Duncan Riley
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Extreme Networks shares surge on solid earnings and revenue beats
Shares in Extreme Networks Inc. rose almost 9% today after the networking company reported solid earnings and revenue beats in its fiscal fourth quarter, bucking a swoon in the tech-heavy Nasdaq index. For its fiscal fourth quarter that ended June 30, the company reported adjusted earnings per share of 33 cents, up from 15 cents ...
PayPal and Robinhood shares slide despite earnings and revenue beats
Shares in both PayPal Holdings Inc. and Robinhood Markets Inc., who financial technology leaders, fell by just over 7% in late trading despite both companies reporting earnings and revenue beats in their quarterly financial reports. For its fiscal second quarter ended June 30, PayPal reported earnings before certain costs of $1.16 per share, up 24% from 93 ...
Torq Socrates agent leverages AI for comprehensive threat analysis
No-code automation platform startup Torq Ltd. today announced the launch of Torq Socrates, a Tier-1 analysis artificial intelligence agent designed to transform security operations. Torq Socrates uses AI to hyper automate key security operations activities, such as alert triage, contextual data enrichment and incident investigation, escalation and response. The service combines intelligence signals from across an organization’s security ecosystems to drive autonomous remediation ...
Lineaje unveils ‘BomBots’ to simplify software maintenance and security
Software supply chain management startup Lineaje Inc. today introduced “BomBots,” artificial intelligence-based automation bots designed to address critical software maintenance and security concerns. BomBots leverage Linaje AI to create “intelligent recommendations” that enable developers and security analysts to make better decisions that result in more secure and efficient software. With the recommendations, software producers can reduce the ...
Ermetic announces CNAPPgoat, a new open-source project for cloud security testing
Cloud infrastructure security company Ermetic Ltd. today announced CNAPPgoat, an open-source project that allows organizations to test their cloud security skills, processes, tools and posture safely in interactive sandbox environments. Set to be officially presented at the DEF CON hacker conference Demo Labs event on Aug. 11, CNAPPgoat enables organizations to evaluate their cloud-native application protection ...
Solvo introduces SecurityGenie, a prompt-based cloud security solution
Adaptive cloud infrastructure security solutions startup Solvo today announced the launch of SecurityGenie, a prompt-based cloud security solution with instant and precise answers to cloud security questions, eliminating time-consuming manual searches. Powered by technology from OpenAI LP, SecurityGenie uses natural language processing to assist security engineers and executives in quickly identifying and remediating security risks such as misconfigurations, vulnerabilities and ...
Location intelligence insights company Local Logic raises $13M
Location intelligence insights company Local Logic today announced that it has raised $13 million in new funding to accelerate its predictive capabilities, which allow users to predict latent demand for housing and understand how neighborhoods evolve. Founded in 2014 as Enterprise Nexmoov Inc., Logic Logic offers a location intelligence platform that digitizes the built world to make ...
Mitiga report reveals unique way to abuse AWS Systems Manager agent
Updated Aug. 4 with comment from Amazon A new report today from cloud incident response company Mitiga Security Inc. details a new potential post-exploitation technique involving Amazon Web Services Inc.’s System Manager agent. The exploit involves the potential for the SSM agent to be used as a remote access trojan or RAT virus on both Linux ...
Akamai’s new API Security solution seeks to combat rising cyberthreats
Content delivery network and cloud services provider Akamai Technologies Inc. today announced a new application programming interface security solution designed to combat increasing API attacks and identify business logic abuse within APIs. API Security uses technology gained by Akamai from its purchase of API detection and response platform provider Neosec Inc. earlier this year. API Security works with any ...
Cisco’s new XDR features strengthen cyber resilience against ransomware
Networking giant Cisco Systems Inc. today announced that it has added ransomware detection and recovery support to its extended detection and response solution, bringing near real-time recovery for business operations after a ransomware attack. Cisco announced its XDR service in April, introducing deep telemetry and visibility across network and endpoints. The addition of ransomware protection is centered ...