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VirnetX Awarded Coveted GSA Schedule Contract
Businesswire· 2025-10-16 21:15
ZEPHYR COVE, Nev.--(BUSINESS WIRE)--VirnetX Holding Corporation (Nasdaq: VHC), a global leader in secure communications and zero-trust cybersecurity solutions, today announced that it has been officially awarded a General Services Administration Multiple Award Schedule contract (the "GSA Schedule†). This designation makes VirnetX an approved technology provider for federal, state, and local government agencies seeking mission-critical cybersecurity, secure communications, and digital-engineerin. ...
KeyBanc Keeps Sector Weight Rating on Palo Alto Networks (PANW)
Yahoo Finance· 2025-10-16 20:19
Group 1 - Palo Alto Networks, Inc. (NASDAQ:PANW) is recommended as a stock to buy by Ray Dalio's Bridgewater Associates, indicating positive sentiment from influential investors [1] - KeyBanc Capital Markets maintained a "Sector Weight" rating on Palo Alto Networks after reviewing the company's operations, emphasizing the advantages of its multi-platform security solutions and operational workflow [1][2] - The analysts highlighted the simplicity and efficiency brought by consolidating security platforms, with a focus on automation and AI as strong future opportunities for operational improvements in security management [2] Group 2 - Palo Alto Networks is recognized as a global cybersecurity company providing next-generation firewall appliances, cloud security, and AI-driven threat intelligence through platforms like Prisma Cloud and Cortex [3] - The company offers subscription services for threat prevention, malware protection, and secure access across hybrid and multi-cloud environments, showcasing its comprehensive security solutions [3] - Despite the potential of Palo Alto Networks as an investment, some analysts believe that certain AI stocks may offer greater upside potential and carry less downside risk [4]
Fortinet (FTNT) Expands Partnership with Armis to Strengthen Cyber Defenses
Yahoo Finance· 2025-10-16 20:19
Core Insights - Fortinet, Inc. (NASDAQ:FTNT) is recognized as a stock to buy by billionaire Ray Dalio's Bridgewater Associates [1] - The company has expanded its partnership with Armis to integrate Armis Centrix into the Fortinet Security Fabric, aiming to enhance asset visibility and security operations [1][2] Group 1: Partnership and Integration - The extended collaboration with Armis will provide unified asset visibility, management, and automated policy enforcement [1] - Armis' technology offers deep contextual insights into network-connected assets, allowing Fortinet to provide targeted security recommendations [2] - The integration supports real-time risk assessment and faster incident response, addressing the complexity in cybersecurity tools [2][3] Group 2: Product Offerings - Fortinet develops and sells network security appliances, endpoint protection, and cloud-based security solutions, with key products including FortiGate firewalls [3] - The partnership enhances Fortinet's core security offerings, which now include monitoring for over 6.5 billion devices across various sectors [3]
Scorecard: Machine Learning To Identify Probable Cyber Threats
Medium· 2025-10-16 19:18
Scorecard: Machine Learning To Identify Probable Cyber ThreatsJude Canady10 min read·Just nowJust now--Press enter or click to view image in full sizeBy James Riddick and John O’BoyleIntroductionIn a world of constantly emerging and evolving threats, Advanced Persistent Threats (APTs) are at the forefront of cybersecurity concerns for governments and businesses alike. An APT is a group of highly technical and well-resourced hackers that are, directly or indirectly, sponsored by a nation-state. There are mor ...
