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Why Okta Stock Barreled Higher Tuesday Morning
The Motley Fool· 2025-04-29 18:33
Core Viewpoint - Okta is set to be added to the S&P MidCap 400 index, which is expected to increase demand for its shares and positively impact its stock price in the short term [2][4]. Group 1: Index Inclusion - Okta will replace Berry Global Group in the S&P MidCap 400 index starting May 1 [2]. - The addition to the index is generally seen as a positive development, as it increases demand from index funds and institutional investors [4]. Group 2: Financial Performance - For fiscal 2025 fourth-quarter results, Okta reported revenue of $682 million, a 13% year-over-year increase, and adjusted EPS of $0.78, which is a 24% jump [5]. - Management provided guidance for 2026, projecting revenue of approximately $2.855 billion and adjusted EPS of $3.17, both exceeding Wall Street expectations [6]. Group 3: Company Recovery - Following a significant security breach, Okta appears to be on a recovery path, which has restored shareholder confidence [6].
Tenable Appoints Eric Doerr as Chief Product Officer
Globenewswire· 2025-04-29 13:00
Core Insights - Tenable has appointed Eric Doerr as Chief Product Officer, bringing nearly three decades of experience in security product development from companies like Microsoft and Google Cloud [1][2][3] - Doerr will lead Tenable's global product organization, focusing on strategy, innovation, and execution, particularly as the company prepares to launch an expanded version of its Tenable One platform [2][3] - The appointment aligns with Tenable's momentum in cloud security and its vision for unified cybersecurity management across various attack surfaces [3][4] Company Overview - Tenable is recognized as an exposure management company, aiming to close cybersecurity gaps that can undermine business value and trust [5] - The company serves approximately 44,000 customers globally, providing an AI-powered platform that enhances security visibility and action across diverse environments [5]
Qualys Expands Platform to Protect Against AI and LLM Model Risk from Development to Deployment
Prnewswire· 2025-04-29 13:00
Core Insights - The rapid adoption of AI is leading organizations to implement solutions without adequate security controls, raising concerns about potential security breaches, with 72% of CISOs expressing worry about generative AI risks [1] - Qualys TotalAI is designed to address AI-specific security challenges, ensuring that only trusted models are deployed, thus balancing innovation with risk management [2][3] Group 1: Qualys TotalAI Features - TotalAI goes beyond basic assessments by testing models for vulnerabilities such as jailbreak risks, bias, and sensitive information exposure, aligning with OWASP Top 10 for LLMs [2] - The platform provides visibility, intelligence, and automation to protect AI workloads throughout their lifecycle, enhancing operational resilience and brand trust [3] - TotalAI detects 40 different attack scenarios, including advanced jailbreak techniques and bias amplification, to strengthen model resilience against exploitation [6] Group 2: Availability and Resources - Qualys TotalAI is now available for a 30-day trial, allowing organizations to explore its capabilities [4] - Qualys, Inc. is a leading provider of cloud-based security solutions, serving over 10,000 subscription customers globally, including many from the Forbes Global 100 and Fortune 100 [5]
Vodafone Business and Fortinet Expand Global Partnership to Secure Hybrid Work
Globenewswire· 2025-04-29 13:00
LONDON and SUNNYVALE, Calif., April 29, 2025 (GLOBE NEWSWIRE) -- News Summary Vodafone Business and Fortinet (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced an expanded global partnership, extending the reach of their converged networking and cybersecurity services to additional countries across Europe and Asia, as well as the United States. Together, the two companies are helping businesses deliver on the connectivity needs of today's hybr ...
