Cisco Systems Inc (CSCO) - Get Report will launch an "intent-based" network to detect malware when it's hidden in encrypted web traffic. This will make it harder for cyber attackers to get into systems running on Cisco products, CNBC reported.

The internet and networking systems business said it is the only company currently using this technology. The network, called Encrypted Traffic Analytics, will be able to detect abnormalities without infringing on privacy.

"We're ushering in a new era of networking that's powered by intent, informed by context and over time continues to adapt and learn," CEO Chuck Robbins said.

The technology will be sold as a subscription service and is being tested with 75 customers now. So far it is 99% effective, Robbins said.

Cisco stock was slightly down in mid-afternoon trading.

What's Hot On TheStreet

Amazon has some work to do with Whole Foods: Organic grocer Whole Foods (WFM) needs Amazon's (AMZN) - Get Report tech know-how, and it needs it very quickly to slash prices.

TheStreet's Lindsay Rittenhousewent shopping online at Ohio stores to see how Whole Foods stacked up against Walmart Stores Inc. (WMT) - Get Report and rival grocer Kroger (KR) - Get Report . While the results may not be shocking, they show just how much Amazon will have to cut for Whole Foods to be on equal footing with some of its competitors.

The cost of eight everyday food items at Whole Foods, TheStreet found, were nearly double those of the ones at Walmart, but Kroger undercut them both. Whole Foods' basket cost $38.29; Walmart's, $19.86; and Kroger's, $16.58.

With data as shocking as this, it's no wonder Whole Foods founder John Mackey is in love with Amazon.

Tesla's stock is out of control: Tesla Inc. (TSLA) - Get Report shares are expected to have a strong session amid reports Elon Musk's electric car baby may open a new production facility in China. Such a move would avoid tariffs in the world's second-largest economy, but risk the ire of U.S. President Donald Trump's "buy American, hire American" industrial policy, TheStreet's Martin Baccardax reports.

Tesla's market cap is now more than $60 billion and climbing, despite the company continuing to lose money. Ford's (F) - Get Report market clocks in at $44.7 billion, while General Motors (GM) - Get Report stands at $51.9 billion.

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