Monday, September 26

Tag: Palo Alto Networks

Worrying Decline in the Health of Cybersecurity Enterprise IronNet
Business

Worrying Decline in the Health of Cybersecurity Enterprise IronNet

But is everything okay? Why do we see a worrying decline in the health of Cybersecurity Enterprise IronNet? The cybersecurity company IronNet (NYSE: IRNT) began trading on the NYSE on August 27, 2021. August 27, 2021. Thanks to IronNet's founder and co-CEO, Gen. Keith Alexander, a retired four-star general who previously led the National Security Agency (NSA), the Central Security Service (CSS), and the U.S. Cyber Command; the company grabbed a lot of attention, leading to a SPAC (special purpose acquisition company) merge. IronNet's shares debuted at $13.44 after the merger, soared to a record high of $41.40 in September of last year, and currently trade for just above $1. Let's examine five blatant red signs to comprehend why IronNet's stock plummeted. Misrepresentation of Ca...
A Ransomware Tax Relief up to $16,28,000 for Colonial Pipeline?
Business

A Ransomware Tax Relief up to $16,28,000 for Colonial Pipeline?

In 2020 and 2021, there has been a surge in ransomware attacks across the world in different working sectors. A complex mix of geopolitical and cybersecurity issues is driving this trend. Ransomware attacks have become exceedingly simple to carry out, and payment options have become even more enticing to cyber criminals. Meanwhile, as organizations become more reliant on digital infrastructure and more willing to pay ransoms, the motivation to break in is increasing.  From 2021 to 2028, the global cybersecurity market is predicted to grow at a CAGR of 10.9 percent, from USD 167.13 billion in 2020. The growing presence of cyber-attacks is responsible for the market's rise. Over the last few years, the number and severity of cyber frauds and offenses have escalated, resulting in massive loss...
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