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- $ 10 billion in student loan debt wiped out under Biden, but calls are mounting
- How CISOs Build a Modern Cybersecurity Partnership
- PC, internet, smartphone: what is the next great technological era? | John naughton
- Arista Networks, Inc. (NYSE: ANET) is expected to report quarterly sales of $ 737.15 million
| $ 10 billion in student loan debt wiped out under Biden, but calls are mounting Posted: 11 Sep 2021 11:35 AM PDT Finally, on Tuesday an email arrived saying that she had received a 100% discharge. "I cried," said Ms. King, who hopes she can now afford computer classes at her local community college. The ministry appears to have informed thousands of people of their loan relief on Tuesday, Gokey said. But the confusion remains: several people have received notifications containing inaccurate information. A borrower who attended ITT, for example, received a letter saying his loans to study at Marinello School of Beauty would be cut. The push for widespread debt cancellation has eclipsed calls to address these glaring administrative issues that urgently need to be addressed, advocates say – ideally before January, when borrowers start receiving bills again. "The next few weeks and months will be incredibly big," said Frotman. He and others have said the Biden administration should prioritize long-standing struggles with the civil service loan forgiveness program, which is supposed to wipe out debts from people who work in government jobs or for purpose. nonprofit for a decade while making payments on their loans. Millions of people could be eligible – the Consumer Financial Protection Bureau estimates that one in four American workers are in eligible jobs – but various issues have left the program with a 98% refusal rate. And a new debacle looms: FedLoan, the servicer responsible for guiding borrowers through it, recently announced that he would end his contract with the Department of Education. Its nine million customers will have to be transferred to other service providers, a process that has in the past been fraught with errors. Education Ministry spokesperson Ms Leon said the agency plans to start broad negotiations on the development of rules “in the coming months” that would address issues of regulating the civil service program. and others, but she gave no details. Advocates hope the Biden administration will help borrowers like Niki Woodard, who earned a master’s degree in communications from Georgetown University and held non-profit – often low-paying – jobs for more than a decade. Ms. Woodard faithfully made her payments for 10 years and then requested relief on her loan balance, which now stands at nearly $ 60,000. |
| How CISOs Build a Modern Cybersecurity Partnership Posted: 11 Sep 2021 11:00 AM PDT
Opinions expressed by Contractor the contributors are theirs. You are reading Entrepreneur United States, an international Entrepreneur Media franchise. Costs of cybercrime $ 2,900,000 per minute, and the largest companies pay $ 25 a minute for cybersecurity breaches. If cybercrime were a country, it would rank third among the world’s economies – after the United States and China – with an expected total economic loss of $ 6 trillion. worldwide by the end of 2021. To combat these attacks, companies form cybersecurity partnerships, collect cyberattack information about potential vulnerabilities or suspicious activity, and share it with each other. The creation of these partnerships has become so common that tech giants like Microsoft, HP, Cisco, Airbus and many others have banded together. There has also been an ongoing dialogue regarding the benefits of cybersecurity partnerships, with the Chief Information Security Officers (CISOs) of partner companies at the forefront of the conversations. Build a secure partnershipA strategic relationship between CISOs and cybersecurity is essential. It enables organizations to prevent, respond to, and recover from incidents, avoiding serious and costly business disruptions. Here are five things CISOs should focus on when it comes to securing the long-awaited cybersecurity partnership. 1. Cyber security should be on board agendas: The meeting room is not usually the first place that comes to mind when thinking about cybersecurity. But, as she gets more involved in cybersecurity, challenges start to emerge and strategies become more effective. The CISO should communicate and educate on the importance of having a cybersecurity program with peers and stakeholders in all business units. After all, they serve as an essential support for driving strategic initiatives. 2. Invest in building a strong cloud security architecture: Most cloud service providers include storage, security, compliance, trust, and data protection services associated with the cost of the cloud hosting platform. However, since most events occur due to the lack of an appropriate security plan in the enterprise, organizations should have a solid strategy for a risk management framework, secure cloud architecture, security governance and skills expertise in the cloud. 