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PFG Investments LLC Liquidates 480 Shares of Amplify Cybersecurity ETF (NYSEARCA:HACK)
PFG Investments LLC decreased its holdings in Amplify Cybersecurity ETF (NYSEARCA:HACK – Free Report) by 8.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,905 shares after selling 480 shares during the period, with a value of $296,000 as of the filing date. Several other institutional investors have also modified their positions in the company. 1832 Asset Management L.P. acquired a new…
Thales and Saporo Join Forces in Belgium to Enhance Cybersecurity Resilience for Organizations
This partnership brings together Thales’ extensive expertise in securing critical infrastructure and digital assets with Saporo’s innovative attack path management platform. Through this collaboration, organizations can continuously identify and prioritize vulnerabilities in their access structure, simulate attacker behaviors, and take proactive measures to mitigate risks before they can be exploited. “Organizations in Belgium are grappling with a complex cybersecurity landscape, where sophisticated attackers exploit hidden vulnerabilities to gain access to vital data,” said Geoffrey Lucas,…
WisdomTree Cybersecurity Fund (NASDAQ:WCBR) Sees Significant Decrease in Short Interest by 32.2%
WisdomTree Cybersecurity Fund (NASDAQ:WCBR – Get Free Report) experienced a notable decrease in short interest in March. As of March 15th, short interest totaled 58,200 shares, representing a 32.2% drop from the February 29th total of 85,900 shares. With an average trading volume of 105,000 shares, the days-to-cover ratio currently stands at 0.6 days. WisdomTree Cybersecurity Fund Stock Up 0.8 % WCBR started trading at $25.64 on Friday. The business has a fifty-day moving average…
Taking Risks to Strengthen SentinelOne’s Cybersecurity Presence: An Expansion Strategy.
Sentinelone, Inc. (S) has identified a new risk within the Demand category. As Sentinelone, Inc. strives to broaden its platform, especially in the realm of cloud security, the company is faced with significant business risks. Recent strategic moves, such as the acquisitions of KSG and PingSafe, are aimed at strengthening its position in the cybersecurity market; however, the level of market adoption and demand remains uncertain. External factors like market growth, competitive pressures, and economic…
Enhanced cybersecurity measures improve shareholder profitability
According to a newly released report from Diligent and Bitsight, companies that demonstrate advanced cybersecurity performance have a shareholder return that is 372% higher than their peers with basic cybersecurity performance. Boards under pressure to fortify cyber oversight The increase in cyber incidents' frequency and severity has made cyber risk a primary challenge for boards. Boards face pressure to address cybersecurity risks effectively to protect their organizations' interests in the face of increasingly sophisticated and…
Improving OT Cybersecurity with Low-Code Solutions
In today’s ever-evolving world, a close acquaintance of mine recently encountered a frightening incident that highlighted the crucial importance of cybersecurity. While pulling into their garage, his wife faced a harrowing situation as she lost control of her electric vehicle, which continued to accelerate despite her attempts to apply the brakes. The resulting crash caused significant damage to both their home and the vehicle. Fortunately, no injuries occurred, but the event served as a stark…
Increasing regulatory requirements may not always lead to enhanced cybersecurity
Cybersecurity threats pose challenges to ships and telecommunications networks, prompting the U.S. and EU to push for regulations to protect against adversarial entities. However, certain legislative gaps and legal battles hinder these efforts, leading policymakers to impose heavier regulations on domestic entities. Section 214 designation for U.S. broadband providers and the stringent burden of proof for EU shipbuilders can give the impression of national security concerns being addressed. However, these policies may not effectively safeguard…
Enhancing Cybersecurity for Small Contractors: Pentagon Steps In
The Pentagon is currently developing a shared virtual cloud-based workspace for contractors in order to enhance their cybersecurity measures. This initiative is part of a broader strategic effort aimed at enhancing the security of defense companies."We are collaborating with the Office of Small Business to create a purpose-built cloud where small businesses can easily operate and enhance cybersecurity," stated David McKeown, the Pentagon’s deputy CIO for cybersecurity and chief information security officer.The objective is to…
White Oak Partners Suffers Data Breach After Cybersecurity Incident | Get Legal Help from Console and Associates, P.C.
On March 22, 2024, White Oak Partners, LLC reported a data breach to the Attorney General of Massachusetts following a cyberattack on their systems. The breach led to unauthorized access to sensitive information, including names and Social Security numbers of consumers. As a result, White Oak Partners initiated an investigation and started notifying affected individuals through data breach notification letters. If you have received a notification from White Oak Partners, LLC about the data breach,…
Coro Secures $100 Million in Funding to Enhance Small Business Cybersecurity Platform
Coro has recently acquired $100 million in Series D funding to enhance its cybersecurity platform tailored for small and medium-sized businesses (SMBs). The company plans to utilize this new funding for expanding globally, investing in research and development (R&D), and forming strategic partnerships, as stated in a recent press release issued on Thursday (March 28). According to Coro CEO Guy Moskowitz, "Now that Coro has solidified its position as a cybersecurity leader in the SMB…