Company reports that Okta hackers have stolen data on all customer support users.

Okta Data Breach Exposes Customers to Increased Cybersecurity Risks In a recent letter to clients, cybersecurity firm Okta admitted that hackers who compromised their customer support system stole data from all users, a far more significant breach than initially believed. This expanded scope now puts customers at risk of heightened attacks or phishing attempts, according…

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Sources tell Reuters that a letter to the board about an AI breakthrough led to Sam Altman’s removal from OpenAI.

OpenAI CEO Sam Altman was ousted from his position for four days after a letter from staff researchers warned of a powerful artificial intelligence discovery that could threaten humanity, according to Reuters. The letter and AI algorithm catalyzed Altman’s removal, and before his return, over 700 employees threatened to quit in solidarity. The letter was…

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Investors should see Palo Alto’s decision to clarify a key quarterly metric as an opportunity to buy.

Palo Alto Networks (PANW) recently announced its fiscal 2024 first-quarter results, reporting strong numbers but lowering its full-year billings outlook. This caused the stock to slide in after-hours trading due to concerns over the rising cost of money. Revenue for the quarter ended Oct. 31 increased 20% year-over-year to $1.88 billion, beating the consensus estimate…

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World’s largest bank, ICBC, suffers ransomware cyberattack

The U.S. division of Chinese bank ICBC hit by cyberattack The U.S. financial services division of the Industrial & Commercial Bank of China (ICBC) was targeted in a cyberattack that reportedly disrupted the trading of Treasurys. ICBC, which is the world’s largest lender by assets, confirmed that its financial services arm experienced a ransomware attack,…

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