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PurpleRidge Launches Automated AWS Account Audit to Stop "8-Minute" AI-Assisted Cloud Attacks
Businesswire· 2026-02-17 11:02
SANTA CLARA, Calif.--(BUSINESS WIRE)-- #AIinSecurity--PurpleRidge (powered by RidgeBot® from Ridge Security) today announced the launch of its Automated AWS Account Audit, a direct response to recent security research showing attackers can compromise a cloud environment in as little as eight minutes. As hackers increasingly use LLMs to scan for exposed credentials in public S3 buckets, PurpleRidge moves beyond basic checklists to identify "Combined Risk Stories." The platform reveals how isolated weaknesses ...
Palo Alto Networks Introduces MSIAM 2.0 with the Industry's Most Comprehensive Breach Response Guarantee
Prnewswire· 2026-02-17 11:00
Palo Alto Networks Introduces MSIAM 2.0 with the Industry's Most Comprehensive Breach Response Guarantee [Accessibility Statement] Skip NavigationCloses the gap between attack speed and cyber resilience by combining24/7 elite experts with a market-leading AI-driven SOC platformSANTA CLARA, Calif., Feb. 17, 2026 /PRNewswire/ -- As AI accelerates the speed of business, adversaries have followed, compressing attacks that once took [weeks into minutes]. Palo Alto Networks (NASDAQ: PANW), the global leader in cy ...
Unit 42 Report: AI and Attack Surface Complexity Fuel Majority of Breaches
Prnewswire· 2026-02-17 11:00
Core Insights - The Unit 42 2026 Global Incident Response Report highlights that AI, attack surface complexity, and identity weaknesses are primary drivers of cyber breaches, with adversaries leveraging AI to accelerate attack speeds by 4x over the past year [1] Group 1: Attack Trends - Attacks involving third-party SaaS applications have surged 3.8x since 2022, now accounting for 23% of all attacks as threat actors exploit OAuth tokens and API keys for lateral movement [1] - 48% of attacks involve the browser, indicating that routine web sessions are weaponized to harvest credentials and bypass local controls [1] - 65% of initial access is driven by identity-based techniques, such as social engineering and credential misuse, while vulnerabilities account for initial access in 22% of all attacks [1] Group 2: Attack Complexity - 87% of attacks span two or more attack surfaces, blending activities across endpoints, cloud, SaaS platforms, and identity systems, with Unit 42 tracking activity across as many as 10 different fronts simultaneously [1] - The time from initial access to data exfiltration has plummeted to just 72 minutes in the fastest attacks, representing a 4x increase in speed over the past year [1] Group 3: Recommendations for Defense - To counter the increasing complexity of attacks, organizations are advised to adopt a unified platform approach that eliminates implicit trust and continuously verifies every interaction [1] - It is recommended to use secure browser technology and active exposure management to protect the modern workspace and unmanaged devices [1] - Centralizing the management of human, machine, and agentic identities is crucial to close governance gaps and stop credential-based exploits [1]
Scotiabank Lowers its Price Target on Rapid7, Inc. (RPD) to $9 and Maintains a Sector Perform Rating
Yahoo Finance· 2026-02-17 10:07
