Tag Archive for: Record

These 2 High-Growth Stocks Could Power the Bull Market’s Next Record Run

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When bear markets strike, it feels like they will never end, but investors that focus on buying stocks of companies that continue to post strong revenue growth will be poised to realize sizable gains in the next bull market.

One area to hunt for promising winners is cloud computing. Spending on cloud infrastructure has remained very resilient in 2022, up 30% year over year in the third quarter. Earlier this year, Amazon Web Services CEO Adam Selipsky mentioned that cloud computing is still in the early innings of adoption. 

While the big cloud service providers like Amazon have a bright future, there are even faster-growing companies addressing specific cloud needs that could lead the market higher over the next decade. Here are two of my favorites.

Snowflake

Snowflake (SNOW -2.52%) is seeing tremendous growth by offering companies a single platform for uploading and analyzing massive amounts of data using artificial intelligence. Over the last five years, annual revenue has increased fourfold to nearly $2 billion, and management believes the business can sustain an average annual growth rate of 30% for several more years. 

Snowflake has emerged as the leading data management solution. It integrates with all the major cloud service providers, such as Amazon Web Services and Microsoft Azure. Other cloud companies also offer data analysis tools, but one metric indicates Snowflake is doing it better. For several quarters, Snowflake has maintained a very high net dollar retention rate of over 170%. This means customers spend significantly more with Snowflake after their first year on the platform — a key indicator of its value proposition.

There is a risk that large cloud service providers with greater financial resources than Snowflake could acquire or partner with other data management services to grab a bigger piece of the market, but that’s unlikely for a few reasons. Snowflake already has relationships with many Fortune 500 companies. Most importantly, Snowflake is expanding its competitive lead the more it grows. A key advantage is its data marketplace that allows customers to share and exchange data. This creates a strong incentive for clients to stick with…

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Ransomware Attacks on Pace for Another Record Year

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The number of ransomware attacks detected in the first quarter of this year doubled the total number for all of 2021.

Despite increased law enforcement pressure on ransomware gangs and an IT community that has never been more aware of the ransomware threat, ransomware detections have already doubled the total number of detections for all of 2021 in just the first quarter of this year, according to a new report from WatchGuard Technologies.

The cybersecurity firm’s researchers say it detected 2,365 ransomware attacks in the first quarter of 2022, a massive increase from the previous year’s first quarter, when the company detected just 848 ransomware attacks.

Furthermore, the total ransomware detections in the first quarter were more than all of 2021, when WatchGuard detected 1,313 ransomware attacks. That’s an 80% increase from the previous year and more than triple quarter-over-quarter.

In a statement, the company’s Chief Security Officer Corey Nachreiner said 2022 should break the record for annual ransomware detections.

“We continue to urge companies to not only commit to implementing simple but critically important measures but also to adopt a true unified security approach that can adapt quickly and efficiently to growing and evolving threats,” he said.

WatchGuard’s Internet Security Report for the first quarter also touches on Log4Shell, the remote code execution vulnerability in Log4J that sent IT and security teams scrambling late last year to find and remediate the bug in thousands of software products.

According to WatchGuard, the exploit was heavily targeted in the first quarter, with the vulnerability now considered a top 10 network attack.

In addition, the company says the notorious botnet Emotet is alive and well despite global law enforcement action. Emotet now accounts for three of the top 10 malware detections, and is the most widespread malware, according to Watchguard.

“The basics of how Emotet operates hasn’t changed,” researchers wrote in the report. “It still turns the victim’s computer into a bot where the command-and-control server has complete control.”

However, WatchGuard…

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Rave Mobile Safety announces record first quarter with growth across industries

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FRAMINGHAM, Mass.—Rave Mobile Safety (Rave), the critical communication and collaboration platform customers count on when it matters most, has announced record growth in the first quarter, with 95 percent of its business deals resulting from clients upgrading from competitive systems.

The trend underscores Rave’s success over the last 18 years helping community and business leaders prepare better, respond faster, and communicate more effectively during emergencies, in crisis situations, and planned events.

Rave’s stellar first quarter achievements come on the heels of 12 consecutive years of revenue growth and demonstrates that a wide array of organizations and businesses are increasingly relying on Rave’s easy-to-use technological solutions to communicate with key stakeholders before, during, and after adverse events.

“The challenges that state and local governments, public safety officials, and corporate leaders are facing today – whether it’s a global pandemic, natural disaster, hostile event, or any other incident that requires integrated strategies and outreach to key audiences – is of the utmost importance to those charged with safety, security, and business continuity,” Rave CEO Todd Piett said. “Rave is playing an active role in helping our clients improve their ability to respond to time-critical incidents and life safety events, as demonstrated by the number of customers choosing to replace their previous safety solutions with an upgrade to Rave.”

California Chooses Rave for Statewide Mass Notification

In February, Rave was selected by Atos Public Safety, LLC (Atos) as the Next Generation 911 (NG911) Alert and Warning System platform for the state of California. Rave was awarded the business, replacing a competitive emergency notification solution, by offering the nation’s most populous state the enhanced flexibility and configurability required for large scale events including earthquakes, wildfires, mudslides, tsunamis, civil unrest, and major sporting events. California is the ninth statewide deployment of Rave solutions.

Panic Button Use Cases Expand into the Public Sector

Rave Panic Button is currently used in K-12 schools across North…

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Keyloggers explained: How attackers record computer inputs

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What is a keylogger?

A keylogger is a tool that can record and report on a computer user’s activity as they interact with a computer. The name is a short version of keystroke logger, and one of the main ways keyloggers keep track of you is by recording what you type as you type it. But as you’ll see, there are different kind of keyloggers, and some record a broader range of inputs.

Someone watching everything you do may sound creepy, and keyloggers are often installed by malicious hackers for nefarious purposes. But there are legitimate, or at least legal, uses for keyloggers as well, as parents can use them to keep track of kids online and employers can similarly monitor their workers.

What does a keylogger do?

The basic functionality of a keylogger is that it records what you type and, in one way or another, reports that information back to whoever installed it on your computer. (We’ll go into the details in a moment.) Since much of your interactions with your computer—and with the people you communicate with via your computer—are mediated through your keyboard, the range of potential information the snooper can acquire by this method is truly vast, from passwords and banking information to private correspondence.

Some keyloggers go beyond just logging keystrokes and recording text and snoop in a number of other ways as well. It’s possible for advanced keyloggers to:

  • Log clipboard text, recording information that you cut and paste from other documents
  • Track activity like opening folders, documents, and applications
  • Take and record randomly timed screenshots
  • Request the text value of certain on-screen controls, which can be useful for grabbing passwords

What types of keyloggers are there and how do they work?

The term “keylogger” covers a wide variety of tools, some of which produce the same results in wildly different ways. We’ll drill down into the different types and talk a little bit about how they work.

The first general category is keylogger software. These are programs that live on your device and record your keystrokes and other activity.

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