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Fortinet Secure LAN Edge Delivered 308% ROI and 50% Higher NetOps Efficiency
Globenewswire· 2025-11-12 14:00
Core Insights - Fortinet's Total Economic Impact study reveals a 308% return on investment (ROI) and payback period of less than six months for organizations deploying Fortinet Secure LAN Edge [1][5] - The study indicates a 60% reduction in the risk of breaches from external attacks and a 50% increase in network operations efficiency [1][5] Financial Metrics - The composite organization achieved benefits of $13.1 million over three years against costs of $3.2 million, resulting in a net present value of $9.9 million [5] - The reduction in exposure to costly material breaches is estimated at $1.6 million due to enhanced network perimeter protection [5] Operational Efficiency - Organizations reported a 50% increase in network operations efficiency, translating to $1.3 million in operational savings [5] - The consolidation of management into a single interface eliminated redundant tasks and accelerated troubleshooting [5] Cost Savings - Customers experienced a 20% reduction in networking and security technology costs, leading to an additional profit of $2.6 million from improved availability [5] - Improved network security response time was reduced by 75%, valued at $653,000 for the composite organization [5] Security Enhancements - Fortinet Secure LAN Edge provides protection at the point of connection, effectively catching issues before they impact critical infrastructure [2][5] - The unified platform, powered by AI-driven operations, delivers measurable efficiency gains and stronger protection across all connection points [2][3]
HUB Cyber Security Details HUB Token Key Use Cases for Trvsthub™ Platform in SSI-Driven Financial Applications
Globenewswire· 2025-11-12 13:30
Core Insights - HUB Cyber Security Ltd. is advancing its Trvsthub™ platform, which will utilize the HUB Token (HUBT) to enhance self-sovereign identity (SSI) in a decentralized financial ecosystem [1][2][3] Group 1: Trvsthub™ Platform Overview - The Trvsthub™ platform aims to address challenges in stablecoin transactions, cryptocurrency payments, and cross-border remittances, enhancing efficiency, compliance, and trust [1][2] - HUBT will serve as the native utility token for Trvsthub™, promoting participation and ensuring long-term viability in SSI-enabled financial applications [2] Group 2: Strategic Vision and Market Impact - The SSI framework is positioned to mitigate the $7.6 trillion annual economic impact of cybercrime, providing enterprise-grade security to various sectors [3][4] - The stablecoin market is projected to reach $282 billion in 2025, with annual transaction volumes exceeding $27 trillion [4][11] - Traditional remittance corridors, which handle $913 billion in 2025 flows, face high fees of 6-7%, and HUBT aims to reduce these costs significantly [4][11] Group 3: Security and Compliance Features - HUBT will enable ultra-low micro-fees for SSI credential management, facilitating rapid transaction settlements and reducing operational overhead [4] - The platform will incorporate advanced security measures, including hardware security modules, military-grade encryption, and AI-driven anomaly detection to protect transactions [4] Group 4: Adoption and Integration - The integration of SSI in crypto payments could automate merchant onboarding and customer verifications, significantly lowering fraud rates and compliance costs [4] - HUB Cyber Security is inviting developers and financial institutions to explore integration opportunities with the Trvsthub™ platform [5]
SASE OpsLab Partners with Netskope to Revolutionize SASE Deployment at Scale for Frictionless Customer Experience
Globenewswire· 2025-11-12 13:00
Core Insights - UBiqube has expanded its SASE OpsLabs enablement portal in collaboration with Netskope, aiming to facilitate SASE adoption for Fortune 5000 companies through automation kits [1][2] - The integration allows for seamless management of secure tunnels and private application definitions, significantly reducing manual configurations and lead times [1][2] - SASE OpsLab serves as an automation marketplace designed to simplify and scale SASE operations, providing ready-to-use "Ops Kits" to accelerate deployments and migrations [3] Company Collaboration - The partnership between UBiqube and Netskope focuses on leveraging infrastructure automation technology to alleviate operational burdens during customer SASE journeys [2] - Netskope emphasizes the importance of cloud-centric cybersecurity models and the need for effective tunnel operations and connectivity management [2] SASE OpsLab Overview - SASE OpsLab is designed to deliver prepackaged deployment and migration solutions, enhancing operational efficiency and reducing risks associated with SASE implementations [3] - The initiative is supported by UBiqube's expertise in IT and cloud infrastructure automation, addressing significant challenges in SASE operations [3]
SASE OpsLab 携手 Netskope 大规模革新 SASE 部署,打造顺畅客户体验
Globenewswire· 2025-11-12 13:00
