Sometimes the best way to fight fire is with fire. That's the idea between bug bounty programs using hackers to identify vulnerabilities in the cybersecurity systems of organizations. David Baker, Chief Security Officer at Bugcrowd, a bug bounty management company, explains how his company is exterminating cybersecurity threats.
Baker says the key to cybersecurity is transparency and adds that bug bounties are a way of fostering a relationship between hackers and companies. Uber's massive hack that impacted over 57 million people wasn't due to the absence of a bug bounty program because the ride-hailing company has a robust system in place, according to Baker. He says that from an ethical perspective, Uber's handling of the hack was bad and "they broke the law."
Bugcrowd is working to boost transparency in the cybersecurity space. To do so, it is launching a new tool, called Traffic Control, to give companies more insight and control of their bug bounty programs. The tool allows organizations to uncover additional return on investment from crowdsourced security testing with enhanced visibility into researcher activity, says Bugcrowd.
Chris Vecchio, senior analyst at DailyFX, joins Cheddar News to discuss what investors should watch as the three major indexes see wild swings all week.
Although the auto industry is faced with chip shortages and supply chain woes, Tesla was still expected to report record earnings, and Elon Musk did not disappoint. Jon Rettinger, President of JFL Network, joins Cheddar News to discuss the company, the electric vehicle competition, and growth for the auto industry.
Rita Brooks, Co-Founder of Palmly, joins ChedHER to discuss how she's creating a social networking app for Christians, and her experience being a female founder in the tech industry.
A year after the r/WallStreetBets community on Reddit drove GameStop and other meme stocks to unprecedented heights, the subreddit seems to be losing its luster among retail investors. Caitlin McCabe, markets and retail trading reporter from The Wall Street Journal, joined Cheddar to talk about the waning popularity of the group “Users are going on to find the next GameStop, and instead, they're seeing many of the new users who have joined the subreddit still talking about GameStop and AMC," McCabe noted. "And, they've become frustrated as they're ready to move on from those original meme stocks."
Tech titan Microsoft reported its second fiscal quarter of 2022 earnings on Tuesday, its first earnings report since announcing its plans to acquire gaming company Activision Blizzard in a multibillion dollar deal. Steve Larsen, co-founder of PlannerDAO, explains the role that cloud services played for Microsoft in the quarter and what the future may hold for Microsoft in the midst of the new acquisition.
Microsoft is expected to report financial results for its second fiscal quarter of 2022. It comes after the company beat on its top and bottom line in its previous four quarters. John Freeman of CFRA Research explains what investors will be keeping an eye out for as Microsoft continues to expand its domain.
