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Tech and Innovator Days: Cybersecurity, Ethical Hacking
Tech and Innovator Days: Cybersecurity, Ethical Hacking
June 17 @ 9 a.m.
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Date:
June 17
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Jun 9, 2026 · via news.gcu.edu
St. George Fire sues cybersecurity company, alleging negligence left network open to 2023 cyberattack ST. GEORGE — The St. George Fire Protection District is suing Baton Rouge cybersecurity company General Informatics, blaming them for allowing hackers to gain access to the fire department's network in 2023. The lawsuit, filed by the fire department on May 23, claims that General Informatics was hired to prevent cyberattacks and now seeks damages from a December 2023 attack. St. George Fire's lawsuit added that hackers were "living off the land" inside the network, meaning the hackers used tools already built into the network to avoid being found and further infest and scrape the fire department's network. The lawsuit also accuses General Informatics of installing high-speed internet and selling the district network switches that were incapable of accommodating the new internet. No backups were made of the servers, the lawsuit also alleges, despite being included in the contract between the two parties. On the fire district's network, a "note written in plain text which contained the fire district's administrative credentials for its various accounts and software applications," representing another major issue highlighted by the lawsuit. Other issues also popped up, including that the network firewall was not recording certain activity and that it was not properly segmented to prevent malware from making its way through the system. Trending News The case is set to go before a judge or an exception hearing in the 19th JDC on July 13.
Jun 9, 2026 · via wbrz.com
Studying Cybersecurity Abroad: A Week in Rome I have been to Italy before; multiple times, in fact. So when I decided to attend St. John’s University’s Cybersecurity in a Global Context program, the destination itself was not what gave me pause. What was different this time was that I was going without my wife. After years of traveling together, there is something oddly disorienting about navigating familiar streets alone. But that feeling of strangeness turned out to be exactly the point. Arriving and Going “Dark” After an orientation on Saturday evening, Sunday was a free day. I used it the way I usually do in a city I know well: I just walked. Rome is the kind of city that rewards wandering. There is no shortage of things to stumble upon, and taking it slow helped me settle in and shake off the long flight. By Monday morning, I was ready to work. Monday kicked off with one of the more memorable labs I have had in this program: a dark-web exploration workshop. Using Linux VMs, we set up and navigated the Tor Browser, learned the basics of operational security, and got a firsthand look at what exists beyond the surface web. No purchasing or account creation was done. This was strictly for observational purposes…in case you were wondering. We also dove into open-source intelligence (OSINT) that day. We covered tools such as Maltego, Spiderfoot, and Sherlock, and explored how investigators legally gather public data to build profiles, track movements, and support incident response. After lunch, we headed out for a guided walking tour of Rome’s city center, starting at Piazza del Popolo. The afternoon was a welcome contrast to the morning’s screen time. The Feds Show Up Tuesday brought a compelling guest presentation from a Federal Bureau of Investigation
Jun 9, 2026 · via stjohns.edu
Senate Health, Education, Labor and Pensions (HELP) Committee Chairman Sen. Bill Cassidy, M.D., R-La., is seeking information from New York City officials about a late 2025 cybersecurity breach at NYC Health + Hospitals, the largest public U.S. health system. The legislator wants answers from CEO Michael Katz, M.D., on the system’s security protocols, best practices, notified agencies and how it has responded to the incident. New York Mayor Zohran Mamdani’s administration was also cited in the June 4 letter (PDF). Cassidy is seeking responses from officials by June 18. NYC Health + Hospitals notified affected individuals March 24 about a data security incident. The system said it discovered suspicious activity Feb. 2 affecting certain systems in its network, with a subsequent investigation determining an unauthorized user accessed systems between Nov. 25 and Feb. 11. Preliminary investigation results found the user may have accessed systems due to a security breach from a third-party vendor. The system said its notification was not delayed due to the result of a law enforcement investigation. Affected information varied by individual, though the system noted it included health insurance information; medical information; biometric information; billing, claims or payment information; or other personal information, like Social Security numbers or precise geolocation data. "Cybersecurity threats are one of the most significant risks currently affecting the health care system," Cassidy wrote in the letter, citing 628 reported breaches in 2025. “At a time when hostile actors are increasingly using sophisticated tactics by leveraging artificial intelligence, it is essential for the health care sector to take meaningful steps to safeguard patient and consumer information,” Cassidy wrote. “The recent cybersecurity incident affecting NYC Health + Hospitals, the largest public health system in the United States, highlights the risk cybersecurity incidents pose to patients.” Cassidy requests more information from NYC Health +
Jun 9, 2026 · via fiercehealthcare.com
SUPERIOR, Wis. (KQDS-TV)- For anyone interested in a career with computer science or cybersecurity, University of Wisconsin Superior is unveiling an exciting opportunity.
