Cybersecurity firm Fortinet Inc. today announced FortiSP5, new application-specific integrated circuit technology that promises to accelerate the convergence of networking and security across every network edge. Built on more than 20 years of ASIC investment and innovation from Fortinet, FortiSP5 is said to deliver secure computing power advantages over traditional central processing units and network ASICs. The new ...

VMware Inc. and government agencies in Europe are warning users of VMware’s ESXi hypervisors today to ensure their software is up to date following the emergence of a widespread ransomware campaign targeting unpatched installs. The attacks first emerged late last week and target a vulnerability in VMware ESXi servers that was patched in 2021, officially ...

Application programming interface security startup Cequence Security Inc. today announced enhanced testing capabilities within its Unified API Protection Platform. The new API Security Testing framework encourages so-called “shift-left” efforts, giving security and development teams tools to uncover and remediate API vulnerabilities in preproduction environments that could otherwise lead to business disruption when they go into production. Using the ...

Apple Inc. may be considering a new high-end Ultra model iPhone in 2024, according to Mark Gurman at Bloomberg, based on comments made by Chief Executive Officer Tim Cook on a Feb. 2 investor call following the company’s quarterly earnings report. Cook said on the call in response to a question from Wamsi Mohan of Bank ...

The LockBit ransomware gang has claimed responsibility for an attack on financial services company ION Trading UK Ltd. that has forced derivatives traders to resort to manually processing trades. In a statement, ION described the attack as a “cybersecurity event” that commenced Tuesday, affecting some services in the ION Cleared Derivatives division. The incident is ...

Identity access management company Okta Inc. and online collaborative whiteboard startup Miro today became the latest two companies to announce layoffs amid the biggest layoffs in the tech industry in more than 20 years. Okta is laying off 5% of its workforce, about 300 employees, citing macroeconomic challenges as its motivating factor. Chief Executive Officer ...

Enterprise software provider OpenText Corp. today reported mixed quarterly results following the completion of its purchase Wednesday of Micro Focus International plc. For its fiscal 2023 second quarter, OpenText reported earnings before costs such as stock compensation of 89 cents per share, flat with a year ago. Revenue rose 2.4%, to $897.4 million. Analysts had ...

Shares in Atlassian Corp. fell in after-hours trading today despite the Australian software company reporting better-than-expected earnings results. For its fiscal second quarter ended Dec. 31, Atlassian reported a net income of $114.7 million, or 45 cents per diluted share, up from $110.4 million ,or 43 cents per share, in the same quarter of last ...

A new campaign from the infamous North Korean hacking group Lazarus has been found to be actively targeting public and private sector research organizations, the medical research and energy sector and their supply chain. Detailed today by security researchers at cybersecurity solution provider WithSecure Oyj, the campaign was first detected in the fourth quarter of ...

Data analytics firm Splunk Inc. and electric car maker Rivian Automotive Inc. announced layoffs today amid what is shaping up to be the biggest job cuts in the tech industry since the end of the dot-com bubble in the early 2000s. Splunk is cutting 4% or about 325 employees, most in its North American offices. ...