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Plurilock Named Certified Services Partner for Forcepoint
Newsfile· 2025-07-10 11:00
Core Insights - Plurilock Security Inc. has been named a Certified Services Partner for Forcepoint, enhancing its position in the cybersecurity market [1][5] - The partnership allows Plurilock to offer integrated services to Forcepoint customers, including implementation, policy tuning, hosting, and fully managed services [2][4] - This collaboration aims to provide operational value and support for organizations, particularly those with limited internal resources, by optimizing existing Forcepoint deployments [3][4] Company Developments - The partnership with Forcepoint is a continuation of Plurilock's earlier designation as an Authorized Managed Security Service Provider (MSSP) [5] - Plurilock's Critical Services will be integrated into its Data Protection as a Service (DPaaS) platform, providing centralized support across various environments [4][8] - The collaboration is already generating joint sales engagements and new leads in both enterprise and public sector accounts [3][7] Industry Context - The partnership reflects a growing trend in the cybersecurity industry towards AI-powered, unified data security solutions that adapt to risk and simplify protection across environments [4] - Plurilock's services are designed to reduce risk, ensure compliance, and enhance long-term system effectiveness for clients [4][5] - The collaboration positions Plurilock as a trusted advisor and managed cybersecurity provider in complex enterprise and regulated markets [5][6]
FTNT vs. CHKP: Which Network Security Stock is the Better Pick?
ZACKS· 2025-07-09 17:01
Core Insights - The cybersecurity landscape is rapidly evolving, with network security being a critical priority for enterprises globally. Fortinet (FTNT) and Check Point Software Technologies (CHKP) are leading providers of network security solutions, offering comprehensive platforms to protect organizations from sophisticated threats [1][2] Group 1: Company Performance - Fortinet is experiencing exceptional growth momentum across multiple business segments, with a unified SASE strategy gaining traction, leading to security service building growth exceeding 110% and unified SASE representing 25% of total business [4][6] - Fortinet's Quantum Force appliances have driven product revenues up by 14% year over year, with 73% of large enterprise customers adopting their SD-WAN solution, facilitating FortiSASE expansion [5] - Check Point's Quantum Force appliances show strong demand, with revenues exceeding the midpoint of guidance ranges, and the Infinity platform demonstrating over 15% of total revenues with strong double-digit growth year over year [8][11] Group 2: Leadership and Strategy - Fortinet is well-positioned for growth with a record free cash flow of $783 million and a margin of 51%, benefiting from an anticipated firewall refresh cycle in the second half of 2025 [6] - Check Point is under new CEO Nadav Zafrir's leadership, implementing a transformation strategy focused on growth and enhancing go-to-market capabilities, including a strategic partnership with Wiz for cloud security [9][10] Group 3: Financial Metrics and Valuation - Fortinet's Zacks Consensus Estimate for 2025 earnings is $2.48 per share, indicating a growth of 4.64% year-over-year, while Check Point's estimate is $9.91 per share, reflecting an 8.91% growth year-over-year [7][12] - Fortinet's shares gained 11.6% in three months, outperforming Check Point's 5.8% return, with both stocks trading at premium valuations; Fortinet has a price-to-sales ratio of 11.5x compared to CHKP's 8.91x [13][15] Group 4: Investment Outlook - Fortinet is identified as the superior investment choice for 2025 due to stronger revenue growth momentum, a better-positioned SASE strategy, and clear catalysts like the firewall refresh cycle [19] - Check Point offers stability and transformation potential but faces execution risks and a slower growth trajectory, suggesting investors may consider holding existing positions or waiting for more attractive entry points [19]
RH-ISAC Releases 2025 CISO Benchmark Report, Showcasing Growth in Retail and Hospitality Cybersecurity
GlobeNewswire News Room· 2025-07-09 14:10
