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Killexams : Fortinet Specialist resources - BingNews https://killexams.com/pass4sure/exam-detail/FML-5.3.8 Search results Killexams : Fortinet Specialist resources - BingNews https://killexams.com/pass4sure/exam-detail/FML-5.3.8 https://killexams.com/exam_list/Fortinet Killexams : Fortinet to Continue to Bring Together Top Technology and Golf Talent at Fortinet Championship ...

SUNNYVALE, Calif., July 14, 2022 (GLOBE NEWSWIRE) --

John Maddison, CMO and EVP of Products at Fortinet

“Fortinet is excited to once again welcome our community of partners and customers to another Fortinet Championship event in beautiful Napa Valley, kicking off the start of a new PGA TOUR season. Last year, over twenty thought leaders shared insights and solutions on the latest evolutions of cybersecurity as part of the Security Summit Symposium, which was complemented with our Technology Expo of over 35 partners showcasing new and emerging technologies. A highlight of our partnership with the PGA TOUR through this event will remain how we benefit our community and customers, as well as local non-profit organizations.”

Fortinet ® (NASDAQ: FTNT), a global leader in broad, integrated and automated cybersecurity solutions, today announced the upcoming Fortinet Championship PGA TOUR tournament event lineup, including the Security Summit Symposium, Technology Vendor Exposition, and the Fortinet and the Fortinet Championship philanthropic support for local non-profits that share Fortinet’s vision in building an inclusive and diverse workplace to close the cybersecurity skills gap. The Fortinet Championship event will be held in Napa, California at the Silverado Resort and Spa, September 15–18, 2022.

Fortinet Championship Security Summit and Technology Vendor Expo

The four-day event will build on last year’s highly successful inaugural Fortinet Championship event and will include a Security Summit and Technology Vendor Exposition. It will bring together some of the world’s best golfers and their worldwide fans with the Fortinet community of customers, partners, executives—some of the technology industry’s most accomplished leaders to discuss the latest security innovations and networking trends.

Top Leaders Discuss the Future of Cybersecurity 

  • This year’s Fortinet Championship Security Summit Symposium will take place on Tuesday September 13 and Friday, September 16.
  • The Security Summit includes a full-day Symposium of keynotes, panels and roundtable discussions with leading experts with an agenda built to offer innovative ideas and best practices that will help drive digital transformation forward. 
  • Topics that will be facilitated at the Security Summit Symposium include – but are not limited to: managing cyber risk, securing critical infrastructure, how security is critical to innovation, securing cloud migration and connectivity, zero trust, and closing the cyber skills gap.
  • The Fortinet Leadership Executive Panel will also return for the 2022 Security Summit Symposium, offering attendees the opportunity to hear from industry luminaries and leaders that includes Ken Xie, founder, chairman of the board, and CEO, Michael Xie, founder, president, and CTO, and Keith Jensen, CFO, about the future of cybersecurity and Fortinet’s role in driving that future forward.
  • Members from the recently announced Fortinet Public Sector Advisory Council will attend to facilitate discussions tied to understanding, assessing, managing, and mitigating cyber risk.

Technology Leaders Showcase Technology Innovations

  • The Security Summit will be complemented with a Technology Vendor Expo, taking place in parallel with the tournament dates of September 12-18.
  • Together, Fortinet and global partners will showcase the latest evolutions of cybersecurity, including new and emerging technologies, as well as the power of integration.
  • Technology partners that will be included in the Expo include AT&T, AWS, Google Cloud, and Intel.

Coming Together to Secure Data, Devices, and People Everywhere

Net proceeds from the Fortinet Championship support nonprofits that share the Fortinet vision of building an inclusive and diverse workplace by helping close the cybersecurity skills gap as part of its mission to secure people, devices, and data everywhere and help make possible a digital world that you can always trust.

Fortinet has designated proceeds from the Fortinet Championship to benefit nonprofit organizations in the areas of science, technology, engineering, and math (STEM); diversity and inclusion; and reskilling programs, as well as local Napa-area nonprofits.

