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☆ Biden admin, US ports prep for cyberattacks as nationwide infrastructure is targeted
▼ + stars: | 2024-04-17 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +6 min

Anne Neuberger, Deputy National Security Advisor for Cyber and Emerging Technology, cited President Biden's signing in February of an executive order to strengthen the cybersecurity of U.S. ports . The nation's port system is the main point of entry for trade, employs 31 million people, and generates over $5.4 trillion for the U.S. economy. One of the key areas of concern for the Biden administration and the executive order is the security of Chinese-manufactured cranes. Biden administration officials recently warned the nation's governors about the threat to water systems. Isles said it is important to identify the critical safety and business systems at the nation's ports.

Persons: Seroka, Gene Seroka, Anne Neuberger, Biden's, Biden cybersecurity, Neuberger, Biden, Christopher Wray, Google's, Mandiant, Adam Isles, order's rulemaking Organizations: Department of Transportation Maritime Administration, Security Operations Center, National, Technology, Biden, Coast Guard, U.S, Mitsui, FBI, Congress, Chertoff Group, American Association of Port Authorities, CNBC, Port Locations: Angeles Harbor, United States, of Los Angeles, of, Angeles, U.S, China, State, Texas, Muleshoe, Cannon, Clovis , New Mexico, Iran, Pennsylvania, cybersecurity, Port of Los Angeles

☆ China making 'concerted effort' to dominate critical US ports equipment, Biden official says
▼ + stars: | 2024-02-29 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +7 min

SUZHOU, CHINA - FEBRUARY 27: A gantry crane hoists vehicles for export at Taicang Port's International Container Terminal on February 27, 2024 in Suzhou, Jiangsu Province of China. Gene Seroka, executive director of the Port of Los Angeles, told CNBC that Biden's executive order is a wake-up call for the port and supply chain industry. "The bottom line is that today's high-tech cranes can collect data and that is why this executive order is so important," said Seroka. "It's no secret that China has both the capability and the intent to challenge the rules based trade system. The Biden administration has positioned the executive order as part of a "whole government approach" in securing the nation's ports.

Persons: Biden, Christa Brzozowski, ZPMC, Gene Seroka, Brzozowski, Carlos Gimenez, John Vann, Vann, Wayne R, Arguin Jr, Arguin Organizations: Taicang, Getty, Department of Homeland Security, Homeland Security, Coast Guard, Transportation, Maritime Security, Shanghai Zhenhua Heavy Industries Co, Capitol, CNBC, Cyber Security Operations Center, Guard, White, Resilience, of Commerce, Defense, Coast Guard Cyber Command, US Coast Guard, U.S Locations: SUZHOU, CHINA, Suzhou, Jiangsu Province, China, Capitol, United States, U.S, Republic of China, Shanghai, Beijing, Capitol Hill, of Los Angeles, Los Angeles

☆ Why Palo Alto Networks hitting $100 billion in market value is just the beginning
▼ + stars: | 2023-12-29 | by ( Morgan Chittum | ) www.cnbc.com time to read: +5 min

Palo Alto Networks this month became the first cybersecurity company to eclipse $100 billion in market value. Palo Alto is the "winner and new champion of cybersecurity," Jim Cramer said recently. Shares of Palo Alto have more than doubled in price throughout 2023, up a whopping 116%. Although AI is not a core part of the Club's investment thesis for Palo Alto, we like management's progress in this fast-growing business. Arora Nikesh, Palo Alto Networks CEO & Chairman at the WEF in Davos, Switzerland on May 23rd, 2022.

Persons: Nikesh Arora, Jim Cramer, Arora, Jim, billings, Morgan Stanley, Jim Cramer's, Arora Nikesh, Adam Galica Organizations: Palo Alto Networks, Federal, Palo, The Securities, Exchange Commission, Operations Centers, CNBC Locations: Palo, cybersecurity, Palo Alto, Alto, Davos, Switzerland

☆ CrowdStrike CEO talks generative AI, cybersecurity and new 'virtual security analyst'
▼ + stars: | 2023-09-06 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

George Kurtz, CEO of cybersecurity company CrowdStrike , spoke with CNBC's Jim Cramer on Wednesday about the company's focus on automation and the use of generative artificial intelligence to launch Charlotte AI, a "virtual security analyst." "Generative AI is a new type of artificial intelligence, and essentially Charlotte AI is our, is our virtual security analyst," Kurtz said. Kurtz explained that Charlotte AI can help automate the duties of a security operations center (SOC) analyst, or someone who deals with cybersecurity duties on a day-to-day basis. The program is intended to lessen mundane work that analysts perform, turning tasks that may have taken hours into ones that take only minutes, he said. According to Kurtz, analysts can have conversations with Charlotte AI and ask questions about security threats in the environment, how it applies to their industry, what assets are at risk, how to fix those assets — and even create a report about the situation.

Persons: George Kurtz, CrowdStrike, CNBC's Jim Cramer, Kurtz, Charlotte, it's, Charlotte AI, we've Organizations: Charlotte

☆ 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

☆ U.S. to Provide $25 Million to Costa Rica for Cybersecurity
▼ + stars: | 2023-03-29 | by ( James Rundle | ) www.wsj.com time to read: +3 min

The U.S. will provide cybersecurity support to the government of Costa Rica, officials said, almost a year after a ransomware group laid siege to its critical infrastructure and triggered a state of emergency. The funds will also help Costa Rica with strategic and technical cyber planning, training, hardware and software licenses, the official said. The official said the U.S. government believes Costa Rica’s support for Ukraine may have been a factor in Conti’s attack, as the group previously expressed its support for the Russian government’s invasion. PREVIEWThe grant to Costa Rica follows similar efforts from the U.S. to assist Albania in recovering from a cyberattack, which the federal government has since linked to Iran. Costa Rica has applied to join this initiative, which comprises 36 countries and the European Union, the official said.

☆ Mistakes by the US's top spies allowed China to turn a deadly mid-air collision into an intelligence coup
▼ + stars: | 2023-03-22 | by ( James Bamford | ) www.businessinsider.com time to read: +36 min

On April 1, 2001, a US EP-3 spy plane collided with a Chinese fighter jet over the South China Sea. One of eleven left in the fleet, the tired 1960s-era spy plane bristled with porcupine-like antennas. Within minutes, however, the fighters had reached the lumbering spy plane, and while Zhao Yu hung back about a half-mile, Wang Wei rapidly closed in. In severe trouble, he immediately radioed the base, telling them he was unable to maneuver and being sucked in by the spy plane. "You are not allowed aboard the aircraft," Osborn said.

☆ This cybersecurity stock could be one of the next under-the-radar A.I. plays, analysts say
▼ + stars: | 2023-02-23 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

But don't underestimate Palo Alto Networks as one of the next big AI plays, at least in the enterprise space, some analysts say. Analysts this week highlighted the cybersecurity provider and its central AI role on the heels of a strong earnings report and guidance lift that pushed shares up more than 12% during Wednesday's trading session. The drive for AI resources has overtaken Wall Street in recent weeks after the blowout launch of ChatGPT in late 2022. During an earnings call with analysts this week, CEO Nikesh Arora commented on Palo Alto Networks AI push, calling the software company one of the "best positioned" to utilize machine learning to enhance security. Along with a slew of cybersecurity and software names, Baird's Shrenik Kothari also named Palo Alto Networks a top AI pick , citing its use of machine learning to detect and respond to security threats.

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