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Security

INFY

Infosys McCamish Systems has experienced a cybersecurity event affecting certain applications. The company is collaborating with a top cybersecurity firm to address the issue and investigate potential impacts on their systems and data.

Portfolio Pulse from Charles Gross

November 03, 2023 | 10:36 am

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Russia's Wagner Group is reportedly considering supplying an air defense system to Hezbollah, which could significantly impact the ongoing conflict between Israel and Hamas. North Korea is also reportedly considering supporting the Palestinian cause. Meanwhile, the Israeli Defense Forces have made significant progress in Gaza City. In the financial markets, Israeli stocks and the Israeli shekel have appreciated, while the US dollar has faced losses.

Portfolio Pulse from Piero Cingari

November 02, 2023 | 7:46 pm

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A Chinese court has sentenced 21 people for online fraud involving the movement of $307 million in Tether (USDT) to local P2P exchanges for conversion to Renminbi. The funds were later withdrawn in traditional currency under false pretenses. The source of the USDT is unknown, but it is a popular digital asset used by fraud rings in Southeast Asia. This comes after China lifted its ban on non-fungible tokens (NFTs) and declared all cryptocurrency transactions as illegal in September 2021.

Portfolio Pulse from Khyathi Dalal

November 02, 2023 | 6:47 pm

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US Secretary of State, Blinken, has expressed deep concern over Russia's planned action to withdraw its ratification of the Comprehensive Nuclear-Test-Ban Treaty, according to Reuters.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 5:22 pm

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Robinson Burkey of the Wormhole Foundation has commented on the trial of FTX founder Sam Bankman-Fried, stating that a conviction would be positive for the crypto industry. Burkey believes that the case will help distinguish the innovative technology of crypto from fraudulent activities. He also highlighted the robust nature of Bitcoin (CRYPTO: BTC) and its readiness for greater decentralized finance (DeFi) integration. Burkey also discussed the need for 'defense in depth' security measures to safeguard the DeFi space.

Portfolio Pulse from Murtuza Merchant

November 02, 2023 | 4:43 pm

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Traders are circulating a post stating that Lebanon's Hezbollah has attacked 19 positions in Israel along the border with Lebanon, according to a senior Hezbollah source. The news could potentially impact the performance of certain ETFs.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 4:41 pm

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The U.S. intelligence has reported that the Wagner Group, a Russian paramilitary group, may provide an air defense system, the SA-22, to Hezbollah, a Lebanese militia. The SA-22 system uses anti-aircraft missiles and air defense guns to intercept aircraft.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 3:53 pm

OKTA

Okta, a cloud identity and access management solutions provider, has suffered a data breach impacting nearly 5,000 employees. The breach exposed personal information including full names, social security numbers, and health insurance plan numbers. The breach was a result of a network breach at Rightway Healthcare, which provides healthcare coverage for Okta employees. This is the latest in a series of breaches Okta has suffered over the past two years.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 2:36 pm

PRGS

Progress Software (NASDAQ:PRGS), a producer of enterprise software products, has been highlighted in a report by The Bear Cave due to a significant data breach involving its secure file transfer service, MOVEit. The breach, which is believed to affect the privacy of millions of Americans and compromise important government agencies, was discovered on May 30, 2023. The U.S. Cybersecurity & Infrastructure Security Agency (CISA) and the FBI have released an advisory on the issue, and the U.S. Department of State has offered a reward of up to $10 million for information linking the breach to a foreign government.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 2:32 pm

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U.S. Treasury Secretary Janet Yellen has stated that the U.S. will pursue economic integration with the Indo-Pacific region, while still protecting national security interests through targeted actions where necessary.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 1:50 pm