  • The Fortinet Championship is pleased to pair with STEM-related initiatives with organizations that include the Alaina’s Voice Foundation, Cameron Champ Foundation, Eat. Learn. Play Foundation, and WINE WOMEN. 
  • Additionally, local Napa Valley non-profits that will benefit from the Fortinet Championship include the Keller Restaurant Relief Fund, Napa Valley Vine Trail Foundation, Travis Air Force Base Reserves, and Queen of the Valley Foundation.
  • In 2019, Fortinet pledged to train 1 million people globally over 5 years through its Training Advancement Agenda (TAA) and Fortinet Training Institute programs to help close the cybersecurity skills gap.
  • These and other programs, such as Fortinet’s TAA Initiative, which provides free  Network Security Expert  (NSE) Certifications and training, as well as academic partner and education outreach programs are cultivating a skilled, inclusive, and diverse cybersecurity workforce will continue Fortinet efforts to help close the  cybersecurity skills gap.

Fortinet Brand Ambassadors

At the inaugural Fortinet Championship event last September, Fortinet brought together the world’s best players and technology leaders, an event that culminated in  Max Homa  winning the Fortinet Championship trophy on Sunday. Later that year, Max, the inaugural champion, was named a  Fortinet Global Brand Ambassador. David Lipsky was added as a Fortinet Brand Ambassador in 2022.

  • About Max Homa: A Southern California native, Max earned a golf scholarship to attend the University of California Berkeley. He went on to win the PAC-12 Conference Championship, as well as the 2013 NCAA Championship individual honors, and competed in the 2013 US Open as an amateur. Max won his first PGA TOUR event at the 2019 Wells Fargo Championship. Since then, Max has had numerous great finishes on the PGA TOUR, highlighted by three wins. After claiming his first TOUR win at the 2021 Genesis Invitational, Max followed up this season by winning the 2021 Fortinet Championship and 2022 Wells Fargo Championship. We expect that Max will return to Napa this year to defend his title.
  • About David Lipsky: A rookie on the PGA TOUR this year, David also grew up in California. He attended college at Northwestern University in Illinois, and David won multiple tournaments in his college career, including the 2010 Big Ten Individual Championship, and was honored as an All-American in 2011. Following his graduation in 2011, David turned professional. David secured a win at the Korn Ferry Tour’s TPC San Antonio Challenge in 2020.

Additional Fortinet Championship Detail

  • The Fortinet Championship begins on September 15 and will kick off the 2022-2023 PGA TOUR season.
  • The event will provide fans with an authentic Napa experience, featuring the best of Napa Valley food & wine, popular musicians, and a field of 156 of the world’s best golfers -- all in one event.
  • The inaugural PGA TOUR season event hosts many of the best golfers in the world. The player field has previously included elite players such as Jon Rahm, Rory Mcllroy, 2021 Champion Max Homa, and many more.
  • The Fortinet Championship Concert Series will be held on the South Course at Silverado Resort and Spa immediately following completion of play Friday, September 16 and Saturday, September 17. Friday night will feature multi-platinum country music star Cole Swindell with special guest Gavin DeGraw. Grammy nominated powerhouse OneRepublic, with special guest X Ambassadors, will take the stage on Saturday night. Concert admission is included in the cost of the daily ticket.

“We are excited to again have the Fortinet Championship as an integral part of the FedExCup season in September. Our players, their families, and our fans love visiting Napa Valley. In its inaugural year, the Fortinet team did a stellar job of meeting and often exceeding the PGA TOUR’s high standards for our tournaments. With Fortinet, we expect another spectacular event this year and appreciate its support in continuing to grow the popularity of our sport as well as the charitable impact the Fortinet Championship has on the local community.”

— Tyler Dennis, President of the PGA TOUR

Fortinet (NASDAQ: FTNT) makes possible a digital world that we can always trust through its mission to protect people, devices, and data everywhere. This is why the world’s largest enterprises, service providers, and government organizations choose Fortinet to securely accelerate their digital journey. The Fortinet Security Fabric platform delivers broad, integrated, and automated protections across the entire digital attack surface, securing critical devices, data, applications, and connections from the data center to the cloud to the home office. Ranking #1 in the most security appliances shipped worldwide, more than 580,000 customers trust Fortinet to protect their businesses. And the Fortinet NSE Training Institute, an initiative of Fortinet’s Training Advancement Agenda (TAA), provides one of the largest and broadest training programs in the industry to make cyber training and new career opportunities available to everyone. Learn more at  https://www.fortinet.com, the  Fortinet Blog, or FortiGuard Labs.