F5 shares plunge after disclosing major breach linked to Chinese hackers
Invezz· 2025-10-16 18:49
Core Viewpoint - F5 Inc., a U.S. cybersecurity firm, experienced a significant drop in its stock price, falling over 12% in a single day, the largest decline since April 2022, following the announcement of a major security breach [1] Company Summary - F5 Inc. reported a substantial security breach that has raised concerns among investors and analysts [1] - The company's stock performance reflects market reaction to the breach, indicating potential vulnerabilities in its cybersecurity measures [1] Industry Summary - The incident highlights ongoing challenges within the cybersecurity industry, where breaches can lead to immediate financial repercussions for companies involved [1] - The market's response to F5 Inc.'s breach may influence investor sentiment towards other cybersecurity firms, emphasizing the importance of robust security protocols [1]
HCLTech and Zscaler Expand Partnership for AI-Powered Security and Network Transformation
Businesswire· 2025-10-16 18:13
Core Insights - HCLTech and Zscaler are expanding their partnership to enhance AI-powered security and network transformation solutions [1] Company Developments - The partnership aims to leverage AI technologies to improve security measures and network efficiency [1] - HCLTech and Zscaler will collaborate on developing innovative solutions that address the evolving cybersecurity landscape [1] Industry Trends - The expansion of AI in security and network transformation reflects a growing trend in the industry towards integrating advanced technologies for better protection and performance [1] - Companies are increasingly recognizing the importance of AI-driven solutions to combat sophisticated cyber threats [1]
Cybersecurity firm F5's stock sinks 12% after disclosing nation-state hack
CNBC· 2025-10-16 17:59
Core Viewpoint - F5, a U.S. cybersecurity company, experienced a 12% drop in stock price following the disclosure of a significant system breach attributed to state-backed hackers from China [1][2]. Group 1: Incident Details - The breach was revealed in a Securities and Exchange Commission filing, indicating that the attack affected the BIG-IP product development environment [2]. - The attacker gained access to files containing some source code and information on "undisclosed vulnerabilities" in the BIG-IP product [2]. - F5 became aware of the attack in August but reported no evidence of new unauthorized activity since then [3]. Group 2: Market Reaction - Following the breach disclosure, F5 shares were on track for their worst day since April 27, 2022, when the stock fell by 12.8% [1].
Krown Technologies & Quantum eMotion Light Up Times Square with Joint Marketing Launch for Qastle
Newsfile· 2025-10-16 17:41
Core Insights - Krown Technologies and Quantum eMotion have launched a joint marketing campaign for Qastle, the world's first quantum-secured hot wallet, prominently featured in Times Square [1][6] - The campaign aims to enhance global awareness of Qastle and position both companies as leaders in quantum-safe blockchain solutions [6] Marketing Campaign Details - The campaign will commence on October 26, 2025, utilizing a high-definition LED jumbotron at 1500 Broadway, New York City, ensuring significant visibility [3][4] - The display measures 56 feet wide by 29 feet high, covering 1,624 square feet, and will air Qastle's advertisement for 20 hours daily over a 92-day period, totaling at least 7,360 airings [4][5] Strategic Timing - The marketing run strategically coincides with major holiday events, including Veterans Day, Macy's Thanksgiving Day Parade, Christmas, and the New Year's Eve Ball Drop, maximizing audience reach during peak traffic times [5][6] Company Background - Krown Technologies is known for developing the Camelot Ecosystem, a comprehensive blockchain ecosystem integrating over 30 utilities across various sectors, including decentralized finance and quantum-secured services [7] - Quantum eMotion focuses on quantum-safe cybersecurity solutions, leveraging its patented Quantum Random Number Generator (QRNG2) technology for enhanced encryption and security applications [8]
X @Forbes
Forbes· 2025-10-16 16:30
How This Israeli Hacker Bootstrapped Her AI Cyber Company To Profitability https://t.co/ULmUXhqTOu ...
Cycurion Announces Five New Contracts Totaling $1 Million, Expanding into Commercial Sectors
Globenewswire· 2025-10-16 12:45
Core Insights - Cycurion has successfully closed five new contracts in September, totaling approximately $1 million, which is expected to generate an additional $75,000 in monthly recurring revenue, enhancing the company's growth trajectory [1][2][3] Group 1: Company Strategy and Market Position - The new contracts include four in the healthcare and pharmaceutical sectors, leveraging Cycurion's established relationship with NACCHO to secure these deals [2] - The CEO of Cycurion emphasized the company's strategy to expand into commercial and non-government sectors, validating their approach and positioning for sustained revenue growth [3] - Cycurion's Cyber Shield products provide advanced threat detection, encryption, and compliance features, showcasing versatility and market demand beyond traditional government clients [3] Group 2: Future Plans and Commitment - Cycurion remains committed to innovation and client success, with plans to announce further expansions in the coming quarters [4]