As of this year, students can now get their computer science degree with a concentration in cybersecurity.
The goal of this new option is to help prepare students for careers in cybersecurity with a strong foundation in computer science fundamentals.
One staff member said that he hopes this option will help with the high demand the field is currently facing.
"There's all sorts of different careers you could go into involving cybersecurity. A lot of them are housed under the IT world, so information technology, but there's positions such as cybersecurity analyst," explained Dr. Jonathan Totushek, Chair of the math and science department.
Both new and current students have the option to apply for this opportunity right now.
And it officially launches for the fall 2026 semester.
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Jun 8, 2026 · via fox21online.com
Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, sent a letter to the Chief Executive Officers of leading U.S. financial institutions, including JPMorgan Chase, Citigroup, Bank of America, Morgan Stanley, Wells Fargo, and Goldman Sachs, demanding an immediate briefing on how they are addressing newly discovered cybersecurity vulnerabilities linked to advanced artificial intelligence. The letter follows Anthropic’s announcement of “Claude Mythos Preview,” an “extremely autonomous” artificial intelligence model capable of carrying out sophisticated computer security and coding tasks. According to Anthropic, the system has already identified thousands of high-severity vulnerabilities across major operating systems and web browsers, with the company warning that exploitation of these flaws could pose severe risks to the economy, public safety, and national security. In the letter, Ranking Member Waters raises concerns about the growing cybersecurity and financial stability risks posed by increasingly powerful AI systems, as well as a troubling lack of engagement and transparency from major Wall Street institutions. “I am deeply concerned that the Committee has not been briefed by your banks on how you are confronting the heightened risks of cybersecurity vulnerabilities identified by Mythos, and your efforts to ensure your institutions operate in a safe and sound manner, protect consumers, and mitigate your risks to U.S. financial stability,” wrote Ranking Member Waters. “Bank CEOs’ lack of engagement, as these developments come to light, impairs the Committee’s ability to protect the public and the financial system as we know it from novel and existential AI risks.” In closing, Ranking Member Waters requests that the banks provide Democratic staff of the House Financial Services Committee with a comprehensive briefing and written responses to a series of questions regarding cybersecurity preparedness, regulatory gaps, internal AI risk-management frameworks, federal coordination protocols, and vulnerability disclosure procedures no later than July
Jun 8, 2026 · via democrats-financialservices.house.gov
The Federal Communications Commission will consider a package of changes later this month aimed at bolstering cybersecurity protections for the nation’s emergency alert systems and modernizing how alerts reach the public. For counties, the proposal affects some of the most important tools available during emergencies. Local emergency managers rely on the Emergency Alert System (EAS) and Wireless Emergency Alerts (WEA) to communicate with residents during severe weather events, hazardous materials incidents, evacuations, public safety emergencies, and other critical situations. The FCC proposal focuses heavily on cybersecurity. The agency is proposing new requirements to protect alerting systems from unauthorized access, including stronger password policies, software updates, and other security measures to reduce the risk of false alerts or system disruptions. The proposal also includes several modernization efforts. Among them, the FCC is considering alert authentication requirements, improvements to geographic targeting, tools to reduce duplicate alerts, and the elimination of older message-length restrictions that date back to earlier wireless technologies. One proposal could prove especially significant for EAS participants. The FCC is considering whether to allow emergency alert functionality to operate via software rather than requiring dedicated hardware. Broadcasters and industry groups have argued for years that the current hardware-based approach is becoming increasingly difficult to maintain as equipment ages and vendors leave the market. The FCC is also seeking comment on ways to improve alert accuracy and effectiveness. Potential changes include improvements to earthquake alerts, emergency-specific alert symbols, and better geographic targeting to reduce instances of residents receiving alerts for incidents occurring well outside their area. The proposal remains under consideration and has not yet taken effect. The Commission will vote on the item at its June 25 meeting.
