Mar. 20—Only have a minute? Listen instead Getting your Trinity Audio player ready… In celebration of the city of Brownsville’s partnership with internet service provider Lit Fiber to bring high-speed internet to city residents, Brownsville leaders are hosting three days of educational, informational seminars March 26-28 during what’s been dubbed BTX Fiber Network & Cybersecurity […]
According to Statista, the cybersecurity industry was worth just shy of $300 billion in 2022 and is projected to approach $540 billion by the decade’s end. This underlines how serious corporations have become about protecting themselves and their data against hackers and malicious actors. It’s an opportunity no long-term investor should skip past. The companies […]
Cybersecurity heavyweights are locked in a war of words. During a recent round of conference calls, and later in follow-ups on Twitter/X, CEOs from Palo Alto Networks (NASDAQ: PANW) and CrowdStrike Holdings (NASDAQ: CRWD) both took shots at competitors, including each other. CrowdStrike CEO George Kurtz even name-dropped Palo Alto in his prepared remarks, even […]
The cybersecurity industry has been expanding at a healthy pace over the years. This isn’t surprising considering the rising adoption of cloud computing and connected devices, the escalation in cyberattacks, and the growing sophistication of cyber threats. It goes some way to explain why Gartner expects global cybersecurity spending to increase 14.3% in 2024 to […]
(Reuters) – CrowdStrike surged 23% before the bell on Wednesday, sparking a rally in cybersecurity stocks, after the company’s upbeat annual forecasts signaled healthy demand for platforms that act as one-stop shops for security. Businesses have preferred consolidated platforms as a means to optimize spending and make operations more efficient at a time when cybersecurity […]
Deepfake video hacking attempts are expected in Ireland within six months, according to cybersecurity experts. Scam video calls represent one of the newest threats to organisations’ data and the issue came to prominence after a high profile case in Hong Kong earlier this month. In the widely reported incident, an employee was duped into joining […]
A number of cybersecurity companies slumped out of the gate Wednesday morning and never looked back. As of 1:35 p.m. ET, shares of Zscaler (NASDAQ: ZS) had plunged by 13.9%, SentinelOne (NYSE: S) was down 10.8%, CrowdStrike Holdings (NASDAQ: CRWD) had tumbled by 9.4%, Fortinet (NASDAQ: FTNT) was off by 4.2%, and Cloudflare (NYSE: NET) […]
President Joe Biden is expected to launch new regulations aimed at better securing US ports from potential cyberattacks. The administration is outlining a set of cybersecurity regulations that port operators must comply with across the country, not unlike standardised safety regulations that seek to prevent injury or damage to people and infrastructure. “We want to […]
WASHINGTON (AP) — President Joe Biden is expected to sign an executive order and create a new federal rule Wednesday aimed at better securing the nation’s ports from potential cyberattacks. The administration is outlining a set of cybersecurity regulations that port operators must comply with across the country, not unlike standardized safety regulations that seek […]
You may think the time is right to move into cybersecurity stocks amid high profile hacking incidents. Also, buzz surrounding artificial intelligence is driving investor interest in cybersecurity stocks. And, federal government spending on cybersecurity should provide a boost in 2024, analysts say. X The big picture: cybersecurity services delivered via cloud computing platforms are […]
Shares of CrowdStrike (NASDAQ: CRWD) have surged to new highs this year, but analysts at HSBC think the cybersecurity specialist has more in the tank. The bank’s financial services firm recently adjusted its price target to $411, representing an upside of 25% from the current share price of $329. The firm initially rated the stock […]
The IT Coalition for Ukraine, comprising 10 European nations, has signed a cooperation agreement to bolster Ukraine’s defense capabilities in information technology, communications, and cybersecurity, Ukraine’s Defense Ministry announced on Feb. 14. The cooperation agreement pledges to support Ukraine’s Defense Ministry and Armed Forces’ information technology (IT) infrastructure over the next six years. “Thanks to […]