NEW YORK, June 26, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Napco Security Technologies, Inc. (NASDAQ: NSSC) on behalf of long-term stockholders following a class action complaint that was filed against NAPCO on April 25, 2025 with a Class Period from February 5, 2024, to February 3, 2025. Our investigation concerns whether the board of directors of NAPCO have breached their fiduciary duties to the co ...

Core Insights - Fortinet is enhancing its enterprise cybersecurity position through a unified Secure Access Service Edge (SASE) strategy, integrating next-generation firewall, SD-WAN, secure web gateway, and Data Loss Prevention (DLP) into a single operating system, FortiOS [1] - The company is experiencing strong momentum, with unified SASE billings growing 18% year over year, representing 25% of total billings [3] - Fortinet's share price has gained 9.8% year-to-date, underperforming the Zacks Security industry's growth of 23.8% [9] Company Developments - Fortinet's SASE journey typically begins with FortiGate firewalls, expanding to SD-WAN and FortiSASE, with 73% of large enterprises expected to adopt SD-WAN by Q1 2025, and FortiSASE penetration rising to 11% [2] - The company is strengthening its SASE architecture with cloud-native solutions to secure hybrid and multi-cloud environments, including updates to FortiCNAPP and new services like FortiAppSec Cloud [4] - Enhancements to FortiMail and FortiDLP are expanding protection to browsers and collaboration apps, which are crucial for SASE [5] Competitive Landscape - The cybersecurity market is highly competitive, with key rivals including Palo Alto Networks, Zscaler, and CrowdStrike [6] - Competitors are driving growth through strategic partnerships and acquisitions, highlighting the intense competition Fortinet faces [7][8] Financial Performance - Fortinet's valuation is a concern, with a Price/Book ratio of approximately 40.40, significantly above the industry's 24.95 [15] - For Q2 2025, Fortinet expects revenues between $1.59 billion and $1.65 billion, indicating a growth of 13% at the midpoint, with non-GAAP earnings per share projected between 58-60 cents [18] - The Zacks Consensus Estimate for Q2 2025 revenues is $1.62 billion, suggesting a year-over-year growth of 12.94% [19] Investor Sentiment - Despite strong SASE growth and new cloud-based offerings, tough competition and cautious guidance suggest limited short-term gains for Fortinet's stock [22] - The company has consistently beaten earnings estimates, with an average surprise of 23.83% over the trailing four quarters [21]

Group 1 - Kratos Defense and Security Solutions Inc announced a sale of $500 million in stock, leading to a 2.6% decline in shares to $41.25 [1] - The stock has fallen from a recent high of $46.52 on June 23, marking a 19-year peak, while year-to-date performance shows a 49.5% increase [1] - Stifel maintained a "buy" rating, indicating confidence in Kratos' potential for growth through incremental investments [1] Group 2 - Options trading for Kratos stock has increased significantly, with 4,893 calls and 1,839 puts exchanged, tripling the average volume [2] - The most popular options are the July 42.50 call and the July 40 put, with new positions being opened for both [2] Group 3 - Short interest in Kratos stock is at 6.4% of its available float, indicating a notable level of bearish sentiment [3] - It would take more than three days for short sellers to cover their positions based on the average trading pace of Kratos [3]

Core Insights - Zscaler is expanding its Zero Trust Exchange with a new initiative called Zero Trust Everywhere, which extends Zero Trust security to Cloud workloads and Branches [1] Company Performance - In Q3 of fiscal 2025, Zscaler reported over 210 Zero Trust Everywhere enterprises, marking a sequential growth of 60% [2] - 59% of Zero Trust Branch buyers were new logo customers, indicating strong early demand [2] - Zscaler aims to exceed 390 customers by the end of fiscal 2026 [2] - The company launched Unified Appliance for Branch in Q3, simplifying branch infrastructure and eliminating the need for SD-WAN, Firewall, NAC, and legacy segmentation [2] Product Development - Zscaler secured a seven-figure annual contract with a financial services customer for Cloud workload protection [3] - New product launches include Zero Trust Gateway for Cloud Workloads, a cloud-native service on AWS that secures workload communications in under 10 minutes [3] - Zscaler introduced Microsegmentation for Cloud Workloads, providing granular host and process-level segmentation policies using AI-driven technology [4] Market Position - If adoption continues at this pace, Zero Trust Everywhere could become a foundational layer for Zscaler's future growth [5] - Zscaler's shares have surged 73% year to date, outperforming the Security industry's growth of 22.7% [9] Valuation and Earnings Estimates - Zscaler trades at a forward price-to-sales ratio of 15.34X, slightly above the industry average of 14.79X [12] - The Zacks Consensus Estimate for fiscal 2025 earnings implies a year-over-year decline of 0.31%, while fiscal 2026 earnings are expected to grow by 12.01% [15]