Jun 8, 2026 · via conduitstreet.mdcounties.org
As artificial intelligence reshapes the cybersecurity and data science industries, USF’s Bellini College of Artificial Intelligence, Cybersecurity and Computing is infusing AI into its courses. Starting this fall, new and existing courses focusing on developing artificial intelligence skills will be added to the college’s course roster or enhanced with added AI module components. “Artificial intelligence is not something we treat as a separate discipline anymore. The daily use of AI is becoming an integral part of how work gets done across industries,” said Bellini College launch Dean Sudeep Sarkar. “Our goal is to make sure students understand how to use these tools thoughtfully, responsibly and effectively in the careers they’re preparing to enter.” AI course expansion During the past year, the college has significantly increased its AI course offerings at both the undergraduate and graduate levels. And that expansion will continue into the coming year. New undergraduate courses such as AI Fundamentals, Document Intelligence and specialized topics in Generative AI and AI for Integrated Sensing and Communication reflect a growing emphasis on applied learning. These courses build on a lineup of existing courses that includes machine learning, natural language processing and computer vision. Courses are expanding at the graduate level, too. Classes such as AI Applications, Ethical Issues in AI and Math for AI have been added, and more courses, including Network Analysis and Machine Learning with Graphs, Natural Language Procession, Hardware for Machine Learning and Computer Vision, tackle advanced AI topics. These courses are designed to introduce students to AI concepts at the undergraduate level and nurture their continuing education at advanced levels, preparing them to work with these technologies in real-world settings. “Experiential learning is at the core of what we do,” Sarkar said. “We want our students to be ready for the real world when they graduate,
Jun 8, 2026 · via usf.edu
CISA Highlights Vital Resources to Help Event Attendees Stay Safe As the summer season approaches, people across the country are preparing to attend a wide array of special events, from global showcases like the FIFA World Cup 2026™ to celebrations marking America’s 250th anniversary. Large-scale gatherings like the World Cup and Freedom 250 bring people together and embody the spirit, resilience, and freedoms that define our nation. But with increased crowds, high visibility, and complex logistics, these events also present unique security challenges, including the potential for the use improvised explosive devices (IEDs) to disrupt public safety and damage critical infrastructure. The Cybersecurity and Infrastructure Security Agency (CISA) may be widely known for its work in cybersecurity, but it also works with partners around the nation to mitigate physical risks and enhance infrastructure security. For example, through its Office for Bombing Prevention (OBP), CISA is equipping state and local partners, event organizers, and the public with the training, tools, and awareness resources needed to reduce risks and enhance risk mitigation preparedness. By promoting suspicious activity reporting, sharing protective guidance, and offering no-cost security planning materials, CISA is helping communities across the nation confidently celebrate these once‑in‑a‑generation events. Suspicious Activity Awareness: Identifying Potential Threats One of the most effective ways to prevent bombing incidents is early detection of suspicious activity or items. CISA trainings emphasize that everyone has a role to play in ensuring safety by being vigilant. Understanding what constitutes suspicious behavior or items is critical. CISA offers many no-cost resources and tools to help people know what to look for and what to do, ranging from how to identify suspicious items, things to know about unmanned aircraft systems, and more. These and other physical and cybersecurity resources and tools can be found at www.cisa.gov/FIFAWC. What You Can Do As
Jun 8, 2026 · via cisa.gov
