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Scope Technologies Expands Product Leadership with Appointment of Andrew Knight as Vice President of Product
Prnewswire· 2025-07-10 12:00
Core Insights - Scope Technologies Corp. has appointed Andrew Knight as Vice President of Product, bringing nearly two decades of experience from top-tier technology firms like Microsoft and Electronic Arts [1][2][3] Company Overview - Scope Technologies specializes in quantum security and machine learning, providing next-generation solutions in data security, quantum encryption, and neural networks [9] - The company’s flagship product is QSE, a quantum-resilient security platform designed to protect organizations against current and emerging cybersecurity threats [2][6] Leadership and Strategy - Andrew Knight will lead the growth and expansion of QSE, focusing on product strategy during a critical industry transformation [2][6] - The CEO of Scope Technologies emphasized the importance of Knight's leadership in aligning technology, operations, and strategic partnerships to evolve QSE's architecture [6] Product Development - Knight's role will include overseeing the development of QSE's features, ensuring its cryptographic and cloud-native infrastructure meets the demand for quantum-resilient solutions [6][7] - The company aims to deepen its market presence in quantum-proof technologies, reinforcing its commitment to delivering trusted products [7] Background of Andrew Knight - Knight has a distinguished career with experience in technical leadership and innovation, having previously worked at Microsoft and Electronic Arts [3][4][5] - His expertise includes aligning external partnerships with internal development processes, which will be crucial for Scope Technologies as it scales its business [5][6]
Cycurion, Inc. Announces Diamond Level Partnership with the National Association of County and City Health Officials (NACCHO) to Strengthen Cybersecurity for Local Health Departments
Globenewswire· 2025-07-10 12:00
Cycurion unveils Cyber Shield Sales Presence at the NACCHO360 conference in Anaheim, CaliforniaMCLEAN, Va., July 10, 2025 (GLOBE NEWSWIRE) -- Cycurion, Inc. (Nasdaq: CYCU) (“Cycurion” or the “Company”), a trusted leader in IT cybersecurity solutions and AI, announces a strategic, diamond level partnership with the National Association of County and City Health Officials (NACCHO), the voice of the over 3,300 local health departments across the country. The partnership will provide its Managed Security Services ...
Corero Network Security Enables Cloud-Native DDoS Orchestration in Akamai Compute
Prnewswire· 2025-07-10 11:00
New deployment option accelerates time to protection and expands customer flexibilityLONDON, July 10, 2025 /PRNewswire/ -- Corero Network Security (AIM: CNS) (OTCQX: DDOSF), the distributed denial of service (DDoS) protection specialists, today announced that the orchestration plane of its flagship SmartWall ONE™ solution is now deployable in Akamai Compute, Akamai Technologies' edge-native cloud computing platform. This evolution gives customers more flexibility and agility in managing DDoS protection infr ...
Plurilock Named Certified Services Partner for Forcepoint
Newsfile· 2025-07-10 11:00
Forcepoint partnership enhances Plurilock's role as trusted advisor and managed cybersecurity providerPlurilock's Critical Services will be available to Forcepoint customers through an integrated services approach to global customer engagementsJoint sales initiatives already generating inbound leads and opportunitiesVancouver, British Columbia--(Newsfile Corp. - July 10, 2025) - Plurilock Security Inc. (TSXV: PLUR) (OTCQB: PLCKF) ("Plurilock" or the "Company"), a global cybersecurity solutions provider, an ...
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]
ZS Expands Into MDR With Red Canary: Is it the Next Growth Pillar?
ZACKS· 2025-07-09 15:16
Key Takeaways ZS plans to close its Red Canary acquisition in August to expand into MDR and threat intelligence. Red Canary's MDR expertise and 99.6% detection accuracy align with ZS' AI-driven SecOps strategy. SecOps ACV grew 120% in Q3 FY25, setting the stage for MDR to become a major growth pillar.Zscaler (ZS) is anticipated to close the pending acquisition of Red Canary in August 2025. Announced on May 27, the acquisition aims to accelerate the company’s push into Managed Detection and Response (MDR) ...
Huntress Announces Collaboration with Microsoft to Strengthen Cybersecurity for Businesses of All Sizes
GlobeNewswire News Room· 2025-07-09 15:00
Core Insights - Cyberattacks are increasingly sophisticated, targeting businesses that lack resources and expertise to defend themselves [1] - Huntress has partnered with Microsoft to enhance cybersecurity for businesses of all sizes, enabling them to maximize their security investments [1][3] Company Overview - Huntress aims to make enterprise-grade security accessible to all businesses, not just large corporations [3][5] - The company provides a comprehensive suite of cybersecurity solutions, including Endpoint Detection and Response (EDR), Identity Threat Detection and Response (ITDR), Security Information and Event Management (SIEM), and Security Awareness Training (SAT) [2][5] Collaboration with Microsoft - More than 300 million organizations rely on Microsoft's ecosystem, but many do not fully utilize its security tools due to limited resources [2] - The integration of Huntress solutions with Microsoft 365 Business Premium and Microsoft Defender for Endpoint enhances security posture and optimizes the use of Microsoft security investments [3][6] Security Operations Center (SOC) - Huntress operates a 24/7 Security Operations Center (SOC) that effectively addresses cyber threats with a false-positive rate of less than 1% [6] - The SOC supports both outsourced IT and in-house teams, providing remediation and sharing threat analysis with the community [6] Industry Context - The growing volume and complexity of cyberattacks place pressure on businesses to protect their environments while managing limited resources [3] - The collaboration between Huntress and Microsoft aims to empower organizations to prioritize growth and innovation without compromising security [3]
Zscaler or CrowdStrike: Which Is the Better Buy in 2025?