Core Insights - UBiqube partners with Netskope to enhance SASE OpsLab, providing automated tools for deployment and migration, aimed at Fortune 500 companies [1][2] - The integration aims to streamline the creation and management of secure tunnels from multi-vendor customer premises equipment (CPE) to Netskope's points of presence (POPs), reducing manual configuration errors and deployment time [1][2] Company Collaboration - Netskope's VP of Technology Alliances, David Willis, emphasizes the focus on combining leading technology with customer experience to alleviate operational burdens during SASE implementation [2] - UBiqube's VP of Strategic Alliances, Hywel Edwards, highlights the importance of tunnel operations and connectivity change management in transitioning to a cloud-centric security model [2] SASE OpsLab Overview - SASE OpsLab is designed to simplify and scale SASE operations, offering pre-packaged deployment and migration use cases [2] - The platform provides ready-to-use operational packages ("Ops Kits") to accelerate deployment, simplify migration processes, and reduce operational risks [2]
BIO-key Partners with VaporVM to Expand Reach of its Advanced Identity and Access Management and Biometric Cybersecurity Solutions in Middle East and Africa
Globenewswire· 2025-11-12 09:00
Core Insights - BIO-key International, Inc. has formed a strategic partnership with VaporVM to enhance its identity and access management solutions across the Middle East and Africa [1][2][4] Group 1: Partnership Overview - The collaboration aims to leverage VaporVM's cloud-native expertise and regional presence to deliver BIO-key's IAM solutions to various sectors [2][3] - VaporVM will integrate BIO-key's IAM and biometric solutions, providing local expertise and technical support [3][5] Group 2: Strategic Goals - The partnership is expected to strengthen cybersecurity measures for enterprises operating on major cloud platforms like AWS, Azure, and Google Cloud [3][4] - BIO-key's Regional Director emphasized the commitment to providing secure and scalable digital transformation solutions [4] Group 3: Company Background - BIO-key specializes in biometric-centric, multi-factor IAM software, securing access for over 40 million users [7] - The company's PortalGuard IAM solution offers various authentication methods, including passwordless options [7][9]
NSS Labs Selects ectacom GmbH to Expand Cybersecurity Representation in Central Europe
Prnewswire· 2025-11-12 09:00
Core Insights - NSS Labs has partnered with ectacom GmbH to represent its cybersecurity services in the DACH region and Poland, enhancing its market presence in Central Europe [1][4] - The collaboration aims to provide enterprises, service providers, and security vendors with access to NSS Labs' real-world cybersecurity testing services, which are designed to strengthen defenses and ensure compliance [2][4] Company Overview - NSS Labs is recognized as a leading authority in independent cybersecurity product validation, offering research-backed insights and advanced testing platforms to empower informed cybersecurity decisions [5] - ectacom GmbH is a prominent German value-added distributor specializing in complex IT, OT, and IoT solutions, focusing on improving infrastructure efficiency and maintaining compliance for its partners [5] Service Offerings - NSS Labs will offer its managed security testing service, Minion, which simulates live attack scenarios to help organizations validate the effectiveness of their security products [3][6] - The Minion service is designed to assist CISOs, CIOs, and Chief Risk Officers in meeting regulatory compliance and enhancing supply chain assurance [3][6]
Zscaler Stock: The Cybersecurity Titan Poised For Continued Growth (NASDAQ:ZS)
Seeking Alpha· 2025-11-12 07:52
Core Insights - ZScaler has shown strong financial performance with double beats in its third- and fourth-quarter 2025 financial reports [1] - The stock price has increased by 55.67% since the last article publication [1] Financial Performance - The company reported robust financial results for the third and fourth quarters of 2025, indicating strong operational performance [1] Stock Performance - ZScaler's stock has appreciated significantly, reflecting positive market sentiment and investor confidence [1]
Intrusion(INTZ) - 2025 Q3 - Earnings Call Transcript
2025-11-11 23:00
Financial Data and Key Metrics Changes - Total revenues for Q3 2025 were $2.0 million, representing a 5% increase sequentially and a 31% increase year over year, driven by contract expansion with the Department of Defense [11][15] - Gross profit margin for Q3 was 77%, down 58 basis points year over year, consistent with expected variability based on product and service mix [16] - Net loss for Q3 2025 was $2.1 million, or $0.10 per share, unchanged from the net loss of $2.1 million in Q3 2024 [17] Business Line Data and Key Metrics Changes - Consulting revenue was $1.5 million, up $0.1 million sequentially and $0.4 million year over year [15] - Shield revenues totaled $0.5 million, relatively flat sequentially but up approximately $0.1 million year over year, primarily reflecting work under the DoD contract [15] Market Data and Key Metrics Changes - The company shipped over 230 units of its Critical Infrastructure device as part of a contract with the Department of Defense, indicating strong demand for protecting critical infrastructure from cyber threats [9][10] - The