Cybersecurity

A coalition of 26 European industry groups has called for a non-discriminatory approach to the proposed European Union Cybersecurity Certification Scheme (EUCS) for cloud services. The groups demanded that tech giants like Microsoft Corp. (NASDAQ:MSFT), Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:...

OpenAI has appointed retired U.S. Army General Paul M. Nakasone to its Board of Directors. Nakasone, a cybersecurity expert, will bring his expertise to the Board’s Safety and Security Committee. What Happened: As the impact of AI technology continues to grow, OpenAI has appointed Nakasone to...

Advance Auto Parts (NYSE:AAP) is reportedly investigating a potential data attack connected to a recent Snowflake (NYSE:SNOW) cyber incident. What Happened: Reports have surfaced on a dark web hacker forum indicating malicious actors may have stolen information on at least 380 million customers...

Shares of CrowdStrike Holdings Inc (NASDAQ:CRWD) rose by 7.5% to $328.49 at last check Wednesday, after the cybersecurity company reported better-than-expected fiscal first-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways. Wedbush analyst Taz...

CrowdStrike Holdings Inc (NASDAQ:CRWD) reported financial results for the first quarter of fiscal 2025 after the market close on Tuesday. Here’s a look at the key details from the quarter. Q1 Earnings: CrowdStrike's first-quarter revenue increased 33% year-over-year to $921 million, beating...

CrowdStrike Holdings Inc (NASDAQ:CRWD) will be reporting its first-quarter earnings on Tuesday. Wall Street expects 90 cents in EPS and $904.66 million in revenues as the company reports after market hours. The stock is up 100.34% over the past year, 20.90% YTD. CrowdStrike stock is experiencing...

Zscaler Inc (NASDAQ:ZS) reported fiscal third-quarter financial results Thursday after the bell. Here’s a rundown of the report. Q3 Earnings: Zscaler said third-quarter revenue increased 32% year-over-year to $553.2 million, which beat the consensus estimate of $535.906 million...

Mastercard Incorporated (NYSE:MA) inaugurated a European Cyber Resilience Centre at its European Headquarters to combat cyber threats. The company, whose stock has gained over 20% in the past year, looks to enhance its cyber defense capabilities. Within the Mastercard European Cyber Resilience...

Okta Inc (NASDAQ:OKTA) reported fiscal first-quarter financial results Wednesday after the bell. Here’s a look at key metrics and highlights from the quarter. Q1 Earnings: Okta reported first-quarter revenue of $617 million, which was up 19% year-over-year and came in ahead of analyst...

Deepfake scams have become a significant threat, with criminals using generative AI to manipulate videos, sounds, and images of real individuals, leading to substantial financial losses. Experts warn that the situation could worsen as AI technology continues to evolve. What Happened: The rise of...

Cloud and AI are propelling security spending, 42% of which is going towards the fast evolving security services sector Against recessionary headwinds, AI has supercharged big tech earnings (Microsoft +13.3% YTD, Google +27.3%)* and semiconductor stocks (NVIDIA +91.99%, TMSC +49.39%) ‒ rewarding...

Rubrik Inc (NYSE:RBRK), which raised around $736 million in an April 25 IPO that was 20X oversubscribed, has witnessed high volatility in its share price. Goldman Sachs On Rubrik: Analyst Kash Rangan initiated coverage with a Buy rating and $48 price target. Rubrik is poised to disrupt "the decades...

The House Committee on Homeland Security has requested Microsoft Corp (NASDAQ:MSFT) President Brad Smith to appear for a hearing on cybersecurity concerns. What Happened: The committee is seeking Smith’s testimony regarding recent security breaches that compromised U.S. government officials...

The sensitive details of an undisclosed number of active U.K. military personnel have been compromised in a major breach of data security. According to media reports, the Chinese state was behind the cyber attack. What Happened: The UK government is set to disclose the breach to Members of...

Microsoft Corp (NASDAQ:MSFT) introduced new anti-hacking initiatives, linking senior leaders’ compensation to cybersecurity milestones after facing criticism for failing to prevent significant attacks.  The company is prioritizing security over new feature development and adding...