Streetbeat News

Security

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President Biden announced the signing of an aid bill for Ukraine, Israel, and Taiwan, stating it marks a great day for world peace and will enhance safety both for America and globally.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 2:59 pm

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Changpeng Zhao, founder and former CEO of Binance, faces a potential 3-year prison sentence as the DOJ seeks a harsher punishment than the 18-month plea agreement, citing national security concerns due to Binance's facilitation of illicit transactions. Zhao's defense argues for probation, highlighting his lack of specific knowledge of illegal activities and the relative scale of sanctions violations. Zhao apologizes for his oversight in compliance controls at Binance.

Portfolio Pulse from Murtuza Merchant

April 24, 2024 | 11:49 am

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UnitedHealth Group (NYSE:UNH) paid a ransom following a February cyberattack on its subsidiary, Change Healthcare, compromising personal data. Despite not disclosing the ransom amount, the breach's severity is highlighted by UnitedHealth's extensive customer base and Change Healthcare's significant transaction volume. UnitedHealth is collaborating with law enforcement and cybersecurity firms, has taken steps to support affected individuals, and is monitoring for data leaks, with 22 screenshots of compromised files identified on the dark web. UNH shares dropped 1.16% to $485.52.

Portfolio Pulse from Vandana Singh

April 23, 2024 | 7:09 pm

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The Pentagon has urged the Iraqi government to take all necessary measures to protect U.S. forces stationed in the country, according to Reuters.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 6:54 pm

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UnitedHealth Group CEO, Andrew Witty, is scheduled to attend a U.S. Senate Committee on Finance hearing on April 30, 2024, to discuss the Change Healthcare cyber attack and its implications for the future of healthcare cybersecurity.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 6:13 pm

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The U.S. is reportedly preparing a $1 billion weapons package for Ukraine, pending the passage of an aid bill, according to Reuters citing two U.S. officials. This development is part of the ongoing support from the U.S. to Ukraine amidst its conflict.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 2:44 pm

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Major AI developers, including Google (GOOG, GOOGL) and Meta Platforms (META), have agreed to implement new safety measures aimed at combating child exploitation. This initiative is part of a broader effort to address the growing concerns over the misuse of AI technology in harmful activities. The companies have committed to enhancing their AI systems to better detect and prevent the spread of content related to child exploitation.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 1:05 pm

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SEALSQ has expanded its protection services for luxury and valuable assets through the introduction of patented advanced digital certification and NFT technology. This move aims to enhance the security and verification processes for high-value items, leveraging blockchain technology for authenticity verification.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 1:01 pm

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CyberArk has launched a UAE-hosted Identity Security Platform, enhancing its support for the data sovereignty needs of key industries in the region. This move demonstrates CyberArk's commitment to helping UAE organizations protect against attacks on human and machine identities.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 12:27 pm

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Spot Bitcoin ETFs experienced a $35M net inflow on their first trading day post-halving, with Ark Invest predicting a significant rally for Bitcoin. Trump criticized Biden for allegedly favoring Meta, while US markets saw mixed results and political tensions continue. Nvidia's chips reached China despite a US ban, and Microsoft challenges OpenAI with a new AI model. Tesla faces scrutiny over its growth strategy and advertising, while Boeing deals with production and safety challenges. Visa and UBS Group are making strategic financial moves, and California celebrates a renewable energy milestone.

Portfolio Pulse from Akanksha Bakshi

April 23, 2024 | 12:15 pm