Rapid7’s Command Platform Launches Unified Threat-Informed Remediation
Globenewswire· 2025-04-29 13:00
Core Insights - Rapid7, Inc. has announced significant enhancements to its Command Platform, focusing on unified threat-informed remediation and AI-assisted automated detection and response, aimed at improving security outcomes for organizations [1][2]. Group 1: Enhancements to Command Platform - The new version of the Command Platform provides security teams with platform-level remediation capabilities across exposure management and threat detection, enhancing visibility and collaboration [1]. - Integrated remediation of vulnerabilities is now available, whether from Rapid7's own scanner or third-party tools, along with AI-powered prioritization for threat investigation [3]. - Active Remediation with Velociraptor allows Rapid7 to act on behalf of customers to remove malicious artifacts, effectively responding to threats before they escalate into incidents [3]. Group 2: Addressing Security Challenges - Security teams are facing an expanding attack surface and a fragmented approach to security tools, necessitating automated remediation across the entire ecosystem [2]. - The enhancements aim to transform exposure and threat remediation processes by proactively identifying and prioritizing critical exposures [2]. Group 3: Key Features of the Command Platform - Unified Vulnerability Management allows organizations to consolidate risk signals across various security tools, enabling better prioritization and streamlined remediation [4]. - Fully Integrated Automation in the Remediation Process reduces administrative overhead and improves communication efficiency, speeding up remediation efforts [4]. - The AI-Powered Triage feature provides security analysts with visibility into AI decision-making, enhancing trust and integration of automation into workflows [4]. Group 4: Financial Protection and Support - The Breach Protection Warranty offers up to $1,000,000 in coverage for Managed Threat Complete (MTC) Ultimate customers, covering expenses related to cyberattacks [4]. - Rapid7's service includes unlimited incident response, simplifying breach response planning and reducing financial complexity for customers [4].
Varonis Enhances Threat Detection and Response Capabilities with Agentic AI
Globenewswire· 2025-04-29 13:00
Core Insights - Varonis Systems, Inc. has introduced agentic AI to enhance its Managed Data Detection and Response (MDDR) offering, aiming to provide continuous data defense for customers [1][4] - The integration of AI is a response to the increasing sophistication of automated attacks, allowing Varonis to improve incident triage, investigation, and containment [2][4] - Varonis' agentic AI operates autonomously, enabling human analysts to focus on more complex tasks while improving over time through learning from historical incidents [4] Company Overview - Varonis is recognized as a leader in data security, differentiating itself from traditional cybersecurity firms by focusing on data protection [5][6] - The company offers a cloud-native Data Security Platform that automates various security outcomes, including data classification and insider risk management [6] Customer Engagement - Thousands of organizations globally rely on Varonis for data protection across various environments, including SaaS, IaaS, and hybrid cloud [6] - Varonis emphasizes a proactive approach to data security, ensuring that data is protected first rather than as an afterthought [6]
VCI Global to Announce Fiscal Year 2024 Financial Results on May 13, 2025
Globenewswire· 2025-04-29 12:30
Company Overview - VCI Global Limited is a diversified global holding company focusing on sectors such as AI & Robotics, Fintech, Cybersecurity, Renewable Energy, and Capital Market Consultancy [3] - The company has a strong presence in Asia, Europe, and the United States, emphasizing technological innovation and sustainable growth [3] Financial Results Announcement - VCI Global will release its financial results for the fiscal year 2024, which ended on December 31, 2024, before markets open on May 13, 2025 [1] - An earnings call is scheduled for 8:00 a.m. Eastern Time on May 13, 2025, to discuss the financial and business outlook [1] Management Statement - Dato' Victor Hoo, Group Executive Chairman and CEO, expressed excitement about sharing the company's progress and growth during fiscal year 2024 with investors [3]
Overwatch Unveils Streamlined Cybersecurity Bundles to Accelerate Customer Outcomes
Globenewswire· 2025-04-29 12:30