A cybersecurity policy professor on believing in the research process—and yourself ‘It Is an Act of Faith’ In high school, I liked math and was good at math and thought that I was going to be a mathematician: a weird thing to want to be as a teenager, but there it is. There were a lot of mathematicians who meant a lot to me; Andrew Wiles, with his proof of Fermat’s Last Theorem, loomed very large for me. I was also fascinated by a lot of older mathematicians; I did a research project on Madame Du Châtelet, who had translated Newton’s Principia into French. But I went to college with some people who were a lot better at math than I was. It was a new experience for me not be the strongest student in the class. I started to understand if I worked as hard as I possibly could, maybe I could major in math, but I was never going to be a great mathematician. I was good enough at math to appreciate and enjoy it, but I wasn’t good enough to come up with original math. It’s like the ability to appreciate great classical music while also knowing that you’re never going to perform it at that level. In theoretical math, the thinking is we’re going to perfectly prove everything—there will be no exceptions. In some ways, cybersecurity’s the opposite: there’s no way to actually finish this job. Instead, we’re going to perfectly prove how secure this encryption algorithm is, and then we’ll implement it … but then someone’s got to manage the encryption keys, someone else has to install the update … and 1,000 things are going to go wrong. The question I’ve found most interesting about cybersecurity research is: How do you marry the rigorous technical
Jun 8, 2026 · via now.tufts.edu
A dollar in First Trust NASDAQ Cybersecurity ETF (NASDAQ:CIBR) on the last trading day of 2025 was worth about $1.22 by the close on June 5, 2026, while the same dollar in the S&P 500 was worth about $1.08. That is the headline making the rounds, and the shorthand version of it (cybersecurity beat the broad market by three to one) is close enough to true that it is worth taking apart carefully, because the mechanism behind the gap is also the thing that tells you whether the next six months look anything like the last six. The Arithmetic, Without the Spin CIBR opened the year at $71 and closed June 5, 2026 at $87, a 22% year-to-date gain. The S&P 500, via SPY, went from $682 to $738, an 8% gain. The actual ratio is closer to 2.6 to 1 rather than a clean 3 to 1, and the bulk of CIBR’s move happened in a single month. The fund was up 24% in the thirty days ending June 5, which means that without May, the year-to-date story would read like an ordinary tech-adjacent fund nudging ahead of the index. Total return matters less than usual here. CIBR is not an income product, distributions are small, and the price-only number captures essentially the whole picture. Over five years the fund is up about 101%, against about 75% for SPY, so the long-run edge is real but modest. The 2026 outperformance is the kind of jolt that pulls a decade’s worth of structural alpha into half a year, and that is the part that needs explaining. What Actually Did the Work CIBR is concentrated by design. The March 31, 2026 NPORT filing shows $9.49 billion in net assets across 44 positions, with Palo Alto Networks at 8.46%, CrowdStrike at 8.25%,
Jun 8, 2026 · via 247wallst.com
Simplifying Cybersecurity: How SMBs Can Protect What Matters Most Small and medium-sized businesses (SMBs) face an ongoing struggle between the cost and the critical need for cybersecurity. As tech stacks grow and the online landscape keeps changing, business owners are looking for ways to protect their digital assets and workflows with effective tools that can scale with their business ambitions. Enter CyberFOX, a platform offering cybersecurity solutions for businesses that are practical, proactive,and growth-friendly. The innovative security provider has invested in solutions that work to reduce friction in key areas like password management, privileged access, and DNS protection. It also emphasizes a streamlined approach by focusing on usability and efficiency. This article will look at the cybersecurity struggle SMB owners are facing at the moment and the ways CyberFOX is helping organizations to strengthen their security posture while staying focused on business growth. The Cybersecurity Struggle Cybersecurity has steadily become more complex for owners and their teams. SMBs in 2026 are juggling a growing number of tools and budgets for cybersecurity threats. This tension is leaving many IT teams struggling to manage fragmented systems and growing threats with limited resources. In 2024, 58% of small and medium-sized businesses spent more than they expected on securing their digital activity. 57% of them have since made it a top priority as they watch the online landscape continue to evolve quickly. Despite the additional focus on security, 46% of cyber breaches in recent years have involved businesses with under 1,000 employees, making the threat not just a potential but a reality for many business owners. CyberFOX: Unifying Cybersecurity CyberFOX has focused on a specific crossroads in the cybersecurity world: safety and simplicity. It has built a suite of security solutions that work to unify critical capabilities that are often scattered across business operations.
