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BlackBerry Lifts Revenue Forecast on Strong Cybersecurity Demand

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BlackBerry raised its fiscal 2026 revenue forecast on Thursday, citing robust demand for its cybersecurity software as businesses step up defenses against rising cyber threats fueled by advances in artificial intelligence.

The Canadian company now expects annual revenue of $519 million to $541 million, up from its previous range of $508 million to $538 million.

BlackBerry reported second-quarter revenue of $129.6 million, topping analysts’ estimates of $122.1 million, according to LSEG data. The company also posted earnings of 2 cents per share, compared with a loss of 3 cents a year earlier.

Enterprises have been investing heavily in cybersecurity software to protect digital infrastructure as hackers exploit new vulnerabilities. This trend has helped BlackBerry’s software business remain resilient even amid a challenging tech spending environment.

Following the announcement, BlackBerry’s U.S.-listed shares rose about 2% in premarket trading.

Collins Aerospace Works to Restore Airline Software After Cyberattack

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Collins Aerospace, a subsidiary of RTX, said on Wednesday it is working to restore its passenger processing software after a cyber intrusion disrupted airline operations across several European airports.

The company’s MUSE system—which supports passenger check-in, baggage handling, and boarding—was knocked offline on September 19 in what has been identified as a ransomware attack. The disruption caused widespread travel delays and cancellations.

British police confirmed on Wednesday that they had arrested a man in connection with the incident, though investigations remain ongoing.

Berlin airport, one of the affected hubs, said it was still struggling to fully restore its check-in and baggage systems and warned travelers to expect further delays and cancellations.

The Collins Aerospace hack is the latest in a string of cyberattacks in Europe that have triggered significant real-world consequences, underscoring the vulnerability of critical infrastructure to digital threats.

U.S. Senators Press Tinder Parent Match to Address Dating Scams

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Two U.S. senators urged Match Group, the parent company of Tinder, to step up its fight against romance scams across its dating platforms. In a letter sent Wednesday to CEO Spencer Rascoff, Democratic Senator Maggie Hassan and Republican Senator Marsha Blackburn requested details on Match’s policies and safeguards against fraudulent activity.

Romance scams typically involve fraudsters creating convincing but fake profiles to lure victims into prolonged interactions before soliciting money or gifts. The senators expressed concern that Match’s platform design and algorithms may unintentionally foster trust that scammers exploit.

According to the FBI, cybercrime caused victims more than $16 billion in global losses last year, with romance scams alone responsible for hundreds of millions of dollars.

Hassan and Blackburn gave Match until October 15 to provide documents showing its prevention measures and an explanation of how scams persist on its apps, which also include Hinge and OkCupid.

In response, Match said it welcomed “constructive conversations” with lawmakers. Yoel Roth, the company’s Trust & Safety chief, said Match has invested heavily in advanced fraud detection systems, user safety features, and partnerships with law enforcement and industry groups.

Match has faced regulatory scrutiny before. In 2019, the Federal Trade Commission accused the company of sending fake “interest” notifications from accounts it knew were fraudulent on Match.com. The Department of Justice later closed its probe in 2020.

To combat impersonation, Match has introduced tools like “face check” to verify profiles and reduce the spread of fake accounts.