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The Latest Breaking News from Cybersecurity

BlackBerry Beats Q1 Revenue Expectations, Says Well-Positioned To Invest And Drive Growth

Editor's note: This story has been updated to reflect current Street revenue estimates for BlackBerry. BlackBerry Ltd (NYSE:BB) (TSX:BB) reported first-quarter FY23 revenue decline of 3.5% year-over-year to $168 million, beating the consensus of $160.70 million. Adjusted EPS was $(0.05), beating the consensus of $(0.06). IoT revenue was $51 million (+19% Y/Y),…

Benzinga

Johnson Controls Acquires Tempered Networks; Partners With Accenture On Innovation Centers

Accenture Plc (NYSE:ACN) and Johnson Controls International Plc (NYSE:JCI) collaborate to deliver and operate two new OpenBlue Innovation Centers. The centers will drive Johnson Controls' rollout of building control system products and services using technologies such as artificial intelligence (AI), digital twins, the internet of things (IoT), 5G, and the cloud. The focus will be…

Benzinga

Digital wearables can expose users to cyberattacks: IEEE

Users wrongly believe wearables have low cybersecurity risk compared with computers’

The Hindu

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2 Cybersecurity Stocks to Buy, 2 to Avoid

Increased tech dependency has boosted the demand for cybersecurity. Moreover, the Russia-Ukraine war has amplified the prospects of cyberattacks, making digitalized enterprises and governments spend more on cybersecurity. So, fundamentally sound cybersecurity stocks Check Point Software Technologies (CHKP) and Qualys (QLYS) could be ideal investments now. However, CrowdStrike Holdings (CRWD)…

StockNews.com

Survey: SE Asia shortage of cybersecurity experts

A sophisticated cyberthreat landscape is pushing organisations to scramble to find highly qualified security experts amid a shortage, according to Fortinet, a global cybersecurity company.

Bangkok Post

Philippines’ PLDT blocks 23 million texts in sign of scam threat

In just three days, Philippines-based telecommunications provider PLDT Inc blocked more than 23 million text messages that try to get consumer’s personal data, showing heightened cybersecurity risks in the nation.

Bangkok Post

Inside the MAGA world scramble to produce findings suggesting the 2020 election was stolen

WASHINGTON — Days after the 2020 presidential election, before all votes were counted and Joseph R. Biden was declared the winner, cyber experts and analysts piled into suites at the Trump Hotel in Washington and other hotel rooms in the area.

Los Angeles Times

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Costa Rica chaos a warning that ransomware threat remains

Costa Rica has been reeling from unprecedented ransomware attacks disrupting everyday life in the Central American nation for the last two months

The Independent UK

Microsoft Fixes Flaw Exploited By State-Backed Hackers

Microsoft Corp (NASDAQ:MSFT) released a fix for Windows zero-day flaw exploited by state-backed hackers. However, cybersecurity firm Sophos noted that the fix did not feature on the list of patches included in the release. However, it confirmed the mitigation of Follina. Microsoft strongly recommended that customers install the updates for complete protection from the vulnerability. Also…

Benzinga

Scotland’s first ever cybersecurity hub opens in Dundee creating 30 new jobs

The NHS online experts will be among the first residents of the £18 million cyberquarter at Abertay University.

Daily Record

Cybersecurity in the Pacific: how island nations are building their online defences

Leaders of several Pacific nations met in Fiji last week to strengthen ties and promote unity in the region.

The Conversation

We Go To RSA So You Don't Have To

Episode 411 of the Cyberlaw Podcast

Reason

Saudi Warns of Ukraine War Exacerbating Cybersecurity Breaches

Saudi experts are warning against aggravating cybersecurity breaches as the effects of the Russian-Ukrainian war take a toll.

Asharq Al-Awsat

3 Cybersecurity Stocks Wall Street Predicts Will Rally 30% - 55%

The increasing number of cyber breaches worldwide and the growing demand for cybersecurity is driving the industry’s prospects. Moreover, federal cyber-leaders are also underscoring the importance of cybersecurity. Amid this, Wall Street analysts see cybersecurity stocks SentinelOne (S), Crowdstrike (CRWD), and Datadog (DDOG) to rally between 30%-55% in the near…

StockNews.com

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The Hindu

Privacy depends on cybersecurity — why government must rethink the new rules

While increasing surveillance, the directions issued by CERT-In present few, if any, benefits for security of the state or individuals

Benzinga

Could The Metaverse Spark A Monumental Price Rally For Cybersecurity Stocks?

As talk of the metaverse intensifies, we can see a greater emphasis being placed on the stocks that are likely to play a key role in powering the brave new digital frontier. This invariably includes cybersecurity firms that are set to keep individuals secure in a massively interconnected online environment.

Benzinga

This Cybersecurity Stock Looks Attractive After Establishing A 'Very Bullish Technical Formation'

CrowdStrike Holdings Inc (NASDAQ: CRWD) shares nearly touched $300 last year before spiraling lower with the overall market as growth stocks took a back seat to value names amid rising inflation.

Benzinga

Booz Allen Secures First-Ever NASA CyPrESS Contract

Booz Allen Hamilton Holding Corporation (NYSE:BAH) has secured the National Aeronautics and Space Administration (NASA) Cybersecurity and Privacy Enterprise Solutions and Services (CyPrESS) contract. It is a hybrid IDIQ single-award contract with a total potential value of $622.5 million to provide a complete range of cybersecurity and privacy enterprise solutions and services…

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Tribune News Service

Peters leads lawmakers’ long-awaited response on cybersecurity

WASHINGTON — Cybersecurity experts have implored Congress for years to act as criminal hackers and sophisticated intelligence operatives attacked computer networks at schools, local governments, critical infrastructure and federal agencies.

Roll Call

Peters leads lawmakers' long-awaited response on cybersecurity - Roll Call

Michigan Democratic Sen. Gary Peters has led the long-awaited congressional response to cyber attacks on U.S. targets.

Radio France Internationale

Cybersecurity conference opens in the shadow of Russia-Ukraine conflict

European experts in the field of information security are meeting this week in the northern French city of Lille at the International Cybersecurity Forum, in a context of global tension provoked by the Russian invasion of Ukraine.

Reuters

Ukrainian officials' phones targeted by hackers - cyber watchdog

The phones of Ukrainian officials have been targeted by hackers as Russia pursues its invasion of Ukraine, a senior cybersecurity official said Monday.

StockNews.com

4 Buy-Rated Cybersecurity Stocks to Add to Your Portfolio in June

The cybersecurity industry is well-positioned to register solid growth in the long run as organizations continue to integrate advanced technologies in their business models and increasing amounts of data is accessed over the internet. Against this backdrop, we think adding the stocks of cybersecurity concerns Check Point Software (CHKP), OneSpan…

Tribune News Service

Georgia voting touchscreens vulnerable, cybersecurity agency finds

ATLANTA — A U.S. cybersecurity agency reported Friday that voting touchscreens used in Georgia have security vulnerabilities that put them at risk to hacking attacks, though there’s no evidence those weaknesses have been exploited so far.

StockNews.com

Is Varonis Systems a Worthwhile Cybersecurity Stock to Invest In?

Varonis Systems (VRNS) reported a healthy increase in its subscription revenue for the quarter ended March 31, 2022, and analysts expect its EPS and revenue to grow in fiscal 2022 and 2023. However, given the company’s lower-than-industry profitability and stretched valuation, is the stock a wise bet now? Read on…

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