Jun 8, 2026 · via usatoday.com
The National Institute of Cyber Security (NICS) and Microsoft Corp yesterday signed a memorandum of understanding (MOU) to jointly address cybersecurity threats, use artificial intelligence to buttress the resilience of critical infrastructure and promote the adoption of a “Zero Trust” cybersecurity framework. The agreement was signed by the institute’s president Lin Ying-dar (林盈達) and Microsoft’s Asia Regional Director for Government Affairs and Public Policy Marcus Bartley Jones in Taipei yesterday. Lin said that the institute has continued to invest in the development of technologies such as threat hunting and anomalous behavior detection, while promoting the deployment and validation of related defense frameworks across government agencies. Photo: Chiu Chiao-chen, Taipei Times Through collaboration with Microsoft, Taiwan can leverage one of the world’s most advanced cybersecurity intelligence networks, strengthening its ability to detect, prevent and respond to cyber threats while enhancing the resilience of its cybersecurity infrastructure, Lin said. The organizations aim to develop a more precise cybersecurity defense mechanism to gauge the readiness of crucial infrastructure operators against cyber threats, including whether they have well-rounded backup plans or the ability to recover from damages, Lin said. Jones said that cybersecurity can only be effective if it is handled collectively, and collaboration is even more important in the age of AI. “We are very focused on the way in which AI is creating new threats and challenges. We are also focused, through this partnership, on how we can work together and use AI to detect vulnerabilities faster and defend in a more effective and efficient way against cybersecurity,” he said. Johns said the partnership would help integrate key cybersecurity intelligence and data contributed by the NISC and Microsoft. Microsoft processes 100 trillion cybersecurity signals per day, while the institute can access information dealing with national security, he said. Microsoft would continue to
Jun 8, 2026 · via taipeitimes.com
Binghamton University student team scores high in global cybersecurity competition School of Computing undergraduates, graduate students rank #13 among 114 competitors Learning about cybersecurity is a critical part of any computer science curriculum — but fighting off real-time cyber-attacks puts those skills to the test. For the MITRE Embedded Capture the Flag Competition, students from around the world build what they hope is a secure software-and-hardware system, defend it against other teams, and then try to hack into those teams' creations. Last year, Binghamton University participated in the competition for the first time, finishing at #26 overall and #2 in New York — respectable for students doing the work on their own time. This spring, the School of Computing at the Thomas J. Watson College of Engineering and Applied Science followed MITRE’s recommendation to make eCTF a formal part of the curriculum. A dozen students signed up and committed time outside of class, while two other students also participated without registering for the course. This year's challenge was to design and implement a secure storage solution for a chip foundry. The system needed to allow users with various roles to access the proper data without leaking sensitive chip designs to unauthorized parties. “The students work very hard,” said Associate Professor Aravind Prakash, who serves as team advisor. “This is not like any other course, because we don't have a set number of hours that you need to put in. There were weekends when they would come work in the lab to do their software development or attacks.” The result? Binghamton ranked #13 among 114 competitors, and it was the only New York university in the top 20. Team co-captain Samruddhi “Sammy” Deshpande, a computer science master’s student, also took part in the 2025 competition, and she thinks that made it
Jun 8, 2026 · via binghamton.edu
SK Telecom has joined Anthropic’s “Project Glasswing,” an international cybersecurity collaboration framework built around Anthropic’s security-focused AI model “Claude Mythos.”
Until recently, Anthropic had limited participation in the initiative to the US government and select US companies.
SK Telecom officially announced Thursday that it joined Project Glasswing as of June 3 and secured early access rights to Claude Mythos.
Through the project, SK Telecom said it plans to strengthen the security of its core infrastructure and services by proactively defending against cyber risks.
“As a company operating telecommunications and AI infrastructure used by tens of millions of people in their daily lives, we will contribute to strengthening South Korea’s digital security through this partnership,” the company said.