partnership with Port Nexus is seeing strong demand for Shield Endpoint embedded within their MyFlare solution, particularly among school districts [10][41] Company Strategy and Development Direction - The launch of Shield Cloud on the AWS Marketplace is expected to drive long-term growth by expanding customer access to Shield Technology [7][8] - The company is preparing to launch Shield Cloud on Microsoft's Azure platform, further expanding its reach to potential customers [8] - The focus remains on disciplined spending while investing in product development and sales and marketing to accelerate customer base growth [16] Management's Comments on Operating Environment and Future Outlook - Management remains optimistic about closing new agreements in the government sector once the current government shutdown is resolved, while also seeing an expanding pipeline of non-government opportunities [12][14] - The company is confident in its ability to deliver stronger performance over time, supported by ongoing investments and improved customer engagement [19] Other Important Information - Cash and cash equivalents as of September 30, 2025, were $2.5 million, with short-term investments in U.S. treasuries of $2 million, and an additional $3 million received post-quarter end related to the DoD contract extension [17] Q&A Session Summary Question: Infrastructure work with the DoD and future opportunities - Management indicated that the initial project has opened doors for further discussions about deployment in other locations, with significant potential for additional contracts in both government and private sectors [23][24] Question: Experience on AWS and initial feedback - The company has received positive feedback from initial beta customers and is making updates to improve configuration and installation, with expectations for accelerated adoption [26][28] Question: Revenue opportunity with OT Defender - Management highlighted that OT Defender presents larger sales opportunities compared to other products, with significant market potential in underinvested cybersecurity areas [54][55] Question: Revenue opportunity with Port Nexus school safety offering - The solution is expected to become critical in schools, with strong interest from school administrators due to its simplicity and effectiveness in enhancing situational awareness during incidents [58][60] Question: Shield Cloud revenue opportunity - Management expressed optimism about the growth potential in the cloud market, emphasizing the need for effective execution of marketing and demand generation plans [63]
Shareholders that lost money on Fortinet, Inc.(FTNT) Urged to Join Class Action – Contact Levi & Korsinsky to Learn More
Globenewswire· 2025-11-11 21:39
Core Viewpoint - A class action securities lawsuit has been filed against Fortinet, Inc. for alleged securities fraud affecting investors between November 8, 2024, and August 6, 2025 [1][2] Group 1: Lawsuit Details - The lawsuit claims that Fortinet misrepresented the profitability of its product refresh cycle, stating it would be more lucrative than it actually was, as it involved old products that constituted a "small percentage" of the Company's business [2] - Defendants allegedly concealed the true number of FortiGate firewalls eligible for upgrades and misled investors about the momentum of the refresh cycle, which was pushed through aggressively in a short time frame [2] Group 2: Investor Information - Investors who suffered losses during the specified period have until November 21, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this role [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees, with no obligation to participate [3] Group 3: Law Firm Background - Levi & Korsinsky has a history of securing significant settlements for shareholders and is recognized as one of the top securities litigation firms in the United States, with over 70 employees dedicated to serving clients [4]
SecureTech Further Reduces Outstanding Shares 11.3%
Globenewswire· 2025-11-11 13:30
Core Insights - SecureTech Innovations, Inc. has announced a significant reduction in its outstanding common shares as part of its 2025 Share Reduction Program [1][2] - The company has canceled an additional 4,000,000 shares, resulting in an 11.3% reduction in total shares, bringing the total to 31,370,414 shares [2] - SecureTech aims to reduce the total number of issued and outstanding shares to below 20 million by the end of 2025, with further reductions anticipated in the current fiscal quarter [3] Company Strategy - J. Scott Sitra, President and CEO, emphasized the success of the Share Reduction Program and the commitment to further reductions before the end of FY2025 [4] - The share reductions are part of a strategy to uplist to NASDAQ in early 2026, guided by Craft Capital Management [4] Company Overview - SecureTech Innovations is a leader in artificial intelligence, industrial 3D printing, cybersecurity, and digital infrastructure solutions [1] - The company is also involved in blockchain and Web3 technologies through its Piranha Blockchain subsidiary, focusing on secure digital asset storage and online privacy [5] - SecureTech is known for its safety device, Top Kontrol, which is designed to prevent theft and carjacking [5]