Cybersecurity
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Hub Cyber Security Appoints Shlomo Bibas as an Independent Member of the Board of Directors
Newsfilter· 2025-04-16 15:21
Core Viewpoint - HUB Cyber Security Ltd. has appointed Shlomo Bibas as an Independent Member of its Board of Directors, emphasizing the company's commitment to enhancing corporate governance and board-level expertise as it pursues global expansion [1][2][4] Company Overview - HUB Cyber Security Ltd. specializes in advanced cybersecurity solutions, protecting sensitive commercial and government information with offerings that include encrypted computing technologies and data theft prevention solutions [5] Appointment Details - Shlomo Bibas brings over 20 years of leadership experience in technology, cybersecurity, and corporate governance, with a strong track record in strategic growth and operational efficiency [2][3] - His previous roles include Senior Vice President of Operations and Chief Technology Officer at Woodbridge Group, and Chief Information Officer at Celestica, a company with over $9 billion in annual revenues [3] Strategic Importance - The appointment of Mr. Bibas is seen as pivotal for HUB as it accelerates its global market expansion, leveraging his extensive experience in scaling technology operations and navigating complex regulatory environments [4]
Fortinet Releases its 2024 Sustainability Report
Newsfilter· 2025-04-16 13:00
SUNNYVALE, Calif., April 16, 2025 (GLOBE NEWSWIRE) -- News Summary Driving innovation and responsible technology to secure the digital world: With nearly 1,400 patents issued and more than 450 pending, Fortinet continues to pioneer AI-powered security solutions, collaborating with organizations such as University of California (UC) Berkeley, the World Economic Forum, and the Cybersecurity and Infrastructure Security Agency (CISA) to advance AI use in cybersecurity. In 2024, Fortinet also became one of the e ...
Arqit appoints new Chief Technology Officer to drive innovation and growth
Newsfilter· 2025-04-16 13:00
Core Viewpoint - Arqit Quantum Inc. has appointed Jonathan Nguyen-Duy as Chief Technology Officer, bringing extensive cybersecurity experience to enhance the company's quantum-safe encryption solutions [1][4]. Company Overview - Arqit Quantum Inc. specializes in quantum-safe encryption, providing a unique encryption software service that secures communications links for networked devices, cloud machines, and data at rest against current and future cyber threats, including those posed by quantum computers [1][4]. - The company's encryption solutions are compatible with NSA CSfC components and meet specific security requirements, allowing for the creation of computationally secure encryption keys locally on endpoint devices [4]. Leadership and Experience - Jonathan Nguyen-Duy has a strong background in cybersecurity, having held senior technical leadership roles at Intel and Fortinet, and served as Security CTO at Verizon, where he led strategic partnerships and the Cyber Intelligence Center [2][3]. - His expertise in developing advanced security solutions will be crucial for Arqit as it aims to scale its encryption technologies and address evolving cyber threats [2][4]. Recognition and Awards - Arqit has received multiple accolades, including two GSMA Global Mobile Awards for Best Mobile Security Solution and Outstanding Mobile Technology, as well as recognition at the Institution of Engineering and Technology Awards and the National Cyber Awards [4].
Direxion's Palo Alto Networks-Centric Bull And Bear ETFs — Primed For The Digital Battleground?
Benzinga· 2025-04-16 12:08
Industry Overview - The cybersecurity market is increasingly relevant and holds significant potential for growth, driven by the need to protect the modern economy [1] - The global cybersecurity market size was valued at $245.62 billion last year, with projections indicating it could reach $500.7 billion by 2030, reflecting a compound annual growth rate (CAGR) of 12.9% [2] Market Drivers - Key factors driving demand in the cybersecurity sector include the proliferation of e-commerce platforms, the emergence of smart devices, and the deployment of cloud technologies [2] - Companies are prioritizing cybersecurity investments, as the consequences of poor digital security can be catastrophic, even during economic downturns [3] Company Spotlight - Palo Alto Networks Inc (PANW) is highlighted as a leading player in the cybersecurity space, with its next-generation security offerings growing at an annual rate of 30% [4] - Despite external economic pressures, including tariffs, Palo Alto has adapted by shifting contract manufacturing to Texas, positioning itself to navigate these challenges [5] Investment Opportunities - Investors are considering leveraged products such as Direxion Daily PANW Bull 2X Shares (PALU) and Direxion Daily PANW Bear 1X Shares (PALD) for speculation on PANW stock [7][8] - These ETFs provide a simpler way for retail traders to gain exposure to PANW stock, either through leveraged long positions or shorting [9] Performance Insights - The PALU ETF has shown potential bullish patterns, bouncing off the high $15 level, while the PALD ETF may face downside risks based on its price action [11][13]
SealingTech Advances Customers' Missions with Next-Gen Defensive Cyber Solutions
Prnewswire· 2025-04-15 11:30
Core Insights - Sealing Technologies, a subsidiary of Parsons Corporation, has launched two new edge computing nodes, the GN 7100 and GN 9000, aimed at enhancing operational effectiveness for U.S. national security missions [1][6] Product Features - The GN 7100 utilizes PCIe Gen 5 and AMD's latest 9000 EPYC series, providing faster processing speeds and is designed for AI and machine learning applications, enhancing defense capabilities for cyber protection teams [2] - The GN 9000 features two GPUs for maximum resource pooling, delivering 188GB of HBM3 memory to support demanding AI models at the edge, while also maximizing operational effectiveness and storage capacity [3] Strategic Importance - Both products are designed with flexibility and scalability to meet current and future needs of warfighters, providing AI/ML edge computing capabilities that were previously limited to datacenters [4] - Sealing Technologies emphasizes its commitment to developing purpose-built defensive cyber solutions, aiming to deliver increased capability, storage, agility, and value to its customers [4]
Varonis at RSAC 2025: Automating Data Security for the AI Era
Globenewswire· 2025-04-14 13:10
Core Insights - Varonis Systems, Inc. is a leader in data security and will participate as a Platinum Plus Sponsor at the RSA Conference 2025 from April 28 to May 1 in San Francisco [1][6] Event Highlights - Varonis will present a mainstage keynote titled "From Gamer to Leader: How to Build Resilient Cyber Teams" on April 30, focusing on using gaming principles to develop resilient cyber teams [3] - An expert session on "Modernizing DLP for Today's Threat Landscape" will be held on April 29, addressing the challenges of traditional DLP methods in the context of AI and data growth [3][4] - Varonis will showcase its cloud-native Data Security Platform at booth 5658, emphasizing its capabilities in reducing data risk and enhancing compliance with privacy regulations [4][6] Company Overview - Varonis specializes in data security, utilizing a cloud-native platform that continuously discovers and classifies critical data, removes exposures, and detects advanced threats through AI-powered automation [6][7] - The company supports thousands of organizations globally, providing solutions for data security posture management, data classification, data access governance, data detection and response, data loss prevention, AI security, and insider risk management [7]
Should You Forget Apple and Buy These 2 Tech Stocks Instead?