Separately, Samsung Electronics and SK hynix have also reportedly received access rights to Claude Mythos.
South Korea’s Ministry of Science and ICT has likewise joined the Glasswing initiative through the Korea Internet & Security Agency.
Jun 8, 2026 · via thelec.net
Backed by Key National Agencies, PhilSec Returns to Manila to Deepen Cybersecurity Resilience Across Sectors MANILA, PHILIPPINES, June 8, 2026 /EINPresswire.com/ -- The Philippinesâ cybersecurity market, valued at USD 261.5 million in 2025, is on track to nearly triple by 2032 as the country continues expanding its digital economy across banking, healthcare, government services, and critical infrastructure. However, with such rapid growth comes an equally sharp increase in cyber threats targeting both the private sector and public institutions â making coordinated action between government, industry and law enforcement more critical than ever. Set to return on 30 June â 1 July 2026 for a highly anticipated sixth edition, PhilSec, the countryâs leading cybersecurity summit, will convene at the prestigious Manila Marriott Hotel for two power-packed days of strategic dialogue, cross-industry collaboration, and advancement of the national cybersecurity ecosystem. Hosted by the Worldâs No.1 Events Company, Tradepass, this yearâs edition arrives with unprecedented institutional backing from the Department of Information and Communications Technology (DICT), the Cybercrime Investigation and Coordinating Center (CICC), the Philippine National Police Anti-Cybercrime Group (PNP-ACG), the Armed Forces of the Philippines (AFP) and the Philippine Coast Guard (PCG). Further highlighting the eventâs growing national significance, PhilSec 2026 will be inaugurated by Usec. Rodil Aniban, Officer-in-Charge and Undersecretary for Cybersecurity at DICT. In line with the strong institutional participation, the confirmed speakers include some of the regionâs most respected cybersecurity leaders in policy, law enforcement, cyber operations, and international threat intelligence. These experts will lead insightful panel discussions and keynote presentations following a meticulously curated agenda, exploring pressing themes such as cyber threats, national cyber resilience strategies, digital trust, critical infrastructure protection, and the evolving cybersecurity landscape. Confirmed speakers include: ⢠Alvin Navarro, Officer-in-Charge, Deputy Executive Director, CICC ⢠George Tardio, Officer-in-Charge, Director â Cybersecurity Bureau, DICT ⢠Edmund
Jun 8, 2026 · via einpresswire.com
A cybersecurity incident Sunday has forced Evanston Township High School to cancel all summer school classes, sports camps and other on-campus activities through Tuesday.
In an announcement Sunday, the school said after discovering a “ransomware attack” it activated its incident response procedures and contacted outside cybersecurity attorneys and forensic experts to investigate. The school also said that it is cooperating with the FBI during the investigation.
It was not immediately clear what if any information may have been compromised. Ransomware is a type of malicious software that blocks access to a computer system or data and demands a ransom for its release.
The school also said that phone systems are currently not available and that families may not be able to access certain online tools during this time. The school said regular updates will be posted online at https://www.eths202.org/about/cybersecurity-incident.
The FBI did not immediately respond to a request for comment Sunday evening.
Editor’s note: This is a developing story and will be updated.
Jun 8, 2026 · via evanstonroundtable.com
Latest Headlines ESET Strengthens Cybersecurity Awareness across Lagos MDAs Emma Okonji ESET Nigeria has successfully concluded a cybersecurity awareness training programme for staff of the Lagos State Ministries, Departments and Agencies (MDAs), reinforcing the state’s commitment to building a resilient and cyber-aware public sector workforce. Held at the Staff Clinic Hall, Alausa, Ikeja, the training, themed: ‘Cybersecurity in 2026: Defending Against Modern Threats in a Digital Workplace’, brought together government personnel from various MDAs to gain practical insights into emerging cyber threats and modern security best practices. The programme addressed key cybersecurity challenges expected to shape the threat landscape in 2026, including artificial intelligence-driven attacks, deepfake-enabled fraud, advanced phishing schemes, ransomware, identity theft, cloud security risks, and supply chain compromises. Speaking at the event, Deputy Director, Ministry of Science and Technology, Mr. Kadri Shamusideen, emphasised the importance of cybersecurity awareness as government services continue to undergo digital transformation. He added that as government operations became increasingly digitised, cybersecurity awareness had become a critical component of public service delivery. “While technology provides the necessary security controls, our employees remain the first line of defense against cyber threats. Continuous education and awareness are therefore essential in ensuring that staff can identify emerging threats and respond appropriately,” Shamusideen said. .
