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Corero's 2025 Threat Intelligence Report Reveals Strategic Shifts in DDoS Tactics and Rising Operational Strain for Defenders
Prnewswire· 2025-05-07 12:00
Core Insights - Corero Network Security released its 2025 Threat Intelligence Report, highlighting the evolution of DDoS attacks in 2024 and the increasing complexity for defenders [1][6] DDoS Attack Trends - Attackers are shifting from large, disruptive floods to more frequent, evasive, and coordinated attacks, complicating defense strategies [2][3] - The average number of attacks experienced by Corero customers reached 11 per day in 2024, marking a 5% year-over-year increase [3] - Attacks in the 1–5Gbps range have declined from 19.4% in 2019 to 12.4% in 2024, indicating a strategic shift towards either stealthy sub-1Gbps probes or large-scale floods [3][4] Attack Tactics - A growing trend of multi-vector attacks has been observed, where attackers rotate between protocols every 30–60 seconds, forcing defenders to constantly adapt [4] Defense Challenges - Over 50% of surveyed defenders reported difficulties in team coordination, while 68% struggled to demonstrate the ROI of DDoS protection to leadership [5] - Smaller DDoS attacks are increasingly seen as precursors to more significant incidents, necessitating integrated and automated responses [6] Company Overview - Corero Network Security specializes in DDoS protection solutions, offering automatic detection and protection with network visibility and analytics [7]
Cycurion’s W. Eric Singleton to Speak at the Armed Forces Communication and Electronics Association’s TechNet Cyber 2025 on Active Cyber Defense Innovation
Globenewswire· 2025-05-07 12:00
MCLEAN, Va., May 07, 2025 (GLOBE NEWSWIRE) -- Cycurion (Nasdaq: CYCU) ("Cycurion" or the "Company"), a trusted leader in IT cybersecurity solutions and AI, announces that W. Eric Singleton, Vice President of Operations, will be a featured speaker at the Armed Forces Communications and Electronics Association's (AFCEA) TechNet Cyber 2025, one of the premier events for cyber leaders in the Department of Defense, intelligence community, and defense industry. Mr. Singleton's presentation is titled, "ARx: Active ...
Akamai and FPT Partner to Help Customers Build and Support Cloud-Native Applications
Prnewswire· 2025-05-07 10:30
Core Insights - Akamai Technologies has announced a strategic partnership with FPT Corporation to enhance cloud application deployment and optimization on Akamai Cloud [1][2] - The collaboration aims to leverage FPT's expertise in cloud migration, AI, and automation alongside Akamai's robust platform to deliver value to customers [2][3] Company Overview - FPT Corporation operates in 30 countries, with a significant presence in the Americas, employing over 1,000 professionals since entering the region in 2008 [4] - In 2024, FPT's global IT services achieved a 27.4% year-on-year revenue increase, contributing 79% of its total technology revenue and 91% of its pre-tax profit [4] - FPT reported a total revenue of USD 2.47 billion in 2024, with a workforce exceeding 54,000 employees [7] Partnership Details - The partnership will enable organizations to optimize multi-cloud and distributed environments, enhancing performance and cost efficiencies [2][3] - FPT and Akamai demonstrated AI capabilities at the 2025 NAB Show, showcasing how AI can transform media archives into monetizable assets [3] Financial Performance - FPT reported a robust first-quarter performance in 2025, with revenue increasing by 13.9% and profit before tax up 19.4% year-on-year [4] - The technology sector remains a key growth driver for FPT, achieving a 15.3% year-on-year increase, supported by a 17% rise in revenue from global IT services [4]
After Strong Quarter, Radware Announces U.S. Expansion
Globenewswire· 2025-05-07 10:15
