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Trellix to Host Ransomware Detection and Response Virtual Summit

Retrieved on:

Monday, August 7, 2023

Trellix , the cybersecurity company delivering the future of extended detection and response (XDR), today announced its Ransomware Detection and Response Virtual Summit , co-sponsored by AWS, will take place August 23 and 24, 2023.

Key Points:

Trellix , the cybersecurity company delivering the future of extended detection and response (XDR), today announced its Ransomware Detection and Response Virtual Summit , co-sponsored by AWS, will take place August 23 and 24, 2023.
Trellix’s 2023 Mind of the CISO research found over half of organizations use 20+ security solutions.
Ransomware is not an “if” but a “when,” and this lucrative business for cybercriminals continues to increase steadily.
“Ransomware doesn’t discriminate based on size or industry, so it is imperative organizations across the board adopt a comprehensive approach to security,” said Harold Rivas, CISO at Trellix.

NETSCOUT Reports First Quarter Fiscal Year 2024 Financial Results

Retrieved on:

Thursday, July 27, 2023

Looking ahead, we are reiterating our fiscal year 2024 outlook and remain focused on delivering long-term stakeholder value.”

Key Points:

Looking ahead, we are reiterating our fiscal year 2024 outlook and remain focused on delivering long-term stakeholder value.”
Total revenue (GAAP and non-GAAP) for the first quarter of fiscal year 2024 was $211.1 million, compared with $208.8 million (GAAP and non-GAAP) in the first quarter of fiscal year 2023.
NETSCOUT’s loss from operations (GAAP) was $4.7 million in the first quarter of fiscal year 2024, compared with a loss from operations (GAAP) of $9.1 million in the first quarter of fiscal year 2023.
The Company’s operating margin (GAAP) was negative 2.2% in the first quarter of fiscal year 2024, versus negative 4.4% in the same period of fiscal year 2023.
NETSCOUT will host a conference call to discuss its first quarter fiscal year 2024 financial results and financial outlook today at 8:30 a.m.

NETSCOUT Releases Next Generation Omnis Cyber Intelligence for Advanced Network Detection and Response

Retrieved on:

Tuesday, July 25, 2023

OCI is an advanced network detection and response (NDR) solution that uses highly scalable deep packet inspection (DPI) and multiple threat detection methods at the source of packet capture to detect threats in real time and allows historical investigation of high-fidelity network metadata and packets.

Key Points:

OCI is an advanced network detection and response (NDR) solution that uses highly scalable deep packet inspection (DPI) and multiple threat detection methods at the source of packet capture to detect threats in real time and allows historical investigation of high-fidelity network metadata and packets.
In the face of rising cyber threats, OCI provides security teams with real-time packet-level visibility across their digital infrastructure.
Hierarchical threat detection that combines ML-based behavioral analysis, threat intelligence, intrusion detection signatures, and continuous attack surface monitoring to detect threats at scale with higher confidence.
Additionally, customers can now export and use our high-fidelity network data to improve the accuracy of their AI/ML-based threat detection algorithms.”

Screen Media Acquires Jon Hamm and Tina Fey-Led Thriller Maggie Moore(s)

Retrieved on:

Thursday, February 9, 2023

Screen Media, a Chicken Soup for the Soul Entertainment (Nasdaq: CSSE) company, today announced the acquisition of all North American rights to the true-crime-inspired thriller Maggie Moore(s).

Key Points:

Screen Media, a Chicken Soup for the Soul Entertainment (Nasdaq: CSSE) company, today announced the acquisition of all North American rights to the true-crime-inspired thriller Maggie Moore(s).
Directed by John Slattery and written by Paul Bernbaum, the film reunites Slattery with his Emmy-winning Mad Men co-star, Jon Hamm (Top Gun Maverick, Confess, Fletch).
Screen Media is planning a theatrical release in June, followed by a digital release later that month.
View the full release here: https://www.businesswire.com/news/home/20230209005734/en/
Screen Media acquires Jon Hamm and Tina Fey-led thriller "Maggie Moore(s)."