3. Building a borderless security system: Every day, teams work remotely and more often than ever from locations around the world. Public clouds, untrusted devices, and unsupported networks make it difficult for IT to secure their sensitive data. So, in an age when an entire business can be run from a kitchen table or living room sofa, borderless security or remote surveillance is the best way to keep your internet infrastructure secure. . An CISO should leverage it as part of their cybersecurity partnership. 4. Upgrade your enterprise security architecture: With the changing dynamics of security and the move to the cloud, organizations no longer have the ability to stay idle. As CISOs prepare for the future, they are adopting cloud-based solutions that will integrate securely into their business environments. As a result, the security team is reinventing itself to support modern cloud solutions while ensuring automated and continuous compliance. 5. Invest in innovation: Cyber attacks have evolved and are now more sophisticated. Threats include advanced technologies such as denial of service, malware, phishing, cryptojacking, and zero-day vulnerability exploits. CISOs need to invest in emerging cybersecurity technologies to stay ahead of cybercriminals. These solutions include AI and deep learning, user behavior analysis, blockchain, next-generation breach detection, and trustless networking. The need for partnership with internal and external security providersThe security industry is in its early years of maturity. CISOs can either choose to be part of this maturation or ignore it. Security as a service is no longer an advantage; it is now essential. The dramatic increase in cyber attacks means that security professionals like an CISO must go beyond traditional perimeter defenses to protect today’s businesses. There are also other needs. 1. Societal standards Data protection is becoming increasingly difficult for businesses to achieve, given the grip of democracy. The more democratic a society, the more open and interactive it is while being accessible. Therefore, protecting critical infrastructure, in this case, becomes a challenge. 2. Unique frames When it comes to cybersecurity, a business needs to consider critical infrastructure, operational technology, and IT systems. All of them have unique settings and vulnerable points. The presence of these frameworks means that a company cannot implement just one type of security system, but will require unique security frameworks. Therefore, companies participate in partnerships to strengthen weak points. These business-to-business partnerships are generally of two types. One is made up of operational alliances such as Cyber Threat Alliance, Global Cyber Alliance, etc., while the other type is known as normative alliances. The cybersecurity CISO is more influential in the case of operational alliances. Indeed, the IT teams, under the direction of the CISOs, will collect information on cybersecurity threats. Another typical example of operational alliances includes the Cybersecurity Tech Accord in which Microsoft is a pioneer, along with other technology companies. This group aims to create a safer online world by fostering collaboration between multinational companies. Cybersecurity CISOs will continue to be a relevant component of a business. By creating partnerships, an CISO can coordinate and manage the company’s efforts in combating cyber threats. |
| PC, internet, smartphone: what is the next great technological era? | John naughton Posted: 11 Sep 2021 08:00 AM PDT OOne of the challenges of writing about technology is how to escape what the sociologist Michael Mann memorably called “the sociology of the last five minutes”. This is especially difficult when it comes to covering the digital tech industry, as you are continually inundated with ‘new stuff’: viral memes, shiny new products or services, Facebook scandals (a staple of the news). week), security breaches, etc. The past few weeks, for example, have brought industry enthusiasm for the idea of a “metaverse” (carefully dissected here by Alex Hern), the flirt with bitcoin, endless stories about central banks and governments starting to worry regulation of crypto-currencies, Apple’s possible overhaul of its plans to scan phones and iCloud accounts for child abuse images, countless ransomware attacks, antitrust lawsuits against app stores, the Theranos lawsuit and so on, apparently To infinity. So how to get out of the sterile syndrome identified by Professor Mann? One way is to borrow an idea by Ben Thompson, a veteran tech commentator who doesn’t suffer from it, and whose (paid) newsletter should be a mandatory daily email for any serious observer of the tech industry. Go back 2014, he suggested that we think of the industry in terms of “eras” – significant periods or eras in the history of a field. At this point, he saw three eras in the evolution of our networked world, each defined according to its core technology and its "killer app". The first era in this context was the PC era, which began in August 1981 when IBM launched its personal computer. The basic technology was the machine’s open