Core Insights - High Wire Networks, Inc. has evolved its Overwatch cybersecurity portfolio to address the increasing threat of multi-vector attacks, introducing four streamlined solutions: Essential, Core, Proactive, and Complete [1][3][4] - The new offerings are designed to meet organizations at any stage of their cybersecurity journey, providing advanced multi-vector defense strategies tailored to operational maturity [1][4] - The transformation aims to simplify the pathway for organizations to enhance their cybersecurity capabilities, enabling them to scale and mature their security postures without unnecessary complexity [2][3] Product Offerings - Essential: Fundamental security services needed to defend against common threats [8] - Core: Provides deeper visibility and network insight for organizations enhancing their internal cybersecurity capabilities [8] - Proactive: Focuses on advanced risk reduction and data protection strategies to minimize vulnerabilities [8] - Complete: Offers comprehensive cybersecurity operations for organizations requiring full-spectrum resilience against sophisticated threats [8] Company Background - High Wire Networks is a global provider of managed cybersecurity services, serving over 1,100 managed security customers through more than 200 channel partners [5] - The company has been recognized as a Top 15 Managed Security Service Provider in the Americas for 2024 by Frost & Sullivan and has made it to CRN's MSP 500 and Elite 150 lists for 2023 and 2024 [6]
authID Announces Strategic Partnership with TechDemocracy to Accelerate Passwordless Identity for Workforce & Customer Access
Globenewswire· 2025-04-29 12:00
Core Insights - The partnership between authID and TechDemocracy aims to enhance the adoption of passwordless authentication solutions, focusing on secure and privacy-preserving methods [1][4] - TechDemocracy will train an initial group of 25 professionals on authID's biometric solutions, which boast a false-match accuracy rate of one-in-one-billion and rapid verification speeds [2][6] - The collaboration will include the development of QuickStart accelerators to facilitate the integration of authID's biometric capabilities into existing identity management systems [3][4] Company Overview - authID specializes in biometric identity proofing and authentication, providing services that ensure enterprises can accurately identify users while maintaining privacy [6] - The company claims to deliver biometric identity proofing in 700 milliseconds and authentication in 25 milliseconds, with a focus on eliminating password-related risks [6] - TechDemocracy has over 25 years of experience in Identity and Access Management (IAM) and has conducted over 1600 global engagements, specializing in workforce IAM and customer identity management [9]
抓马,网络安全CEO被传因植入恶意软件被捕,本人辟谣:假消息,害我血亏1.2万美元
3 6 Ke· 2025-04-29 10:34
Core Points - The incident involving Jeffrey Bowie, CEO of cybersecurity firm Veritaco, has raised concerns about internal threats within the cybersecurity industry [1][4] - Bowie was arrested for allegedly installing malware on hospital computers, which could have compromised sensitive patient data [2][3][7] - The hospital staff's quick action prevented potential data breaches, and no patient data was reported as accessed [3][7] Incident Details - The event occurred on August 6, 2024, when a hospital employee noticed a suspicious man using a staff-only computer [2] - Upon investigation, it was revealed that Bowie had accessed multiple computers and installed malware that captured screenshots every 20 seconds [2][3] - The malware was designed to send captured images to an external IP address, raising serious privacy concerns [3] Company Background - Veritaco is described as a small cybersecurity company providing services in cybersecurity, digital forensics, and private intelligence, with a workforce of 2-10 employees [4] - Bowie presented himself as a professional focused on delivering top-notch cybersecurity services on his LinkedIn profile [4] Legal Proceedings - Bowie was charged with two counts of violating the Oklahoma Computer Crimes Act, which could result in fines and imprisonment depending on the severity of the offense [7] - The law stipulates that unauthorized access to protected computers without significant damage can lead to misdemeanor charges, while severe cases may result in felony charges [7] Response from Jeffrey Bowie - Bowie publicly denied the allegations, claiming he was never arrested and that the reports were misleading [8][9] - He explained that the computers he accessed were not secured and that he used a PowerShell script to capture screenshots, which he argued was not malicious [9][10] - Bowie expressed confidence that the truth would eventually emerge, emphasizing his belief in due process [12]