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Garpal Gumnut

Garpal Gumnut

Ross Island Hotel
Joined
2 January 2006
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I notice that our new political leaders have become animated about the CP and CS "space" since the Optus and Medibank hacks.

I couldn't find a thread on ASX listed Cyber entities however I believe it is chock a block full of unlisted companies which seem quite profitable.

Looking at some charts of the listed ones and examining their announcements it would appear that it is a lottery for the average punter. We even had a problem last night at the hotel finding a quorum for the Cyberprotection Committee and had to enlist two Moroccans off a visiting ship who kept on babbling about Spain and Football. I never imagined Moroccans nor Spanish would play Rugby League.

Nonetheless I am stumped but did find an old post from @Dona Ferentes which listed some stocks from AR9 ( sorry I laugh ) to Prophecy whose charts are less than encouraging and tend to capital raise.

Many of the big multinational accounting firms seem involved as do the usual suspects such as Amazon.

I'm really interested in members experience with ASX listed entities involved in all aspects of security from advice to cloud storage.

gg
 
Garpal Gumnut said:
.Nonetheless I ... did find an old post from @Dona Ferentes which listed some stocks from AR9 ( sorry I laugh ) ...
Click to expand...
Memo to self: don't read  gg's posts while having breakfast.

My current list, which may be of use to someone, is as follows:
AR9
TNT
WHK
FFT
FCT
HFY
SEN
PRO
DSE
CPT
EIQ
and of course the ETF; HACK

Apart from AR9, which was a winner for me, making money from listed stocks appears to be a challenge.

I think it was hubify HFY that caught a bit of stick from the recent hacks. But really, most cybersecurity actions seem to be reactive rather that providing a watertight ring fence (if I can mix my metaphors). And so are destined to fail.

Also, scalability seems to be missing, so cookie cutting agglomerators may not offer a real solution.

Not an expert, but hey, ..
 
Dona Ferentes said:
Memo to self: don't read  gg's posts while having breakfast.

My current list, which may be of use to someone, is as follows:
AR9
TNT
WHK
FFT
FCT
HFY
SEN
PRO
DSE
CPT
EIQ
and of course the ETF; HACK

Apart from AR9, which was a winner for me, making money from listed stocks appears to be a challenge.

I think it was hubify HFY that caught a bit of stick from the recent hacks. But really, most cybersecurity actions seem to be reactive rather that providing a watertight ring fence (if I can mix my metaphors). And so are destined to fail.

Also, scalability seems to be missing, so cookie cutting agglomerators may not offer a real solution.

Not an expert, but hey, ..
Click to expand...
That's a good list.

In the Tech Services Sector there's 3 Industries:

- Data Processing Services
- IT Services
- Internet Software Services

Which of these is the best fit at the moment for cyber security? IT Services?
 
Dona Ferentes said:
My current list is as follows:
Click to expand...
I've added SOV to the list, but not FZO which is a bit niche

Sovereign Cloud Holdings (operating as AUCloud) provides highly secure, standards based, sovereign cloud Infrastructure as a Service (IaaS) to Australian Government and Critical National Industry communities. This includes Federal, State and Local Governments and CNI organisations such as telecommunications, electricity, energy, financial services and similar utility providers.

Managed, operated and monitored in Australia by security cleared Australian citizens, all services and data hosted by Sovereign Cloud Holdings remains in Australia. This includes all customer data, account data, metadata, support data and derived analytics data.

Market cap is $18 million, has been as low as 12c, raised capital along the way, and early investors must be disappointed . Future ones could likely be, too?
Since listing:
Screenshot_20221210-131752~2.png
 
Cybersecurity

“Just to give you an idea of why the endpoint [physical computing devices] is the epicentre of the enterprise. It's because 80% of the most valuable security data collected comes from the endpoint… 90% of successful cybersecurity attacks and 70% of successful data breaches originate at the endpoint.”
- George Kurtz, CEO, CrowdStrike Holdings Inc [major global cybersecurity software company]​
 
biggest thing since the last big thing.

a lot of comment already in the Commsec Problems thread, but here goes.


A botched software upgrade from US-based cybersecurity firm CrowdStrike created the largest IT outage in history. Questions are now being raised over how one company’s attempt to update its software could cause chaos worldwide.

Almost $US10bn ($15bn) has been blasted from Crowdstrike’s market value after a software update from the US cybersecurity firm sparked a global outage, knocking out big banks, airlines, hospitals and more.

Shares in the Texas-based firm, which designs software to protect companies from cyber attacks and breaches, tumbled more than 11 per cent to $US304.96 in overnight trade in the US after the mass shutdown shattered its reputation.

Microsoft - which was also caught up in the outage that prompted what is known as the “blue screen of death”, rendering Windows-based PCs and laptops useless - also suffered losses.
 

3 Billion People Exposed In Massive Unreported Data Theft​


3 Billion People Exposed In Massive Unreported Data Theft | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com www.zerohedge.com


The worst part is that those impacted by this cyberattack may be unaware of their involvement since National Public Data allegedly collects data from non-public sources without consent.
 
Scary stuff! It's like, we're all just sitting ducks waiting to be hacked. And the worst part is, we might not even know our data's been compromised.
 
LeFeek said:
Scary stuff! It's like, we're all just sitting ducks waiting to be hacked. And the worst part is, we might not even know our data's been compromised.
Click to expand...
well somebody had the great idea about central data storage which makes a BIG target , to either steal or render inaccessible , and ( normal ) human nature is to hide what is embarrassing

the outcome is foreseeable , we just don't know who will break-in next ( or how it will happen )

if you want to be REALLY scared go on the web and look for videos on 'Pen-Testing ' professional hackers hired to test business security ( for the business entity )

some intrusions are made to look ridiculously easy/simple because of basic flaws ( then imagine what the NASTY guys can do , especially if state-sponsored )
 
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