MarketBeat· 2025-07-09 14:28
Core Insights - Zscaler and CrowdStrike are both considered buyable stocks with strong growth potential, supported by trends indicating a solid double-digit revenue CAGR for years to come [1][2] - The cybersecurity market is expected to grow at a 9% CAGR, while cyber threats are projected to drive a 15% CAGR, indicating a disparity between market growth and the threats it aims to mitigate [2] - Zscaler is identified as the better buy for 2025 due to favorable market dynamics, while CrowdStrike is expected to face a pullback, presenting a more attractive entry point later [3][2] Company Analysis - Zscaler's stock is on an upward trajectory, with potential for a double-digit increase this year and next, driven by robust analyst trends and price target increases [3][7] - CrowdStrike's stock is currently above its comparable highs, with analysts showing a more cautious sentiment, reflected in an increasing number of Sell and Hold ratings [4][5] - Zscaler's price action is bullish, with a strong rally in Q2 and indications of further growth, potentially advancing by another $150 [11][12] Analyst Sentiment - Analysts have shown a more positive outlook for Zscaler, with numerous price target increases and a firmer Moderate Buy rating, while CrowdStrike has seen downgrades and a cautious tone [7][4] - The consensus price target for Zscaler is positioned well above the broad consensus, nearing an all-time high of $385 [8] - CrowdStrike's valuation is considered high at over 55 times the 2030 EPS outlook, which may limit its immediate growth potential [5]
Tenable(TENB) - 2025 Q1 - Earnings Call Presentation
2025-07-09 13:36
Financial Performance - Q1 2025 revenue reached $239.1 million[12] - Q1 2025 unlevered free cash flow was $86.8 million[12] - Q1 2025 non-GAAP gross margin was 82%[12] - Q1 2025 recurring revenue was 96%[12] - The company forecasts revenue between $970 million and $980 million for the full year 2025[52] - The company forecasts unlevered free cash flow between $265 million and $275 million for the full year 2025[52] Market Position and Growth - The company is a category leader in Exposure Management[11] - The company has approximately 44,000 customers[12] - The company is ranked 1 in market share in Vulnerability Management[12, 23] - The total addressable market for cyber exposure is estimated at $33 billion with an 18% CAGR[29]
Fortinet Report: OT Cybersecurity Risk Elevates within Executive Leadership Ranks
Globenewswire· 2025-07-09 13:00
Core Insights - The 2025 State of Operational Technology and Cybersecurity Report by Fortinet indicates a significant increase in the responsibility for operational technology (OT) security being assigned to the C-suite, with 95% of organizations reporting C-suite involvement, up from 41% in 2022 [1][2][3] - The report highlights a correlation between OT cybersecurity maturity and the impact of intrusions, with organizations reporting fewer attacks as their maturity increases [2][3] Summary by Categories Responsibility and Accountability - There has been a notable increase in organizations assigning OT security responsibility to the CISO or CSO, with 52% of organizations now reporting this responsibility, up from 16% in 2022 [1][3] - The percentage of organizations planning to move OT cybersecurity under the CISO in the next 12 months has increased from 60% to 80% in 2025 [3] Cybersecurity Maturity - Self-reported OT security maturity has improved, with 26% of organizations at Level 1 (establishing visibility and implementing segmentation), up from 20% the previous year [3] - Organizations reporting higher maturity levels (0-4) are experiencing fewer attacks and are better equipped to handle lower-sophistication tactics, such as phishing [3] - The impact of intrusions on organizations has declined, with operational outages affecting revenue dropping from 52% to 42% [3] Best Practices and Implementation - Adoption of cybersecurity best practices, including basic cyber hygiene and improved training, has led to a significant reduction in business email compromise [3] - The use of threat intelligence has increased by 49% since 2024, indicating a trend towards more informed security practices [3] - A significant decrease in the number of OT device vendors has been observed, with 78% of organizations now using only one to four vendors, reflecting consolidation as part of best practices [3] - Organizations utilizing the Fortinet OT Security Platform have seen a 93% reduction in cyber incidents compared to a flat network [3] Recommendations for Improvement - Establishing visibility and protective controls for OT assets is essential for organizations to understand their OT networks [6] - Deploying segmentation to create defensible OT environments is recommended, following standards such as ISA/IEC 62443 [6] - Integrating OT into security operations and incident response planning is crucial for effective risk management [6] - A platform-based approach to security architecture can simplify management and improve security efficacy [6] - Embracing OT-specific threat intelligence and security services is vital for timely awareness of risks [6]