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How the government is tackling global cybersecurity losses
  + stars: | 2024-05-09 | 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 EmailHow the government is tackling global cybersecurity lossesCNBC's Frank Holland discusses the outlook for cybersecurity following RSA's annual conference.
Persons: CNBC's Frank Holland
The future of data protection and AI workloads in the cloud
  + stars: | 2024-05-09 | 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 future of data protection and AI workloads in the cloudCNBC's Frank Holland discusses the key takeaways from this year's RSA Conference.
Persons: Frank Holland Organizations: RSA Conference
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCrowdstrike CEO at RSA on 'Secure by Design' pledge and 'platformization'Crowdstrike CEO George Kurtz says the "Secure by Design" pledge by CISA has the potential to change the tech landscape and give his opinion on "platformization". Frank Holland talks with the cyber chief about the AI landscape at the company announcements at RSA.
Persons: George Kurtz, CISA, Frank Holland Organizations: RSA, Design
Generative AI is revolutionizing cybersecurity in connected networks. Generative AI has become a double-edged sword for the security of connected networks. On one hand, generative AI can speed up cybersecurity problems, making it easier and cheaper for bad actors to conduct identity attacks. Business Insider spoke with several cybersecurity professionals who attended the annual RSA conference this week in San Francisco about how generative AI is increasingly used in cybersecurity for 5G devices and networks. Now that mobile and Internet of Things devices have become more ubiquitous, they're using even more data, which generative AI can help filter and secure.
Persons: , David Cooper, Cooper, Shaun McAlmont, Chris Novak, David Aviv, Steve Wilson, Ev Kontsevoy, It's, Rohit Ghai, Ghai, Wilson Organizations: Service, Accenture Security, RSA, Verizon Business Locations: cybersecurity, San Francisco
Emergent 5G technology is faster and more secure than ever. "There's a huge amount of intellectual property and corporate data that sits on mobile devices," Ghai said. 5G networks are very, very dynamic. The other change is using identity and access governance to make sure privileged access to IT and OT [operational technology] networks is managed. That same pattern follows in 5G networks.
Persons: Rohit Ghai, Ghai, , It's Organizations: Service, RSA, Infrastructure Security, 5G Locations: San Francisco, cybersecurity
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThompson: AI can be a double-edged sword in cybersecurity incidentsHugh Thompson of Crosspoint Capital and program committee chair of the RSA Conference, discusses the market fallout from high-profile data breaches, including AT&T and UnitedHealth.
Persons: Thompson, Hugh Thompson Organizations: Crosspoint, RSA Conference
CrowdStrike shares surged as much as 21% in after-hours trading Tuesday, after the cybersecurity company reported a beat on the top and bottom lines, and issued stronger than expected guidance for the upcoming quarter and full year. CrowdStrike has now reported GAAP net income for the last four quarters, CFO Burt Podbere said in the earnings release. "CrowdStrike is cybersecurity's consolidator of choice, innovator of choice, and platform of choice to stop breaches," co-founder and CEO George Kurtz said in a release. The company also guided to fiscal first-quarter revenues between $902 million and $906 million, better than a consensus estimate of $899 million. CrowdStrike also expects EPS for the period between 89 to 90 cents, better than the 82 cent consensus estimate.
Persons: George Kurtz, CrowdStrike, Burt Podbere, Podbere Organizations: Crowdstrike Holdings Inc, Bloomberg Technology, RSA Conference, Security Locations: San Francisco , California
A woman in Ireland lost her $823,000 injury claim due to a photo of her throwing a Christmas tree. Kamila Grabska, 36, won the 2018 tree-throwing contest after she told doctors of back and neck pains. She'd been in a car accident in 2017 that she said left her unable to work for years. A woman in Ireland who sued an insurance company for $823,000 had her injury claim tossed out after the court saw a photo of her taking part in a Christmas tree-throwing competition. The accident rendered her unable to work for more than five years, she said.
Persons: Grabska, She'd, Kamila Grabska Organizations: RSA Insurance, Irish Independent, Business Locations: Ireland
Amazon will partner with Diamond Sports as part of a restructuring agreement as the largest owner of regional sports networks looks to emerge from bankruptcy. Diamond Sports has been in Chapter 11 bankruptcy proceedings in the Southern District of Texas since it filed for protection last March. Under the terms of the restructuring agreement, Amazon will make a minority investment in Diamond and enter into a commercial arrangement to provide access to Diamond’s content via Prime Video. Customers will be able to access their local team's content on Prime Video channels where Diamond has rights. Under an agreement with creditors last year, Diamond Sports Group became a separate company from Sinclair.
