Watch Out For Crypto Scams Linked To the Queen – Henry Herald
Watch Out For Crypto Scams Linked To the Queen Henry Herald
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4 Stocks to Watch From the Prospering Security Industry – September 8, 2022
The Zacks Security industry is benefiting from solid demand for cybersecurity offerings as well as the heightening need for secure networks and cloud-based applications amid growing hybrid working trends. Companies in this space are benefiting from the rising demand for IT security solutions owing to a surge in the number of data breaches. Increasing requirements for privileged access security on the back of digital transformation and cloud migration strategies are also fueling the demand for cybersecurity solutions.
Industry participants like Palo Alto Networks, Inc. (PANW – Free Report) , Fortinet, Inc. (FTNT – Free Report) , Check Point Software Technologies Ltd. (CHKP – Free Report) and Absolute Software Corporation (ABST – Free Report) are gaining from the aforementioned trends. However, the industry’s near-term growth prospects are likely to be hurt as organizations push back their investments in big and expensive technology products on growing global slowdown concerns amid the current macroeconomic challenges and geopolitical tensions. Supply-chain disruptions, component shortages, product cost inflation and a tight labor market are some of the headwinds that players in the space have been encountering lately. These, along with elevated operating expenses related to hiring employees and sales and marketing strategies to capture more market share, are likely to strain margins in the near term.
Industry Description
The Zacks Security industry comprises companies offering on-premise and cloud-based security solutions. The solutions can be used for identity access management, infrastructure protection, integrated risk management, malware analysis and Internet traffic management, to name a few. Industry participants offer different types of security solutions, most of which can be used interchangeably. These solutions can be roughly categorized into three types — Computer Security, Cybersecurity and Information Security. Computer Security solutions provide protection from vulnerabilities in both the software and hardware of a computer system….
Tech Bytes: Meta is fined, Tiktok denies hacking, new Apple Watch Pro
Meta’s big fine. Facebook’s parent company has been hit with a 400-million dollar penalty, for breaking European Union data privacy rules, because of its treatment of children’s data on Instagram. Meta says it plans to appeal the fine, setting up what could be a lengthy legal battle.
Tiktok is denying reports that it’s been hacked. A hacking group claims it breached the platform and accessed more than two billion records, including user data. But Tiktok says it found no evidence of a security breach.
Images of what may be the new Apple Watch Pro are making their way around the internet, and they appear to show the reports about a new button on the device are true. However it’s purpose isn’t known. The pictures also appear to show both a larger display and casing.
Watch now: Central Illinois universities wary of cybersecurity threats | Local Education
NORMAL — Illinois State University is working to address several potential cybersecurity weaknesses identified in its most recent state audit. The changes come as universities across the country are working in a constantly evolving cybersecurity landscape.
The audit from the Illinois Auditor General identified weakness associated with the formal information technology policies as well as more specific issues around the management of application accounts. Released May 26, the report covers the period from June 30, 2020, to June 30, 2021.
Dan Taube, chief information security officer for the university, said ISU staff members are working to address the issues brought up in the audit, and to make continual efforts toward keeping the university’s networks safe.
Taube
Those efforts include formalizing updated IT policies, which are central to making sure all 60,000 accounts that interact with the ISU network are not becoming vulnerabilities, Taube said.
“The truth about cybersecurity is it’s everyone,” he said.
Illinois State University’s financial audit summary for fiscal year 2021 from the state auditor’s office.
Other steps ISU has taken to address weaknesses include improving communication to delete accounts from some applications soon after an employee leaves the university or changes jobs.
Managing what accounts have access to certain data can help address the issue with measures such as limitations on what student accounts can access, FBI Springfield Computer Scientist Justin Harris said….