Copyright © 2022 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and common law trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet’s trademarks include, but are not limited to, the following: Fortinet, the Fortinet logo, FortiGate, FortiOS, FortiGuard, FortiCare, FortiAnalyzer, FortiManager, FortiASIC, FortiClient, FortiCloud, FortiCore, FortiMail, FortiSandbox, FortiADC, FortiAI, FortiAP, FortiAppEngine, FortiAppMonitor, FortiAuthenticator, FortiBalancer, FortiBIOS, FortiBridge, FortiCache, FortiCall, FortiCam, FortiCamera, FortiCarrier, FortiCASB, FortiCenter, FortiCentral, FortiConnect, FortiController, FortiConverter, FortiCWP, FortiDB, FortiDDoS, FortiDeceptor, FortiDirector, FortiDNS, FortiEDR, FortiExplorer, FortiExtender, FortiFirewall, FortiFone, FortiGSLB, FortiHypervisor, FortiInsight, FortiIsolator, FortiLocator, FortiLog, FortiMeter, FortiMoM, FortiMonitor, FortiNAC, FortiPartner, FortiPenTest, FortiPhish, FortiPortal, FortiPresence , FortiProtect, FortiProxy, FortiRecorder, FortiReporter, FortiSASE, FortiScan, FortiSDNConnector, FortiSIEM, FortiSDWAN, FortiSMS, FortiSOAR, FortiSwitch, FortiTester, FortiToken, FortiTrust, FortiVoice, FortiVoIP, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLCOS and FortiWLM.

Other trademarks belong to their respective owners. Fortinet has not independently Checked statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, contract, binding specification or other binding commitment by Fortinet or any indication of intent related to a binding commitment, and performance and other specification information herein may be unique to certain environments. This news release may contain forward-looking statements that involve uncertainties and assumptions, such as statements regarding technology releases among others. Changes of circumstances, product release delays, or other risks as stated in our filings with the Securities and Exchange Commission, located at  www.sec.gov, may cause results to differ materially from those expressed or implied in this press release. If the uncertainties materialize or the assumptions prove incorrect, results may differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Fortinet assumes no obligation to update any forward-looking statements, and expressly disclaims any obligation to update these forward-looking statements.

About Alaina’s Voice Foundation

Alaina’s Voice’s mission is to inspire hope and kindness in our communities through education, music, and mental health initiatives. Alaina Maria Housley died on November 7, 2018 when someone entered the Borderline Bar in Thousand Oaks California while she was line dancing and shot her, and 11 other people, taking their lives. While her body is gone, her voice will live on. The foundation believes stopping one act of senseless violence in the future may not be measurable, but it is worth saving one more life and one more family the heartache.

About Cameron Champ Foundation

The Cameron Champ Foundation is committed to unlocking the potential in and transforming the lives of youth from underserved and underrepresented communities. The foundation is dedicated to providing greater accessibility and inclusion in the game of golf, and to supporting kids in all aspects of their lives.

About Eat. Learn. Play. Foundation

Stephen and Ayesha Curry’s Eat. Learn. Play. Foundation is committed to unlocking the amazing potential of every child by fighting to end childhood hunger, ensuring students have access to a quality education, and providing safe places for all children to play and be active. We focus on three vital pillars of a healthy childhood: nutrition, education, and physical activity. Our investments meet kids where they are most often - in school, at home, and in their neighborhood.

About Keller Restaurant Relief Fund

With the ever-evolving landscape devasting the hospitality profession, the Keller Restaurant Relief Fund exists to help your favorite server, the bartender who knows your mood, the chef who sends an extra course, the porter who is integral to everything we do, or the management and administrative teams who work tirelessly behind the scenes. In a world that has changed dramatically over the course of mere months, the need is still there.

About Napa Valley Vine Trail

The Napa Valley Vine Trail Coalition is a grass-roots nonprofit with a vision to build a walking/biking trail system to connect the entire Napa Valley--physically, artistically, and culturally. They are working to design, fund, construct, and maintain 47 safe and scenic miles of level, paved, family-friendly, dog-friendly, free-access Class I trail, stretching from the Vallejo Ferry to Calistoga. The Vine Trail provides many safety, health, environmental, economic and tourism benefits for the Napa community.

About Queen of the Valley Foundation

Queen of the Valley Foundation was established in 1969 by 32 visionary community leaders. Many of these individuals had been involved in raising the funds needed to build the hospital a decade earlier. They formalized their efforts by creating a separate corporation that would continue to provide support into the future. The Founders’ mission was to make certain that funding would always be available to sustain the highest-quality health care possible, and that it would be available to everyone who visits, lives and works in Napa County. The foundation has raised more than $119 million for facilities, equipment, technology, programs and services at Queen of the Valley Medical Center through the generosity of the Napa Valley community.

