Valtx Cyber Security — News

JPMorgan-to-Apple Data Scares Spur Israeli Stock’s Surge

With each successive data breach scare that’s hit corporate America in recent weeks, from JPMorgan Chase & Co. to Apple Inc. and then Home Depot Inc., the shares of an Israeli cyber-security giant have bounced higher. Check Point Software Technologies Ltd. (CHKP), the world’s second-largest network security company, reached a 13-year high of $71.99 on Sept. 5 as investors anticipated the spate of cyber-attacks will fuel demand for its services. The stock climbed 1.4 percent last week, ...

Russians Steal 1.2 Billion Passwords

The CBC has reported that Russian hackers have stolen 1.2 billion user names and passwords in a series of internet heists affecting 420,000 websites, according to a Milwaukee firm that specializes in uncovering online security breaches.Hold Security CEO Alex Holden said more accounts could be compromised if the hackers sell the information they have gathered.  The reported break-ins are the latest incidents to raise doubts about the security measures that both big and small companies use to ...