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Israeli Tech Company C2A Selected to Provide Cybersecurity Platform for Daimler Trucks
Israeli start-up C2A Security has announced a new cybersecurity platform deal with Daimler Trucks, in line with strict European regulations. The contract for their EVSec platform was signed in 2023 and has now been made public, following similar deals with BMW Group, Marelli, NTT Data, Siemens, and Valeo last year. With vehicles becoming more reliant on interconnected computer systems, internet connections, mobile networks, and Bluetooth, the risk of remote hacking is a growing concern. C2A,…
Alarming Lack of Cybersecurity Readiness Among Indian Companies: Cisco Report
According to a study, less than 5% of companies in India are adequately prepared to handle cybersecurity risks, despite a high number acknowledging the potential impact of such threats on their businesses in the next 12-24 months. The 2024 Cisco Cybersecurity Readiness Index, released recently, revealed that only 4% of Indian companies are ready to combat current cyber threats, with 59% considered to be in the 'beginner or formative stages of readiness'. Globally, only 3%…
Top 3 Cybersecurity Stocks to Invest in for the Bull Market of March 2024
It’s projected that global IT spending will reach $5.1 trillion by 2024 as the IT market continues to expand. This growth highlights the critical importance of cybersecurity in defending against cyber threats. The cybersecurity industry has been experiencing substantial growth, making it an attractive sector for investment with potential multibagger returns. The global cybersecurity market was valued at $190.4 billion in 2023 and is projected to reach $298.5 billion by 2028, indicating significant growth opportunities…
Coro Secures $100M Funding at $750M Valuation to Enhance Cybersecurity for Small Businesses
Image Credits: Traitov / Getty Images Enterprises and other large organizations have long been a lucrative and obvious target for cybercriminals. However, with more sophisticated breach techniques and the rise of AI, small and medium businesses are now also vulnerable to cyberattacks. Startup Coro specifically caters to smaller businesses and has seen its revenues increase by 300% in the last year. The company has raised $100 million in a Series D round of funding, valuing…
Addressing Cybersecurity Concerns in Lowell City Council Meeting
Members of the Lowell City Council gathered in the Council Chamber at City Hall for their first meeting of the term on Jan. 2, 2024. The councilors in attendance included Councilor Kimberly Scott, Vice Mayor Paul Ratha Yem, Mayor Dan Rourke, Councilor Sokhary Chau, Councilor Rita Mercier, Councilors Corey Robinson, Erik Gitschier, Wayne Jenness, John Leahy, Vesna Nuon, and John Descoteaux. (Aleah Landry photo) In a focused meeting at City Hall Tuesday night, the Lowell…
CISA Introduces New Cybersecurity Regulations to Bolster National Defenses
In a significant development aimed at strengthening the nation's cybersecurity resilience, the Department of Homeland Security's Cybersecurity and Infrastructure Security Agency (CISA) introduced a Notice of Proposed Rulemaking (NPRM) on Wednesday, March 27, 2024. This crucial step, now available for public inspection in the Federal Register, marks a substantial advancement in protecting critical infrastructure from cyber threats. As mandated by the Cyber Incident Reporting for Critical Infrastructure Act of 2022 (CIRCIA), the NPRM ushers in…
Early Demise of Porsche’s 718 Boxster and Cayman Due to EU Cybersecurity Regulations
The 2023 Porsche 718 Cayman GT4 RS remains unaffected by EU legislation. ©2024 Porsche Cars North America The impact of cybersecurity laws in Europe is evident in the discontinuation of Porsche's popular Macan combustion-powered compact SUV. Now, it seems that the legislation is also affecting the combustion-powered 718 Boxster convertible and 718 Cayman coupe. This is due to UN Regulation No. 155 (UN R155), which mandates specific cybersecurity protections in high-volume vehicles. The European legislation…
“James Rumsey students excel in cybersecurity/Cisco program, paving the way for success” | Journal-news
Editor’s Note: This is the sixth in a series of stories highlighting programs at James Rumsey Technical Institute. MARTINSBURG — The cybersecurity/Cisco program at James Rumsey Technical Institute provides students with training in networking and IT work. Students in this program gain hands-on experience by working in the IT department, providing support to other programs within the school. They also earn four valuable certifications: COMPTIA A+, COMPTIZ Network+, COMPTIA Security+, and CCNA. With 14 years…
StealthMole secures $7M in Series A funding for cutting-edge AI-powered dark web intelligence platform
Image Credits: Traitov / Getty Images StealthMole, an AI-powered dark web intelligence startup that specializes in monitoring cyber threats and detecting cybercrime, announced Thursday that it has raised a $7 million Series A funding round. The Singapore-headquartered startup with an R&D office in South Korea will use the fresh capital to establish additional R&D centers and support more commercial uses of its technology in the B2B sector and geographical expansion. “Having an R&D office in…
Langworthy allocates $475,000 in funding for St. Bonaventure’s cyber security center
ST. BONAVENTURE — U.S. Rep. Nick Langworthy made a special visit to St. Bonaventure University on Wednesday to announce an exciting development: a $475,000 grant for a cutting-edge Cyber Security Ops Center. This center will not only benefit education but also create new job opportunities in the local area. During a press conference at the Walsh Science Center, Langworthy expressed his admiration for the university, calling it a "critical gem" of the 23rd District. He…