Shares in NetApp Inc. rose firmly in late trading after the enterprise storage company reported an earnings beat and an outlook on the higher side of expectations. For its fiscal first quarter ended July 29, NetApp reported a profit before costs such as stock compensation of $1.20 a share, up from $1.15 a share in ...

Cybersecurity and compliance solutions provider A-LIGN Compliance and Security Inc. today announced the release of compliance automation updates to their compliance management platform A-SCEND to deliver complete compliance solution automation. The updates are said to offer the industry’s first end-to-end compliance software on the market resulting in the highest-quality reports. With the update, A-SCEND allows ...

A former Apple Inc. engineer has pleaded guilty to stealing trade secrets from Apple’s car division in a plea agreement with U.S. authorities. Xiaolang Zhang was employed by Apple in December 2015 to work on Project Titan, Apple’s self-driving car project, where he was given the job of designing and testing circuit boards to analyze sensor ...

The infamous ransomware gang LockBit has had its leaks site knocked offline in a distributed denial-of-service attack, and the gang blames cybersecurity company Entrust Corp. for the attack. Bleeping Computer reported today that the leak site was knocked offline in a DDoS attack over the weekend and that LockBit had received a message telling it that ...

Insurance marketplace provider Lloyd’s of London has informed insurance companies that they must exclude coverage for acts of war and state-based cyberattacks starting in March 2023. In a memo written Aug. 16 by Lloyd’s Underwriting Director Tony Chaudh, companies were told that they must exempt coverage for losses “arising from a war,” as well as ...

Palo Alto Networks Inc. shares surged in late trading after the network management and security firm delivered a solid earnings beat and a better-than-expected outlook. For its fiscal fourth quarter ended July 31, Palo Alto Networks reported a profit before costs such as stock compensation of $254.1 million or $2.39 per share, up from $161.9 ...

Identity platform provider Okta Inc. has today announced the general availability of its identity governance platform that unifies identity and access management with governance. Okta Identity Governance offers a modern unified IAM and governance solution focused on improving an organization’s security and compliance posture, helping organizations mitigate everyday security risks with improved information technology department ...

Amazon.com Inc. is among the leading bidders to acquire health technology company Signify Health Inc., the Wall Street Journal reported today. Founded in 2009, Signify Health offers a healthcare platform that leverages advanced analytics, technology and nationwide healthcare provider networks to deliver value-based payment programs. The company’s mission is “to transform how care is paid for ...

The application of artificial intelligence in various aspects of life has been mostly a net positive, but what happens when machine learning algorithms cannot detect the difference between an innocent health photo and child exploitation material? The New York Times today reported that a San Francisco-based tech worker named only “Mark” — who ironically works for an ...

A ransomware gang with links to the Conti group has returned with a new campaign similar to the better-known LockBit gang. BlackByte version 2.0 ransomware gang, as the group calls itself, is promoting a new leaks site and claims to have successfully targeted new victims. Bleeping Computer reported Wednesday that those behind the ransomware are also ...