A change in long-term strategy led to a slump in revenues at Main Market listed cybersecurity company Narf Industries (LON: NARF). It was also hit by US government budget delays. In the six months to September 2024, revenues dipped from $3.11m to $1.18m. The loss increased from $1.01m to $1.87m. Cash has fallen to $136,000, […]

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Darktrace shares gained 3.2% to 353.1p in early morning trading on Tuesday after the AI cybersecurity firm reported a 48% growth in revenue in FY 2022 against FY 2021 in its latest trading update. The company announced a 32% rise in customer numbers of 500, resulting in 7,400 total customers across its base. Darktrace confirmed […]

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NCC Group announced the appointment of a new CEO, Mike Maddison, and provided a trading update, where the group expects revenue to be significantly better than H1 2022 and H2 2021, on Monday. NCC Group, a global cyber security firm announced the appointment of Mike Maddison as CEO, following Adam Palser’s decision to step down […]

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FTSE 100 listed cybersecurity giant, Avast (LON:AVST), saw its shares flatline despite a seemingly positive set of financial results for third quarter trading. At actual rates, adjusted revenues were up 2.6% year-on-year during the third quarter, up from £220.3 million, to £226.0 million. Meanwhile, on an organic basis – excluding acquisitions, disposals, and currency changes […]

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According to a new report by Email security company Tessian, some 43% of employees made mistakes which had resulted in cybersecurity repercussions for themselves or their company. The report, titled ‘The Psychology of Human Error’, was carried out in April on a total of 2,000 participants from the UK and US, to reveal the effects […]

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