Quantum eMotion Announces Successful Completion of Quantum Simulation Project Evaluating Sentry-Q Cryptographic ArchitectureJune 26, 2025 10:11 AM EDT | Source: Quantum eMotion Corp.Montreal, Quebec--(Newsfile Corp. - June 26, 2025) - Quantum eMotion Corp. (TSXV: QNC) (OTCQB: QNCCF) (FSE: 34Q0) ("QeM" or the "Company"), a developer of quantum-secure technologies, announces the completion of an internal quantum simulation project assessing aspects of its cryptographic architecture.The benchmark ...

Core Insights - Vicon Industries' NEXT Modular Sensor System has received multiple industry awards, indicating strong market reception and early traction in the security industry [1][2][4] Product Recognition - NEXT was awarded the Innovation Award in the Video Surveillance category and was the Runner-Up for Best in Show at the Electronic Security Expo (ESX), highlighting its innovative features [2] - Campus Security Today recognized NEXT with the Secure Campus Award, emphasizing its adoption in the education sector and its quick deployment capabilities [3] Strategic Importance - The success of NEXT represents a significant turning point for Vicon, showcasing its transformation into a future-ready platform that meets the needs of commercial, municipal, and educational customers [5][6] - The accolades received by NEXT are seen as a validation of Vicon's strategic focus on innovation and its ability to solve real-world problems for end users [5][6] Market Positioning - Vicon is positioned to capture market share as institutions modernize their legacy infrastructure, driven by the demand for AI-enhanced and easy-to-deploy security solutions [6] - The recognition from industry experts and the education sector indicates Vicon's capability to succeed in high-urgency markets with stringent procurement standards [8] Future Outlook - NEXT is viewed as the beginning of a multi-year product roadmap aimed at developing advanced security solutions, reflecting Vicon's commitment to long-term growth [7]

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].

Core Insights - Scope Technologies Corp. is set to present at DEF CON 33 in Las Vegas, focusing on the implications of quantum computing on cybersecurity [1][5] - The presentation will cover how quantum algorithms are enhancing malware capabilities, posing new threats to current cryptographic systems [2][3] Company Overview - Scope Technologies specializes in quantum security and machine learning, offering solutions in data security and quantum encryption [6] - The company’s flagship platform, QSE, integrates decentralized encrypted cloud storage with quantum entropy generation [6] Industry Context - DEF CON is a major global hacker conference that gathers cybersecurity professionals and public-sector leaders to discuss emerging technologies and their impact on digital security [5] - The talk will address various quantum-enhanced cyber threats, including session hijacking, password cracking, AI poisoning, and smart contract exploitation [2][7] Key Presentation Topics - Quantum Malware: Discussing malware that utilizes quantum computing for future decryption [7] - Quantum Man-in-the-Middle Attacks: Real-time session hijacking as traditional security measures are compromised [7] - Quantum Brute-Force Malware: Utilizing Grover's algorithm to significantly reduce password breach times [7] - AI Model Poisoning: Altering training data to evade AI security measures [7] - Smart Contract and Wallet Hijacking: Exploiting ECDSA key vulnerabilities for crypto theft [7] - Defensive Recommendations: Strategies for security operations centers and vendors to detect emerging quantum threats [7]

Each party to offer Palladyne™AI’s embodied neuro-symbolic artificial intelligence Software bundled with Mobilicom’s OS3 cybersecurity solution Palo Alto, California, and Salt Lake City, Utah, June 26, 2025 (GLOBE NEWSWIRE) -- Mobilicom Limited (Nasdaq: MOB, MOBBW) (“Mobilicom”), a provider of cybersecurity and robust solutions for drones and robotics, and Palladyne AI Corp. (Nasdaq: PDYN) (“Palladyne AI”), a developer of embodied neuro-symbolic artificial intelligence software for robotic platforms and u ...

The tech-laden Nasdaq Composite index is up roughly 3% so far this year as stocks in the technology sector come under pressure from macroeconomic and geopolitical factors. However, certain stocks continue to do well despite the broader market's weakness.Cybersecurity specialist CrowdStrike (CRWD 1.73%) posted respectable gains of 44% so far in 2025, far outpacing the tech-laden index. Let's see why that has been the case and check if this cybersecurity stock is still worth buying. CrowdStrike showed resilie ...