<!–> da-kuk/Getty Images It sometimes feels like everyone everywhere is dabbling in generative artificial intelligence (AI). From developers who are producing code to marketers who are creating content, people in all kinds of roles are finding ways to boost their productivity with emerging technology. The rush to take advantage of AI means analyst Gartner believes […] More

Image: Getty Over half of ransomware attacks now begin with criminals exploiting vulnerabilities in remote and internet-facing systems as hackers look to take advantage of unpatched cybersecurity issues.  According to analysis of ransomware incidents during the past year by researchers at security company Secureworks, 52% of attacks started with malicious hackers exploiting remote services.  Vulnerabilities in […] More

Shares of cloud-based security provider FireEye are up over 6% in late trading after the company this afternoon reported Q3 revenue and profit that topped analysts’ expectations and forecast this quarter’s revenue is higher as well. 

FireEye’s CEO, Kevin Mandia, said the company’s results showed how much progress the company has made “transforming our business.”
Revenue in the three months ended in September rose almost 6%, year over year, to $238.6 million, yielding EPS of 11 cents. Analysts had been modeling, on average, $228 million and 7 cents per share. 
For the current quarter, the company sees revenue in a range of $237 million to $241 million and EPS in a range of 9 cents to 11 cents. That is, again, higher than consensus on the revenue line, at $237 million, and in line with profit consensus of 10 cents per share.
With the forecast, the company’s full-year outlook for 2020 now stands at $930 million to $934 million, up from a forecast offered in July of $905 million to $925 million.
The company said its annualized recurring revenue reached an all-time high of $612 million, up 6%, year over year. 
Said Mandian, “We released our cloud-native Mandiant Advantage platform in October, making our intelligence and expertise easily accessible and actionable to any security organization, regardless of the security controls they deploy.” The company “also announced a collaboration with Microsoft to provide cybersecurity services based on Microsoft security products.” added Mandia.
“Both announcements reflect the technology-agnostic approach of Mandiant Solutions and allow us to expand our addressable market beyond the installed base of current FireEye customers.”
FireEye, founded sixteen years ago in the Silicon Valley town of Milpitas, California, began by offering an appliance product to detect Web site threats, running inside of a virtual machine. 
The company expanded into its current form with the 2013 acquisition of privately held Mandiant, an incident response and forensics firm founded by Mandia.
FireEye stock rose almost 6% in late trading, to $14.90. 

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Image: Getty Images/iStockphoto Microsoft says it has spotted “notable updates” to malware targeting Linux servers to install cryptominer malware.  Microsoft has called out recent work from the so-called “8220 gang” group, which has recently been spotted exploiting the critical bug affecting Atlassian Confluence Server and Data Center, tracked as CVE-2022-26134.  “The group has actively updated […] More

An Amazon Fire TV is one of the best purchases you can make during Prime Day. The annual sales event has historically featured some significant markdowns on these televisions, with prices as low as $100 for a 43-inch 4K Fire TV in years past. However, these deals can be short-lived, so a keen eye is necessary to get the best savings before and during Prime Day.Amazon often offers striking lightning deals for Fire TVs, so much so that they’re quick to run out of stock. The Prime Day sales event features many of these deals, making keeping up with them all difficult. Thankfully, ZDNET will ensure you have access to the top deals on Fire TVs from now through Prime Day. Also: The best Prime Day deals: Live updatesBest Fire TV deals for Amazon Prime Day 2024Amazon Fire TV 4 Series 43-inch More