Core Insights - Radware is implementing an aggressive growth strategy in the U.S. market, focusing on expanding its cloud services and enhancing its application security solutions [1][2] - The company has reported strong first-quarter financial results, which supports its expansion efforts [1] Leadership and Team Expansion - Radware has appointed new U.S. executives, including Constance Stack as chief growth officer, Randy Wood as senior vice president of North American sales, and Joshua Bafalis as director of acquisition sales [3][4] - The new leadership team is tasked with driving revenue growth and increasing market share in the U.S. [2][8] - The company has filled over 30 new positions across various departments to support its growth initiatives [5] Strategic Partnerships and Technology - Radware has formed a new partnership with SUSE to enhance its Kubernetes Web Application and API Protection (KWAAP) solutions [6] - The collaboration aims to provide a comprehensive security solution for modern application developers [6] AI Innovation - The company has launched AI SOC Xpert, a next-generation cloud service designed to combat AI-driven threats, which significantly reduces the mean time to resolution by up to 95% [7] - This service is part of Radware's EPIC-AI™ platform, enhancing its capabilities in threat detection and response [7] Market Positioning - Radware's leadership emphasizes the company's unique ability to provide both on-premises and cloud solutions, addressing the needs of enterprises transitioning to the cloud [8] - The executives express confidence in Radware's technology and its potential to outperform competitors in the application security market [8]
Radware Reports First Quarter 2025 Financial Results
Globenewswire· 2025-05-07 10:00
First Quarter 2025 Financial Results and Highlights Revenue of $72.1 million, an increase of 11% year-over-yearCloud ARR of $80 million, an increase of 19% year-over-yearNon-GAAP diluted EPS of $0.27 vs. $0.16 in Q1 2024; GAAP diluted EPS of $0.10 vs. $(0.03) in Q1 2024Cash flow from operations of $22.4 million in Q1 and $72.9 million over the trailing 12 months TEL AVIV, Israel, May 07, 2025 (GLOBE NEWSWIRE) -- Radware® (NASDAQ: RDWR), a global leader in application security and delivery solutions for mul ...
Cisco Study Reveals Alarming Deficiencies in Security Readiness
Prnewswire· 2025-05-07 07:01
Core Insights - The 2025 Cybersecurity Readiness Index by Cisco reveals that only 4% of organizations globally have reached a 'Mature' level of cybersecurity readiness, indicating a slight improvement from 3% last year, but overall preparedness remains low [2][6] - AI is significantly impacting the security landscape, with 86% of organizations experiencing AI-related security incidents last year, yet only 49% of respondents feel their employees fully understand AI-related threats [3][6] - The report highlights a critical gap in cybersecurity readiness, with 71% of respondents expecting business disruptions from cyber incidents in the next 12 to 24 months [6] Cybersecurity Readiness - Only 4% of organizations worldwide have achieved a mature level of cybersecurity readiness, reflecting a concerning trend in global preparedness [6] - The complexity introduced by AI has led to 86% of organizations facing AI-related security incidents, emphasizing the need for improved understanding and strategies [3][6] - A significant 86% of organizations report a shortage of skilled cybersecurity professionals, which continues to hinder their security efforts [6][12] Threat Landscape - Nearly half of organizations (49%) suffered cyberattacks in the past year, with external threats from malicious actors and state-affiliated groups viewed as more significant than internal threats [4] - Organizations are increasingly concerned about unmanaged devices, with 84% facing heightened security risks due to employees accessing networks from these devices [7] AI's Role in Cybersecurity - A substantial 89% of organizations utilize AI to better understand threats, while 85% use it for threat detection and 70% for response and recovery, highlighting AI's critical role in enhancing cybersecurity strategies [7] - However, 60% of IT teams are unaware of employee interactions with public GenAI tools, indicating a lack of oversight and potential risks [7] Investment and Strategy - While 96% of organizations plan to upgrade their IT infrastructure, only 45% allocate more than 10% of their IT budget to cybersecurity, which has decreased by 8% year-over-year [8] - Organizations are urged to invest in AI-driven solutions, simplify security infrastructures, and enhance awareness of AI threats to effectively tackle current cybersecurity challenges [9]
