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INVESTIGATION ALERT: Berger Montague PC Investigates Aflac, Inc.'s Board Of Directors For Breach of Fiduciary Duties (NYSE: AFL)
Prnewswire· 2025-06-30 18:04
Core Viewpoint - Aflac Inc. is under investigation for potential breaches of fiduciary duty and corporate governance failures related to a recent cybersecurity breach that may have compromised sensitive personal data of customers and employees [1][2][3] Group 1: Cybersecurity Breach - On June 12, 2025, Aflac disclosed that unauthorized actors accessed its U.S. systems, potentially compromising personal data including Social Security numbers, health records, and insurance claim information [2] - The company is currently assessing the full scope of the data exposure resulting from the breach [2] Group 2: Investigation Details - Berger Montague is evaluating whether Aflac's officers and directors failed to implement adequate cybersecurity protocols and whether they provided timely and accurate disclosures regarding the breach [3] - The investigation will also consider if there was a breach of the duty of oversight by Aflac's leadership [3]
X @Bloomberg
Bloomberg· 2025-06-30 17:25
The International Criminal Court contained a “sophisticated and targeted” cybersecurity incident that it first identified last week, the organization said https://t.co/UgmLVO4jVN ...
WISeKey Shareholders Approved All Agenda Items of the 2025 Annual General Meeting
Globenewswire· 2025-06-30 13:15
Core Points - WISeKey International Holding Ltd's shareholders approved all agenda items during the 2025 Annual General Meeting held on June 27, 2025 [1][2] - The re-election of all eight current members of the Board of Directors, including Mr. Carlos Moreira as Chairman, was confirmed for a one-year term ending at the conclusion of the 2026 AGM [2] - The company expressed gratitude to shareholders for their support and confidence, emphasizing a commitment to building a stronger company for all stakeholders [3] Company Overview - WISeKey is a global leader in cybersecurity, digital identity, and IoT solutions, operating as a Swiss-based holding company with several operational subsidiaries [4] - The subsidiaries focus on various technology areas, including semiconductors, secure authentication, satellite communication, blockchain NFTs, and decentralized internet solutions [4][5] - WISeKey has deployed over 1.6 billion microchips across various IoT sectors, playing a vital role in securing the Internet of Everything [5]
X @TechCrunch
TechCrunch· 2025-06-28 13:35
FBI, cybersecurity firms say a prolific hacking crew is now targeting airlines and the transportation sector | TechCrunch https://t.co/fcxmzTDInU ...
X @IcoBeast.eth🦇🔊
IcoBeast.eth🦇🔊· 2025-06-27 20:25
We've gotta be less than 24 hours from a random KOL getting all of their accounts and wallets smoked by NK hackers via a malicious Gmeet or Zoom link while trying to sell their profile for way more than anyone would ever seriously offer them ...
X @Forbes
Forbes· 2025-06-27 02:32
Cybersecurity Threat - Iran's cyber capabilities pose a significant threat [1] - A former Israeli military intelligence operative issued a warning regarding Iran's cyber capabilities [1] US Response - The US cyber agency may face challenges in responding to Iran's cyber capabilities [1]
Microsoft transfers a top cybersecurity executive out of the company's security group, internal memo shows
Business Insider· 2025-06-26 20:16
Core Insights - Microsoft has transferred its Chief Information Security Officer (CISO), Igor Tsyganskiy, from the security organization to report to the Executive Vice President of Cloud + AI, indicating the increasing significance of artificial intelligence within the company [1][2][4] Group 1: Organizational Changes - Tsyganskiy will now oversee security in relation to Microsoft's Cloud and AI initiatives, which include Azure and partnerships with AI companies like OpenAI [2][4] - This move aims to enhance the integration of security measures with platform development, thereby improving the company's ability to address emerging threats [4] Group 2: Security Strategy - The CISO team is deemed critical for safeguarding Microsoft and its customers, acting as the first line of defense against global threats [3] - Microsoft has faced significant security challenges in recent years, including criticism from the Department of Homeland Security for security failures that allowed unauthorized access to customer emails [5] Group 3: Security Initiatives - Microsoft has expanded its Secure Future Initiative, making security a top priority for all employees and incorporating security metrics into performance evaluations [6] - Tsyganskiy, who became CISO in January 2024, is recognized as a dynamic leader with extensive experience in high-security environments [6]