Farmers & Merchants Bancorp (FMCB) Reports Record Third Quarter and Year-to-Date Earnings

Retrieved on:

Wednesday, October 26, 2022

LODI, Calif., Oct. 26, 2022 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp (OTCQX: FMCB) (the “Company” or “FMCB”), the parent company of Farmers & Merchants Bank of Central California (the “Bank” or “F&M Bank”), reported record net income of $19.5 million, or $25.20 per diluted common share for the third quarter of 2022 up 13.7% compared with $17.5 million, or $22.16 per diluted common share, for the third quarter of 2021. Annualized return on average assets was 1.45% and return on average equity was 16.64% for the third quarter of 2022 compared with 1.39% and 15.64% for the same period a year earlier. The expense efficiency ratio for the third quarter was 46.86% compared with 46.84% for the same period the prior year. During the quarter the Company repositioned the available-for-sale (“AFS”) securities portfolio by selling $30.8 million of securities at a loss of $3 million, allowing us to generate higher yields by reinvesting those funds in the future. Recognizing the weakening economic outlook nationally, during the 3rd quarter the Company recorded a provision for credit losses of $1.5 million and a provision for unused commitments of $1.0 million.

Key Points:

The Companys net interest margin increased to 3.95% in the third quarter of 2022 compared with 3.26% in the third quarter of 2021.
Farmers & Merchants Bancorp, trades on the OTCQX under the symbol FMCB, is the parent company of Farmers & Merchants Bank of Central California, also known as F&M Bank.
Farmers & Merchants Bancorp has paid dividends for 87 consecutive years and has increased dividends for 57 consecutive years.
As a result, Farmers & Merchants Bancorp is member of a select group of only 45 publicly traded companies referred to as Dividend Kings.

Farmers & Merchants Bancorp (FMCB) Reports Record Second Quarter and Year-to-Date Earnings

Retrieved on:

Thursday, July 21, 2022

LODI, Calif., July 21, 2022 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp (OTCQX: FMCB) (the “Company” or “FMCB”), the parent company of Farmers & Merchants Bank of Central California (the “Bank” or “F&M Bank”), reported record net income of $18.4 million, or $23.58 per diluted common share for the second quarter of 2022 compared with $16.2 million, or $20.45 per diluted common share, for the second quarter of 2021. Annualized return on average assets was 1.38% and return on average equity was 15.94% for the second quarter of 2022 compared with 1.34% and 14.91% for the same period a year earlier. The expense efficiency ratio for the second quarter was 47.75% compared with 61.97% for the same period the prior year.

Key Points:

The Companys net interest margin increased slightly to 3.53% in the second quarter of 2022 compared with 3.52% in the second quarter of 2021.
Farmers & Merchants Bancorp remains one of the only 44 publicly traded companies designated as a Dividend King by Sure Dividend.
Kent Steinwert, Farmers & Merchants Bancorps Chairman, President and Chief Executive Officer, stated, We are very pleased with the Companys record second quarter net income of $18.4 million in 2022.
Farmers & Merchants Bancorp, trades on the OTCQX under the symbol FMCB, is the parent company of Farmers & Merchants Bank of Central California, also known as F&M Bank.

Hardman & Co: Hardman Talks Video | Volta Finance webinar 'Private equity: Funding the future'

Retrieved on:

Wednesday, June 15, 2022

Hardman & Co: Hardman Talks Video | Volta Finance webinar 'Private equity: Funding the future'

Key Points:

Hardman & Co: Hardman Talks Video | Volta Finance webinar 'Private equity: Funding the future'
Volta Finance webinar 'Private equity: Funding the future'
Serge Demay, the Head of CLO Investments, AXA IM, and manager of Volta Finance, joined Hardman & Co for a live presentation and Q&A webinar on Hardman Talks on Thursday 9 June 2022.
The current environment with inflation, interest rate hikes and the Ukraine crisis increases both the potential risk and reward.
In this webinar, we heard from Voltas manager how it is Seizing opportunities in volatile times.
Additionally, the flight to safety and the US dollar strength has benefited shareholders with around 30% net exposure.

