federal marketplace, leading to more secure government opportunities [1] Federal Contracts and Relationships - WidePoint is making significant progress under the Department of Defense's Spiral 4 contract, with management confident in continued heightened activity due to strong differentiation in managed mobility offerings [2] - The company is also deepening its federal footprint through relationships with agencies like the Department of Homeland Security, with optimism about retaining critical contracts due to increased IT budgets [3] Value Proposition and Market Position - Despite some federal agencies facing budget pressures, WidePoint's value proposition of helping agencies reduce costs while enhancing efficiency is well-received [4] - The company's pipeline indicates growing demand from federal agencies focusing on cybersecurity, efficiency, and mobility solutions, which could enhance its revenue in 2025 and beyond [5] Stock Performance and Valuation - WYY's shares have decreased by 31.3% over the past six months, contrasting with a 2.6% rise in the industry [6] - The stock is currently trading at a low forward price-to-sales (P/S) ratio of 0.18X, significantly below the industry average of 1.81X, indicating a potential investment opportunity [8][9] Earnings Estimates - The Zacks Consensus Estimate for 2025 has shifted from projected earnings of 1 cent per share to a loss of 14 cents, while the company reported an adjusted loss of 21 cents per share in 2024 [11] - Earnings for 2026 are expected to grow robustly by 175%, while competitors are projected to have modest growth or declines in earnings [13]
IQSTEL and Cycurion (CYCU) Unveil Plans for AI-Powered Next-Generation Cybersecurity Platform, Targeting the Global Telecom Industry
Globenewswire· 2025-06-18 12:30
Core Viewpoint - Cycurion Inc. and IQSTEL Inc. are advancing their strategic partnership to develop customized cybersecurity solutions for the global telecom industry, entering an execution phase focused on product rollout and market deployment [1][2]. Group 1: Collaboration Details - The partnership includes six pillars of collaboration, focusing on advanced cybersecurity solutions for telecom carrier infrastructure to protect critical operations from breaches and operational risks [3]. - A white-label cybersecurity platform named "Cyber Shield" is being launched, allowing telecom operators to offer high-margin cybersecurity services to their customers, enhancing customer retention and creating new revenue streams [4]. - Cycurion is exploring the integration of IQSTEL's proprietary AI platform to optimize operational processes and enhance cybersecurity measures [5]. Group 2: AI and Cybersecurity Development - The companies are developing an AI-Powered Next-Generation Cybersecurity Platform, leveraging Cycurion's cybersecurity expertise and IQSTEL's AI technologies to create a proactive defense system tailored for telecom operators [5][9]. - The initiative aims to increase predictive protection and enhance adaptive response capabilities, allowing for intelligent, real-time countermeasures against evolving cyber threats [8]. Group 3: Market Opportunity - The global cybersecurity market is projected to exceed $500 billion by 2030, driven by digital transformation and increasing cyber threats, with the telecom sector requiring robust digital defenses [11]. - IQSTEL operates in over 20 countries and has established relationships with more than 600 telecom operators, positioning itself to deliver cybersecurity solutions on a global scale [12]. Group 4: Future Plans - A commercial launch of the joint products is planned for the second half of 2025, with teams aligning on product development and go-to-market strategies for a coordinated rollout [10].
