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Riyadh Hosts Black Hat...World's Fastest-Growing Cybersecurity Event

Riyadh Hosts Black Hat...World's Fastest-Growing Cybersecurity Event
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Riyadh Hosts Black Hat...World's Fastest-Growing Cybersecurity Event

Riyadh Hosts Black Hat...World's Fastest-Growing Cybersecurity Event

The Black Hat 23 cybersecurity event is set to launch for the second consecutive year at Riyadh Front Exhibition & Conference Center on November 14.

The three-day event, organized by the Saudi Federation for Cybersecurity, Programming, and Drones in collaboration with Tahaluf, bears the captivating theme "Infosec on the Edge" and will feature the participation of distinguished experts, speakers, security researchers, and investors.

The second Riyadh-hosted Black Hat encompasses a wide range of significant stages, including the Executive Summit, where chief information security officers (CISOs) and executives come together to exchange insight and experiences while discussing the future of the cybersecurity sector.

The Business Hall serves as the largest gathering of prominent local and global cybersecurity companies, allowing them to showcase their products and services. The CISO Club is a consortium tailored for sector leaders, providing them exclusive access to valuable resources and activities associated with the Black Hat event, SPA reported.

The event features Arsenal, a dedicated space where developers participate in workshops focused on exploring open-source programming and encryption tools, pushing the boundaries of cybersecurity possibilities. The Deep Dive Stage delves into unexplored opportunities in the field.

The Black Hat Campus for Students connects entry-level individuals with educational and employment entities. There are technical workshops that cover the latest research and studies in information security. The event offers intensive training sessions on defensive security techniques, hack testing methods, mobile app security, and several other related topics.

The CyberSeed Competition at Black Hat presents four startup awards, which include the Innovative Ideator category for pre-revenue startups with promising ideas, Shining Seedling for early-stage revenue-generating startups, Established Excellence for experienced startups, and Saudi Superstar for recognizing cybersecurity talent in Saudi Arabia.

The event will feature a lineup of cybersecurity experts hailing from prominent international companies including Uber, Snap Inc., Apple, Zoom, Google, Coinbase, Boom, Airbus, Bae Systems, SocialProof Security, and a wide spectrum of other companies.

This year's Activity Zone offers a chance to win substantial awards exceeding SAR 1,000,000 across various challenges and competitions. These include Capture the Flag with more than 1,000 participants, Bug Bounty Cup, Lockpick Village, Chip Off Village, Drone Zone, and Smart City Simulation and Smart Contract Hacking.

Saudi Federation for Cybersecurity, Programming, and Drones CEO Mutaib Al-Qani emphasized the significance of the event. “Black Hat offers a valuable opportunity for investors, startups, and anyone interested in engaging with influential leaders in the cybersecurity sector,” he said. “This year, we aim to offer a unique edition by providing platforms and sessions that delve into the future of cybersecurity, along with a range of novel and diverse events.”

The second Riyadh-hosted Black Hat anticipates over 40,000 experts, 350 exhibitors, 300 speakers, 50 startups, and more than 150 briefings, making it as an unmissable event in the cybersecurity realm.

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US May Target Samsung, Hynix, TSMC Operations in China

A man walks past the logo of Samsung Electronics displayed outside the company's Seocho building in Seoul on April 30, 2025. (Photo by Jung Yeon-je / AFP)
A man walks past the logo of Samsung Electronics displayed outside the company's Seocho building in Seoul on April 30, 2025. (Photo by Jung Yeon-je / AFP)
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US May Target Samsung, Hynix, TSMC Operations in China

A man walks past the logo of Samsung Electronics displayed outside the company's Seocho building in Seoul on April 30, 2025. (Photo by Jung Yeon-je / AFP)
A man walks past the logo of Samsung Electronics displayed outside the company's Seocho building in Seoul on April 30, 2025. (Photo by Jung Yeon-je / AFP)

The US Department of Commerce is considering revoking authorizations granted in recent years to global chipmakers Samsung, SK Hynix and TSMC, making it more difficult for them to receive US goods and technology at their plants in China, according to people familiar with the matter.

The chances of the United States withdrawing the authorizations are unclear. But with such a move, it would be harder for foreign chipmakers to operate in China, where they produce semiconductors used in a wide range of industries, Reuters said.

A White House official said the United States was "just laying the groundwork" in case the truce reached between the two countries fell apart. But the official expressed confidence that the trade agreement would go forward and that rare earths would flow from China, as agreed.

"There is currently no intention of deploying this tactic," the official said. "It's another tool we want in our toolbox in case either this agreement falls through or any other catalyst throws a wrench in bilateral relations."

Shares of US chip equipment makers that supply plants in China fell when the Wall Street Journal first reported the news earlier on Friday. KLA Corp dropped 2.4%, Lam Research fell 1.9% and Applied Materials sank 2%. Shares of Micron, a major competitor to Samsung and SK Hynix in the memory chip sector, rose 1.5%.

A TSMC spokesman declined comment. Samsung and Hynix did not immediately respond to requests for comment. Lam Research, KLA and Applied Materials did not immediately respond, either.

In October 2022, after the United States placed sweeping restrictions on US chipmaking equipment to China, it gave foreign manufacturers like Samsung and Hynix letters authorizing them to receive goods.

In 2023 and 2024, the companies received what is known as Validated End User status in order to continue the trade.

A company with VEU status is able to receive designated goods from a US company without the supplier obtaining multiple export licenses to ship to them. VEU status enables entities to receive US-controlled products and technologies "more easily, quickly and reliably," as the Commerce Department website puts it.

The VEU authorizations come with conditions, a person familiar with the matter said, including prohibitions on certain equipment and reporting requirements.

“Chipmakers will still be able to operate in China," a Commerce Department spokesperson said in a statement when asked about the possible revocations. "The new enforcement mechanisms on chips mirror licensing requirements that apply to other semiconductor companies that export to China and ensure the United States has an equal and reciprocal process.”

Industry sources said that if it became more difficult for US semiconductor equipment companies to ship to foreign multinationals, it would only help domestic Chinese competitors.

"It’s a gift," one said.