Core Insights - Rapid7, Inc. (NASDAQ:RPD) is recognized as one of the 15 Best Small Cap Stocks to Buy according to Wall Street [1] - Analysts have lowered their price targets for Rapid7 following mixed fourth-quarter results and cautious guidance for 2026 [2][3] Financial Performance - Rapid7 reported fourth-quarter revenue of $217 million, slightly exceeding the consensus estimate of $215.17 million [4] - The company guided fiscal 2026 revenue to a range of $835 million to $843 million, which is below the consensus estimate of $869.95 million [4] Analyst Ratings and Price Targets - Scotiabank analyst Patrick Colville reduced the price target for Rapid7 to $9 from $18 while maintaining a Sector Perform rating [2] - Truist lowered its price target to $8 from $14 and kept a Hold rating, describing the fourth-quarter results as mixed [3] - UBS downgraded Rapid7 to Neutral from Buy and cut its price target to $9 from $25, citing a "disappointing" fourth-quarter report and a projected 2% year-over-year revenue decline for 2026 [3] Strategic Focus - CEO Corey Thomas indicated that the company plans to focus on innovation and execution in 2026, leveraging its AI security operations approach [4] - Organizational changes and strategic shifts are intended to re-accelerate growth [3]
ITC Secure and IronNet Unite to Form Collective Defence, a New Force in Critical Infrastructure Protection Against Hybrid Warfare
Businesswire· 2026-02-17 08:00
Core Insights - Collective Defence is formed through the merger of ITC Secure and IronNet, focusing on cybersecurity and AI to protect critical infrastructure from hybrid warfare threats [1][2] - The company aims to address the increasing sophistication of state-sponsored cyber threats targeting essential services like energy, telecommunications, and healthcare [1] Group 1: Company Formation and Structure - Collective Defence is headquartered in Luxembourg, with operations in the United States, United Kingdom, and Singapore, leveraging local and global threat intelligence [1] - The merger combines ITC Secure's 30 years of experience in managed security services with IronNet's innovative collective defence technology [1] Group 2: Strategic Partnerships and Technology - In partnership with Microsoft, Collective Defence integrates advanced AI capabilities into its cybersecurity operations, enhancing threat detection and response [1] - The company utilizes Microsoft Security Copilot to improve analyst productivity and accelerate incident response times [1] Group 3: Addressing Hybrid Warfare - Collective Defence employs a collective defence model that allows for anonymized threat data sharing among participants, enhancing overall security [1] - The approach aims to mirror traditional military alliances, applying similar principles to the cybersecurity domain [2] Group 4: Capabilities and Services - The company offers a suite of services including managed detection and response, advisory services for critical infrastructure, and hybrid threat intelligence focused on state-sponsored activities [1] - Collective Defence aims to create a network effect where insights from one environment can strengthen the protection of others [1]
The AI-Fueled Cyber Threat Boom Means These Two Stocks Will Win Big
247Wallst· 2026-02-16 17:45
1,538,891+$8.64+6.82%$135.35## Top Losing Stocks[Constellation Brands][STZ]• Vol: 6,064,575-$13.068.04%$149.30[Norwegian Cruise Line][NCLH]• Vol: The AI-Fueled Cyber Threat Boom Means These Two Stocks Will Win Big - 24/7 Wall St.[S&P 5006,844.80 +0.13%][Dow Jones49,552.60 +0.16%][Nasdaq 10024,693.00 -0.11%][Russell 20002,640.50 -0.25%][FTSE 10010,488.40 +0.33%][Nikkei 22556,813.00 -1.26%][Investing]# The AI-Fueled Cyber Threat Boom Means These Two Stocks Will Win Big### Quick ReadZscaler ([ZS]) tracked 989. ...
