AUSTIN, Texas, Oct. 20, 2025 /PRNewswire/ -- Halcyon, the leading anti-ransomware solution provider, today announced a new North American distribution partnership with Climb Channel Solutions, an international specialty technology distributor and wholly owned subsidiary of Climb Global Solutions (NASDAQ: CLMB). The partnership expands Halcyon's reach across thousands of value-added resellers (VARs) and managed service providers (MSPs), making it easier for organizations of all sizes to access purpose-built ...

Core Insights - Castellum, Inc. is participating in the 2025 Maxim Growth Summit, scheduled for October 22nd to 23rd at The Hard Rock Hotel NYC, focusing on cybersecurity, electronic warfare, and software engineering services for the federal government [1][4]. Company Participation - Castellum will engage in one-on-one sessions with institutional investors and senior analysts from Maxim during the summit [2]. - The event will feature keynote speakers such as Larry Kudlow and Christopher Ruddy, along with roundtable discussions involving CEOs from various sectors including biotechnology, artificial intelligence, and energy [2]. Event Details - The Maxim Growth Summit aims to explore the latest trends and advancements across multiple industries, providing a platform for networking and discussions among industry leaders and innovators [1][2].

Market Overview - Stock index futures are showing positive movement with S&P 500 futures up by 0.4%, Nasdaq 100 futures up by 0.3%, and Dow futures up by 0.2% as traders prepare for a significant earnings week and the upcoming retail inflation report [2][3] - The Consumer Price Index (CPI) for September is expected to be released on Friday, with a projected monthly increase of 0.42%, which would raise the year-on-year rate to 3.1%, marking the strongest monthly print since January [3] Cybersecurity Incident - State-sponsored hackers, believed to be linked to China, infiltrated the systems of cybersecurity firm F5 Networks (NASDAQ: FFIV) and maintained access for several months before being discovered [4] - The hackers exploited a vulnerability in F5's software, which had been left exposed due to internal security guideline failures, allowing them to download sensitive files, including source code and data on unpatched vulnerabilities [5] - F5 has engaged cybersecurity firms like CrowdStrike and Mandiant to assist in the investigation, while U.S. and U.K. authorities have issued alerts for organizations to update F5 products by October 22 [6] Impact of Cybersecurity Breach - Following the breach disclosure, F5's shares fell by more than 10%, indicating a significant market reaction to the incident [5] - F5 reported that only a small number of customers were affected and there were no signs of active exploitation of its source code [7] Amazon Web Services Outage - Amazon Web Services (AWS) is experiencing a major outage affecting various applications and online games, with increased error rates reported in the US-EAST-1 Region [7][8] - The outage has impacted notable platforms including Snapchat, McDonald's, Roblox, and Fortnite, leading to a spike in user complaints [9] Market Movements - The FTSE 100 index is up by 0.4% and the DAX is up by 1.1%, reflecting positive market sentiment [10] - Plug Power (NASDAQ: PLUG) shares rose by 9% after TD Cowen raised its price target from $3.00 to $4.50 while maintaining a Buy rating [10]

A more than year-long digital intrusion into cybersecurity company F5 , publicized last week and blamed on Chinese spies, has defenders across the industry hunting for signs of compromise among the ma... ...

The state-backed hackers who breached cybersecurity company F5 Inc. broke in beginning in late 2023 and lurked in the company’s systems until being discovered in August of this year, according to people who were briefed by F5 about the incident.The attackers penetrated F5’s computer systems by exploiting software from the company that had been left vulnerable and exposed to the internet, according to the people. F5 told customers that the hackers were able to break in after the firm’s staff failed to follow ...

RT Jake Bleiberg (@JZBleiberg)New: The state-backed hackers who breached cybersecurity company F5 Inc. broke in beginning in late 2023 and lurked in the company’s systems until being discovered in August of this year, according to people who were briefed by F5 about the incident.https://t.co/O61CkExC6q ...

Core Insights - Range Financial Group LLC has fully exited its position in Fortinet, liquidating 29,944 shares for an estimated $3.2 million, which previously accounted for 1.2% of the fund's assets under management (AUM) [1][2]. Company Overview - Fortinet, Inc. is a global provider of integrated cybersecurity solutions, offering a broad product portfolio and scalable security infrastructure [4]. - The company serves a diverse customer base across various sectors, including telecommunications, technology, government, financial services, education, retail, manufacturing, and healthcare [4]. - Fortinet generates revenue primarily through hardware and software sales, security subscriptions, technical support, and professional services [5]. Financial Performance - As of October 17, 2025, Fortinet's market capitalization is $63.94 billion, with a trailing twelve months (TTM) revenue of $6.34 billion and a net income of $1.94 billion [3]. - The company's share price closed at $83.44 on October 17, 2025, reflecting a 3.2% increase over the past year, although it underperformed the S&P 500's total return by 12.4 percentage points [2]. Recent Developments - Fortinet reported a 14% revenue increase to over $1.6 billion, exceeding management's quarterly guidance, and adjusted diluted earnings per share of $0.64, which also surpassed budgeted figures [8]. - Despite the positive revenue growth, concerns arose regarding the completion of 40% to 50% of its planned firewall upgrade cycle, leading to fears of limited future revenue growth as many customers may have already upgraded [9]. - Following the second-quarter earnings release on August 6, 2025, Fortinet's share price dropped nearly 22% the next day, prompting several analysts to downgrade their ratings [7][9].

Core Insights - Rubrik is characterized as a misunderstood company, which may pose challenges for some investors to comprehend its business model and potential [1] Company Overview - The company was co-founded by Bipul Sinha, who currently serves as the CEO [1] Leadership Background - Bipul Sinha has a diverse background, having been a Merchant Seaman for over 30 years and developing a strong interest in investing over the last 15 years [1] - Sinha's engineering background influences his inclination towards technology stocks [1]

Group 1 - Walmart received a significant boost from AI advancements, positioning it as a strong stock in the current volatile market [1] - FTAI Aviation, Cloudflare, Alnylam Pharmaceuticals, and Guardant Health are highlighted as stocks to watch this week [1] - The market is experiencing choppy conditions with notable intraday swings, indicating increased volatility [1] Group 2 - Walmart offers a dividend yield of 0.84%, which can be enhanced through long-term covered call strategies [2]

Core Insights - The threat from state-related activists and hackers is significant, with strong motivations driving these attacks, particularly from groups like Silk Typhoon [1] - The U.S. cybersecurity agency issued an emergency directive due to the widespread use of EF5 among major corporations and federal agencies [2] - Thousands of devices are suspected to be compromised, with nation-state attackers exploiting vulnerabilities in source code that should not have been accessible to them [3] Cybersecurity Landscape - Attackers can remain undetected for extended periods, often utilizing remote management devices and zero-day vulnerabilities, making it difficult to trace their initial entry points [4][5] - The lack of effective detection and response mechanisms in network devices contributes to the challenge of identifying malicious activities [5] - The cybersecurity industry faces pressure to improve, as consumers expect built-in security rather than additional costs for cybersecurity solutions [8] AI in Cybersecurity - The emergence of AI-native cybersecurity solutions is critical, as attackers are increasingly using AI to enhance their methods [10][13] - Companies like Isle focus on identifying and remediating significant vulnerabilities quickly, moving beyond traditional static approaches to address modern threats [11][14] - The need for companies to manage their software vulnerabilities effectively is emphasized, as many face substantial backlogs of unresolved issues [16]