Core Insights - The 2025 CISO Benchmark Report by RH-ISAC emphasizes the retail and hospitality sectors' increasing focus on proactive cybersecurity strategies [1][2] Industry Trends - Ransomware, third-party supply chain attacks, and phishing are identified as the top three threats facing the retail and hospitality sectors [2] - Business continuity and disaster recovery have become the top cybersecurity initiatives for 2025, indicating a shift towards proactive risk management [3] - Smaller organizations are improving their cyber maturity, narrowing the gap with larger companies [3] Financial Insights - Cybersecurity budgets are consistently increasing year-over-year, reflecting a growing commitment to security [3] - There is a reported 25% improvement in average NIST CSF maturity scores from 2024 to 2025, indicating stronger processes [5] - A 12% rise in CISOs reporting directly to senior business leadership suggests that cybersecurity is increasingly recognized as a critical business factor [5] - An 11% increase in spending on third-party security services has been noted, with penetration testing and security operations centers being the most commonly outsourced services [5] Staffing and Collaboration - Nearly 40% of organizations plan to expand their full-time cybersecurity staff, indicating growth in security staffing [5] - There is a growing emphasis on collaboration, collective intelligence, and early warning systems to enhance attack detection and prevention [5]
Akamai Technologies To Hold Second Quarter 2025 Investor Conference Call On Thursday, August 7, at 4:30 PM ET
Prnewswire· 2025-07-09 11:01
Company Announcement - Akamai Technologies, Inc. will hold a conference call for investors on August 7, 2025, at 4:30 p.m. ET to discuss its second quarter 2025 financial results and may provide forward-looking financial guidance [1] - The conference call will be broadcast live on Akamai's Investor Relations page, and a replay will be available for two weeks following the call [2] Company Overview - Akamai is a cybersecurity and cloud computing company that powers and protects businesses online, offering market-leading security solutions and full-stack cloud computing solutions [3] - The company emphasizes its superior threat intelligence and global operations team, which provide defense-in-depth to safeguard enterprise data and applications [3] - Akamai is trusted by global enterprises for its reliability, scale, and expertise, enabling them to grow their business with confidence [3]
高盛:奇安信_管理层电话会议_生成式人工智能为网络安全带来机遇;成本及现金流优化
Goldman Sachs· 2025-07-09 02:40
Investment Rating - The report maintains a "Sell" rating on both Sangfor and Venustech, indicating a cautious outlook on the cybersecurity sector [2][17]. Core Insights - The management of Qi An Xin sees generative AI as a significant opportunity in the cybersecurity market, which could lead to increased demand for upgraded cybersecurity solutions due to the intensification of cyber attacks [4][9]. - The integration of generative AI is expected to enhance the accuracy and efficiency of cybersecurity software, particularly in risk detection and analysis, which could attract more clients [4][7]. - There is a noted trend of clients shifting their software budgets from functional tools to generative AI software, which is anticipated to drive average revenue per user (ARPU) and attract new paying customers [2][4]. Summary by Sections Company Profile - Qi An Xin, founded in 2014, specializes in cybersecurity, providing software and services to government and enterprise clients. The company has advanced capabilities in endpoint security, cloud security, threat intelligence, and situation awareness [3]. Generative AI Opportunities - Management believes that generative AI will trigger an increase in cyber attacks, creating a potential for upgrading cybersecurity solutions. The company plans to launch the QAX-GPT Security Robot in 2024, which will utilize its self-developed QAX security foundation model to assist security professionals [4][7]. Integrated Cybersecurity Framework - Establishing an integrated cybersecurity framework is deemed more critical than deploying standalone security products. Management emphasizes that platform-based solutions with broad coverage and interoperability will enhance user experience [8]. 2025 Performance Outlook - The management expresses low visibility on near-term demand recovery in the cybersecurity market due to macroeconomic constraints affecting client budgets, particularly in government sectors. However, there is a positive outlook for demand from certain enterprise clients, such as financial institutions and telecom operators [9]. The company is focusing on leveraging generative AI to enhance product offerings and reduce operational costs while improving cash flow [9].
Is Fortinet Ready to Break Out After Months of Consolidation?
