Cybersecurity

News on cybersecurity companies, data breaches, cyber threats, and the companies defending against them.

Andrew Bailey Warns of AI-Driven Financial Instability

Andrew Bailey: AI threatens to unleash global market downturn

Andrew Bailey, the Governor of the Bank of England, has warned of a severe downturn in global stock markets if the AI bubble bursts.

Okta Surges on AI Identity Demand

Why Okta (OKTA) Is Up 23.0% After Raising 2027 Outlook On AI-Agent Security Demand – And What's Next

Okta, Inc. reported past second-quarter 2026 results with revenue of US$805 million and net income of US$116 million, and raised its fiscal 2027 guidance to full-year revenue of about US$3.22 billion on the back of stronger-than-expected demand for its identity security platform. The company emphasized growing interest in tools securing autonomous AI agents, with new AI-focused products contributing meaningfully to bookings and helping define a new identity security category. We’ll now...