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European Commission Awards Cybersecurity Contract to Unisys-Led Consortium
Prnewswire· 2025-10-09 13:00
Core Insights - Unisys has been selected by the European Commission to provide critical cybersecurity services to 71 public entities in the EU as part of the Cybersecurity Professional Services Framework Contract (FREIA) [1][2] - The EUCybersafe Consortium, led by Unisys and including partners Uni Systems and Wavestone, aims to enhance operational cyber resilience in response to increasing digital threats [1][2][3] Group 1: Contract Details - The four-year contract will deliver essential services such as risk management, secure architecture design, incident response, and threat intelligence to key EU institutions including the European Commission, the Council, and the European Parliament [2] - A June 2025 report by the European Commission highlights that nearly 20% of cyber attacks target public administration organizations, underscoring the need for robust cybersecurity measures [2] Group 2: Company Profiles - Uni Systems has been a strategic ICT partner since 1964, providing integrated solutions and services across more than 20 countries, focusing on complex IT projects [5] - Wavestone, a leading consulting partner, supports major companies in strategic transformations, leveraging expertise at the intersection of technology and business [6] Group 3: Unisys Cybersecurity Solutions - Unisys offers a range of cybersecurity solutions including Continuous Threat Exposure Management, Managed Detection and Response, and Cyber Recovery, all designed to address evolving threats and ensure operational continuity [7]
Arqit Quantum Inc. Announces Select Preliminary Financial Results for the Second Half and Full Fiscal Year 2025
Globenewswire· 2025-10-09 13:00
Core Viewpoint - Arqit Quantum Inc. has announced preliminary financial results for the second half and full fiscal year 2025, indicating modest revenue growth and ongoing legal proceedings related to a class action lawsuit [1][4]. Financial Performance - Revenue for the second half of fiscal year 2025 is expected to be approximately $460,000 to $470,000, while the full fiscal year revenue is projected to be between $525,000 and $535,000 [2]. - Cash and cash equivalents stood at approximately $36.9 million as of September 30, 2025 [2]. - Revenue growth in fiscal year 2025 compared to fiscal year 2024 is attributed to new contracts and the commencement of revenue recognition under a multi-year enterprise license contract in the EMEA region [2][7]. Legal Matters - Arqit is currently engaged in settlement discussions related to a class action lawsuit in the United States District Court for the Eastern District of New York [4]. Future Outlook - The company anticipates reporting complete financial results for the second half and full year in December 2025, followed by a conference call to discuss these results [5]. - Contracts executed are expected to generate approximately $1.2 million in revenue for fiscal year 2026, contingent on successful delivery and customer commitments [2]. Company Overview - Arqit Quantum Inc. specializes in quantum-safe encryption, providing a unique encryption software service that secures communications against current and future encryption attacks, including those from quantum computers [6]. - The company has received multiple awards for its innovative technology, including recognition as an IDC Innovator for Post-Quantum Cryptography in 2024 and various accolades at the Mobile World Congress 2024 [6][8].
Investors who lost money on Fortinet, Inc.(FTNT) should contact The Gross Law Firm about pending Class Action - FTNT
Prnewswire· 2025-10-09 12:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Fortinet, Inc. regarding a class action lawsuit, encouraging those who purchased shares during the specified class period to contact the firm for potential lead plaintiff appointment [1]. Group 1: Allegations and Class Period - The class period for the lawsuit is from November 8, 2024, to August 6, 2025 [1]. - Allegations include that Fortinet made false statements and concealed information regarding the refresh cycle of its products, which was not as lucrative as represented, and that the company lacked a clear understanding of the number of FortiGate firewalls eligible for upgrades [1]. - It is claimed that Fortinet misrepresented the momentum of the refresh cycle, stating it would gain traction over two years, while in reality, the company pushed through approximately half of the refresh in just a few months by the end of Q2 2025 [1]. Group 2: Next Steps for Shareholders - Shareholders are encouraged to register for the class action by November 21, 2025, to participate without any cost or obligation [2]. - Upon registration, shareholders will be enrolled in a portfolio monitoring software to receive updates on the case's status [2]. Group 3: Firm's Mission - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit, fraud, and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions that inflated stock prices [3].