Travis Air Force Base Reserves

The 621st Contingency Response Wing at Travis Air Force Base is highly-specialized in training and rapidly deploying personnel to quickly open airfields and establish, expand, sustain, and coordinate air mobility operations. From wartime taskings to disaster relief, the 621st extends Air Mobility Command's in deploying people and equipment around the globe. Their mission is Advise, Direct, and Project Airpower … anytime, anywhere. Always ready. Always resilient. Always caring.

WINE WOMEN was launched in 2016 with the goal to advance women’s professional careers in the wine industry by fostering and nurturing talent, providing networking and training opportunities, and advocating for better professional opportunities. Members enjoy educational, networking and career-building opportunities through Professional Forums, Wine Women events and mentorship. Opportunities to learn and grow (and build one’s resume) also exist through volunteering in a variety of exciting roles and utilizing benefits at our partners’ programs.

Thu, 14 Jul 2022 05:02:00 -0500 en text/html https://www.elpasoinc.com/fortinet-to-continue-to-bring-together-top-technology-and-golf-talent-at-fortinet-championship/article_96f0f59e-0585-523b-b32b-292971549f2d.html
Killexams : Stock Market Sell-Off: 1 Stock-Split Stock to Buy Now and Hold Forever

The stock market sell-off has been brutal on technology companies this year, as rich valuations, surging inflation, rising interest rates, and fears of a recession have combined to dent investors' confidence in the prospects of fast-growing companies.

Fortinet (FTNT -3.69%) is one such company that has suffered thanks to the market sell-off. Shares of the cybersecurity specialist are down 21% so far this year despite the impressive growth in its revenue and earnings, a far cry from the outstanding returns it delivered in 2021. However, Fortinet management executed a 5-for-1 stock split on June 22, a move that makes this high-growth company accessible to a bigger pool of investors.

Of course, Fortinet stock's valuation and market cap remain the same. It's just that Fortinet shareholders will now have five shares for every share they held before the split. But the move could attract more retail investors toward the stock -- the split has reduced the price of each Fortinet share to less than $60 -- which wouldn't be surprising given its bright prospects. Let's look at the reasons why this beaten-down stock-split play is worth buying following its slide in 2022.

Fortinet is growing fast

Fortinet released its first-quarter 2022 results on May 4, reporting a 34% year-over-year increase in revenue to $955 million. More importantly, the company's bookings shot up 50% year over year to $1.28 billion during the quarter. This points toward better times for Fortinet, as bookings are the total value of all orders received by the company during the quarter.

Not surprisingly, Fortinet exited the quarter with deferred revenue of $3.66 billion, a 33% increase over the year-ago period. Deferred revenue is the money collected in advance by a company for services that will be rendered later. It is recognized as revenue on the income statement once the services are delivered. So Fortinet's healthy deferred revenue growth indicates that its momentum is here to stay.

It is also worth noting that Fortinet's customers are increasing their spending on the company's offerings. For instance, Fortinet signed 90 deals that were worth $1 million or more last quarter, up from 66 in the prior-year period. The number of deals worth more than $500,000 increased 45% year over year to 243.

More importantly, Fortinet's guidance suggests that it is on track to register healthy growth this year. The company expects $4.38 billion in revenue in 2022, which would be a 31% increase over last year. Analysts are upbeat about next year as well, forecasting 21% top-line growth. Even better, Fortinet's earnings are expected to increase at a rate of nearly 21% a year for the next five years.

These upbeat forecasts aren't surprising given the potential growth of the market that Fortinet operates in and the company's solid share.

The impressive growth is sustainable

Fortinet sees lucrative opportunities in the cybersecurity and enterprise networking markets.

Enterprise networking, for instance, represents an $80 billion opportunity for Fortinet, while it sees the cybersecurity market presenting another $100 billion in addressable revenue by 2025. Fortinet is in a solid position to convert this massive end-market opportunity into real revenue.

For example, Fortinet's core market of network security is expected to generate $27 billion in revenue by 2027 compared to $21 billion this year. The company has set itself up nicely to corner this market, with a solid customer base that includes 80% of the Fortune 500 companies. As a result, Fortinet's share of the firewall market now stands at 38%, which is well ahead of its cybersecurity rivals.

