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Why Does Palo Alto Networks Want To Buy CyberArk?
Forbes· 2025-07-30 13:05
Core Viewpoint - Palo Alto Networks is in advanced talks to acquire CyberArk for up to $20 billion, reflecting its strategy to enhance its cybersecurity offerings and market position [1][3]. Company Overview - Palo Alto Networks has transitioned from a hardware-centric firewall company to a full-stack, cloud-first cybersecurity platform since 2018, becoming the largest cybersecurity firm by market cap, valued at over $130 billion [3]. - The company has made several acquisitions in 2023, including Protect AI, Talon Cyber Security, Dig Security, and Zycada Networks, with the potential CyberArk acquisition being its largest to date [3]. CyberArk's Market Position - CyberArk is a leader in privileged access management (PAM), providing tools for managing identity and access, which is increasingly critical as cyberattacks target insiders [4]. - The identity and access management (IAM) sector is experiencing significant growth, with IDC projecting the market to nearly double by 2028, reaching $47.1 billion [5]. Strategic Benefits of Acquisition - Acquiring CyberArk would enhance Palo Alto's Zero Trust and AI-driven threat response capabilities, while also providing cross-sell opportunities to CyberArk's over 10,000 enterprise customers [6]. - Potential cost synergies could arise from reducing overlapping functions in R&D, sales, marketing, and administration [6]. Regulatory Environment - The U.S. regulatory environment is becoming more favorable for large technology deals, particularly those related to national security and digital infrastructure, which may benefit Palo Alto's acquisition strategy [7].
Gen Threat Report Unmasks Surge in PharmaFraud Scams and the Evolving Face of Cybercrime in an AI-Powered World
Prnewswire· 2025-07-30 13:00
Core Insights - The Q2/2025 Gen Threat Report highlights a significant rise in cyber threats, particularly those utilizing AI, with a focus on fake pharmacies and ransomware [1][2][3] Cyber Threat Trends - There has been a 21% increase in data breaches, with nearly 16% more breached emails reported [7] - Financial scams surged by 340% from April to June 2025, with many linked to deceptive ads on Facebook [6][7] - Sextortion scams doubled, indicating a growing trend in personal-targeted cybercrime [1][7] - Tech support scams on Facebook accounted for 14% of all blocked threats, driven by fake help pages [7] PharmaFraud Operations - Gen researchers identified over 5,000 fraudulent online pharmacy websites, collectively referred to as "PharmaFraud," which have been responsible for 1 million blocked attacks [3][4] - These scams employ tactics such as malicious code injection, manipulated search results, and AI-generated content to appear legitimate [4] Ransomware Developments - Gen uncovered a critical flaw in FunkSec, the first known AI-assisted ransomware, allowing victims to recover files without payment through a free decryptor [5] Emerging Threats - There was a 317% increase in malicious push notifications, often disguised as legitimate alerts [7] - Remote access attacks rose by 62%, particularly involving the Wincir RAT and cloud service abuses [12] Company Initiatives - Gen offers various protective solutions, including Norton Genie and Scam Guardian, to help users avoid falling victim to these scams [8]
Arqit launches quantum-safe SKA Edge Controller to secure deployed military operations
Globenewswire· 2025-07-30 13:00
LONDON, July 30, 2025 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) ("Arqit"), a global leader in quantum‑safe encryption, today announced the launch of SKA Edge Controller (SKA-EC), a ruggedised, quantum-safe Symmetric Key Agreement (SKA) communications platform designed to meet the needs of forward-deployed defense operations. The system enables rapid setup of secure, scalable command and control (C2) nodes in contested, disconnected and high-threat environments without the constraints of t ...
Fortinet Fabric-Ready Technology Alliance Partner Program Surpasses 3,000 Integrations Across More Than 400 Partners
Globenewswire· 2025-07-30 13:00
Fortinet's industry-leading Open Ecosystem simplifies security and accelerates digital transformation for organizations worldwide Key customer benefits of the program include: SUNNYVALE, Calif., July 30, 2025 (GLOBE NEWSWIRE) -- News Summary Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced that its Fabric-Ready Technology Alliance Partner Program has surpassed 3,000 integrations across more than 400 technology partners. This milest ...