Persons: Diamond, Sinclair, David Preschlack, ” Diamond, ___ Organizations: Amazon, Diamond Sports, Bally Sports, , NBA, NHL, Southern District of, MLB, San Diego Padres, Arizona Diamondbacks, Padres, Diamondbacks, Diamond, New York Yankees, Brooklyn Nets, YES, Sinclair Broadcast Group, Walt Disney Co, Disney, Department of Justice, Diamond Sports Group, Sinclair, RSA, Major League Baseball Locations: Southern District, Southern District of Texas, Diamond’s
CrowdStrike CEO George Kurtz has had a banner year. The new regulations will likely offer upside for CrowdStrike, Kurtz said. For every dollar companies paid CrowdStrike to respond to hacks, CrowdStrike collected roughly $6 on average in new subscription revenue, Kurtz said. "It's not something we can answer" for companies, Kurtz said. While incident response is good business for CrowdStrike, Kurtz emphasized that CrowdStrike's main focus is "to help customers prevent these sorts of attacks upfront and provide visibility."
Persons: George Kurtz, It's, Kurtz, CrowdStrike, it's, Jen Organizations: Crowdstrike Holdings Inc, Bloomberg Technology, RSA Conference, CNBC, Securities and Exchange, SEC, Caesars Entertainment, MGM Resorts, Caesars, MGM, CrowdStrike, Infrastructure Security Agency Locations: San Francisco , California
BlueVoyant’s $140 million investment round is one of the larger such transactions in the cybersecurity market this year. Photo: RSA ConferenceCybersecurity company BlueVoyant has bought Conquest Cyber, a startup focused on the government and defense sectors, its fifth acquisition since 2020. BlueVoyant Chief Executive James Rosenthal said his company also closed a Series E funding round of more than $140 million, which facilitated the acquisition. Private-equity firm Liberty Strategic Capital and cybersecurity investor Istari led the round.
Persons: BlueVoyant, James Rosenthal, Istari Organizations: Conference, BlueVoyant, Private, Liberty Strategic Capital
UK insurer Aviva posts 13% rise in nine-month premiums
  + stars: | 2023-11-16 | by ( ) www.reuters.com   time to read: +2 min
A man walks past an AVIVA logo outside the company's head office in the city of London March 5, 2009. REUTERS/Stephen Hird (BRITAIN)/File Photo Acquire Licensing RightsLONDON, Nov 16 (Reuters) - British insurer Aviva (AV.L) on Thursday posted a 13% rise in its general insurance gross written premiums for the first nine months of the year, saying it would continue to return surplus capital to shareholders. Insurers have dealt with issues such as rising inflation and the higher cost of claims by increasing premiums. The life and general insurer, whose main markets are Britain, Canada and Ireland, reported premiums of 8 billion pounds ($9.91 billion), up from 7.2 billion a year earlier. "We see significant opportunities to generate further higher return, capital-light growth in the future as we prioritise these segments."
Persons: Stephen Hird, Amanda Blanc, Blanc, Eva Mathews, Carolyn Cohn, Huw Jones, Sherry Jacob, Phillips, Jason Neely Organizations: AVIVA, REUTERS, Aviva, RSA, Reuters, Thomson Locations: London, BRITAIN, British, Britain, Canada, Ireland, Bengaluru
The lack of competition in general search tools, the government argues, deprives consumers of improved quality and choice. In that version, Microsoft planned to build search into its toolbar so that users did not need to download separate extensions to search from that part of the browser. The search engine for that module would be determined by whatever users picked in the previous version of IE. Pichai testified that to his knowledge, "not a single user" used the IE setting in the earlier version of the browser to change the search engine from Microsoft's. Google had "proposed instead that users be prompted to select the default search provider the first time they use the inline search feature," Drummond wrote in the 2005 letter.
