Rising Cloud Threats Demand Advanced Defenses: Check Point's 2024 Report Highlights Urgent Need for AI and Prevention First Security Measures
Check Point Software Technologies Ltd. - Ordinary Shares (CHKP)
Last check point software technologies ltd. - ordinary shares earnings: 4/27 05:00 am
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Source: GlobeNewswire
REDWOOD CITY, Calif., May 06, 2024 (GLOBE NEWSWIRE) -- Check Point Software Technologies Ltd. (NASDAQ: CHKP), a leading AI-powered, cloud-delivered cyber security platform provider, today unveiled its 2024 Cloud Security Report. The report exposes a critical surge in cloud security incidents, marking a significant increase from 24% in 2023 to 61% in 2024, highlighting the escalating complexity and frequency of cloud threats. The latest survey from Check Point reveals a concerning trend: while most organizations continue to prioritize threat detection and monitoring, focusing on known vulnerabilities and patterns of malicious behavior, only a mere 21% emphasize prevention. This is particularly alarming as companies struggle to keep pace with rapid technological advancements, including the speed of DevOps and the deployment of new codes and applications in the cloud. The survey underscores a daunting reality— although cloud attacks are on the rise, only 4% of organizations disclosed
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News
- Check Point Software Technologies Ltd. (NASDAQ: CHKP) was upgraded by analysts at KeyCorp to a "hold" rating.MarketBeat
- Argus Launches New DevSecOps Platform to Accelerate and Secure Automotive Software Development Cycles [Yahoo! Finance]Yahoo! Finance
- Sentra Announces New Integrations with Check Point Software for Full Visibility, Control and Security of an Organization's Cloud Data Estate [Yahoo! Finance]Yahoo! Finance
- Rising Cloud Threats Demand Advanced Defenses: Check Point's 2024 Report Highlights Urgent Need for AI and Prevention First Security Measures [Yahoo! Finance]Yahoo! Finance
- Data Center Logical Security Market Forecast Report 2024-2029, with Focus on Bosch, Check Point Software Technologies, Trend Micro, Italtel, HP, VMWare, Fortinet, Intel, IBM and Cisco Systems [Yahoo! Finance]Yahoo! Finance
CHKP
Earnings
- 4/25/24 - Beat
CHKP
Sec Filings
- 5/9/24 - Form 144
- 4/25/24 - Form 6-K
- 4/8/24 - Form 144
- CHKP's page on the SEC website