Amazon's security chief says he would be ‘astonished' if cybersecurity professionals are laid off due to AI [Yahoo! Finance]
Rapid7, Inc. (RPD)
Last rapid7, inc. earnings: 2/10 04:05 pm
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Source: Yahoo! Finance
The rationale is something like this: AI tools will eventually handle a lot of the grunt work involved in protecting computer systems, like automatically scanning files for suspicious behavior and writing summaries of its findings. Therefore, there will be less work for humans and possibly layoffs But Steve Schmidt, Amazon's chief security officer, disputed the jobs-killing argument and said there's more than enough cybersecurity work to go around. “I would be astonished if AI drives layoffs in the security industry,” he told Fortune That's because of the big gap in available talent and the number of open jobs in the security industry right now, said Schmidt, one of Amazon's famous “s-team” executives—or senior leaders—who reports directly to CEO Andy Jassy. The global cybersecurity workforce headcount of 5.5 million is at a record high , according to ISC2, a nonprofit that trains security professionals. But even that's insufficient to meet industry demands. Companies worldwi
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RPD
News
- Even after rising 3.7% this past week, Rapid7 (NASDAQ:RPD) shareholders are still down 43% over the past three years [Yahoo! Finance]Yahoo! Finance
- Rapid7, Inc. (NASDAQ: RPD) is now covered by analysts at Scotiabank. They set a "sector perform" rating and a $46.00 price target on the stock.MarketBeat
- Global Penetration Testing Market Report 2024, with Forecasts to 2029: On-Premises Deployment Mode to Dominate During Forecast Period [Yahoo! Finance]Yahoo! Finance
- Meet The AI Entrepreneur Who Used LinkedIn To Raise $13.8 Million [Forbes]Forbes
- Penetration Testing Market worth $3.9 billion by 2029, Growing At a CAGR of 17.1% Report by MarketsandMarkets™ [Yahoo! Finance]Yahoo! Finance
RPD
Earnings
- 2/7/24 - Beat
RPD
Sec Filings
- 4/19/24 - Form ARS
- 4/19/24 - Form DEFA14A
- 4/19/24 - Form DEF
- RPD's page on the SEC website