Akamai Technologies To Hold Third Quarter 2025 Investor Conference Call On Thursday, November 6, at 4:30 PM ET
Prnewswire· 2025-10-09 11:01
Core Viewpoint - Akamai Technologies, Inc. will hold a conference call on November 6, 2025, to discuss its third quarter 2025 financial results and may provide forward-looking financial guidance [1]. Group 1: Conference Call Details - The conference call is scheduled for 4:30 p.m. ET on November 6, 2025 [1]. - Live dial-in information and a replay of the call will be available for two weeks after the event [2]. Group 2: Company Overview - Akamai is a leading cybersecurity and cloud computing company that provides solutions to protect and power businesses online [3]. - The company offers market-leading security solutions, superior threat intelligence, and a global operations team to safeguard enterprise data and applications [3]. - Akamai's full-stack cloud computing solutions are designed for performance and affordability on a distributed platform, earning the trust of global enterprises [3].
Mobilicom Debuts Industry-First Secured Autonomy Compute System with Aitech NVIDIA-Based AI Supercomputers
Globenewswire· 2025-10-09 11:00
Core Insights - Mobilicom and Aitech have launched the Secured Autonomy (SA) Compute PRO-AT, a new product that combines cybersecurity software and AI supercomputing to enhance security in the UAS market [1][2][3] Company Overview - Mobilicom is a provider of cybersecure solutions for drones and robotics, focusing on mission-critical applications [11] - Aitech specializes in rugged embedded computing systems and serves major U.S. defense contractors [9] Product Features - The SA Compute PRO-AT integrates Mobilicom's OS3 cybersecurity software with Aitech's NVIDIA-based AI supercomputers, including the A230 Vortex AI GPGPU [2][3] - The product is designed for aerospace, defense, and other mission-critical markets, offering high-performance processing with embedded, defense-grade cybersecurity [3][4] Market Positioning - The launch of the PRO-AT marks a significant milestone for Mobilicom, aiming to set a new benchmark for secure, mission-ready autonomy [4] - The system is tailored for larger and faster drones, particularly those categorized under the U.S. Department of Defense Group 2 and 3 UAS [2] Cybersecurity Capabilities - OS3 software provides continuous monitoring, detection, alarm, and prevention of threats, ensuring regulatory compliance and resilience during missions [6] - The multi-layered architecture of OS3 includes advanced intrusion detection and prevention systems to protect against tampering and unauthorized access [6] Technological Integration - Aitech's NVIDIA-powered autonomous computers support various applications, including AI, deep learning, and real-time surveillance, enhancing decision-making in dynamic environments [7]
Plurilock Provides Corporate Update
Newsfile· 2025-10-09 11:00
Core Insights - Plurilock Security Inc. is focusing on defense momentum and growth in its Critical Services division, aiming to enhance its position in the cybersecurity market [1] Group 1: Corporate Strategy and Developments - Plurilock has established a dedicated capture team to pursue government cybersecurity opportunities in the U.S., Canada, NATO, and allied nations, led by CTO Michael Ruiz [2] - The company added three new Critical Services customers in September and expanded work with two existing clients, marking a strong month for new business pipeline development [4] - Plurilock secured repeat orders from U.S. and Canadian federal agencies, reinforcing its government relationships and supporting organic growth [5] Group 2: Market Context and Opportunities - The U.S. public sector cybersecurity market is resilient, with the FY2026 discretionary budget exceeding US$75 billion, driving modernization initiatives across federal agencies [3] - New mandates from NIST and DHS are accelerating infrastructure transformation, while emerging threats are elevating cybersecurity as a national security priority [3] Group 3: Leadership and Incentives - Plurilock appointed Dr. Chase Cunningham to its Industry Advisory Council, bringing over two decades of experience in cybersecurity [6] - The company granted 600,000 options to employees and consultants, along with 850,000 restricted share units, to reward contributions and encourage future success [7][9] Group 4: Company Overview - Plurilock is an AI-native cybersecurity company that provides services to protect critical infrastructure and systems, trusted by Five-Eyes governments and Global 2000 enterprises [10]
Sixth Straight Year: Akamai Named a Customers' Choice in 2025 Gartner® Peer Insights™ "Voice of the Customer" for Cloud WAAP
Prnewswire· 2025-10-09 10:29
Core Insights - Akamai Technologies has been recognized as a Customers' Choice in the 2025 Gartner® Peer Insights™ "Voice of the Customer" for Cloud Web Application and API Protection (WAAP) for the sixth consecutive year, with 99% of customers indicating they would recommend the solution based on 133 overall reviews as of July 2025 [1][3]. Group 1: Customer Feedback - Customers praised Akamai's App & API Protector for its reliability, stability, and performance, highlighting excellent technical support [3]. - Specific customer testimonials emphasized the product's ease of use, customization options, and exceptional post-sale customer service [3]. Group 2: Industry Context - Gartner defines WAAP as a category of security solutions aimed at protecting web applications and APIs from various types of attacks, regardless of their hosting location [2]. - The "Voice of the Customer" report aggregates peer reviews from verified end users, providing valuable insights for IT decision-makers [2]. Group 3: Company Overview - Akamai is a leading cybersecurity and cloud computing company that offers market-leading security solutions and global operations to safeguard enterprise data and applications [5]. - The company is recognized for its reliability, scale, and expertise, which are essential for businesses looking to grow confidently in the digital landscape [5].
