Cybersecurity
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China’s Cyberspace Administration Cracks Down on Corporate Defamation and Malicious Online Practices
China’s Cyberspace Administration (CAC) launched a two-month nationwide campaign against corporate cyber smear activities, targeting organized defamation, extortion, market manipulation, and identity theft. Part of the 2025 “Clear and Bright” initiative, the crackdown addresses fabricated claims, “pay-to-delete” schemes, false financial narratives, and executive impersonation. The move reinforces oversight of China’s $1.5 trillion digital content moderation industry, responding to rising reputational costs (up to 9% of annual revenue for firms) and may accelerate AI-driven verification tools to enhance cybersecurity.
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Parsons’ Global Infrastructure Leadership Demonstrates Robust Portfolio, Proven Expertise, and Strategic Strength Amid President’s Middle East Visit
Parsons Corporation (NYSE: PSN) solidified its strategic role in Gulf infrastructure during President Trump’s Middle East visit, securing key projects like Saudi Arabia’s $7 billion King Salman International Airport and NEOM’s AI-driven THE LINE. With $1+ billion regional revenue in 2024, a 7,000-strong local workforce, and dual expertise in defense (e.g., cybersecurity) and smart urban development (including Qatar’s World Cup infrastructure), the firm leverages its 60-year regional legacy and digital innovation to align with GCC states’ Vision 2030 goals. Its hybrid civil-defense business model capitalizes on the Gulf’s $1.2 trillion infrastructure boom while navigating geopolitical and regulatory complexities.