An AI Bot Beats Top Human Hackers
Bloomberg Technology· 2025-06-26 20:16
Key Findings - An AI, specifically from XPO, tops HackerOne's US leaderboard, marking the first time a machine achieves this [1][2] - Cyber attacks are increasing, and software vulnerabilities are growing due to more engineers and code development with AI, which is trained on vulnerable open-source software [3][4] - CISOs and CIOs are seeking consolidated cybersecurity solutions, indicating a market need for platforms like XPO that can find and automatically fix vulnerabilities [4][5] XPO's Strategy and Capabilities - XPO aims to build a cybersecurity platform that helps find and fix vulnerabilities automatically, emphasizing the importance of defense tech in the current landscape [5][6] - XPO's AI identifies vulnerabilities in top companies like Palo Alto Networks, AT&T, Disney, and Sony, with these companies proactively fixing the issues [7][8] - XPO is focused on speed to stay ahead of cyber threats, emphasizing the need to secure perimeters before attacks occur [9][10] Market and Investment Perspective - AI is significantly impacting various fields, including defense, cybersecurity, customer service, and software engineering, reinventing large industries [12] - XPO aims to enhance the performance of cybersecurity professionals and automate mundane tasks like reconnaissance, scanning, exploitation, and reporting [13] - XPO is focused on working with top companies in sectors with the greatest security needs, such as financial services and healthcare [15]
CISO Global Secures Alliance with Financial Independence Group
Globenewswire· 2025-06-26 12:30
Core Insights - CISO Global has formed a strategic alliance with Financial Independence Group (FIG) and Cyber Assurance Group Incorporated (CAGI) to enhance the distribution of its cybersecurity product CHECKLIGHT through the CyberSimple solution, targeting a $2 billion market opportunity in the PEO and Financial Management sector [1][4]. Group 1: Company Overview - CISO Global is a leader in AI-powered cybersecurity software and compliance services, headquartered in Scottsdale, Arizona, focusing on protecting organizations from emerging cyber threats [5]. - Financial Independence Group (FIG) provides wealth management solutions and business acceleration tools, managing over 1.5 million clients across the United States [6]. - Cyber Assurance Group Incorporated (CAGI) specializes in cyber risk insurance, utilizing advanced technology to assess and mitigate cyber threats [7]. Group 2: Strategic Partnership Details - The integration of CyberSimple powered by CHECKLIGHT into FIG's proprietary advisor portal will include a $1.5 million warranty, enhancing the services offered to wealth advisors [2]. - The partnership aims to provide essential cyber protection for financial services firms and their retail clients, addressing the increasing threat of cyber attacks [3]. - CISO Global will support FIG with user-friendly instructional video tutorials to facilitate the installation and management of CHECKLIGHT [3].
Mobilicom and Palladyne AI Partner to Deliver Cybersecure Autonomy for Drones, Industrial Robots and Other Unmanned Systems
Globenewswire· 2025-06-26 11:00
Core Viewpoint - Mobilicom and Palladyne AI have entered a cooperation agreement to offer a bundled solution that combines Palladyne AI's autonomy software for UAVs and industrial robots with Mobilicom's OS3 cybersecurity solution, enhancing operational effectiveness and security for autonomous systems in defense and commercial sectors [1][2][3] Group 1: Partnership Details - The collaboration aims to deliver a secure, AI-driven autonomous operations solution that addresses mission success in both battlefield and manufacturing environments [2] - Mobilicom's OS3 cybersecurity software provides continuous monitoring and threat prevention, ensuring regulatory compliance and resilience during complex operations [3] Group 2: Product Features - Palladyne AI's Pilot software enhances UAV mission effectiveness through real-time multi-modal sensor fusion, enabling persistent detection and classification of objects [2] - Palladyne's IQ software for industrial robotics utilizes AI and machine learning to provide human-like reasoning, allowing robots to adapt to real-world changes and perform complex tasks [4][5] Group 3: Market Applications - Palladyne AI's software is designed for a wide range of applications, including automotive, aviation, construction, defense, and logistics, enabling various types of machines such as UAVs, UGVs, and ROVs to achieve autonomous capabilities [5][6] - The partnership is expected to elevate the return on investment for diverse robotic systems, enhancing their operational capabilities in dynamic environments [5][6]