Palo Alto Networks bet big on bundling. Investors want more proof that it’s working

Palo Alto Networks bet big on bundling. Investors want more proof that it’s working

Palo Alto Networks stock has been on a tear into Monday’s fourth-quarter earnings report, entering Friday’s session up nearly 17% since Aug. 5 compared to a roughly 7% gain for the S & P 500 . Translation: Investor expectations of the cybersecurity leader are high. Is this the quarter the company gets back to beating … Read more

2.9 billion people allegedly had Social Security numbers, other data stolen

2.9 billion people allegedly had Social Security numbers, other data stolen

Sakorn Sukkasemsakorn | Istock | Getty Images About 2.9 billion people may have had their personal information hacked, a new proposed class action lawsuit alleges. If true, reports suggest all Americans may have had valuable personal information compromised — including full names, current and past addresses, Social Security numbers and information on parents, siblings and … Read more

Inside the $93 million Wall Street heist that stemmed from Russia

Inside the  million Wall Street heist that stemmed from Russia

The money Vladislav Klyushin made from stolen financial information literally piled up, filling a safe with stacks of hundred-dollar bills. At one point, he was hoarding over $3 million in illegal gains. In less than three years, Klyushin’s cybersecurity scam amassed more than $93 million. His company, M-13, acted as a front for Russian hackers … Read more

Google Has Unleashed Its Legal Fury on Hackers and Scammers

Google Has Unleashed Its Legal Fury on Hackers and Scammers

Following an ordeal over whether the defendants could obtain Russian passports, sit for depositions in Europe, and turn over work files, Google’s attorneys and Litvak traded accusations of lying. In 2022, US district judge Denise Cote sided with Google. She found in a 48-page ruling that the defendants “intentionally withheld information” and “misrepresented their willingness … Read more

Microsoft fires back at Delta after outage, says airline declined help

Microsoft fires back at Delta after outage, says airline declined help

Delta Air Lines planes are seen parked at Seattle-Tacoma International Airport on June 19, 2024 in Seattle, Washington. Kent Nishimura | Getty Images Microsoft fired back at Delta Air Lines on Tuesday accusing the carrier of not modernizing its technology before it canceled thousands of flights in the wake of last month’s global massive IT … Read more

CrowdStrike Faces a Potential Tsunami of Lawsuits. Only the Fine Print Can Save It, Experts Say

CrowdStrike Faces a Potential Tsunami of Lawsuits. Only the Fine Print Can Save It, Experts Say

On July 19, Jonathan Cardi and his family watched as the departures board at Raleigh-Durham International Airport in North Carolina, turned from green to a sea of red. “Oh my gosh, it was insane,” says Cardi. “Delayed, delayed, delayed, delayed.” Cardi, a law professor at Wake Forest University and a member of the American Law … Read more

Trump campaign says it was hacked by foreign actors

Trump campaign says it was hacked by foreign actors

Republican presidential candidate former President Donald Trump speaks during a press conference at his Mar-a-Lago estate on August 08, 2024, in Palm Beach, Florida.  Joe Raedle | Getty Images The Trump campaign on Saturday said that a foreign hacker had breached its systems and gained access to internal communications. Politico began receiving leaked campaign documents … Read more

DOT investigating Delta over IT outage chaos

DOT investigating Delta over IT outage chaos

Delta Airlines passengers line up for agent assistance at Hartsfield-Jackson Atlanta International Airport on July 22, 2024 in Atlanta, Georgia.  Jessica Mcgowan | Getty Images The U.S. Department of Transportation’s Office of Aviation Consumer Protection is investigating Delta Air Lines over chaos sparked by last week’s global IT outage, according to a statement. The DOT … Read more

Chinese regulators begin testing GenAI models on socialist values

Chinese regulators begin testing GenAI models on socialist values

Digital code and Chinese flag representing cybersecurity in China. Anton Petrus | Moment | Getty Images AI companies in China are undergoing a government review of their large language models, aimed at ensuring they “embody core socialist values,” according to a report by the Financial Times. The review is being carried out by the Cyberspace Administration … Read more

CrowdStrike meltdown and the price of real security

CrowdStrike meltdown and the price of real security

The “blue screen of death” that appeared last week on an estimated 8.5 million PCs and servers around the world running Microsoft software wasn’t a hack or an attack. No, “the largest digital outage in history,” one that affected industries ranging from aviation to coffee shops, was the product of good cyber hygiene — an … Read more