Streetbeat News

Security

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SWI

UIS

The SEC has charged Unisys, Avaya, Check Point Software, and Mimecast for misleading disclosures related to the SolarWinds hack, imposing millions in penalties. The companies downplayed the cyberattack's impact, misleading investors. Unisys faces the highest penalty of $4 million.

Portfolio Pulse from Stjepan Kalinic

October 22, 2024 | 9:44 pm

COIN

Coinbase is reportedly facing a data leak incident, as information allegedly leaked by 'ayla' is circulating among traders. This could impact Coinbase's reputation and stock price.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 3:12 pm

SPY

VGK

U.S. Treasury Secretary Janet Yellen announced new sanctions targeting entities supporting Russia's war efforts, with potential secondary sanctions on financial institutions. The U.S. is finalizing a $50 billion loan to Ukraine, funded by income on Russian assets, not U.S. taxpayers.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 2:48 pm

SCKT

Socket has secured $40 million in funding to enhance its capabilities in combating next-generation software supply chain attacks. The funding round was led by Abstract Ventures, Elad Gil, and a16z.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 2:35 pm

AMZN

QTWO

AWS and Q2 are expanding their strategic partnership to enhance banking innovation by leveraging generative AI for process automation. The collaboration with Presidio aims to improve security and advance Q2's digital banking solutions.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 2:02 pm

AVYA

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MIME

UIS

The SEC has charged Unisys, Avaya, Check Point, and Mimecast for misleading cybersecurity disclosures. Unisys also faces additional charges for controls violations. The companies will pay civil penalties of $4M, $1M, $995K, and $990K respectively.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 1:23 pm

ACN

Accenture has invested in Reality Defender, a cybersecurity company specializing in deepfake detection, to help clients in various industries combat deepfake fraud. The terms of the investment were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 12:31 pm

IBM

IBM has launched the IBM Guardium Data Security Center, a SaaS-first solution aimed at enhancing data security across hybrid cloud, AI, and quantum environments. This move is part of IBM's strategy to address evolving data security challenges.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 12:04 pm

BTCUSD

The former CEO of Mine Digital, a defunct cryptocurrency exchange, is charged with embezzling $1.47 million meant for Bitcoin purchases to pay off company debts. This occurred before the exchange's bankruptcy in September 2022.

Portfolio Pulse from Aniket Verma

October 22, 2024 | 11:00 am

FSLY

Fastly has introduced a new DDoS protection solution aimed at safeguarding applications and APIs from disruptive attacks. This move is part of Fastly's strategy to enhance its security offerings.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 7:09 am