Palo Alto Networks to acquire CyberArk in $25 billion deal
CNBC· 2025-07-30 12:35
Group 1 - Palo Alto Networks will acquire CyberArk for approximately $25 billion, paying $45 per share, which is a 26% premium over CyberArk's share price on Friday [1] - Following the announcement, shares of Palo Alto Networks fell over 7% and continued a downward trend from a 5% loss the previous day, while CyberArk's stock dipped by 2% [1] - The acquisition aims to enhance Palo Alto's entry into the identity security market and improve its multi-layer offerings for customers, as stated by CEO Nikesh Arora [2] Group 2 - The deal is seen as timely for entering the identity security category, which is considered to be at an inflection point [2] - CyberArk is recognized for providing foundational technology that is essential in the context of artificial intelligence [2] - Prior to the deal announcement, discussions between the two companies led to a significant increase in CyberArk's stock, which rose over 13% [3]
Radware(RDWR) - 2025 Q2 - Earnings Call Presentation
2025-07-30 12:30
Investor Presentation July 2025 Safe Harbor This presentation includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements made herein that are not statements of historical fact, including statements about Radware's plans, outlook, beliefs, or opinions, are forward-looking statements. Generally, forward-looking statements may be identified by words such as "believes," "expects," "anticipates," "intends," "estimates," "plans," and similar ex ...
Palo Alto Networks Announces Agreement to Acquire CyberArk, the Identity Security Leader
Prnewswire· 2025-07-30 12:15
"Our market entry strategy has always been to enter categories at their inflection point, and we believe that moment for Identity Security is now. This strategy has guided our evolution from a next-gen firewall company into a multi-platform cybersecurity leader. Today, the rise of AI and the explosion of machine identities have made it clear that the future of security must be built on the vision that every identity requires the right level of privilege controls, not the 'IAM fallacy'. CyberArk is the defin ...
Palo Alto Networks to Announce Fiscal Fourth Quarter and Fiscal Year 2025 Financial Results on Monday, August 18, 2025
Prnewswire· 2025-07-30 12:10
Core Viewpoint - Palo Alto Networks is set to release its financial results for the fiscal fourth quarter and fiscal year 2025 on August 18, 2025, after U.S. markets close [1] Group 1 - The financial results will cover the period ending July 31, 2025, and a video webcast will be held at 1:30 p.m. Pacific time to discuss these results [1] - A financial results press release will be available on the company's website prior to the webcast [2] - The webcast will be accessible from the "Investors" section of the Palo Alto Networks website, with a replay available three hours after the event [2] Group 2 - Palo Alto Networks is recognized as a global leader in AI and cybersecurity, providing comprehensive AI-powered security solutions to over 70,000 organizations worldwide [3] - The company emphasizes platformization to streamline security at scale, which supports innovation [3]
01 Communique Signs Strategic Alliance with Pioneering Crypto Foundation to Deliver Quantum-Safe Digital Assets
Newsfile· 2025-07-30 12:00
Toronto, Ontario--(Newsfile Corp. - July 30, 2025) - 01 Communique Laboratory Inc. (TSXV: ONE) (OTCQB: OONEF) (the "Company"), one of the first-to-market, enterprise level cybersecurity providers for the quantum computing era, announces the signing of a strategic alliance agreement, dated July 29, 2025, with a pioneering quantum-native crypto foundation to develop a series of quantum-safe cryptocurrencies. Antanas Guoga (Tony G), President of the foundation, commented, "As a major shareholder of and strateg ...
Radware Reports Second Quarter 2025 Financial Results
GlobeNewswire News Room· 2025-07-30 10:00
Core Insights - Radware reported strong financial performance for Q2 2025, with a revenue of $74.2 million, reflecting a 10% year-over-year increase. The company emphasized the growth in cloud Annual Recurring Revenue (ARR), which accelerated to 21% [2][9]. Financial Highlights - Revenue for Q2 2025 was $74.2 million, up from $67.3 million in Q2 2024 [9][20]. - GAAP net income for Q2 2025 was $4.2 million ($0.09 per diluted share), compared to $1.7 million ($0.04 per diluted share) in Q2 2024 [3][20]. - Non-GAAP net income for Q2 2025 was $12.6 million ($0.28 per diluted share), an increase from $8.8 million ($0.20 per diluted share) in Q2 2024 [3][20]. - Cash flow from operations was $14.5 million in Q2 2025 [4][23]. Regional Performance - Revenue in the Americas was $30.1 million, unchanged from Q2 2024 [10]. - Revenue in the EMEA region increased by 22% to $27.8 million from $22.8 million in Q2 2024 [10]. - Revenue in the Asia-Pacific region rose by 13% to $16.3 million from $14.4 million in Q2 2024 [10]. Cash and Assets - As of June 30, 2025, the company had cash, cash equivalents, short-term and long-term bank deposits, and marketable securities totaling $459.1 million [4][18]. - The total assets of the company increased to $658.5 million as of June 30, 2025, compared to $618.7 million at the end of 2024 [18]. Operational Metrics - The company’s cloud ARR reached $85 million, marking a 21% increase year-over-year [9]. - Total operating expenses for Q2 2025 were $57.1 million, compared to $55.4 million in Q2 2024 [20]. Management Commentary - The CEO highlighted the focus on cloud security as the primary growth engine and the importance of AI innovation in maintaining competitive leadership [2].