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Killexams : Palo-Alto Configuration techniques - BingNews Search results Killexams : Palo-Alto Configuration techniques - BingNews Killexams : Palo Alto launches unified tool to take the heat off SOC analysts

Palo Alto Networks on Wednesday announced the general availability of its Cortex Extended Security Intelligence and Automation Management (XSIAM) platform, which leverages automation to unify cloud and on-premises security monitoring, analytics, and operations.

The promise of better tools for security operations center (SOC) analysts has been longstanding, and Palo Alto claims that on average, a Cortex-powered SOC detects threats in 10 seconds and responds to high-priority threats in one minute, with an 80% reduction in alerts that SOC analysts need to review.

Cortext XSIAM has been already made available to a number of top organizations spanning healthcare, design and manufacturing, technology, the public sector and entertainment industries. Many of these organizations are overwhelmed by alert volumes and false positive, as well as lack of visibility across all parts of the organization, including on-premises and the cloud.

“We want to give our customers a new approach to SOC operations with a focus on results, efficiency and productivity," said Lee Klarich, chief product officer, Palo Alto Networks. "Cortex XSIAM establishes an autonomous SOC where organizations can respond to threats in a fraction of the time it takes today, and analysts can focus on the highest priority incidents. The SOC of the future will be built on AI and automation — any other approach is destined for failure."

Jon Oltsik, a senior principal analyst and ESG Fellow, said XSIAM creates a central data model for what have been traditionally different data sets: logs, EDR and NDR data, and threat intelligence data. It integrates SOC components like XDR, SOAR, SIEM, and TIP to unify the analyst experience, and also ramps up the use case for advanced analytics,  said Oltsik

“Basically, Palo Alto Networks looked at all the demands for SOC modernization and designed an integrated architecture for this purpose,” Oltsik said.  “It’s not complete yet but it is a step in the right direction.”

Frank Dickson, who covers security and trust at IDC, said that automation has become a “nonnegotiable” as it can enable conviction at scale. With its Cortex XSIAM, Dickson said Palo Alto looks to apply an autonomous security operations platform approach to its eXtended detection and response solution set to reduce the burden on security professionals. “The offering is genuine product Palo Alto has been able to demonstrate in its own SOC,” added Dickson.

Wed, 12 Oct 2022 09:43:00 -0500 en text/html
Killexams : Better Cybersecurity Stock: Palo Alto Networks vs. Fortinet

Palo Alto Networks (PANW -1.94%) and Fortinet (FTNT -2.17%) are both promising cybersecurity companies that have consistently bested the market. Over the past five years, Palo Alto's stock rallied about 240% as Fortinet's stock surged more than 580%. By comparison, the Nasdaq Composite rose just over 60% and the S&P 500 by about 40%.

Both companies impressed investors with their robust revenue growth and rising profits. Investors also increasingly viewed the cybersecurity market -- which Fortune Business Insights expects to grow at a compound annual rate of 13.4% between 2022 and 2026 -- as an evergreen industry that could weather the unpredictable macro headwinds.

An IT worker looks at a screen.

Image source: Getty Images.

But should investors still buy either of these cybersecurity stocks as rising interest rates drive investors away from higher-growth tech companies? Let's take a fresh look at their business models, growth rates, and valuations to decide.

The similarities and differences

Palo Alto and Fortinet both created next-gen firewalls by upgrading traditional versions with network device filtering tools. Fortinet launched its first firewall, Fortigate, in 2002. Palo Alto introduced its first next-gen firewall, Strata, in 2007. Both companies capitalized on the growth of those next-gen firewalls to expand their ecosystems with additional services.

Fortinet turned FortiGate into the heart of its "Security Fabric," which provides additional end-to-end protection services for on-premise, cloud-based, and Internet of Things (IoT) devices. Meanwhile, Palo Alto acquired more companies and launched two next-gen platforms: Prisma for cloud-based security services and Cortex for its threat-detection tools powered by artificial intelligence (AI). These complement Strata and widen its moat against newer competitors in the cloud and AI markets.

Today, Fortinet serves over half a million customers worldwide, including most of the Fortune 500. Palo Alto serves more than 85,000 customers, including most of the Fortune 100. Both companies generate a majority of their revenue from subscription-based services, but Palo Alto usually serves larger enterprise customers than Fortinet.

