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CybersecurityCybersecurity

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Five Things to Know About the Intel CEO’s Links to China

By Kim S. Nash

 

Hello. On Thursday morning, President Trump called on Intel chief Lip-Bu Tan to step down, writing on Truth Social that the CEO is “highly” conflicted and there is “no other solution to this problem.”

Tan, known as ‘Mr. Chip,’ is under fire after a company he led pleaded guilty to selling technology to a China state-controlled research institution. Read the full story.

Also today: 

  • Australia's Optus faces another government lawsuit over 2022 cyberattack
  • Fortinet stock drops
  • U.S. federal courts see "escalated cyberattacks"
  • Privacy advocates don't like AI plans at police-tech firm Flock Safety 
  • And more
 

‏‏‎ ‎

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More Cyber News

PHOTO: PATRICK T. FALLON/BLOOMBERG

Court documents targeted: The U.S. judiciary said Thursday it is strengthening its digital defenses after "escalated cyberattacks" on its case-management system. Most documents are public but some cases contain sealed information. The judiciary didn't provide details about the attacks or its improved security. (CNN)

Weekend slog: Treasure, Homeland Security, Energy and other federal civilian agencies must patch a critical vulnerability in their Microsoft Exchange servers by Monday at 9:00 a.m. ET, the Cybersecurity and Infrastructure Security Agency said in an emergency order. The bug can let hackers take over the servers with administrative access and move within networks. (Bleeping Computer) 

Australian telecom giant Optus faces a lawsuit from the country's privacy regulator over a 2022 cyberattack that breached the personal data of 9.5 million customers. Optus, a unit of Singapore Telecommunications, is already contesting a 2024 suit from Australia's media watchdog over the same hack. (Reuters)

 

Privacy

PHOTO: CJ GUNTHER/SHUTTERSTOCK

Surveillance-tech provider Flock Safety is adding AI features to its products for reading license plates and performing other policing activities, raising privacy concerns. The goal is to let investigators use natural language to search different media types, such as live emergency calls, images and case records. (Bloomberg)

 

Cyber Business

A tepid financial forecast from Fortinet prompted stock downgrades Thursday, which pushed shares down. The firewall company beat analyst predictions in its latest quarter, reported Wednesday, but projected revenues for the period ending Sept. 30 at the midpoint of consensus estimates. Fortinet is in the midst of refreshing its flagship products. (Investors Business Daily)

  • Cloud-security company Akamai raised earnings estimates for the coming quarter after revenue jumped 30% for the period ended June 30, narrowly beating forecasts. (Reuters)
  • Rival Datadog also raised its forecast, citing expanding cloud use as companies build out AI services. 
 

About Us

The WSJ Pro Cybersecurity team is Deputy Bureau Chief Kim S. Nash and reporters Angus Loten, James Rundle and Catherine Stupp. Follow us on X @WSJCyber. Reach the team by replying to any newsletter you receive or by emailing Kim at kim.nash@wsj.com.

 
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