Cybersecurity

Fortinet Inc (NASDAQ: FTNT) was featured as the call of the day Tuesday on CNBC's "Fast Money Halftime Report." What Happened: Wells Fargo analyst Andrew Nowinski initiated coverage on Fortinet with an Overweight rating and announced a price target of $380....

With an expanding product portfolio, Okta Inc (NASDAQ: OKTA) is poised to gain a share in the growing market for identity and access management (IAM), estimated at $40 billion, according to Morgan Stanley. The Okta Analyst: Hamza Fodderwala upgraded the rating for Okta from Equal-Weight to...

BlackBerry Ltd (NYSE: BB) shares rose over 6% in the after-hours trading on Wednesday after the company beat quarterly revenue expectations. What Happened: BlackBerry’s second-quarter earnings per share came in at a negative $0.06, which beat the estimated EPS of negative $0.07. See Also: How...

Fortinet Inc.’s (NASDAQ: FTNT) strong execution is likely to continue in coming years, according to Stifel. The Fortinet Analyst: Adam Borg initiated coverage of Fortinet with a Buy rating and a target price of $355. The Fortinet Thesis: Despite the recent rally year to date, the stock...

Another DeFi hack has resulted in the loss of $12.7 million worth of Bitcoin (CRYPTO: BTC) from a cross-chain DeFi protocol. What Happened: Earlier today, pNetwork (CRYPTO: PNT) reported that a hacker exploited a bug in the protocol’s codebase and made off with 277 pBTC (tokenized Bitcoin)...

The Ethereum (CRYPTO: ETH) blockchain successfully evaded a network attack on Tuesday. What Happened: Marius Van Der Wijden, an Ethereum researcher and Go Ethereum software client developer, revealed the failed attack on Twitter. Someone unsuccessfully tried to attack #ethereum today by...

The number of IPOs launched in the second half of 2021 fell due to a lower number of SPAC IPOs. Traditional IPOs rebounded and saw eight listings that raised $1 billion or more. IPO Offerings: There were 1,708 IPO offerings that raised $251.68 billion in the second quarter. This was a drop from the...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. The world is facing another pandemic alongside COVID: cyber-attacks. In 2020, malware and ransomware exponentially surged by 358% and 435...

Apple Inc (NASDAQ: AAPL) is set to create a program focused on making security improvements across its technology supply chains as the iPhone maker and fellow tech giants double down on cybersecurity, CNBC reported Wednesday. What Happened: The increased commitment of tech giants comes after they...

Wedbush analyst Daniel Ives said on Tuesday that President Joe Biden’s summit on cybersecurity is a step in the right direction and presents a major growth opportunity for vendors in the space. The Analyst Take: Well-positioned cybersecurity vendors such as Fortinet Inc (NASDAQ:...

BlackBerry Ltd (NYSE: BB) shares closed nearly 10% higher on Tuesday and extended gains in the after-hours trading. What Happened: The Canadian cybersecurity, software, and services company’s shares closed 9.47% higher at $11.10 in the regular session on Tuesday. In the after-hours...

Amazon.com Inc (NASDAQ: AMZN) CEO Andy Jassy is among key Big Tech executives who will meet President Joe Biden at a White House meeting on Wednesday to discuss efforts to boost the country’s critical defenses against cyber threats, Reuters reported on Tuesday, citing a source.  What...

When the LockBit ransomware gang announced it had hit maritime fuel provider Petrologis Canarias earlier this month, the hackers proclaimed the cyberattack "Colonial Pipeline 2.0" with an added wink emoji. Unfortunately for the hackers, it could never have lived up to the massive disruption of the...

Apple Inc (NASDAQ: AAPL) is not giving up on a copyright case it lost against the security firm Corellium that makes computer-based iPhone simulations for researchers, Reuters reported Wednesday. What Happened: The Tim Cook-led company reportedly appealed the case in which it had alleged that...

Apple Inc (NASDAQ: AAPL) settled a federal lawsuit against the security firm Corellium on Tuesday, the Washington Post reported. What Happened: The Tim Cook-led company’s case was slated to go on trial in a Florida federal court on Aug. 16, as per the Post. The 2019 lawsuit pertained to...