Futures Edge Higher on Cooling Inflation Hopes as U.S. Markets Observe Presidents’ Day
Stock Market News· 2026-02-16 17:07
Market Overview - U.S. stock futures showed a positive bias during the Presidents' Day holiday, with S&P 500 futures up approximately 0.4% and Dow Jones Industrial Average futures climbing 0.3% [1] - The tech-heavy Nasdaq-100 futures also gained 0.4%, reflecting optimism from the previous trading session [1] Economic Indicators - Headline inflation has cooled to 2.4%, with core inflation dropping to 2.5%, the lowest since early 2021, reinforcing expectations for a potential interest rate cut by the Federal Reserve as early as June [2] - The 10-year U.S. Treasury yield has stabilized near 4.07%, providing a supportive backdrop for equities [2] Major Index Performance - The S&P 500 finished at 6,836.17, up less than 0.1%, while the Dow Jones Industrial Average closed at 49,500.93, adding roughly 48 points [3] - The Nasdaq Composite slipped by 0.2% to 22,546.67, primarily due to a pullback in the semiconductor sector [3] - The Russell 2000 showed significant year-to-date strength, up over 6.6% as investors rotate into small-cap value plays [3] Upcoming Market Events - Palo Alto Networks is set to release its quarterly results on Tuesday, followed by Analog Devices and Booking Holdings on Wednesday [4] - Walmart will report its fourth-quarter and full-year fiscal 2026 earnings on Thursday, with analysts expecting revenue growth of 5.4% [5] - The Federal Reserve will release minutes from its recent policy meeting, along with upcoming U.S. GDP and PCE inflation data, which may signal potential rate cuts [5] Corporate News - Rivian Automotive saw a significant stock increase of over 26% due to analyst upgrades and rumors of expanded electric vehicle partnerships [6] - Coinbase Global surged 16.46% following a completed share buyback tranche and increased crypto-asset volatility [6] - Constellation Brands experienced an 8.04% decline after announcing a leadership transition [7] - Nvidia shares were down 2.2% ahead of its earnings call on February 25th [7] - AppLovin rebounded 6.4% amid discussions on the impact of artificial intelligence on SaaS business models [7]
CSP Q1 Earnings & Revenues Fall Y/Y, Margins Rise on Service Growth
ZACKS· 2026-02-16 17:01
Shares of CSP Inc. (CSPI) have declined 1.8% since reporting results for the first quarter of fiscal 2026. This compares with the S&P 500 index’s 1.5% slip over the same time frame. Over the past month, the stock has lost 15% compared with the S&P 500’s 1.9% fall.CSP reported revenues of $12 million for the fiscal first quarter ended Dec. 31, 2025, down from $15.7 million in the year-ago period. The decline was primarily caused by the absence of several large, one-time product transactions that contributed ...
3 Stock Updates You'll Want to Watch This Week
The Motley Fool· 2026-02-16 16:18
Earnings season comes calling for three popular stocks.Don't let this holiday-shortened trading week lull you into a sense of financial slumber. Earnings season continues, and more than a few stocks will be on the move after their respective companies' latest quarterly numbers come out.A few of the stocks I hope will step up nicely this week include Palo Alto Networks (PANW +2.52%), Booking Holdings (BKNG 0.52%), and Walmart (WMT +0.19%). They have a lot to prove in the next four trading days. Let's take a ...
US Markets Closed for Presidents’ Day as Global Stocks Rally on Cooling Inflation
Stock Market News· 2026-02-16 15:07
Market Overview - The U.S. stock market is closed on February 16, 2026, for Presidents' Day, while global markets show a positive tone with U.S. stock futures indicating optimism [1] - International indexes reacted positively to cooling U.S. inflation data, with Australia's S&P/ASX 200 up 0.22%, India's NIFTY 50 up 0.83%, and European markets also opening higher [2] Futures Market - U.S. futures indicate a positive start for Tuesday, with S&P 500 and Dow Jones Industrial Average futures both rising 0.4%, supported by a CPI report showing headline inflation at 2.4%, the lowest since early 2021 [3] Upcoming Market Events - Investors are preparing for significant economic data and corporate earnings, with the Federal Reserve's January meeting minutes to be released on Wednesday, focusing on potential rate cuts [4] - The Bureau of Economic Analysis will release the advance estimate for Q4 GDP on Friday, with an expected annualized growth rate of 3%, down from 4.4% in Q3 [5] - Key earnings reports include Walmart on Thursday, Palo Alto Networks and Energy Transfer on Tuesday, and Occidental Petroleum and Booking Holdings on Wednesday [6] Major Stock News - Rivian Automotive shares surged over 26% following a new electric vehicle partnership and analyst upgrades, while Constellation Brands' stock fell 8% due to a leadership transition [7] - Nvidia shares dropped 2.2% amid concerns over AI capital expenditures, with other tech giants like Apple, Microsoft, and Google also facing pressure [8] - Coinbase Global shares increased by 16.5% after a strong quarterly update and a significant share buyback program [9] Commodities - Gold prices consolidated above $5,000 per ounce, driven by a softer inflation outlook and a weakening U.S. dollar [9]