architecture and the MS-DOS (later Windows) operating system. And the killer app was the Spreadsheet (which, ironically, had actually been developed – like VisiCalc – on the Apple II). The second epoch was the Internet Age, which began 14 years after the start of the PC Age, with the Netscape IPO in August 1995. The core technology (the “operating system” , if you will) was the web browser – the tool that transformed the Internet. into something non-geeks could understand and use – and the era was initially characterized by a bitter struggle to control the browser, a battle in which Microsoft destroyed Netscape and captured 90% of the market, but ultimately ended. found facing an antitrust lawsuit which almost led to its termination. At that time, research was the app that kills, and ultimately the dominant use became social media, with the dominant market share captured by Facebook. Epoch three as part of Thompson – the era we are in now – was the mobile era. It dates back to January 2007 when Apple announced the iPhone and launched the smartphone revolution. Unlike the previous two eras, there is no dominant operating system: instead, there is a duopoly between Apple’s iOS system and Google’s Android system. The app that kills is what is known as the "sharing economy" (which of course is nothing of the sort), and messages of all kinds have become the dominant medium. And now, it looks like this smartphone age is reaching its peak. If this is indeed what is happening, the obvious question is: what comes next? What will the fourth epoch look like? And here it is worth borrowing an idea from another perceptive observer of these things, the novelist William Gibson, who observed that "the future is already here; it’s just not evenly distributed. If it’s as deep as I think it is, then what we should be looking for are things that continue to bubble in disjointed and seemingly unrelated ways, like the hot lava jets in Iceland or other geologically unstable regions. . So what can we see bubbling up in tech right now? If you believe the industry, metaverse (plural) – essentially designed as massive virtual reality environments – could be a big thing. It sounds like this watcher is wishful thinking for psychotics. In any case, at its end, the The idea of the metaverse is a vision an immersive video game-like environment to entertain wealthy humans in their air-conditioned caves while the planet cooks and less fortunate humans struggle to breathe. In that sense, the metaverse might just be a way to avoid unpleasant realities. (But then, as one prominent Silicon Valley figure recently joked, maybe the reality is overestimated anyway.) Two other plausible candidates for what will fuel future eras are cryptography – in the sense of blockchain technology – and quantum computing. But an era where these technologies are dominant would embody an intriguing contradiction: Our current cryptographic tools depend on the creation of keys that would take millions of years to decipher conventional computers. Quantum computers, however, would break them down in nanoseconds. In that case, we may eventually have to admit that, as a species, we are too smart for our own good. What i readprepare yourselves Get reading Domestic spies |
| Arista Networks, Inc. (NYSE: ANET) is expected to report quarterly sales of $ 737.15 million Posted: 11 Sep 2021 03:12 AM PDT Stock analysts expect Arista Networks, Inc. (NYSE: ANET) to report sales of $ 737.15 million for the current quarter, Zacks Investment Research reports. Seven analysts have estimated Arista Networks earnings. The highest sales estimate is $ 739.90 million and the lowest is $ 735.00 million. Arista Networks reported revenue of $ 605.43 million in the same quarter last year, indicating a positive year-over-year growth rate of 21.8%. The company is expected to announce its next quarterly earnings report on Monday, November 1. On average, analysts expect Arista Networks to report annual revenue of $ 2.87 billion for the current year, with estimates ranging from $ 2.85 billion to $ 2.88 billion. . For next year, analysts expect the company to post revenue of $ 3.22 billion, with estimates ranging from $ 3.06 billion to $ 3.41 billion. Zacks’ sales averages are an average based on a survey of sales-side research analysts who cover Arista Networks. Arista Networks (NYSE: ANET) last reported its quarterly results on Sunday, August 1. The tech company reported EPS of $ 2.72 for the quarter, beating Thomson Reuters’ consensus estimate of $ 2.54 of $ 0.18. The company posted revenue of $ 707.30 million in the quarter, compared to analysts’ estimates of $ 688.89 million. Arista Networks recorded a return on equity of 20.92% and a net margin of 27.72%. The company’s revenue grew 30.8% year-over-year. During the same period of the previous year, the company posted earnings per share of $ 2.11. (A d) This guide will help you assess and analyze your trading plan to create a personalized options trading strategy tailored to your risk profile and market outlook. Learn how to take your trading to the next level. Several equity research analysts recently commented on