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Trellix (formerly FireEye and McAfee Enterprise) is a privately held cybersecurity company that was founded in 2022. It provides hardware, software, and services to investigate cybersecurity attacks, protect against malicious software, and analyze IT security risks. In March 2021, Symphony Technology Group (STG) announced its acquisition of McAfee Enterprise in an all-cash transaction for US$4.0 billion. STG completed the acquisition of McAfee's Enterprise business in July 2021 with plans for re-branding. In June 2021, FireEye sold its name and products business to STG for $1.2bn. STG combined FireEye with McAfee's enterprise business to launch Trellix, an extended detection and response (XDR) company. Meanwhile, McAfee Enterprise's security service edge (SSE) business would operate as a separate company to be known as Skyhigh Security. History FireEye was founded in 2004 by Ashar Aziz, a former Sun Microsystems engineer. FireEye's first commercial product was not developed ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ...
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied ...
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Research And Development
Research and development (R&D or R+D), known in some countries as OKB, experiment and design, is the set of innovative activities undertaken by corporations or governments in developing new services or products. R&D constitutes the first stage of development of a potential new service or the production process. Although R&D activities may differ across businesses, the primary goal of an R&D department is to new product development, develop new products and services. R&D differs from the vast majority of corporate activities in that it is not intended to yield immediate profit, and generally carries greater risk and an uncertain return on investment. R&D is crucial for acquiring larger shares of the market through new products. ''R&D&I'' represents R&D with innovation. Background New product design and development is often a crucial factor in the survival of a company. In a global industrial landscape that is changing fast, firms must continually revise their design and range of ...
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Operating Cost
Operating costs or operational costs, are the expenses which are related to the operation of a business, or to the operation of a device, component, piece of equipment or facility. They are the cost of resources used by an organization just to maintain its existence. Business operating costs For a commercial enterprise, operating costs fall into three broad categories: * Fixed costs, which are the same whether the operation is closed or running at 100% capacity. Fixed costs include items such as the rent of the building. These generally have to be paid regardless of what state the business is in. * Variable costs, which may increase depending on whether more production is done, and how it is done (producing 100 items of product might require 10 days of normal time or take 7 days if overtime is used. It may be more or less expensive to use overtime production depending on whether faster production means the product can be more profitable). Variable costs include indirect overh ...
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Anthem Medical Data Breach
The Anthem medical data breach was a medical data breach of information held by Elevance Health, known at that time as Anthem Inc. On February 4, 2015, Anthem, Inc. disclosed that criminal hackers had broken into its servers and had potentially stolen over 37.5 million records that contain personally identifiable information from its servers. On February 24, 2015 Anthem raised the number to 78.8 million people whose personal information had been affected. According to Anthem, Inc., the data breach extended into multiple brands Anthem, Inc. uses to market its healthcare plans, including, Anthem Blue Cross, Anthem Blue Cross and Blue Shield, Blue Cross and Blue Shield of Georgia, Empire Blue Cross and Blue Shield, Amerigroup, Caremore, and UniCare. Healthlink says that it was also a victim. Anthem says users' medical information and financial data were not compromised. Anthem has offered free credit monitoring in the wake of the breach. Michael Daniel, chief adviser on cyberse ...
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Sony Pictures Hack
On November 24, 2014, the hacker group " Guardians of Peace" leaked confidential data from the film studio Sony Pictures Entertainment (SPE). The data included employee emails, personal and family information, executive salaries, copies of then-unreleased films, future film plans, screenplays, and other information. The perpetrators then employed a variant of the Shamoon wiper malware to erase Sony's computer infrastructure. During the hack, the group demanded that Sony withdraw its then-upcoming film '' The Interview'', a political satire action comedy film produced and directed by Seth Rogen and Evan Goldberg. The film stars Rogen and James Franco as journalists who set up an interview with North Korean leader Kim Jong Un only to then be recruited by the CIA to assassinate him. The hacker group threatened terrorist attacks at cinemas screening the film, resulting in many major U.S. theater chains opting not to screen ''The Interview''. In response to these threats, Sony ...
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2014 JPMorgan Chase Data Breach
The 2014 JPMorgan Chase data breach was a cyberattack against American bank JPMorgan Chase that is believed to have compromised data associated with over 83 million accounts—76 million households (approximately two out of three households in the country) and 7 million small businesses. The data breach is considered one of the most serious intrusions into an American corporation's information system and one of the largest data breaches in history. The cyberattack The attack—disclosed in September 2014—was discovered by the bank's security team in late July 2014, but not completely halted until the middle of August. The bank declared that financial and login information associated with the accounts (such as social security numbers or passwords) were not compromised but names, email, postal addresses, and phone numbers of account holders were obtained by hackers, raising concerns of potential phishing, phishing attacks. The hackers obtained a list of JPMorgan's applications an ...
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History Of Target Corporation
The history of Target Corporation first began in 1902 by George Dayton. The company was originally named Goodfellow Dry Goods in June 1902 before being renamed the Dayton's Dry Goods Company in 1903 and later the Dayton Company in 1910. The first Target store opened in Roseville, Minnesota, in 1962, while the parent company was renamed the Dayton Corporation in 1967. It became the Dayton-Hudson Corporation after merging with the J.L. Hudson Company in 1969 and held ownership of several department store chains including Dayton's, Hudson's, Marshall Field's, and Mervyn's. In 2000, the Dayton-Hudson Corporation was renamed to Target Corporation. 1902–1961: Dayton Company The Westminster Presbyterian Church in downtown Minneapolis burned down during the Panic of 1893; the church was looking for revenue because insurance would not cover the cost of a new building. Its congregation appealed to George Dayton, an active parishioner, to purchase the empty corner lot adjacent to the ...
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Hacker Group
Hacker groups are informal communities that began to flourish in the early 1980s, with the advent of the home computer. Overview Prior to that time, the term ''hacker'' was simply a referral to any Hacker (hobbyist), computer hobbyist. The hacker groups were out to make names for themselves, and were often spurred on by their own press. This was a heyday of hacking, at a time before there was much law against computer crime. Hacker groups provided access to information and resources, and a place to learn from other members. Hackers could also gain credibility by being affiliated with an elite group. The names of hacker groups often parody large corporations, governments, police and criminals; and often used specialized orthography. See also *List of hacker groups References

{{Reflist Underground computer groups Hacker groups, ...
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Data Breach
A data breach, also known as data leakage, is "the unauthorized exposure, disclosure, or loss of personal information". Attackers have a variety of motives, from financial gain to political activism, political repression, and espionage. There are several technical root causes of data breaches, including accidental or intentional disclosure of information by insiders, loss or theft of unencrypted devices, hacking into a system by exploiting software vulnerabilities, and social engineering attacks such as phishing where insiders are tricked into disclosing information. Although prevention efforts by the company holding the data can reduce the risk of data breach, it cannot bring it to zero. The first reported breach was in 2002 and the number occurring each year has grown since then. A large number of data breaches are never detected. If a breach is made known to the company holding the data, post-breach efforts commonly include containing the breach, investigating its scope ...
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