The Motley Fool· 2025-04-12 11:00
VeriSign and Palo Alto Networks face fewer headwinds than the iPhone maker.Apple (AAPL 3.95%) is often considered a reliable blue chip tech stock. But since the beginning of 2025, its stock has sunk nearly 30% amid fears of higher tariffs. Apple generates most of its revenue from its iPhones, iPads, and Macs, and most of those hardware products are manufactured in Asia.The Trump administration's "Liberation Day" tariffs against its production hubs in China, India, and Vietnam will drive up its manufacturing ...
CrowdStrike: Leading The AI Cyber Arms Race
Seeking Alpha· 2025-04-11 18:50
Group 1 - The article discusses the positive implications of AI agents on workforce productivity across various industries, highlighting early-stage AI tools like OpenAI's Deep [1] - It emphasizes the significant productivity gains that companies are experiencing due to the implementation of AI technologies [1] - The author mentions their expertise in AI and machine learning, indicating a growing trend of professionals enhancing their skills in these areas to leverage AI advancements [1] Group 2 - The article does not provide any specific financial data or performance metrics related to companies or industries [2]
Stock Market Turmoil: Here Are My Top 10 Stocks to Buy Now
The Motley Fool· 2025-04-11 10:00
Market Overview - The stock market experienced a rapid sell-off, leading to perceptions of a crash due to President Trump's tariff announcements [1] - Stocks initially recovered after Trump announced tariff relief for all countries except China, but continued to decline [1][2] Tariff Impact - The prevailing market sentiment suggests that tariffs will have a negative effect on the market [2] - Short-term effects of tariffs are acknowledged, but long-term impacts are expected to diminish over time [3] Investment Strategy - A shift in mindset from short-term fears to long-term optimism is recommended, allowing for the purchase of undervalued stocks [4] - Ten companies are highlighted as strong investment opportunities, expected to perform better in five years [4] Chip Manufacturers - Taiwan Semiconductor Manufacturing (TSM) is the leading contract chip producer, with AI-related chip revenue projected to grow at a 45% compound annual rate over the next five years [5] - ASML Holding is the sole provider of extreme ultraviolet lithography machines essential for chip production, indicating strong future demand for its technology [6] AI Hardware - Nvidia and Broadcom are positioned well in the AI market, with significant growth anticipated due to increased capital expenditures in data centers [7] - Both companies have seen stock price declines, presenting buying opportunities despite their critical roles in AI [8] AI Hyperscalers - Amazon, Meta Platforms, and Alphabet are major investors in AI, expected to see substantial returns on their investments in the coming years [11] - These companies have experienced significant stock price drops, making them attractive investment options [12] International Exposure - MercadoLibre operates in Latin America and has become a leading fintech and e-commerce company, yet its stock has declined alongside the broader market [14][15] Other Notable Stocks - The Trade Desk has faced a significant stock price drop due to missed revenue guidance, presenting a buying opportunity as it leads in advertising services [16][17] - CrowdStrike, a cybersecurity provider, is expected to maintain its revenue despite potential growth challenges, making it a strong investment in a critical industry [18][19] Conclusion - A long-term investment perspective reveals numerous attractive buying opportunities in the current market [20]
CrowdStrike: Missed The Train, Waiting For Another Dip
Seeking Alpha· 2025-04-10 10:31
Group 1 - Seeking Alpha welcomes Trading Key as a new contributing analyst, providing a platform for investment ideas and analysis [1] - Trading Key is a professional financial website with a team of analysts and editors from top universities, specializing in macroeconomics, commodities, currencies, and the U.S. stock market [2] Group 2 - The article emphasizes that the analysts have no current stock or derivative positions in the companies mentioned, ensuring unbiased opinions [3] - Seeking Alpha clarifies that past performance does not guarantee future results and that the views expressed may not reflect the overall stance of the platform [4]