WISeKey and OISTE.ORG Generate and Launch a Post-Quantum Cryptography Root Key to Defend Against Quantum Cyber Threats
Globenewswire· 2025-05-07 05:00
Core Viewpoint - WISeKey and OISTE.ORG have launched the "Quantum Root Key," a post-quantum cryptography solution aimed at securing digital identities and communications against quantum computing threats [1][3][7] Group 1: Quantum Computing Threats - The rise of quantum computing poses a significant risk to current encryption methods, as it can break traditional encryption schemes that rely on factoring large prime numbers [2] - A new cryptographic paradigm is necessary to address these vulnerabilities, as simply increasing key lengths is insufficient [2] Group 2: Quantum Root Key and PQC Algorithms - The "Quantum Root Key" utilizes NIST-standardized Post-Quantum Cryptography (PQC) algorithms, including ML-DSA, ML-KEM, and FALCON, which are designed to withstand quantum attacks [3][4] - This new root of trust enables secure authentication, quantum-safe encryption, and long-term data integrity for critical systems across various sectors [4] Group 3: Applications and Benefits - The Post-Quantum Trust Services will support the issuance and management of quantum-resistant digital certificates, benefiting sectors that require long-term confidentiality, such as defense, healthcare, finance, and telecommunications [4][5] - The platform's certificates maintain a structure similar to traditional certificates but utilize larger key sizes to prevent exploitation by quantum adversaries [5] Group 4: Real-World Adoption and Infrastructure - WISeKey's subsidiary SEALSQ Corp is launching the SEALSQ Quantum Lab to facilitate access to PQC-PKI infrastructure for pilot projects and early-stage deployment of quantum-resistant certificates [6] - This lab aims to become a reference hub for organizations looking to enhance their digital security strategies against quantum threats [6] Group 5: Company Overview - WISeKey is a global leader in cybersecurity, digital identity, and IoT solutions, operating through various subsidiaries focused on specific technology areas [8][9] - The company has deployed over 1.6 billion microchips across IoT sectors, playing a crucial role in securing the Internet of Everything [9]
Gen Digital (GEN) - 2025 Q4 - Earnings Call Transcript
2025-05-06 22:02
Gen Digital (GEN) Q4 2025 Earnings Call May 06, 2025 05:00 PM ET Company Participants Jason Starr - VP - IRVincent Pilette - CEO, President & DirectorNatalie Derse - Chief Financial OfficerSaket Kalia - Managing DirectorRoger Boyd - Executive Director Conference Call Participants Andrew Nowinski - AnalystTomer Zilberman - AnalystDan Bergstrom - Analyst Operator Good afternoon, everyone. Thank you for standing by. My name is Tamiya, and I will be your conference operator today. Today's call is being recorded ...
Qualys(QLYS) - 2025 Q1 - Earnings Call Transcript
2025-05-06 22:02
Qualys (QLYS) Q1 2025 Earnings Call May 06, 2025 05:00 PM ET Company Participants Blair King - Vice President of Investor Relations & Corporate DevelopmentSumedh Thakar - President and CEOJoo Mi Kim - CFOTrevor Walsh - Director - Equity ResearchJoshua Tilton - DirectorYun Kim - Managing DirectorOscar Saavedra - Equity Research Associate - Software Conference Call Participants Jonathan Ho - Research AnalystPatrick Colville - Lead Equity Research AnalystKingsley Crane - Director, Senior AnalystRudy Kessinger ...
Qualys(QLYS) - 2025 Q1 - Earnings Call Transcript
2025-05-06 21:00
Qualys (QLYS) Q1 2025 Earnings Call May 06, 2025 05:00 PM ET Speaker0 Ladies and gentlemen, thank you for standing by, and welcome to Qualys First Quarter twenty twenty five Investors Call. At this time, all participants are in a listen only mode. After the speaker presentation there will be a question and answer session. And to ask a question during this session you would need to press 11 on your telephone. You will then hear an automated message advising your hand is raised. If your question has been answ ...