SEC Forensics Unit Warned of ‘Serious Deficiencies’ in Cyber Defense Months Before 2016 Hacking Incident

SEC Forensics Unit Warned of ‘Serious Deficiencies’ in Cyber Defense Months Before 2016 Hacking Incident

The forensics unit of the U.S. Securities and Exchange Commission, tasked with identifying cyber threats to sensitive information held by the SEC and provide security capability, cautioned the agency’s Office of Inspector General (OIG) about the “serious deficiencies” within the unit two months before the SEC was hacked in October 2016. According to Reuters, the Digital Forensics and Investigations Unit delivered a three-page memo to the OIG in August 2016, […]

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Tech Stocks Slowly Building on Morning Decline

Tech Stocks Slowly Building on Morning Decline

Technology stocks were narrowly lower this afternoon, with shares of tech companies in the S&P 500 losing almost 0.2% in value. In company news, Sequans Communications (SQNS) plunged Wednesday, dropping almost 40% to a session low of $1.84 a share, after the 4G chipmaker for wireless devices late Tuesday lowered its Q3 revenue guidance below analyst estimates. The company is now expecting revenue during the three months ended Sept. 30 […]

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Health Care Stocks Still Rising

Health Care Stocks Still Rising

Health care stocks were drifting off their prior gains in afternoon trading, with the NYSE Health Care Index climbing more than 0.1% while shares of health care companies in the S&P 500 were up almost 0.4% as a group today. In company news, Rigel Pharmaceuticals (RIGL) was higher Wednesday, at one point climbing almost 11% to a session high of $3.58 a share and reversing steep declines in after-hours trading […]

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European ADRs Trade Lower

European ADRs Trade Lower

American depository receipts of European stocks were trading 0.3% lower at 133.34 on the Bank of New York Mellon Europe ADR Index before midday on Wednesday. Decliners in Continental Europe were led by Italian mobile network operator Telecom Italia (TI), down 1.7%; followed by Spanish financial services group Banco Bilbao Vizcaya Argentaria (BBVA), 1.5% lower; French digital performance marketing company Criteo (CRTO), down 1.5%; and Danish biopharmaceutical Ascendis Pharma (ASND), […]

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Koninklijke Philips Wins Order

Koninklijke Philips Wins Order

Koninklijke Philips, a Dutch health technology company, said on Tuesday it signed an agreement for Lakeland Health to install its Philips IntelliVue Guardian Solution at all three of Lakeland’s hospitals. The Philips IntelliVue Guardian Solution is designed to aid clinicians in the early detection of subtle signs of patient deterioration in the general care ward, Phillips said. The latest version of Philips IntelliVue Guardian software has been available in the […]

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