Fortinet is also more geographically diversified than Palo Alto Networks. In their latest fiscal years, Fortinet generated 41% of its revenue in the Americas, while that same region accounted for 69% of Palo Alto's top line.

Which company is growing faster?

Palo Alto and Fortinet have been growing at similar rates. Palo Alto's revenue rose 29% to $5.5 billion in fiscal 2022, which ended in July, as its billings increased 37% to $7.5 billion. It attributed most of that growth to the expansion of its next-gen security services, Prisma and Cortex. Its adjusted earnings per share (EPS) increased 23%.

For fiscal 2023, Palo Alto expects its revenue to rise another 25%, its billings to increase 20% to 21%, and its adjusted EPS to grow 24% to 26%. The company also finally expects to turn firmly profitable on a GAAP (generally accepted accounting principles) basis for the full year. Palo Alto notably closed a 3-for-1 stock split last month.

In 2021, Fortinet's revenue rose 29% to $3.3 billion, billings 35% to $4.2 billion, and its adjusted EPS 19%. Unlike Palo Alto, it's been profitable on a GAAP basis for many years. It attributed a lot of its accurate growth to the convergence of the security and networking markets and the fresh threats posed by remote and hybrid work.

For 2022, Fortinet expects its revenue to rise 30% to 32%, its billings by 33% to 35%, and its adjusted EPS by 27% to 33% (after factoring in its 5-for-1 stock split earlier this year).

The valuations and verdict

Neither stock can be considered a screaming bargain yet. Palo Alto still trades at 53 times forward earnings, while Fortinet has a lower forward price-to-earnings ratio of 38.

I like both stocks as long-term plays (I personally own shares of Palo Alto). Still, Fortinet looks like a slightly better investment because it's growing faster, trading at a lower multiple, and is already firmly profitable by GAAP measures. Those strengths could make it a more appealing investment as long as rising interest rates continue to rattle the markets.


Leo Sun has positions in Palo Alto Networks. The Motley Fool has positions in and recommends Fortinet and Palo Alto Networks. The Motley Fool has a disclosure policy.

Mon, 03 Oct 2022 21:24:00 -0500 Leo Sun en text/html
Killexams : Perspectives for and against Palo Alto ballot measures

This fall, Palo Alto voters will decide on Measure K, which would create a business tax, and Measure L, which would affirm the city's practice of using gas revenues to pay for basic services. Embarcadero Media file photo.

In the Nov. 8 election, Palo Alto voters will weigh in on two measures on the ballot: Measure K, known as the Local Business Tax, and Measure L, the Natural Gas Utility General Fund Transfer. The ballot descriptions are as follows:

Measure K: Local Business Tax (requires majority vote to pass)

Shall the measure to raise funds for public safety, affordable housing, rail crossing safety, homeless services, and general city services, by levying a tax on businesses in the City of Palo Alto at a monthly rate of 7.5 cents per square foot occupied by a business, up to $500,000 per business, with annual 2.5% adjustments for inflation and exemptions for grocery stores and businesses under 10,000 square feet, raising approximately $9.6 million annually for 35 years, be adopted?

Measure L: Natural Gas Utility General Fund Transfer (requires majority vote to pass)

Shall the measure affirming the City of Palo Alto's existing and decadesold practice of annually transferring no more than 18% of the gross revenues from the City's natural gas utility (generated by the City's retail natural gas rates) to its general fund to support general city services such as roads; parks; libraries; climate change reduction; police, fire, emergency medical, and 9-1-1 response; providing approximately $7 million annually in existing revenues until ended by voters, be adopted?

Fri, 14 Oct 2022 01:54:00 -0500 en text/html
Killexams : Palo Alto Networks releases Cortex XSIAM to automate the SOC

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Working in a security operations center (SOC) isn’t easy. In fact, the high volume of manual alert processing and triaging takes a huge mental toll on the analysts securing the environment. Research shows that 70% of SOC teams report feeling emotionally overwhelmed by the volume of alerts. 

As a result, automation is critical for ensuring that security teams aren’t bogged down managing false positive alerts, but have the flexibility to tackle legitimate security incidents. 

In an attempt to bring its vision for the automated SOC to life, today, Palo Alto Networks announced the general availability of Cortex XSIAM, an automated security operations platform designed to automate the SOC. Palo Alto Networks claims the solution can deliver an 80% reduction in alerts that SOC teams need to analyze. 

