Infosec Industry News
A collection of Infosec latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Inside the race to quell prediction markets' insider trading woes
Tucked deep inside the Manhattan offices of the prediction market firm Kalshi lies a dimly lit annex, where about a dozen young men in athleisure wear quietly tap away at keyboards. The open concept and casually attired employees bear a resemblance…
CNBC Daily Open: Hostilities heat up, market rally cools
Stocks reverse gains amid an escalation in hostilities between the U.S. and Iran. Oil prices spike in early trade after Iran targets a U.S. airbase and American forces launch fresh strikes on Iran. Kuwait activates air defenses in response to…
A Google engineer made $1.2 million via insider trading on Polymarket under the name 'AlphaRaccoon': DOJ
The DOJ said a Google engineer used confidential company information to mint over $1 million in profit on Polymarket. A New York district attorney, Jay Clayton, said in a Wednesday news release that Google software engineer Michele Spagnuolo used…
Google employee charged with fraud after winning $1.2m on Polymarket
A Google employee was charged with fraud wednesday after allegedly winning $1.2m betting on Google trends at gambling site Polymarket. Michele Spagnulo, 36, used insider info and a pseudonym, prosecutors say, to run the table. Arrested in New York…
Google worker charged for using internal data to make $1.2m on Polymarket
A Google employee has been arrested for allegedly using his access to company information to successfully place lucrative bets on the prediction platform Polymarket. The US Attorney for the Southern District of New York said it had charged Michele…
Leaders Must Rethink Cyber Risk Oversight For The AI Era
Bhavya Bhandari is Senior Manager, Technology Consulting, at Ernst & Young LLP. We are living in an era when artificial intelligence is changing faster than how we detect cyber risks. Threats that once took weeks or months to identify and evaluate…
Wall Street Breakfast Podcast: Snowflake Turns Up The Heat
Listen below or on the go via Apple Podcasts and Spotify Snowflake (SNOW) skyrockets after Q1 report features Natoma acquisition and AWS deal. (00:14) Google (GOOG) (GOOGL) employee faces fraud charges over $1.2M Polymarket bet. (1:31) Ohio to…
Google employee charged with $1M Polymarket insider trading bet on search term
Federal prosecutors charged a Google employee with fraud on Wednesday, alleging that he made $1.2 million from bets on Polymarket that used insider information. The employee, Michele Spagnuolo, has been charged with money laundering, commodities…
OpenAI has vast ad ambitions. Here's where you're most likely to see ads in ChatGPT, now.
Bit by bit, advertisements are creeping onto ChatGPT. OpenAI's ads push has been met with intense scrutiny. It's a potentially huge revenue driver, and it also raises questions about privacy, personalization, and bias in its chatbot. Business…
Walmart's warehouse club assembled a growing army of fans to help in its race against Costco
Focus groups are a mainstay of retail, but Walmart's warehouse club is taking it to another level in its battle against Costco. Sam's Club is assembling a large and growing community of shoppers to help it develop new products as it races to expand…
The CISO selling confidence in a market full of breach headlines
Engineering teams across enterprise IT are writing their own software with AI coding assistants, spinning up agents that act on their behalf, and assigning those agents the same access privileges their human creators hold. The shift has pulled the…
Employees are unknowingly inviting tech support impersonators into firms, says FBI
Credit: Alexander Supertramp / Shutterstock Online or telephone IT support scams have been tricking employees into downloading or clicking on malware for years. But according to the FBI, one group that targets US-based law firms has recently found…
UK Visa Portal exposed thousands of applicants' passports and selfies - then called the lawyers on us
A website called UK Visa Portal publicly exposed thousands of passports and selfie photos of applicants who paid the site to obtain a U.K. immigration visa, TechCrunch has learned. An anonymous person notified TechCrunch about the security lapse…
Exclusive: Geordie AI, cybersecurity company for AI agents, raises $30 million Series A
Geordie AI, a London-based startup which provides a security and governance platform for AI agents, has raised a $30 million Series A round led by Balderton Capital. The round, according to calculations based on filings with the British business…
Calamos U.S. Opportunities Strategy Q1 2026 Commentary
For the quarter ended March 31, 2025, the portfolio returned -3.59% (gross of fees) and -3.77% (net of fees) compared with the S&P 500 Index's return of -4.33%. The portfolio benefited from favorable security selection and an average underweight…
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