Cybersecurity

The U.S government issued fresh warnings last week of a potential cyberattack by Russia in response to the harsh economic sanctions imposed on the country due to its invasion of Ukraine. The warnings were delivered after Russian hackers attempted to disable the power grid that serves over...

DiDi Global Inc (NYSE: DIDI) is preparing to delist from the New York Stock Exchange (NYSE), according to a Reuters report. What Happened: The company announced that it will hold an extraordinary general meeting (EGM) on May 23 to vote on its delisting plans. DiDi said that it is going to...

Ukrtelecom, a Ukrainian telecommunications company, said it was hit with a cyberattack on Monday that sent the company’s services down across the entire country. What Happened: Cybersecurity watchdog NetBlocks posted data via Twitter that showed the real-time network connectivity had...

On Monday President Joe Biden said “based on evolving intelligence, Russia may be planning a cyber attack against us [United States].” What Happened: The Biden administration said it gathered intelligence over the weekend that suggested Russia could be planning a cyberattack against the...

BlackBerry Limited (NYSE: BB) said on Sunday that 13 channel partners, including distributors and value-added integrators, will offer its Jarvis 2.0 testing tool to companies in the Asia Pacific region.  What Happened: The partners — which include several firms...

Julie Gillespie, Head of Market Research, TipRanks The last few years have shown us that society and the world at large can unravel at an astonishing rate. Just as the COVID-19 pandemic seemed to be winding down and a return to normalcy returning, a reality check has reared its ugly head. ...

Crowdstrike Holdings Inc (NASDAQ: CRWD) shares jumped more than 13% on Thursday morning after the company's earnings and guidance topped Wall Street's expectations. On Wednesday, CrowdStrike reported fourth-quarter adjusted EPS of 30 cents on revenue of $431 million. Both numbers topped...

Shares of Okta Inc (NASDAQ: OKTA) have lost 42% over the past six months, while the company’s organic growth remains strong, according to Mizuho Securities. The Okta Analyst: Gregg Moskowitz upgraded the rating for Okta from Neutral to Buy, while keeping the price target unchanged at $225....

CrowdStrike Holdings, Inc (NASDAQ: CRWD) and Palantir Technologies, Inc (NYSE: PLTR) shot up on Feb. 24 after gapping down to start that day, after traders and investors woke up to find out Russia had begun its invasion into Ukraine. The price action since then appears to indicate a reversal to the...

Russia’s invasion of Ukraine has raised concerns about cyberattacks to a fever pitch. In the United States, banks and major corporations are reinforcing up their cybersecurity protocols in the anticipation of a greater number of hacking attempts.  "With the Ukraine conflict now...

The cybersecurity sector showed signs of life on Feb. 24, as investors lifted the share prices of pivotal stocks in response to the full-scale invasion of Ukraine.  What happened: Geopolitical tensions in Eastern Europe continue to churn as reports surface that Belarus may be preparing to...

The Ukrainian crisis is widely expected to have a modest negative impact on multinationals with exposure to the eastern European country. An analyst at Wedbush, meanwhile, sees the cybersecurity sector as a potential beneficiary of the adversity. Brace For More Cyberattacks: Russian state-...

An ethical hacker, who potentially saved the entire cryptocurrency market from disaster by discovering a flaw in Coinbase Global Inc (NASDAQ: COIN) platform, has been paid a reward by the latter.  What Happened: The hacker, who goes by the handle “Tree of Alpha” on Twitter,...

In July 2020, I wrote a piece on cybersecurity stocks after yet another cybersecurity attack by China and Russia. In that article, I picked some of the stocks in that space poised for liftoff. I will not go through the tedious process of telling you where these stocks were and compared to where...

By: Frances Zelazny, co-founder and CEO, Anonybit 2021 has been a banner year for cybersecurity issues for financial technology (fintech) companies as they push the boundaries of innovation. Ransomware incidents are up 64% year-over-year while the average mobile bank payment has increased by 82%....