For enterprises, this solution could provide an answer to analyst fatigue in the SOC, and act as a false multiplier so that human users can process security incidents faster. 


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Cortex XSIAM makes the SOC more efficient 

The announcement comes after Palo Alto Networks made Cortex XSIAM available to a handful of design partners as part of the XSIAM Design Partner Program earlier this year. It’s a solution based around the idea of making the SOC more efficient through the use of automation. 

“The underlying problem is that, as new security technologies developed, they have generated more and more data. That data is stored in different systems, and the task of sifting through thousands of alerts every day, then triaging each alert, is left to human analysts, who are overwhelmed. As a result, threats get missed and breaches keep happening,” said Rick Caccia, SVP and CMO of Cortex and Unit 42 at Palo Alto Networks. 

Caccia explains that Cortex XSIAM addresses these challenges through the use of automation. XSIAM handles the bulk of automated SOC work, tackling all the alerts it can, while passing incidents to analysts that are too complicated to be automated. This gives analysts the opportunity to manage “interesting and unusual” incidents. 

Palo Alto Networks is revamping the SIEM market 

As a solution, Cortex XSIAM is most directly competing against security information and event management (SIEM) solutions. The SIEM market itself continues to grow, with researchers valuing the market at $2.8 billion in 2019 and anticipating it will reach a value of $6.2 billion by 2027 as organizations attempt to automate security operations. 

Today, Google Cloud is one of the main competitors in this space, following the launch of Chronicle Security Operations and Chronicle SIEM yesterday, and the rebrand of Siemplify. Chronicle SIEM promises to leverage Google’s threat intelligence to enhance an organization’s detection, investigation and response capabilities. 

Earlier this year Google Cloud announced it has surpassed $6 billion in cloud revenue.

Another key competitor in the market is Splunk with Splunk Enterprise. Splunk Enterprise collects and ingests data from thousands of sources throughout an organization’s environment, while using machine learning and artificial intelligence (AI) to identify security issues and reduce manual admin for human users. Splunk recently announced raising $2.7 billion in revenue

Caccia argues that currently, the key differentiator between Cortex XSIAM and existing technologies is that the level of automation requires much less input from human analysts. 

“These technologies have been in use for two decades, and were built to present alerts to humans, forcing analysts to figure out what was a real threat. XSIAM flips this model on its head, assuming that automation comes first, that the XSIAM software will process much more data than a human can, and will handle the bulk of the tedious work,” Caccia said. 

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Tue, 11 Oct 2022 17:15:00 -0500 Tim Keary en-US text/html
Killexams : Three-bedroom home in Palo Alto sells for $1.9 million
741 Ellsworth Place - Google Street View
741 Ellsworth Place – Google Street View

A 880-square-foot house built in 1949 has changed hands. The property located in the 700 block of Ellsworth Place in Palo Alto was sold on Aug. 19, 2022 for $1,915,000, or $2,176 per square foot. The property features three bedrooms, one bath, a garage, and one parking space. There’s also a pool in the backyard. The unit sits on a 4,657-square-foot lot.

Additional houses have recently been purchased close by:

  • In June 2022, a 2,022-square-foot home on Ross Road in Palo Alto sold for $675,000, a price per square foot of $334. The home has 6 bedrooms and 3 bathrooms.
  • A 2,014-square-foot home on the 800 block of Clara Drive in Palo Alto sold in August 2022 for $2,800,000, a price per square foot of $1,390. The home has 5 bedrooms and 3 bathrooms.
  • On Bruce Drive, Palo Alto, in August 2022, a 1,597-square-foot home was sold for $3,400,000, a price per square foot of $2,129. The home has 3 bedrooms and 2 bathrooms.

This article was generated by the Bay Area News Group Bot, software that analyzes home sales or other data and creates an article based on a template created by humans. Our real estate data comes from public records that have been registered and digitized by local county offices. You can report errors or bugs to

Fri, 14 Oct 2022 02:30:00 -0500 Bay Area Home Report en-US text/html
Killexams : Better Tech Giant to Buy: Palo Alto Networks or Amazon

You cannot go wrong investing in either Palo Alto Networks (PANW -1.94%) or Amazon (NASDAQ: AMZN) since both of these tech giants are offering important services (cybersecurity and cloud computing, respectively) to businesses across the world. At the same time, both these stocks have also become more affordable for retail investors after their accurate stock splits.