Persons: Sundar Pichai, Pichai, Google's, David Drummond, Microsoft's, Brad Smith, Drummond, Meagan Bellshaw, Bellshaw Organizations: Apple, of Justice, Google, Microsoft
Direct Line stays in ditch but now faces right way
  + stars: | 2023-09-07 | by ( ) www.reuters.com   time to read: +2 min
Vehicles are seen on the M1 motorway in Milton Keynes following the outbreak of the coronavirus disease (COVID-19), Milton Keynes, Britain May 11, 2020. REUTERS/Andrew Boyers Acquire Licensing RightsLONDON, Sept 7 (Reuters Breakingviews) - Direct Line (DLGD.L) is still in the ditch. The good news is that the company is at least now facing the right way. Direct Line’s scope to actually exit its ditch hinges on customers swallowing the price rises it’s belatedly pushing through. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Persons: Milton Keynes, Andrew Boyers, Adam Winslow, George Hay, Hong Kong, Neil Unmack, Streisand Neto Organizations: REUTERS, Reuters, RSA, X, Hong, Thomson Locations: Milton Keynes, Britain
Companies Bp Plc FollowJuly 7 (Reuters) - Energy giant BP (BP.L) is in talks with insurers over a so-called buy-in deal for its 30 billion pound ($38.30 billion) pension scheme, the Financial Times reported on Friday. Such options include long-term insurance policies," BP Pension Fund Trustee said in an emailed statement. Companies have been trying to offload pension schemes from their balance sheets in recent years as they are expensive to run, while bulk annuity deals have provided a growing source of income for insurers. In February, Pension Insurance Corporation agreed to a pensions buy-in deal totalling around 6.5 billion pounds with insurer RSA Group, covering the pensions of 40,000 members, in the largest ever bulk annuity deal of the kind. That buy-in involved the insurer taking on the risk of the pension scheme's liabilities.
Persons: Yadarisa, Shinjini Organizations: Bp, Energy, BP, Financial Times, BP's, Fund, Pension Insurance Corporation, RSA Group, Thomson Locations: Bengaluru, Shadia, London
Young Cyber Companies Face Uncertain Economy
  + stars: | 2023-05-10 | by ( James Rundle | ) www.wsj.com   time to read: +4 min
Newer cybersecurity companies are grappling with uncertain economic conditions as they find it harder to raise capital, continue to trim their workforces and refocus on profits after long periods of chasing growth. Fed by a glut of venture-capital investment, many private cybersecurity providers hired widely and expanded their operations significantly in recent years. Newsletter Sign-up WSJ Pro Cybersecurity Cybersecurity news, analysis and insights from WSJ's global team of reporters and editors. Cybereason, a Boston-based security company, raised $100 million in Series G financing in early April, led by SoftBank. The company’s chief executive, Lior Div, was replaced by SoftBank executive Eric Gan, with Mr. Div taking on an advisory role.
Gorodenkoff | iStock | Getty ImagesThe cybersecurity world faces new threats beyond targeted ransomware attacks, according to experts at the recent RSA cybersecurity industry conference in San Francisco. McMann said hackers are now focusing on stealing customer or employee data and then threatening to leak it publicly. At the end of March, OpenAI documented a data leak in an open-source data provider that made it possible to see personal AI chat histories, payment information, and addresses. The team patched the leak in hours, but McMann said once data is out there, hackers can use it. "For example, the LastPass breach saw one of four key individuals targeted on their personal computer, through a personal public IP address getting in through an unpatched solution," he said.
SAN FRANCISCO, April 25 (Reuters) - Ukraine is working with the U.S. Federal Bureau of Investigation and American companies to collect evidence of war crimes by Russians, such as geolocation and cellphone information, senior officials said on Tuesday. "Collection of that data, analysis of that data, working through that data is something the FBI has experience working through," Kobzanets said at the RSA cybersecurity conference in San Francisco. "The next step is working with national U.S. service providers, and transferring that information...obtaining subscriber information, obtaining geolocation information, where possible," Kobzanets added. "It’s very important for us to get as much information about Russian cybercriminals...because we collect all this information and put it into our criminal cases." “We do believe that this case about cyber war crimes is something new,” he added.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPalo Alto CEO Nikesh Arora sits down one-on-one with Jim CramerNikesh Arora, Palo Alto Networks CEO, joins "Mad Money" host Jim Cramer to discuss A.I., and the impact of a slowing macro enviornment after its presentation at the RSA Conference.
Clearlake Capital, another private equity firm, invested in RSA the following year. Last year, RSA sold a majority stake in its events business, RSA Conference, to private equity firm Crosspoint Capital Partners for an undisclosed amount. Archer, headquartered in Bedford, Massachusetts, is a governance, risk and compliance software platform with over 15,000 users globally. RSA's other business divisions include identity and access management platform SecureID and threat detection and response software platform NetWitness. Archer is not the only risk management software vendor up for sale in the United States.
Insurance tech startup Superscript has raised $54 million in fresh funding. Superscript has raised fresh funds despite a downturn in the wider insurance tech market. London-based insurance tech startup Superscript has raised $54 million in fresh funding. The company, which was founded in 2015, provides insurance products to small and medium businesses (SMBs) and high-growth tech startups. Superscript's funding round was led by existing investor BHL UK, owner of Comparethemarket, with participation from insurance company The Hartford.
