IDT Corporation Selects ShieldX to Secure Cloud Investments
IDT Corporation Class B (IDT)
US:NYSE Investor Relations:
ir.idt.com/investor-relations
Company Research
Source: Business Wire
After Deploying ShieldX Adaptive Intention Modeling Engine, IDT Dramatically Accelerated Secure Cloud Migration and Decreased Firewall Cost of Operations by 30 Percent SAN JOSE, Calif.--(BUSINESS WIRE)-- ShieldX Networks (ShieldX), the leader in elastic security, today announced that IDT Corporation (NYSE: IDT), a global provider of communications and payment services, selected ShieldX to effectively segment and secure its corporate infrastructure, specifically for its cloud investment, which is becoming a growing attack surface for advanced attacks and APTs, propagated via lateral movement. As a result, the switch from a traditional firewall provider to ShieldX’s unique approach to the cloud, led to a 30 percent decrease in cost of operations. “When exploring options from traditional network-based solutions, many vendors overloaded us with alerts, and weren’t architected for security
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IDT
Sec Filings
- 4/19/24 - Form SC
- 4/18/24 - Form 4
- 4/12/24 - Form 4
- IDT's page on the SEC website