However, one of them is undoubtedly a better choice in the current inflationary environment. Let's analyze them in detail.

The case for Palo Alto Networks

While 2022 has been disastrous for many prominent software-as-a-service companies, Palo Alto Networks has proven to be an exception. So far this year shares of the leading cybersecurity player are currently down by 16%, far better than the NASDAQ Composite's decline of over 33% in the same time frame.

Since the COVID-19 pandemic, enterprises have been increasingly shifting their operations to a cloud environment. This coupled with the increasing prevalence of remote working has culminated in rising demand for cybersecurity services to protect ever-expanding "attack surfaces." Fortune Business Insights expects global cybersecurity to grow annually at a compounded average growth rate (CAGR) of 13.4% from $139.8 billion in 2021 to $376.3 billion in 2029.

Palo Alto is well poised to capture a significant share of this rapidly growing market opportunity. Widely known for its enterprise network security firewalls, the company is now also focusing on securing cloud-native applications. The company caters to over 85,000 customers across more than 150 countries in the world. The company has been increasingly focusing on large enterprises, a customer cohort that is relatively less susceptible to macroeconomic pressures. In fiscal 2022 (ending July 31, 2022), the number of active millionaire customers (customers spending over $1 million annually on the company's offerings) rose by nearly 31% year-over-year to 1,240.

Against the backdrop of rising security breaches, cybersecurity has become mission-critical for businesses. These trends have helped Palo Alto reduce topline volatility, despite macroeconomic pressures. With subscription and support making up over 80% of Palo Alto's total billings, the company also boasts significant revenue predictability.

Palo Alto reported impressive performance in the accurate quarter, with both revenue and earnings surpassing consensus estimates. The company also reported generally accepted accounting principles (GAAP) profitability for the first time in the past four years. Additionally, management has also guided robust top- and bottom-line growth in fiscal 2023.

Palo Alto is currently trading at only 8.4 times its sales, which is much lower than early in 2022 when it was trading for more than 12 times sales. The company has authorized $915 million worth of share repurchases through December 31, 2023. Management expects to return significant value to shareholders in the coming quarters.

The case for Amazon

Amazon stock is currently down by over 32% so far this year. While the impact of inflationary pressures and supply chain constraints on its e-commerce business and a negative hit to its investment in electric vehicle player Rivian have dominated headlines, there still remains much to like in the company's growth story.

Amazon Web Services (AWS) accounted for a 34% share of the $200 billion global cloud infrastructure market in the second quarter (ending June 30, 2022), a one-percentage-point increase on a sequential basis. In comparison, AWS' key competitors, Microsoft Azure and Alphabet's Google Cloud, accounted for 21% and 10% of the global cloud market, respectively. Although AWS has clocked an annual run rate of $79 billion and profits of around $17 billion, the company believes that there is still a lot of runway left for this business segment.

While the ongoing consumer slowdown impacts Amazon's retail business, the company's Prime loyalty program, which has signed over 200 million members worldwide, continues to be a key competitive advantage. Prime members are incentivized to spend more money on Amazon services -- in March 2019, U.S. Prime members spent $1,400 on the site, compared to $600 spent by U.S. non-Prime members. Finally, Amazon is also poised to leverage its Prime member base to expand its presence in the digital advertising space. eMarketer expects the company to account for 14.6% of the U.S. digital ad revenue  spend in 2023.

Which stock should you buy now?

Although Amazon is currently a leader in e-commerce and cloud computing markets, it has been subject to intensifying competition worldwide. Additionally, increasing transportation and logistics costs due to rising inflation and over-investment in capacity expansion may harm the company's bottom line for the next few quarters.

Palo Alto's business model seems far more resilient since security threats are known to rise in difficult market times. So I think that Palo Alto might prove to be the better pick of the two in the current market.

Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Manali Pradhan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet (A shares), Alphabet (C shares), Amazon, Microsoft, and Palo Alto Networks. The Motley Fool has a disclosure policy.

Thu, 13 Oct 2022 01:23:00 -0500 Manali Bhade en text/html
Killexams : Opinion: Yes on Measures K and L

I am writing in support of two important ballot measures in Palo Alto.