Allot to Present at the LD Micro Main Event Conference on October 21, 2025
Globenewswire· 2025-10-09 09:18
Core Insights - Allot Ltd. will present at the LD Micro Main Event XIX in San Diego, California, from October 19-21, 2025, showcasing its innovative Security-as-a-Service and network intelligence solutions [1][2]. Company Overview - Allot Ltd. is a leading provider of converged cybersecurity solutions and network intelligence for service providers and enterprises globally, enhancing customer value [5]. - The company's solutions are deployed by over 500 mobile, fixed, and cloud service providers, as well as over 1000 enterprises, with its security-as-a-service solution used by millions of subscribers worldwide [5]. Event Details - CEO Eyal Harari will present to investors on October 21 at 3 PM PT and will be available for one-on-one meetings during the conference [2]. - Interested investors can register for the presentation online via LD Micro's webcasting site [2].
The first half of 2025 brought NRD Cyber Security a 45% increase in revenue and a strategic shift towards a cybersecurity-as-a-service model
Globenewswire· 2025-10-09 06:57
Group 1: Financial Performance - NRD Cyber Security's consolidated revenue for the first half of this year increased by 45.3% to EUR 5.3 million compared to the same period in 2024 [1] - Gross profit for the comparable period increased by 30.5% to EUR 2.5 million [1] - EBITDA increased by 58.2% to EUR 0.9 million [1] Group 2: Market Trends and Opportunities - The market is shifting towards a holistic approach to cybersecurity services, moving away from individual services [2] - There is an increasing expectation for cybersecurity-as-a-service, which includes procedures, processes, technology security configurations, and threat detection and prevention [2] - The growth of Security Operations Centres (SOCs) worldwide is expected to create new opportunities for specialized monitoring tools like Natrix, a cybersecurity threat monitoring platform developed by the company's R&D team [2] Group 3: Company Overview - NRD Cyber Security offers cybersecurity solutions, consulting, and services aimed at creating secure digital environments for countries, governments, and businesses [3] - The company is managed by INVL Technology, which is a Nasdaq Vilnius-listed IT investment company [3]
Security Leaders Embrace Zero Trust but Lag on Adopting AI Security Tools, DXC and Microsoft Research Finds
Prnewswire· 2025-10-09 04:01
Core Insights - The report indicates that 83% of organizations adopting Zero Trust have successfully reduced security incidents, highlighting its effectiveness in enhancing cybersecurity [2][4] - Despite the rise in cyber threats, only 30% of organizations are utilizing AI-driven authentication tools, indicating a significant opportunity for improvement in security practices [2][4] - The Zero Trust model is increasingly recognized as essential for organizations to navigate the evolving threat landscape, particularly with the rise of AI-driven attacks [2][3] Adoption and Implementation - 66% of organizations cite legacy systems as the biggest challenge to Zero Trust adoption, emphasizing the need for modernization [7] - 72% of enterprises indicate that new threats are the primary driver for continuously improving their Zero Trust policies and practices [7] - The report suggests that Zero Trust is an ongoing journey requiring cultural change, continuous monitoring, and strong partnerships [4] Strategic Partnerships and Tools - Most enterprises rely on Microsoft Entra ID and Microsoft 365 as the backbone of their IT environments, which can enhance the integration of Zero Trust solutions [4] - Organizations are encouraged to take a phased approach to Zero Trust, starting with identity management and leveraging trusted partners for integration and optimization [4][3] - More than 50% of organizations have discovered unexpected value in Zero Trust's ability to improve user experience alongside security [7]