IQST - IQSTEL and Cycurion (CYCU) Unveil Plans for AI-Powered Next-Generation Cybersecurity Platform, Targeting the Global Telecom Industry
Prnewswire· 2025-06-18 12:15
Core Viewpoint - IQSTEL Inc. and Cycurion Inc. are advancing their strategic partnership to develop customized cybersecurity solutions for the global telecom industry, entering the execution phase focused on product rollout and market deployment [1][2]. Group 1: Collaboration Details - The partnership includes six pillars of collaboration, focusing on advanced cybersecurity solutions for telecom carrier infrastructure to protect critical operations against breaches and operational risks [3]. - A white-label cybersecurity platform named "Cyber Shield" is being launched, allowing telecom operators to offer high-margin cybersecurity services to their customers, enhancing customer retention and creating new revenue streams [4]. - The integration of IQSTEL's proprietary AI platform into Cycurion's operations aims to optimize internal processes, reduce costs, and accelerate the execution of high-value contracts [8]. Group 2: AI and Cybersecurity Development - The companies are developing an AI-Powered Next-Generation Cybersecurity Platform, combining Cycurion's cybersecurity expertise with IQSTEL's AI technologies to create a proactive defense system tailored for telecom operators [5][10]. - The initiative aims to increase predictive protection, enabling the identification and neutralization of threats before they materialize, and enhance adaptive response with intelligent, real-time countermeasures [9]. Group 3: Market Strategy and Opportunities - A commercial launch is planned for the second half of 2025, with joint teams aligning on product development, packaging, and go-to-market strategies for a coordinated global rollout [11]. - The global cybersecurity market is projected to exceed $500 billion by 2030, driven by digital transformation and escalating cyber threats, with the telecom sector requiring robust digital defense solutions [12]. - IQSTEL's established presence in over 20 countries and relationships with over 600 telecom operators positions the company to deliver cybersecurity solutions at a global scale [13]. Group 4: Leadership Insights - Leandro Iglesias, CEO of IQSTEL, expressed confidence that the partnership will deliver significant value to telecom carriers and their customers [14]. - Kevin Kelly, CEO of Cycurion, highlighted the collaboration's potential to create intelligent, scalable solutions tailored for the telecom industry, leveraging AI expertise [14]. Group 5: Company Profiles - Cycurion Inc. specializes in data protection, threat management, and compliance solutions for various sectors, including telecom, aiming to empower organizations with adaptive security [15]. - IQSTEL Inc. provides advanced solutions across multiple sectors, forecasting $340 million in revenue for FY-2025 and targeting a $1 billion valuation by 2027 [16].
CEA-Leti and Soitec Announce Strategic Partnership to Leverage FD-SOI for Enhanced Security of Integrated Circuits
Globenewswire· 2025-06-18 06:00
Core Insights - CEA-Leti and Soitec have formed a strategic partnership to enhance the cybersecurity of integrated circuits (ICs) using fully depleted silicon-on-insulator (FD-SOI) technologies, targeting critical markets such as automotive, industrial IoT, and secure infrastructure [1][2][3] Group 1: Partnership Objectives - The initiative aims to experimentally validate and augment the security benefits of FD-SOI, providing concrete data and practical demonstrations to meet rising cybersecurity demands [2][4] - Key goals include co-developing innovations to boost physical robustness and meet security requirements in automotive and embedded systems, as well as demonstrating empirical security data for certification contexts [6][7] Group 2: Technological Advantages - FD-SOI offers significant advantages against physical attacks, including laser fault injection (LFI), due to its thin-film architecture and channel isolation [3][7] - The technology enables power-performance optimization, essential for battery-constrained applications like automotive electronic control units (ECUs) and industrial sensors [7] - Enhanced protection features include embedded anti-tamper mechanisms and physical unclonable functions (PUFs) for hardware fingerprinting, along with dynamic response mechanisms to counter emerging threats [7] Group 3: Long-Term Vision - The partnership sets the stage for long-term innovation, envisioning a next-generation cyber-substrate that addresses both cyber and supply-chain vulnerabilities, making FD-SOI more secure and indispensable [5][6] Group 4: Company Backgrounds - CEA-Leti is a global leader in miniaturization technologies, focusing on smart, energy-efficient, and secure solutions, with a portfolio of 3,200 patents and over 2,000 employees [8][9] - Soitec, a leader in innovative semiconductor materials, generated sales of €0.9 billion in fiscal year 2024-2025 and holds nearly 4,300 patents, serving key markets including mobile communications, automotive, and industrial [10]
Iridium Names Monique Shivanandan to Board of Directors
Prnewswire· 2025-06-17 11:01
Core Insights - Iridium Communications Inc. has appointed Monique Shivanandan to its Board of Directors, effective immediately [1][2] - Shivanandan brings extensive experience in cybersecurity and technology from her previous roles at HSBC, Chubb, Aviva, and Capital One [2][3] - She is recognized as an independent director and will serve on the Compensation Committee [3] Company Overview - Iridium Communications Inc. operates the only mobile voice and data satellite communications network that provides global coverage [3] - The company enables real-time connections for people, organizations, and assets worldwide [3] - In 2024, Iridium acquired Satelles and launched the Iridium Satellite Time and Location service [3]