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☆ Ivana Delevska's technology ETF returned 88% in 2023, smashing 99% of similar funds. She shares 3 stocks she continues to bet on in 2024.
▼ + stars: | 2024-02-11 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

A frenzy around AI-adjacent stocks fueled the sector to robust gains: the Nasdaq Composite Index (IXIC) was up 43%, and the Technology Select Sector SPDR Fund (XLK) was up 56%. And yet, in addition to outperforming the broader market, Ivana Delevska’s Spear Alpha ETF (SPRX) managed to smash its peers in the tech sector. The fund was up 88% on the year and beat 99% of similar funds, according to Morningstar data . We were like the only ones buying it at the bottom, it really felt totally abandoned,” Delevska told Business Insider. 3 AI stocks to buyThe first is chipmaker Nvidia (NVDA).

Persons: Ivana Delevska’s, ”, “, ” Delevska, Delevska, they’re Organizations: Nasdaq, Technology, Alpha, Morningstar, Business, Citadel Asset Management, Nvidia, Palo Alto

☆ Israel’s cyber defense chief tells CNN he is concerned Iran could increase severity of its cyberattacks
▼ + stars: | 2023-11-06 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +8 min

So far, suspected Iranian hackers appear to have had minimal impact on their publicly claimed targets in Israel in the last month. But Portnoy said those hackers have been relatively quiet in the latest Israel-Hamas war (Israeli airstrikes have decimated internet infrastructure in Gaza.) “There is a gap between their [cyber] capabilities and their rhetoric,” the official told CNN, referring to Iran-backed hackers. “Even the successful, real cyberattacks are probably not going to be about the actual attack,” John Hultquist, Mandiant’s chief analyst, told CNN. This campaign is “maybe the most sophisticated we have seen from Iran on a technological level,” Sergey Shykevich, threat intelligence group manager at Check Point, told CNN.

Persons: “, ”, Gaby Portnoy, ” Portnoy, Portnoy, –, Christopher Wray, ” Wray, ” Eric Goldstein, CrowdStrike, ” John Hultquist, “ It’s, Solomon, Israel, Adam Meyers, CrowdStrike’s, ” Meyers, Sergey Shykevich Organizations: CNN, Israel National Cyber Directorate, Lebanese, Hezbollah, Palo Alto Networks, Hamas, Infrastructure Security Agency, FBI, Boston Children’s Hospital, ” CNN, Iranian, United Nations, “, Islamic Revolutionary Guard Corps Locations: Iran, Israel, Saudi Arabia, East, Iranian, Syria, Iraq, Tehran, –, Palo, Gaza, Palestine, China, Russia

☆ New York State to Debut First Cybersecurity Strategy
▼ + stars: | 2023-08-09 | by ( James Rundle | ) www.wsj.com time to read: +6 min

The state of New York will debut its first cybersecurity strategy, including plans to modernize government networks, provide digital defenses at the county level and regulate critical infrastructure. In addition, the state plans to focus on developing its cybersecurity workforce and educating New York residents and companies about cybersecurity. In March, the White House published the National Cybersecurity Strategy, which touches on several of the themes in New York’s own document. The U.S. Office of the National Cyber Director coordinated with the New York state government during the drafting process, said acting National Cyber Director Kemba Walden. Kemba Walden, acting National Cyber Director Photo: U.S. OFFICE OF THE NATIONAL CYBER DIRECTOR“Certainly we appreciate points of alignment, where appropriate, between state cyber strategies and the National Cybersecurity Strategy.

Persons: Kathy Hochul, Kathryn Garcia, Lev Radin, ”, Garcia, Colin Ahern, Kemba Walden, ” Walden, ” Garcia, James Rundle Organizations: state’s, of Homeland Security, Emergency Services, New York, cybersecurity, Aging, U.S . Office, National Cyber, New, New York State Department of Financial Services, New York State Intelligence Center, Joint Security Operations Center Locations: New York, Suffolk County, Iowa, Michigan, West Virginia, New York’s Suffolk County, New, New York City, Albany, Telecommuting, Brooklyn, Albany , Rochester, Syracuse, Albany , New York City, Yonkers, james.rundle

☆ New York State Debuts First Cybersecurity Strategy
▼ + stars: | 2023-08-09 | by ( James Rundle | ) www.wsj.com time to read: +6 min

The state of New York debuted its first cybersecurity strategy, including plans to modernize government networks, provide digital defenses at the county level and regulate critical infrastructure. In addition, the state plans to focus on developing its cybersecurity workforce and educating New York residents and companies about cybersecurity. In March, the White House published the National Cybersecurity Strategy, which touches on several of the themes in New York’s own document. The U.S. Office of the National Cyber Director coordinated with the New York state government during the drafting process, said acting National Cyber Director Kemba Walden. Photo: U.S. OFFICE OF THE NATIONAL CYBER DIRECTOR“Certainly we appreciate points of alignment, where appropriate, between state cyber strategies and the National Cybersecurity Strategy.

Persons: Kathy Hochul, Kathryn Garcia, Lev Radin, ”, Garcia, Colin Ahern, Kemba Walden, ” Walden, ” Garcia, James Rundle Organizations: New York, state’s, of Homeland Security, Emergency Services, cybersecurity, Aging, U.S . Office, National Cyber, New, New York State Department of Financial Services, New York State Intelligence Center, Joint Security Operations Center Locations: New, New York, Suffolk County, Iowa, Michigan, West Virginia, New York’s Suffolk County, New York City, Albany, Telecommuting, Brooklyn, Albany , Rochester, Syracuse, Albany , New York City, Yonkers, james.rundle

☆ CrowdStrike Takes Big Swing at Microsoft
▼ + stars: | 2023-04-06 | by ( Dan Gallagher | ) www.wsj.com time to read: 1 min

George Kurtz, chief executive officer of CrowdStrike Inc., said Microsoft uses the same model as rivals, which he described as a failure. Give CrowdStrike credit at least for trying to punch up. The provider of cloud-based cybersecurity software has been one of the hottest names in the space, and for good reason. Revenue growth has averaged 67% annually over the last three years—well above the 45% average growth over that time shown by other cloud-software companies generating at least $2 billion in annual revenue. Still, CrowdStrike’s annual revenue is about what Microsoft Corp. generates in sales every four days, and the tech giant has recently locked its gaze on CrowdStrike’s end of the security market with offerings such as its Defender software.

☆ The attack in Ukraine took a lot of the cyber focus off China, says CrowdStrike's sr. vp of intelligence
▼ + stars: | 2023-03-03 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe attack in Ukraine took a lot of the cyber focus off China, says CrowdStrike's sr. vp of intelligenceCrowdStrike’s Adam Meyers joins Eamon Javers and the 'CNBC Special: Taking Stock' to discuss the real-world cyberthreats we face across the globe.

☆ Even CrowdStrike Isn’t on Safe Ground
▼ + stars: | 2022-11-30 | by ( Dan Gallagher | ) www.wsj.com time to read: 1 min

George Kurtz, CrowdStrike’s CEO, cited an 11% rise in the days required to close sales deals in the most recent quarter. At least no one can accuse CrowdStrike Holdings of playing it safe. The provider of subscription-based security software has been one of the hottest names in the cloud sector since going public in mid-2019. That is due to sky-high revenue growth rates that—before its fiscal third-quarter results late Tuesday—had averaged 68% year over year over the previous eight quarters. CrowdStrike is currently generating a little more than $2.2 billion in annual revenue—nearly five times what it made in the fiscal year that ended in January 2020.

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