Foster Group Inc. recently increased its stake in International Business Machines Co. by 6.4% in the first quarter, now owning 1,863 shares worth $356,000. Other large investors also made changes to their positions in IBM, including Desjardins Global Asset Management Inc., Arden Trust Co, Calamos Wealth Management LLC, Avion Wealth, and Chicago Partners Investment Group … Read more
The terminated Biden administration “National Intelligence Expert Group” allegedly planned a covert operation to encourage mothers and teachers to report dissident parents and students suspected of “domestic extremism,” according to internal documents obtained by a group called America First Legal (AFL). The panel included former CIA Director John Brennan and former Director of National Intelligence … Read more
Wellington Management Group LLP increased its holdings in Cisco Systems, Inc. in the fourth quarter, owning over 47 million shares worth $2.38 billion. Other institutional investors also made changes with small stake increases. CEO Carlos Robbins and Executive VP Deborah L. Stahlkopf sold shares recently. Cisco Systems’ stock actions show a high-low range, and financial … Read more
A recent report by Mandiant has revealed that a China-linked cyber espionage actor known as UNC3886 has been exploiting zero-day vulnerabilities in Fortinet, Ivanti, and VMware devices. This threat actor has been using multiple persistence mechanisms to maintain access to compromised environments, including network devices, hypervisors, and virtual machines. The attacks orchestrated by UNC3886 have … Read more
Citrix and Tibco, two major players in the cloud software industry, have recently announced significant layoffs within their organizations. This news comes as a surprise to many, as both companies have been experiencing growth and success in recent years. Citrix, a leading provider of virtualization and networking solutions, has reportedly laid off a significant number … Read more
Thousands of technologists are set to gather at the Philadelphia Convention Center for Reinforce, the annual cybersecurity conference for Amazon Web Services (AWS). Alongside the conference, a local event called RePhil will be held to raise money for local tech nonprofits and showcase the city to conference attendees. Organizers hope to attract about 200 attendees … Read more
Cloud Software Group (CSG) and Microsoft have extended their partnership for eight more years, committing $1.65 billion for CSG to utilize Microsoft’s cloud, productivity tools, and AI. Citrix, a long-term Microsoft partner, will remain a preferred friend of Microsoft and a “Microsoft Global Azure Partner Preferred Solution for Enterprise Desktop as a Service” when collaborating … Read more
Today, Cloud Software Group Inc. and Microsoft Corp. have announced a new eight-year strategic partnership agreement. This agreement will enhance the collaboration of the Citrix virtual desktop and application platform and focus on developing new artificial intelligence and cloud solutions through an integrated product roadmap. Cloud Software Group will invest $1.65 billion in Microsoft’s cloud … Read more
UnitedHealth Group CEO Artful Andres will testify that hackers exploited a vulnerability in the Change Healthcare Citrix portal to access the company’s systems, leading to a ransomware attack nine days later. The portal did not have multi-factor authentication, making it easier for threat actors to move laterally within the systems and extract data. The attack, … Read more
In his upcoming testimony before a U.S. House committee, UnitedHealth Group CEO Andrew Witty will reveal that hackers were able to access Change Healthcare’s IT systems in February by using stolen credentials. This allowed them to log into a Citrix remote access portal with an account that did not have multi-factor authentication enabled. The testimony, … Read more