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MSN: The ransomware business is booming in Canada. Recent victims have included large corporations such as retailer London Drugs, as well as the City of Hamilton, Ont., and the government of Newfoundland and Labrador.
MSN: Cybersecurity stocks are selling off as investors prepare for more earnings reports within the industry. Okta Inc. PagerDuty Inc. and Zscaler Inc. are all due to post results, and Rosenblatt analyst Catharine Trebnick weighed in cautiously on the latter.
Yahoo Finance/Reuters: OpenAI has formed a Safety and Security Committee that will be led by board members, including CEO Sam Altman, as it begins training its next artificial intelligence model, the AI startup said.
Dark Reading: The advent of generative AI is surfacing new risks, significantly raising the stakes for businesses around the globe and for marketplace stability.
U.S. Securities & Exchange Commission: The Securities and Exchange Commission announced that The Intercontinental Exchange, Inc. (ICE) agreed to pay a $10 million penalty to settle charges that it caused the failure of nine wholly-owned subsidiaries, including the New York Stock Exchange, to timely inform the SEC of a cyber intrusion as required by Regulation Systems Compliance and Integrity.
Yahoo News: The federal government has unfurled a new cybersecurity strategy aimed at protecting its vast array of computer systems and information banks against a growing variety of threats.
Spiceworks: The US SEC has announced an update to its rules regarding how Wall Street organizations respond to the theft of customer data. The changes apply to data security rules adopted in 2000.
MSN: Palo Alto Networks' fourth-quarter billings forecast disappointed investors, a sign of tight corporate spending on cybersecurity solutions, sending its shares down more than 8% in aftermarket trading.
Dark Reading: ZeroRisk Cybersecurity is thrilled to announce the launch of its U.S. operations including the opening of its first U.S. office, marking a significant milestone in the company's global expansion strategy.
Yahoo Finance: CyberArk Software Ltd. agreed to buy Venafi, a cybersecurity company backed by private equity firm Thoma Bravo, for $1.54 billion.
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