Meanwhile, Fortinet also holds a 20% share of the fast-growing software-defined wide area network (SD-WAN) hardware appliance market, second only to Cisco Systems, which controls 25% of this space. The demand for SD-WAN cybersecurity is estimated to increase at an annual rate of 21% over the next 10 years, which bodes well for Fortinet given its share of this market.

In all, it is not surprising to see why Fortinet management expects to hit $8 billion in annual revenue by 2025 at a compound annual growth rate of 22%. Investors, however, can expect this cybersecurity stock to keep up that momentum for a longer time considering the catalysts discussed above, which is why they might want to consider buying this stock-split play and holding it for a long time to come.

Harsh Chauhan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Cisco Systems and Fortinet. The Motley Fool has a disclosure policy.

Tue, 28 Jun 2022 08:10:00 -0500 Harsh Chauhan en text/html https://www.fool.com/investing/2022/06/28/market-sell-off-stock-split-buy-now-hold-forever/
Killexams : Fortinet to Announce Second Quarter 2022 Financial Results

SUNNYVALE, Calif., July 05, 2022 (GLOBE NEWSWIRE) --

News Summary
Fortinet® (NASDAQ: FTNT), a global leader in broad, integrated, and automated cybersecurity solutions, announced that it will hold a conference call to discuss its second quarter 2022 financial results on Wednesday, August 3 at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time).

Fortinet's financial results conference call will be broadcast live in listen-only mode on the company’s investor relations website at http://investor.fortinet.com. While not required, it is recommended that you join at least 10 minutes prior to the event start.

The CEO and CFO’s prepared remarks, supplemental slides and a call replay will be accessible from the Quarterly Earnings page on the Investor Relations page of Fortinet's website at https://investor.fortinet.com/quarterly-earnings.

About Fortinet
Fortinet (NASDAQ: FTNT) makes possible a digital world that we can always trust through its mission to protect people, devices, and data everywhere. This is why the world’s largest enterprises, service providers, and government organizations choose Fortinet to securely accelerate their digital journey. The Fortinet Security Fabric platform delivers broad, integrated, and automated protections across the entire digital attack surface, securing critical devices, data, applications, and connections from the data center to the cloud to the home office. Ranking #1 in the most security appliances shipped worldwide, more than 580,000 customers trust Fortinet to protect their businesses. And the Fortinet NSE Training Institute, an initiative of Fortinet’s Training Advancement Agenda (TAA), provides one of the largest and broadest training programs in the industry to make cyber training and new career opportunities available to everyone. Learn more at https://www.fortinet.com, the Fortinet Blog, or FortiGuard Labs.

FTNT-F

Copyright © 2022 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and common law trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet’s trademarks include, but are not limited to, the following: Fortinet, the Fortinet logo, FortiGate, FortiOS, FortiGuard, FortiCare, FortiAnalyzer, FortiManager, FortiASIC, FortiClient, FortiCloud, FortiCore, FortiMail, FortiSandbox, FortiADC, FortiAI, FortiAP, FortiAppEngine, FortiAppMonitor, FortiAuthenticator, FortiBalancer, FortiBIOS, FortiBridge, FortiCache, FortiCall, FortiCam, FortiCamera, FortiCarrier, FortiCASB, FortiCenter, FortiCentral, FortiConnect, FortiController, FortiConverter, FortiCWP, FortiDB, FortiDDoS, FortiDeceptor, FortiDirector, FortiDNS, FortiEDR, FortiExplorer, FortiExtender, FortiFirewall, FortiFone, FortiGSLB, FortiHypervisor, FortiInsight, FortiIsolator, FortiLocator, FortiLog, FortiMeter, FortiMoM, FortiMonitor, FortiNAC, FortiPartner, FortiPenTest, FortiPhish, FortiPortal, FortiPresence , FortiProtect, FortiProxy, FortiRecorder, FortiReporter, FortiSASE, FortiScan, FortiSDNConnector, FortiSIEM, FortiSDWAN, FortiSMS, FortiSOAR, FortiSwitch, FortiTester, FortiToken, FortiTrust, FortiVoice, FortiVoIP, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLCOS and FortiWLM.

Other trademarks belong to their respective owners. Fortinet has not independently Checked statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, contract, binding specification or other binding commitment by Fortinet or any indication of intent related to a binding commitment, and performance and other specification information herein may be unique to certain environments. This news release may contain forward-looking statements that involve uncertainties and assumptions, such as statements regarding technology releases among others. Changes of circumstances, product release delays, or other risks as stated in our filings with the Securities and Exchange Commission, located at www.sec.gov, may cause results to differ materially from those expressed or implied in this press release. If the uncertainties materialize or the assumptions prove incorrect, results may differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Fortinet assumes no obligation to update any forward-looking statements, and expressly disclaims any obligation to update these forward-looking statements.