Apiiro's Research Reveals That More Than 50 Percent of Secrets in Private Repositories Are Immediately Accessible by Attackers

Retrieved on:

Thursday, June 2, 2022

Cloud, DevOps, Information, Research, Mean, Organization, TEL, NEW, MTTR, Video game console, Risk management, Online shopping

TEL AVIV, Israel and NEW YORK, June 2, 2022 /PRNewswire/ -- Apiiro, the leader in Cloud-Native Application Security, today announced the findings of its 'Secrets Insights Across the Software Supply Chain' report. Apiiro's security research team, together with 15 industry experts, collaborated to deliver the industry's first contextual secrets research in private repositories revealing the critical business impact of secrets in code.

Key Points:

Apiiro's security research team, together with 15 industry experts, collaborated to deliver the industry's first contextual secrets research in private repositories revealing the critical business impact of secrets in code.
In the era of agile and cloud-native application development, software engineers and DevOps are more empowered than ever before.
They can quickly set up cloud infrastructure and deploy code whereas before they needed the help and approval of other departments.
One of the most common risks and the source of some high-profile cloud-native application attacks is the use of secrets in code across the software supply chain.

Farmers & Merchants Bancorp (FMCB) Reports Record First Quarter 2022 Earnings

Retrieved on:

Friday, May 6, 2022

LODI, Calif., May 06, 2022 (GLOBE NEWSWIRE) -- Farmers & Merchants Bancorp (OTCQX: FMCB) (the “Company” or “FMCB”), the parent company of Farmers & Merchants Bank of Central California (the “Bank” or “F&M Bank”), reported record net income of $17.1 million, or $21.70 per diluted common share for the first quarter of 2022 compared with $16.7 million, or $21.17 per diluted common share, for the first quarter of 2021. Annualized return on average assets was 1.29% and return on average equity was 14.65% for the first quarter of 2022 compared with 1.45% and 15.56% for the same period a year earlier. The expense efficiency ratio for first quarter was 51.13% compared with 52.91% for the same period the prior year.

Key Points:

The Companys net interest margin flattened to 3.39% in the first quarter of 2022 compared with 3.74% in the first quarter of 2021.
The Companys net interest margin improved slightly in the first quarter of 2022, when compared to 3.34% in the fourth quarter of 2021.
Kent Steinwert, Farmers & Merchants Bancorps Chairman, President and Chief Executive Officer, stated, We are very pleased with the Companys record net income of $17.1 million for first quarter 2022.
Farmers & Merchants Bancorp, trades on the OTCQX under the symbol FMCB, is the parent company of Farmers & Merchants Bank of Central California, also known as F&M Bank.

EMCORE Awarded Contract for SDI170 IMUs for Precision-Guided Munitions by Major International Weapons Systems Manufacturer

Retrieved on:

Wednesday, May 4, 2022

ALHAMBRA, CA, May 04, 2022 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), a leading provider of advanced mixed-signal products that serve the aerospace & defense, communications, and sensing markets, announced today that it has been awarded an initial contract for multiple SDI170 MEMS Inertial Measurement Units (IMU) for precision-guided munitions by a major international weapons systems manufacturer.

Key Points:

ALHAMBRA, CA, May 04, 2022 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), a leading provider of advanced mixed-signal products that serve the aerospace & defense, communications, and sensing markets, announced today that it has been awarded an initial contract for multiple SDI170 MEMS Inertial Measurement Units (IMU) for precision-guided munitions by a major international weapons systems manufacturer.
Following analysis of the performance of the SDI170 units during the qualification phase, EMCORE expects to be awarded higher volume contracts with this key customer within the next 6-12 months.
We are extremely pleased to be awarded this contract to supply our high-performance SDI170 IMU for this precision-guided munitions system, said David Wojciechowski, EMCOREs Vice President of Sales, Marketing and Business Development for Aerospace & Defense products.
EMCORE has vertically-integrated manufacturing capability at its wafer fabrication facility in Alhambra, CA, and Quartz MEMS manufacturing facility in Concord, CA.