MarketBeat· 2025-07-08 16:44
Core Viewpoint - Fortinet is positioned as a potential catch-up play in the cybersecurity sector, with a bullish technical setup indicating a possible breakout above the $105 resistance level, despite its slower growth compared to peers [2][3][9] Group 1: Market Performance - The cybersecurity industry has consistently outperformed the broader market, with leading stocks near all-time highs [1] - Fortinet's stock has increased by 12.88% year-to-date, lagging behind peers like CrowdStrike and Zscaler, which have seen gains of 47% and 74% respectively [3] Group 2: Technical Analysis - Fortinet has been consolidating in a tight range, with $100 as significant support and $105 as a resistance ceiling [2] - A sustained price action above the $105 level on substantial volume could trigger momentum buying and a trend reversal [3] Group 3: Valuation and Fundamentals - Fortinet reported Q1 2025 earnings with an EPS of $0.58, beating estimates by $0.05, and revenue of $1.54 billion, reflecting a year-over-year growth of 13.8% [4][5] - The stock's P/E ratio is 43.9, with a forward P/E ratio of 38.43, both lower than those of high-growth peers, making it a more attractive option for investors [5] Group 4: Institutional Sentiment - Institutional inflows into Fortinet totaled $8.2 billion over the past 12 months, compared to $5.3 billion in outflows, indicating growing interest [7] - Institutional ownership stands at 83.7%, and the stock's inclusion in the S&P 500 index enhances its stability [8] Group 5: Analyst Ratings - Fortinet has a Hold consensus rating among analysts, with an average price target of $105.62, suggesting a cautious outlook until a breakout or earnings surprise occurs [8] - The stock is not currently favored by top-rated analysts compared to other investment opportunities [10]
Why we have a responsibility to build digital bridges | Tejasvi Manoj | TEDxPlano
TEDx Talks· 2025-07-08 16:20
Fraud Impact & Statistics - The Federal Trade Commission estimates fraud costs for older adults exceed $60 billion [4] - This translates to over $117,000 per minute lost to fraud [4] - The FBI estimates digital fraud costs exceed $3.4 billion [4] Vulnerability of Older Adults - Older adults are susceptible to digital scams, leading to loss of money, personal information, confidence, trust, and dignity [1][2][5][6] - They often lack the cybersecurity training provided to younger generations and modern workplaces [7][8] - The rapid evolution of technology, including AI, creates new threats that older adults may not be equipped to handle [7] Proposed Solutions & Recommendations - Industry should focus on empowering older adults through education, support, and accessible training [11][12] - AI can be leveraged to create personalized learning systems and simplify complex terminology for older adults [12][13] - Building digital bridges and fostering a sense of community can help older adults thrive in the digital world [12][13][14] Call to Action - Industry should prioritize creating a safer, kinder, and more empowering digital environment for older adults [16][17] - A digital revolution should focus on inclusion, ensuring no one is left behind in the digital age [16]
Privia Health Announces Appointment of Lance V. Berberian to its Board of Directors
Globenewswire· 2025-07-08 13:00
Group 1 - Privia Health Group, Inc. appointed Lance V. Berberian to its Board of Directors, effective July 15, 2025, increasing the Board to 10 directors [1][2] - Berberian brings over 30 years of experience in technology strategy and digital transformation, having previously served as EVP and Chief Information and Technology Officer at Labcorp Holdings Inc. [2] - His expertise includes IT governance, infrastructure management, and cybersecurity, which is expected to support Privia Health's growth and development of provider networks across the U.S. [2] Group 2 - Privia Health is one of the largest physician enablement companies in the U.S., operating in 15 states and the District of Columbia [4] - The company optimizes over 1,200 physician practices, enhancing patient experiences for more than 5.2 million patients and rewarding over 4,800 physicians and advanced practitioners [4] - Privia's mission focuses on transforming healthcare delivery to achieve better outcomes, lower costs, and improve community health and provider well-being [5]
X @Bloomberg
Bloomberg· 2025-07-08 12:37
The cyberattack that derailed M&S operations for weeks was the result of a “sophisticated impersonation” of one of the retailer’s third-party users https://t.co/ob6PQCn3ff ...
Security Double Standard? Young Consumers Reuse Passwords, Expect Businesses to Be Fort Knox
Prnewswire· 2025-07-08 12:20
Core Insights - The GoDaddy Consumer Pulse survey reveals a paradox where younger consumers (Gen Z and Millennials) show less concern for online security yet have low tolerance for businesses that fail to protect their data [1][3] Consumer Expectations - 68% of consumers expect small businesses to maintain the same level of digital security as large corporations or better [2][4] - 53% of consumers would remain loyal to a business that takes immediate steps to fix a breach and offers proactive protection like credit card monitoring [17] Generational Differences - 42% of Gen Z and 40% of Millennials would not change their passwords or credit card information after a data breach, compared to 72% of Gen X and Boomers who would take immediate action [3] - More than half of Gen Z (53%) and 42% of Millennials have severed ties with a business due to a security incident, significantly higher than the 37% of Gen X and Boomers [8] Consumer Behavior and Security Practices - 61% of consumers repeat passwords across accounts, with this habit being more common among Gen Z and Millennials [6] - 69% of consumers do not check for a secure padlock icon before making online purchases [6] Perception of Cybersecurity - 65% of all consumers are more concerned about online security than five years ago, but a small subset of younger consumers report being less concerned [11] - 67% of consumers believe their personal information is already on the dark web [11] Business Implications - Businesses that respond to breaches with transparency and support are more likely to retain customer loyalty [12] - Simple changes, such as ensuring a fast-loading website and using a professional email address, can improve consumer perception [13] GoDaddy's Offerings - GoDaddy provides a suite of security solutions, including Website Security firewall bundles and SSL certificates, to help businesses meet rising consumer expectations [14]