November 27, 2024 at 02:30AM CrowdStrike reports $1.01 billion in Q3 revenue, a 29% increase, but faces a $17 million loss and uncertain impacts from a July software crash. CFO warns of delayed customer renewals, despite offering incentives. CEO remains optimistic about product demand, though investors reacted negatively, dropping shares in after-hours trading. ### Meeting … Read more
November 25, 2024 at 08:22AM The Biden administration met with telecom executives regarding China’s cyberattacks, which may necessitate significant network overhauls. Senator Mark Warner highlighted the severity of these incidents, noting they exceed prior threats by Russia. Both Warner and officials emphasized ongoing intelligence sharing about China’s extensive cyber espionage targeting US telcos. ### Meeting … Read more
October 28, 2024 at 10:51PM Armis secured an additional $200 million in funding, achieving a valuation of $4.2 billion as it prepares for an IPO. **Meeting Notes Takeaways:** 1. **Funding Achievement**: Armis successfully raised an additional $200 million in funding. 2. **Valuation**: The current valuation of Armis stands at $4.2 billion. 3. **Future Plans**: The … Read more
October 21, 2024 at 01:37AM Tesla has denied allegations of illegal-map making in China, responding to the Ministry of State Security’s claims of foreign firms evading supervision and potentially engaging in espionage. Meanwhile, TSMC is under US investigation for suspected export control violations related to Huawei, emphasizing its commitment to compliance amid ongoing scrutiny. ### … Read more
October 18, 2024 at 01:40AM Intel has dismissed Chinese claims from the Cybersecurity Association of China that its chips contain NSA-directed security backdoors and have vulnerabilities. The allegations triggered calls for a cybersecurity review in China. The tensions between the US and China over cybersecurity are rising, with accusations from both sides intensifying. ### Meeting … Read more
October 17, 2024 at 01:55PM A federal grand jury indicted two Sudanese nationals for operating Anonymous Sudan, responsible for over 35,000 DDoS attacks globally. Ahmed Omer, 22, and Alaa Omer, 27, face conspiracy charges, with potential sentences ranging from five years to life. Their group, linked to pro-Russian activities, was shut down during Operation PowerOFF. … Read more
October 3, 2024 at 10:11AM The survey of nearly 700 CISOs in the US and Canada revealed an increase in average salaries to $565,000 and median salaries to $403,000. Job-switching or threatening to do so resulted in a 31% compensation increase, outweighing the 6.3% increase from annual pay rises. The tech industry offers the most … Read more
May 16, 2024 at 05:42AM NCSC CTO Ollie Whitehouse spoke at CYBERUK, criticizing the tech market for contributing to cybersecurity issues. He highlighted the increase in vulnerabilities, emphasized the need to address technical debt, and advocated for holding vendors accountable for security failings. He urged for reform in the market and emphasized the importance of … Read more
April 23, 2024 at 06:34AM European Police Chiefs are concerned that end-to-end encryption (E2EE) hinders collaboration between law enforcement and tech companies, impacting public safety on social media platforms. They urge urgent action to address the “going dark” problem and highlight the need for tech industry’s social responsibility. Meanwhile, Meta has incorporated measures to combat … Read more
April 22, 2024 at 12:37PM Europol has urged an end to end-to-end encryption (E2EE) implementation, citing concerns about hampering police investigations. The joint declaration of European police chiefs emphasizes the need for lawful access to private messages and criticizes E2EE for hindering the prevention of crimes like terrorism, child abuse, and drug smuggling. Europol’s stance … Read more