Streetbeat News

Security

EVLV

Omnilert, a leader in active shooter solutions, has partnered with Evolv Technology to integrate its AI visual gun detection software into the newly announced Evolv Extend. The software can identify a weapon in less than a second and initiate a robust response such as locking doors, contacting police, and notifying staff. The alerts are sent to onsite security staff positioned near the Evolv Express system, allowing them to swiftly implement emergency operational procedures.

Portfolio Pulse from Happy Mohamed

September 07, 2023 | 5:08 pm

PDD

PDD Holdings Inc. (NASDAQ:PDD) shares are trading lower after Grizzly Research released a report claiming that the company's TEMU shopping app is spyware. The report also alleges that PDD Holdings intends to sell its customers' data and accuses the company of unreliable financial reporting.

Portfolio Pulse from Erica Kollmann

September 07, 2023 | 4:03 pm

PDD

Grizzly Research has issued a short report on PDD Holdings, alleging that the company is fraudulent and its shopping app TEMU is hidden spyware posing a security threat to U.S. national interests. The report claims that TEMU has hidden functions allowing for extensive data exfiltration and has been downloaded over 100 million times in the U.S. and Europe. Grizzly Research also suspects that TEMU is selling stolen data from Western customers. Furthermore, the report criticizes PDD's financials as unreliable and indicates that its China business is rapidly declining.

Portfolio Pulse from Happy Mohamed

September 07, 2023 | 2:35 pm

MSFT

Microsoft Corp (NASDAQ:MSFT) has admitted that a series of technical errors, including the hacking of one of its engineers, resulted in the Chinese government gaining access to the emails of high-ranking officials in the Biden administration. The cyber-espionage attack compromised the unclassified email systems of State Department officials. Approximately 25 organizations fell victim to this breach. Microsoft's disclosure comes after facing scrutiny for its security practices.

Portfolio Pulse from Anusuya Lahiri

September 07, 2023 | 1:36 pm

NET

Cloudflare, Inc. (NYSE:NET) has announced the Cloudflare One Data Protection Suite, a set of advanced security solutions designed to protect data across web, SaaS, and private applications. The suite is powered by Cloudflare's Security Service Edge (SSE) and aims to streamline compliance in the cloud, mitigate data exposure and loss of source code, and secure developer and AI environments from a single platform.

Portfolio Pulse from Happy Mohamed

September 07, 2023 | 1:18 pm

AMZN

BKYI

BIO-key International, Inc. (NASDAQ:BKYI) has been accepted into the Amazon Web Services (AWS) Independent Software Vendor (ISV) Accelerate Program. This marks a significant milestone for BIO-key in providing advanced biometric security solutions on AWS. As a member of this program, BIO-key will access a wide range of resources and benefits, including technical enablement, go-to-market support, and co-selling opportunities.

Portfolio Pulse from Happy Mohamed

September 07, 2023 | 1:15 pm

RPD

Rapid7 has partnered with the University of South Florida (USF) on a cyber training initiative, funded by a $1.5 million grant from the Office of Naval Research and the National Science Foundation. The initiative aims to develop new cybersecurity training methods and tools.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 12:45 pm

GD

IPX

OSK

IperionX Limited has signed a Test Services Agreement with the U.S. Army Combat Capabilities Development Command Ground Vehicle Systems Center (DEVCOM GVSC) to produce high-strength titanium plate components for testing. The results may be relayed to U.S. DoD contractors, including General Dynamics Corporation, BAE Systems, Inc., American Rheinmetall Defense, Inc., and Oshkosh Corporation. IperionX aims to re-shore a fully integrated titanium supply chain to the U.S., reducing reliance on imports.

Portfolio Pulse from Happy Mohamed

September 07, 2023 | 12:43 pm

HON

Honeywell (NASDAQ:HON) has become the first company to integrate quantum-computing-hardened encryption keys into smart utility meters, using Quantinuum's Quantum Origin technology. This move is aimed at enhancing data security against advanced cybersecurity threats in the utilities sector. The technology is currently available to customers in North America and Europe.

Portfolio Pulse from Happy Mohamed

September 07, 2023 | 12:14 pm

AAPL

The UK Government's Online Safety Bill, which demands messaging services like Apple's iMessage and WhatsApp to allow scanning of messages for illicit content, has put the future of Apple's iMessage service in the UK in doubt. The government had previously asked Apple to disable end-to-end encryption on iMessage for security reasons. Despite reports suggesting the government was planning to abandon this requirement, it has now denied such claims. The EU has also identified Apple as a digital gatekeeper under its new Digital Markets Act, potentially restricting iMessage operations in mainland Europe.

Portfolio Pulse from Benzinga Neuro

September 07, 2023 | 12:13 pm