The first one, Measure K, will provide almost $10 million annually to the Palo Alto budget to fund critical efforts in the community.

I understand the concerns some have about imposing a tax on businesses, especially as we are trying to recover from the pandemic. City leaders, however, have crafted this measure through detailed negotiations with the needs of both residents and the business community.

I applaud Mayor Pat Burt and the rest of the council for their efforts to reach this consensus. By including exemptions for businesses under 10,000 square feet and an annual cap of $500,000, Measure K protects small businesses while encouraging our largest employers to continue to grow within the community.

Palo Alto is the only major Bay Area city that has not implemented some form of business tax — in San Francisco, approximately 15% of its budget (nearly $1 billion) is funded through its business taxes. The funds raised through Measure K will be put toward affordable housing, train crossings and rail safety, and public safety efforts.

Measure K funds have been targeted for a variety of transportation and mobility programs. As Caltrain increases service in the coming years, track crossings will become increasingly time-consuming without re-aligning our local streets. Palo Alto is already working on grade separations at four existing rail crossings. These projects will Boost traffic flow and Boost safety for bicyclists and pedestrians.

Measure K also will help address homelessness and the shortage of affordable housing in our community. Building affordable housing in the Bay Area is difficult and expensive. The high cost of land throughout our region limits the opportunities for housing for low- and moderate-income households and the loss of redevelopment agencies a decade ago took away cities' best option for financing these types of projects.

As a result, cities now have to explore different options for producing needed affordable housing. Measure K is a critical component of our work toward this goal. Creating more affordable housing reduces traffic congestion and reduces greenhouse gas emissions.

Measure L is an important component of our climate goals that will help reduce our reliance on natural gas (which many now call "fossil gas").

Measure L will help us accomplish this goal, along with funding critical city operations like emergency services and street maintenance. For 70 years, Palo Alto has transferred funds from its utility to the general fund for day-to-day operations. A accurate change in state law requires a vote to continue the practice. For 70 years, your representatives have used these monies responsibly; they should be allowed to continue doing so.

Palo Alto has earned a well-deserved reputation as a great community to live, work and raise a family. It is home to some of the world's most brilliant and creative minds developed by world-class educational systems. And we are strengthened by the diversity of our residents.

But to preserve that high quality of life and sense of community, we need to invest in its future. We need to provide housing for teachers so our schools remain among the best in the state. We need to Boost transportation to, from and around our city so our streets remain safe and our businesses can thrive. And we need to continue efforts in Palo Alto to address the effects of climate change on our community.

Together, Measure K and Measure L will ensure that Palo Alto continues to be the city we love. It is important that both of these measures pass this November.

I strongly encourage a "yes" vote on Measures K and L.

State Sen. Josh Becker represents the million residents of California's 13th Senate District, which includes Palo Alto.

Fri, 14 Oct 2022 01:54:00 -0500 en text/html
Killexams : Single family residence sells for $1.7 million in Palo Alto
159 Nevada Avenue - Google Street View
159 Nevada Avenue – Google Street View

A house built in 1948 located in the 100 block of Nevada Avenue in Palo Alto has a new owner. The 954-square-foot property was sold on Sept. 26, 2022 for $1,718,000, or $1,801 per square foot. The property features two bedrooms, one bath, and a carport. There’s also a pool in the backyard. The unit sits on a 3,420-square-foot lot.

These nearby houses have also recently been sold:

  • A 1,742-square-foot home on the 2400 block of Bryant Street in Palo Alto sold in September 2022 for $2,938,000, a price per square foot of $1,687. The home has 3 bedrooms and 2 bathrooms.
  • In July 2022, a 2,046-square-foot home on Park Boulevard in Palo Alto sold for $3,450,000, a price per square foot of $1,686. The home has 4 bedrooms and 4 bathrooms.
  • On Rinconada Avenue, Palo Alto, in July 2022, a 1,974-square-foot home was sold for $3,185,000, a price per square foot of $1,613. The home has 5 bedrooms and 3 bathrooms.

This article was generated by the Bay Area News Group Bot, software that analyzes home sales or other data and creates an article based on a template created by humans. Our real estate data comes from public records that have been registered and digitized by local county offices. You can report errors or bugs to

Thu, 13 Oct 2022 09:30:00 -0500 Bay Area Home Report en-US text/html
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