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Tue, 05 Jul 2022 02:21:00 -0500 text/html https://www.tmcnet.com/usubmit/2022/07/05/9633380.htm
Killexams : Investing in Cybersecurity Stocks

Cybersecurity spending has soared since the COVID-19 pandemic began. Organizations are faced with new security challenges as cloud computing and remote work have become essential. As a result, many cybersecurity stocks were top performers in 2020 and 2021, boosted by strong demand for next-gen security software. The bear market of 2022 has put a damper on some of the highest flyers, but cybersecurity remains a top investment theme.

According to the Identity Theft Resource Center, the number of data breaches set a new record in 2021, with the number of incidents jumping 68% over 2020 and up 23% from the previous high in 2017. Data breaches were up another 14% year over year during the first quarter of 2022. Overall, cybercrime is on the rise at a double-digit percentage pace.

It shouldn’t be surprising that global spending on cybersecurity is expected to exceed $170 billion in 2022 (up about 13% from 2021) and will likely continue to be a high-growth industry for years. Cybersecurity stocks are a red-hot niche of the tech industry, so knowing how to invest in them can yield some big returns in the decade ahead.

Digital padlock illustrating cybersecurity.

Image Source: Getty Images

Top cybersecurity stocks

Here are some of the top cybersecurity stocks to own in 2022 and beyond:

Company Market Cap Description
CrowdStrike Holdings (NASDAQ:CRWD) $43 billion One of the largest cybersecurity companies by market cap and a leader in endpoint security software.
Zscaler (NASDAQ:ZS) $24 billion Cloud computing and internet security software provider.
Okta (NASDAQ:OKTA) $16 billion Cloud-based identity and access management.
SentinelOne (NYSE:S) $7.2 billion Recent IPO and CrowdStrike competitor.
Palo Alto Networks (NYSE:PANW) $51 billion Largest independent cybersecurity company by total annual sales.
Fortinet (NASDAQ:FTNT) $48 billion Large security company with best-in-class hardware for data center security.
Splunk (NASDAQ:SPLK) $16 billion Leader in data analytics, offering new functions such as cloud observability and security orchestration.
Datadog (NASDAQ:DDOG) $34 billion Splunk competitor that has also made a foray into security monitoring capabilities.
Akamai (NASDAQ:AKAM) $15 billion One of the largest internet infrastructure companies that helps secure web content.

Data source: YCharts. Market cap as of June 27, 2022.

Cloud security, identity management, and legacy security vendors

As cloud computing has quickly grown into an industry worth hundreds of billions per year, sales of security software that’s cloud-native (built in and for the cloud) have skyrocketed. These leaders in the space have some of the most promising long-term potential:

1. CrowdStrike Holdings

A cloud-native software company, CrowdStrike Holdings (NASDAQ:CRWD) provides endpoint security -- protection for devices such as laptops, PCs, and servers, and any other device connected to a network. Because it’s cloud-based, CrowdStrike is particularly well-suited for supporting remote work.

CrowdStrike’s software uses machine learning (a type of artificial intelligence) to detect security breaches and hunt down threats. It’s also easy to deploy to the millions of people working from home and the billions of machines connected to the internet. The company has steadily increased the number of modules on its platform to help its customers, and it has new integration agreements with other tech companies to make data protection more consistent across an organization’s IT infrastructure.

The premium-priced stock has been hit hard during the first half of 2022, but CrowdStrike’s sales have been booming nonetheless. It’s also highly profitable as measured by free cash flow. In an increasingly mobile world with more devices continually coming online, CrowdStrike is poised to continue growing at a brisk rate.

2. Zscaler

Another cloud-native security vendor, Zscaler (NASDAQ:ZS) works in tandem with endpoint security services to help keep data secure. The company has been increasing its sales at a rapid pace and is another of the largest pure-play cybersecurity stocks as measured by market cap -- even though the stock itself has sold off almost 50% through the first half of 2022.

Zscaler got started with a software-as-a-service product designed for cloud computing protection, but it has since added new internet security and end-user monitoring products. End-user monitoring is increasing with so many people now working from home. And, with global spending on cloud computing expected to exceed $1 trillion annually this decade, Zscaler is well-positioned to profit from this massive secular growth trend.