In that environment, crooks were easily able to impersonate jobless Americans using stolen identity information for sale in bulk in the dark corners of the internet. When Yvonne Matlock lost her job last year and applied for unemployment benefits online, she was told she was already getting relief money. Through a public records request, NBC News obtained data from the Labor Department, which funds Covid relief unemployment benefits programs, that are riddled with blank values and underestimates. ID.meMore than two-thirds of states, 34, reported no cases of identity theft overpayments in the most vulnerable unemployment benefits program. Cash App, which describes itself as "the easiest way to send money, spend money, save money, and buy cryptocurrency," has been frequently used by fraudsters to move money, law enforcement officials and private consultants said.
Misiunea de Observare Promo-LEX a făcut public cel de al cincilea raport de monitorizare a alegerilor parlamentare anticipate din 11 iulie 2021. Activitatea Comisiei Electorale Centrale (CEC) din această perioadă a fost una intensă, fiind adoptate 77 de hotărâri privind organizarea și desfășurarea scrutinului parlamentar. 4390 din 20 octombrie 2020 adoptată pentru alegerile Prezidențiale a avut un caracter disuasiv și a contribuit la diminuarea numărului de incidente de transportare organizată a alegătorilor. Cu referință la activitatea observatorilor, Promo-LEX a atestat că, aceștia nu au avut acces deplin la listele electorale. Totodată, Promo-LEX a estimat pentru toate cele șase săptămâni de campanie electorală, cheltuieli neraportate de cel puțin 10 859 900 de lei.
Persons: ., Renato Usatîi, Fiodor Ghelici, Valeriu Munteanu, Igor Dodon, Dorin Chirtoacă, Victoria Grosu, Andrei Năstase, Iurie, Vladimir Voronin, Gheorghe, Cristian Rizea Organizations: CEC, Coaliției Civice, Alegeri, Prezidențiale, SV, PDM, PRM, Agenției, Agenției Statelor Unite, Fundației Soros Moldova Locations: Coaliției, CEC, Republicii Moldova, AUR, Victoria, Victoria Grosu Vremeș, PLD, Agenției Statelor, străinătate, Regatului Țărilor de Jos, Chișinău, Republica Moldova
Activitatea Comisiei Electorale Centrale (CEC) din această perioadă a fost una intensă, fiind adoptate 77 de hotărâri privind organizarea și desfășurarea scrutinului parlamentar. 4390 din 20 octombrie 2020 adoptată pentru alegerile Prezidențiale a avut un caracter disuasiv și a contribuit la diminuarea numărului de incidente de transportare organizată a alegătorilor. Cu referință la activitatea observatorilor, Promo-LEX a atestat că, aceștia nu au avut acces deplin la listele electorale. Totodată, Promo-LEX a estimat pentru toate cele șase săptămâni de campanie electorală, cheltuieli neraportate de cel puțin 10 859 900 de lei. Celelalte cazuri de discurs de ură au afectat membrii și susținătorii ai BECS, PLD, Președinta Republicii Moldova și alți politicieni.
Persons: ., Renato Usatîi, Fiodor Ghelici, Valeriu Munteanu, Igor Dodon, Dorin Chirtoacă, Victoria Grosu, Andrei Năstase, Iurie, Vladimir Voronin, Gheorghe, Cristian Rizea Organizations: CEC, Coaliției Civice, Alegeri, Prezidențiale, SV, PDM, PRM, Agenției, Agenției Statelor Unite, Fundației Soros Moldova Locations: Coaliției, CEC, Republicii Moldova, AUR, Victoria, Victoria Grosu Vremeș, PLD, Agenției Statelor, străinătate, Regatului Țărilor de Jos, Chișinău, Republica Moldova
Lista adreselor unde au fost deschise cele 150 de secții de votare în străinătateChiar dacă ești departe de casă, dreptul de a alege rămâne dreptul tău indiferent de locul unde te afli. În acest sens, Comisia Electorală Centrală a deschis 150 de secții de votare în străinătate. #2, Dacă vrei să verifici la care secție de votare din străinătate ai fost racordat, accesează verifica.cec.md secțiunea „Verifică-te în RSA”, apoi introdu codul IDNP din 13 cifre. Vezi mai jos adresele secțiilor de votare deschise în străinătate și alege cea mai apropiată adresă de domiciliul tău. Află care sunt cele mai apropiate secții de votare și cât de aglomerate sunt acestea, accesând diaspora.cec.md.
Organizations: Electorală Centrală Locations: străinătate, Republicii Moldova, Moldova
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