Jun 8, 2026 · via thisdaylive.com
India has nearly 39,000 unfilled cybersecurity positions, and the situation is only getting worse. The maximum shortage is in areas like IoT (internet of things), blockchain, and crypto security â where there are nearly twice as many job openings as there are people to fill them, according to HR firm Careernet's latest report, India's Cybersecurity Talent Outlook 2026. The report looked at talent across 14 areas of cybersecurity. India has close to 3 lakh cybersecurity professionals, roughly 5% of the world's total. After IoT and blockchain, the biggest gaps are in application and data security, and protection against future threats like quantum computing attacks. One in five cybersecurity professionals switches jobs every year. But this isn't growing the talent pool, it's just the same people moving from one company to another, the report said. "Security is becoming far more specialised. And specialised talent takes time to build. That's why attrition is so high â the industry grows at around 9â10%, but people are leaving their jobs at nearly double that rate, 19%," Anshuman Das, CEO of Careernet, told ET. He added that most open roles require mid-to-senior-level experience. IT companies employ the largest chunk of cybersecurity talent, which makes other industries heavily dependent on them. Banks and financial firms pull professionals from other sectors. Telecom companies are hiring fast but can't find enough people. Manufacturing barely has any dedicated security staff at all. In fields like security operations, the report said that IT companies have around 60% of the talent, followed by telecom at 15%, product companies at 9%, manufacturing 5%, and banking and finance just 4%. This talent crunch comes at a time when cyberattacks in India are increasing rapidly. CERT-In â the government body that tracks and responds to cyber incidents â recorded over 2 million incidents in
Jun 8, 2026 · via m.economictimes.com
Company background Palo Alto Networks Inc is a global cybersecurity provider that was incorporated in 2005, debuted on the NYSE in July 2012, and is currently headquartered in Santa Clara, California. It serves enterprises, organisations, service providers, and government entities. Palo Alto is the largest cybersecurity company by market cap, at US$222bn. Investment highlights Non-discretionary spend anchored by tight regulation. The cybersecurity market is projected to reach US$240bn by 2026, led by software-as-a-defence that shifts to the cloud. Growth is driven by rising threats and tightening regulation, making cyber a mission-critical spend (12–15% of IT budgets), supported by high breach costs and mandatory compliance requirements, thereby reinforcing recurring demand. Platformization drives upsell and growth. Enterprises are consolidating away from 29 niche vendors toward platform leaders like PANW, reducing complexity while improving data sharing and threat response. This underpins stronger upsell and cross-sell, reflected in 119% NRR and leads to over 20% RPO growth. At the core is Next-Generation Security (NGS), a cloud-based, AI-driven platform that generates recurring ARR. More AI, more threats, more PANW. Over 80% of phishing is now AI-generated and deepfake fraud has surged 21x since 2022, making cyber risk persistent. Enterprises now view AI-native security as mission-critical, driving a market projected to grow from US$30bn in 2025 to US$86bn by 2030. PANW is well-positioned with Prisma AIRS and AgentiX, seeing strong traction with 3x QoQ growth. Leans on Inorganic Growth to Broaden TAM. PANW uses acquisitions to accelerate growth, supported by strong operating cash flow, enabling rapid capability expansion beyond its firewall origins. Since 2018, it has completed 21 deals, building a diversified platform across SOC, cloud, and SASE while extending into observability and identity, driving TAM expansion from US$19bn to an estimated US$300bn by 2028. We initiate coverage with an ACCUMULATE recommendation and target price of
Jun 7, 2026 · via stocksbnb.com