Blackberry (BB) Stock News, Jan-Feb 2023

BlackBerry (NYSE: BB) released a survey indicating that 51% of IT decision-makers anticipate a successful cyberattack via ChatGPT within a year. A majority (74%) recognize ChatGPT's cybersecurity threats, with key concerns including its potential for creating convincing phishing emails (53%) and aiding hackers' skill development (49%). The survey included 1,500 IT professionals in North America, the UK, and Australia. Additionally, 82% plan to invest in AI-driven cybersecurity within the next two years, highlighting growing concerns with traditional security methods. Overall, 95% believe in the need for government regulation of advanced technologies.

BlackBerry has released its inaugural Global Threat Intelligence Report, revealing that it prevented 1.75 million malware-based cyberattacks in the last 90 days, averaging more than 62 threats per hour. The report highlights the resurgence of the Emotet botnet and the prevalence of Qakbot phishing attacks. Key findings indicate that 34% of macOS client organizations were infected by the malicious app Dock2Master, and RedLine emerged as a dominant infostealer. BlackBerry aims to enhance cybersecurity by providing timely and actionable intelligence, addressing threats in sectors like automotive, healthcare, and finance.

BlackBerry Limited has announced its milestone achievement as the first company in the Americas to receive the OpenChain Security Assurance Specification certification. This certification validates BlackBerry's capacity to manage open-source software vulnerabilities within its cybersecurity and IoT product portfolios. The initiative aims to enhance security for customers amid increasing cyber threats. With this certification, BlackBerry reinforces its commitment to providing a trusted software supply chain, which is crucial for reducing business risks linked to cyberattacks. This effort builds on previous compliance with OpenChain ISO/IEC 5230:2020.

Car IQ has partnered with BlackBerry to showcase a breakthrough in automotive payments at CES 2023. The new in-dash vehicle wallet, powered by BlackBerry IVY, allows drivers to pay for gas, tolls, parking, and EV charging directly from their car without a credit card. This innovation enables secure transactions and enhances customer engagement through merchant offers. Car IQ Pay is already accepted at over 21,500 fuel stations, simplifying the process of refueling and ensuring efficient payment processing for consumers and fleets alike.

BlackBerry and Elektrobit are enhancing their automotive safety initiatives by integrating the Rust programming language, aimed at improving developer efficiency and safety in software for vehicles. This collaboration responds to industry demands for safer, reliable automotive software, as Rust addresses memory safety vulnerabilities, which constitute 60-70% of security flaws in existing languages. BlackBerry QNX is already deployed in over 215 million vehicles globally, marking a significant step in maintaining competitive standards in software-defined vehicles.

On January 5, 2023, BlackBerry Limited (NYSE: BB) announced its expanded collaboration with Marelli to enhance in-car audio experiences using the QNX Acoustics Management Platform (AMP). This initiative aims to improve voice command accuracy, mitigate background noise, and provide advanced sound management features in software-defined vehicles. The new technologies will be showcased at CES 2023. BlackBerry and Marelli have been partners since 2016, focusing on intelligent cockpit technologies for connected vehicles.

BlackBerry and Texas Instruments have launched the QNX Academy for Functional Safety, a comprehensive online training platform aimed at enhancing embedded software development. This initiative combines resources from both companies to facilitate safe and secure system innovation. Key offerings include access to TDA4VM Edge AI starter kit, QNX evaluation licenses, and self-paced training modules focused on functional safety. This collaboration aims to streamline the development process for safety-critical systems, particularly in industrial applications. The academy is available on the TI Developer Zone.

BlackBerry Limited (NYSE: BB) announced the launch of QNX® Accelerate, a cloud-enabled version of its QNX Neutrino RTOS and QNX OS for Safety, now available on AWS Marketplace. This initiative is aimed at enhancing embedded systems development across various sectors, including automotive and IoT, by shortening development cycles and reducing time to market. The announcement was met with enthusiasm during the AWS re:Invent 2022 event. BlackBerry's solutions are expected to support customers in streamlining their software development for Software Defined Vehicles.

BlackBerry Limited (NYSE: BB) announced at CES 2023 the debut of BlackBerry IVY, a cloud-connected automotive AI platform, pre-integrated on digital cockpit platforms by Bosch and PATEO. The platform aims to enhance vehicle experiences through third-party applications. Set for general availability in May 2023, this solution reflects two years of development and collaboration with automotive partners. Demonstrations will showcase innovative features like predictive maintenance and vehicle payment solutions, highlighting the platform's potential in the software-defined vehicle market.