November 18, 2024 at 04:55PM Akamai Technologies reported a $1.005 billion revenue for Q3 2024, a 4% increase year-over-year, with strong growth in security and cloud computing solutions. However, GAAP net income fell 64%. An $82 million restructuring charge impacted income metrics. The company remains optimistic about future product traction and performance. ### Meeting Takeaways … Read more
October 31, 2024 at 07:09AM CISOs need to establish a strategic technology investment plan aimed at long-term business protection. This approach is crucial for ensuring robust cybersecurity measures are in place to safeguard the organization’s future. **Meeting Takeaways:** 1. **Strategic Approach to Technology Investment**: CISOs are advised to create a comprehensive strategy for technology investments … Read more
September 17, 2024 at 03:45PM Hackers are using brute-force tactics to obtain passwords for highly privileged accounts on Foundation accounting servers, common in the construction industry, in order to infiltrate corporate networks. Based on the meeting notes, it appears that hackers are using brute force methods to crack passwords for important accounts on Foundation accounting … Read more
August 29, 2024 at 10:06AM Messaging channels like SMS and voice have been widely used for customer engagement, but they are also susceptible to telecom-based attacks like toll fraud and 2FA hijacking. These attacks create high costs for businesses and pose risks to cybersecurity. To defend against these threats, businesses can implement proactive measures internally … Read more
April 4, 2024 at 08:47AM Cybercriminals are leveraging AI to mimic small businesses while security architects are utilizing AI to assist small businesses in defending against cyber threats. It appears that cybercriminals are leveraging AI to impersonate small businesses, while security architects are using AI to assist small businesses in defending against such attacks. Full … Read more
January 3, 2024 at 02:35PM Nigerian national Olusegun Samson Adejorin was arrested in Ghana for wire fraud and identity theft, related to $7.5 million embezzlement from US charitable organizations. The fraud scheme involved unauthorized access to email accounts and impersonation of employees to trick one charity into transferring funds to accounts controlled by the attacker. … Read more