It was a solid day for security-related companies across equities markets, as Fortinet Inc., Cloudflare Inc., NortonLifeLock Inc. and Netscout Systems Inc. today reported better-than-expected quarterly earnings results. Fortinet For the quarter ended Sept. 30, Fortinet reported total revenue of $867.2 million, up 33% year-over-year, while profit before costs such as stock compensation came in at ...

Shares in Square Inc. dropped in after-hours trading today after the financial services company reported lower-than-expected revenue in its latest earnings report. For the quarter ended Sept. 30, Square reported revenue of $3.84 billion, up 27% from $3.03 billion in the same quarter of 2020. Revenue from bitcoin came in at $1.82 billion, up from ...

Uber Technologies Inc. delivered a mixed bag of results in third-quarter earnings, with the ride-hailing giant reporting its first adjusted profit while also having to write down its stake in Didi Global Inc. For the quarter ended Sept. 30, Uber reported revenue of $4.8 billion, up 72% year-over-year and up from $3.93 billion in the ...

A U.S. medical school has been found to be exposing tens of thousands of student records online in the latest case of misconfigured cloud storage. Discovered and detailed today by Noam Rotem and Ran Locar at vpnMentor, the breach involved data that belonged to Phlebotomy Training Specialists. Phlebotomy is the process of using a needle ...

Shares in Rapid7 Inc. hit a record high in after-hours trading today after the cybersecurity company delivered better-than-expected results in its third-quarter earnings report. For the quarter ended Sept. 30, Rapid7 reported revenue rose 33% from a year ago, to $139.9 million. It also reported a profit before costs such as stock compensation of six ...

Open-source browser fingerprinting startup FingerprintJS Inc. said today it has raised $32 million in new funding to accelerate the development of additional developer tools, including a JavaScript bot detection application programming interface. Craft Ventures led the Series B round. Also participating in the round were Nexus Venture Partners and Uncorrelated Ventures. Founded in 2019, FingerprintJS offers browser fingerprinting APIs ...

A member of the BlackMatter ransomware gang claims that the group is shutting down after increased pressure from authorities. The group was founded earlier this year and is a successor to the DarkSide ransomware gang that shut down in May. DarkSide was best known for its ransomware attack on Colonial Pipeline Co. and donating part of their ill-gotten ...

Cybersecurity attacks targeting large enterprises are hardly new in 2021, but a new study has found that more than half of large companies are not effectively stopping cyberattacks. The new research study from Accenture plc, based on a survey of more than 4,700 enterprise security practitioners globally, found that 55% of large companies are not effectively stopping ...

IBM Security today announced that it has entered an agreement to acquire endpoint security platform startup ReaQta BV for an undisclosed price. Founded in 2014, ReaQta offers an endpoint security platform that leverages artificial intelligence to identify and manage threats while remaining undetectable to adversaries automatically. The company’s Active Defense Intelligence Platform provides clients with advanced ...

Shares in Lyft Inc. surged in after-hours trading today after it reported stronger-than-expected third-quarter earnings. For the quarter ended Sept. 30, Lyft reported revenue jumped 73% from a year ago, to $864.4 million. Adjusted earnings before interest, taxes, depreciation and amortization in the quarter came in at $67.3 million, or five cents per share. This compares ...