EXPLAINER: Why ransomware is so dangerous and hard to stop [ABC News]
Palo Alto Networks, Inc. (PANW)
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Source: ABC News
Recent high-profile “ransomware” attacks on the world’s largest meat-packing company and the biggest U.S. fuel pipeline have underscored how gangs of extortionist hackers can disrupt the economy and put lives and livelihoods at risk.Last year alone in the U.S., ransomware gangs hit more than 100 federal, state and municipal agencies, upwards of 500health careMore recent known targets include a Massachusetts ferry operator, the Irish health system and the Washington, D.C., police department. But the broadly disruptive hacks on Colonial Pipeline in the U.S. in May and Brazilian meat processor JBS SA this week have drawn close attention from the White House and other world leaders, along with heightened scrutiny of the foreign safe havens where cybercriminal mafias operate.WHAT IS RANSOMWARE? HOW DOES IT WORK?Ransomware scrambles the target organization’s data with encryption. The criminals leave instructions on infected computers for negotiating ransom p
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News
- Palo Alto Networks, Inc.'s (NASDAQ:PANW) Intrinsic Value Is Potentially 36% Above Its Share Price [Yahoo! Finance]Yahoo! Finance
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- Cloudflare reports wider first-quarter operating loss, shares slide [Yahoo! Finance]Yahoo! Finance
- Cloudflare reports wider first-quarter operating loss, shares slide [Reuters]Reuters
- Palo Alto Networks Long-Term Shareholder Announcement: Johnson Fistel, LLP Encourages Investors to Reach Out For More InformationGlobeNewswire
PANW
Earnings
- 2/20/24 - Beat
PANW
Sec Filings
- 5/3/24 - Form 4
- 5/1/24 - Form 144
- 4/23/24 - Form 4
- PANW's page on the SEC website