the company. UBS Group raised its price target on Arista Networks from $ 370.00 to $ 420.00 and gave the company a "buy" rating in a report released on Tuesday, August 3. Piper Sandler raised her price target for Arista Networks stock from $ 330.00 to $ 379.00 and gave the company a “neutral” rating in a research note on Tuesday, August 3. Evercore ISI reaffirmed a “buy” note on Arista Networks shares in a research note on Sunday, August 8. KeyCorp raised its price target for Arista Networks stock from $ 424.00 to $ 430.00 and rated the stock “overweight” in a Tuesday August 3 research note. Finally, Credit Suisse Group raised its price target on Arista Networks shares from $ 362.00 to $ 410.00 and gave the company an “outperformance” rating in a research report published on Tuesday 3 August. Six investment analysts rated the stock with a conservation rating and fifteen gave the stock a buy rating. Based on data from MarketBeat, Arista Networks currently has a consensus rating of "Buy" and an average target price of $ 381.33. Arista Networks stock opened at $ 350.92 on Friday. The company has a fifty-day moving average of $ 369.96 and a 200-day moving average of $ 337.72. Arista Networks has a 52 week low of $ 192.96 and a 52 week high of $ 384.00. The company has a market cap of $ 26.92 billion, a P / E ratio of 38.27, a PEG ratio of 3.12 and a beta of 1.15. In other Arista Networks news, CEO Jayshree Ullal sold 2,375 shares of the company in a transaction dated Thursday, July 1. The shares were sold at an average price of $ 364.08, for a total trade of $ 864,690.00. As a result of the transaction, the CEO now owns 991 shares of the company, valued at approximately $ 360,803.28. The transaction was disclosed in a file with the SEC, accessible through this link. Additionally, insider Andreas Bechtolsheim sold 9,135 shares of the company in a trade that took place on Tuesday, September 7. The stock was sold for an average price of $ 359.72, for a total value of $ 3,286,042.20. Disclosure of this sale can be found here. Insiders have sold 212,880 shares of the company valued at $ 78,665,635 in the past 90 days. Insiders hold 22.01% of the shares of the company. Large investors recently changed their holdings of stocks. AQR Capital Management LLC strengthened its position in Arista Networks shares by 12.3% in the 1st quarter. AQR Capital Management LLC now owns 50,477 shares of the tech company valued at $ 15,061,000 after purchasing an additional 5,531 shares during the period. JPMorgan Chase & Co. increased its stake in Arista Networks by 436.1% during the first quarter. JPMorgan Chase & Co. now owns 468,805 shares of the tech company valued at $ 141,528,000 after purchasing an additional 381,356 shares in the last quarter. Alliancebernstein LP increased its stake in Arista Networks shares by 16.8% in the second quarter. Alliancebernstein LP now owns 1,484,812 shares of the technology company valued at $ 537,962,000 after purchasing an additional 213,915 shares during the period. Rafferty Asset Management LLC increased its position in Arista Networks shares by 6.5% in the first quarter. Rafferty Asset Management LLC now owns 10,651 shares of the technology company valued at $ 3,215,000 after acquiring an additional 651 shares in the last quarter. Finally, Gabelli Funds LLC increased its stake in Arista Networks shares by 40.0% during the first quarter. Gabelli Funds LLC now owns 7,000 shares of the technology company valued at $ 2,113,000 after acquiring an additional 2,000 shares during the period. Hedge funds and other institutional investors hold 61.51% of the company’s shares. Arista Networks Company Profile Arista Networks, Inc is engaged in the development, marketing and sale of cloud networking solutions. Its cloud-based networking solutions consist of an extensible operating system (EOS), a set of network applications, and Ethernet switching and routing platforms. The company was founded by Andreas Bechtolsheim, David Cheriton and Kenneth Duda in October 2004 and is headquartered in Santa Clara, California. Further reading: What is the period of silence? Get a Free Copy of Zacks’ Research Report on Arista Networks (ANET) For more information on Zacks Investment Research’s research offerings, visit Zacks.com This instant news alert was powered by storytelling technology and financial data from MarketBeat to provide readers with the fastest, most accurate reports. This story was reviewed by the MarketBeat editorial team prior to publication. Please send any questions or comments about this story to [email protected] Should you invest $ 1,000 in Arista Networks now?Before you consider Arista Networks, you’ll want to hear this. MarketBeat tracks Wall Street’s top-rated and top-performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat identified the five stocks that top analysts quietly whisper to their clients to buy now before the larger market takes hold of… and Arista Networks was not on the list. While Arista Networks currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better bids. See the 5 actions here
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