3. Okta

Okta (NASDAQ:OKTA) is a pioneer of identity and access management, which rethinks traditional security by using what’s called zero-trust architecture. This type of identity management constantly requires verification of a user before allowing access to data and applications. If legacy security is a castle with a wall and a moat, then zero-trust security acts more like a counterspy agency.

In an increasingly mobile and cloud-based world, Okta’s identity management software has been in high demand. Businesses often have a complicated web of stakeholders, including employees, third-party contractors, suppliers, customers, and the like. The sheer size and complexity of web-based applications has driven Okta’s growth story and attracted some attention, too. Fellow identity management company ForgeRock (NYSE:FORG) had a successful public debut in 2021.

Okta is firmly in the lead in this branch of security. A cyberattack in January 2022 affected two of its customers, helping accelerate the decline of its stock during the bear market. However, Okta remains in growth mode as new customers adopt its software to manage identity and access security.

4. SentinelOne

SentinelOne (NYSE:S) is another recent pure-play cybersecurity company to be publicly listed. Its initial public offering (IPO) in June 2021 raised $1.2 billion in cash and valued the company at $10 billion, making SentinelOne's IPO the largest ever for a cybersecurity company. However, a rough start for the stock market in 2022 and slowing revenue growth at SentinelOne has sent the stock below its IPO price.

Despite a slowdown, this small company still doubled sales year over year during the first few months of 2022. It operates a cloud-based endpoint security platform, which puts it in competition with CrowdStrike. Its ability to automatically detect and resolve cybersecurity threats is being well-received in the market.

5. Palo Alto Networks

Hailing from an era that predates cloud technology, Palo Alto Networks' (NYSE:PANW) specialty is rooted in firewalls -- devices that protect traffic into and out of physical locations such as offices and data centers. While its legacy services still experience plenty of demand, the real growth is in the cloud.

The company's highly profitable platform has helped it to acquire more than a dozen smaller cloud-native businesses in the past few years. As a result, Palo Alto Networks has given its security operation a serious makeover. Management says its acquisition spree is over for now, and it predicts double-digit percentage revenue growth in the years ahead. This steady growth and market leadership has helped make its stock one of the best performers among cybersecurity companies in 2022.

Palo Alto Networks is the largest pure-play cybersecurity operation by revenue and market cap. Now also a leading cloud security provider, this legacy business is highly competitive in the cybersecurity industry. Shares trade for a relative value compared to its younger, high-flying, cloud-native rivals.

6. Fortinet

Another legacy security software provider, Fortinet (NASDAQ:FTNT) is also one of the largest cybersecurity companies in the world by revenue and market cap. Like its peer Palo Alto Networks, it has maintained double-digit percentage growth and is highly profitable. But, unlike Palo Alto Networks’ acquisition spree, Fortinet has instead invested in its organic development of cloud security to remain competitive.

One of its developments is a recently announced software-based internet security product being built and deployed with one of Europe’s leading telecom providers, Telefónica Tech (NYSE:TEF). The company also recently announced a partnership with Singapore's Quantum Engineering Programme to develop next-gen security for quantum computing.

Fortinet is also a top provider of firewalls. Its best-in-class hardware continues to generate more revenue as many organizations turn to Fortinet for help when building new data centers and servers. For investors looking for a good balance of both sales and profitability growth, Fortinet is one of the best security stocks on the market.

Did you know?

As a high-growth segment of the tech industry, cybersecurity offers investors lots of upside in the decade ahead.

Infrastructure monitoring and content delivery networks

Cloud computing creates, uses, and stores more digital data, and an organization’s IT infrastructure can quickly become more complex by an order of magnitude. Companies that monitor these cloud-based operations are critical to cybersecurity, as are companies that manage the web content and apps themselves. Here are some top names to consider:

1. Splunk

A long-time leader in data analytics, Splunk (NASDAQ:SPLK) provides software that helps companies sift through logs of information, monitor digital activity, and orchestrate responses to data breaches. While its platform predates cloud technology, the company has been migrating customers to newer cloud-based versions of its software.

Data analytics is a fast-growing segment of IT management, and Splunk is a central part of many organizations’ security and monitoring efforts. The company expects its annualized recurring revenue to grow at a double-digit rate over the next couple of years.

However, Splunk has numerous competitors, some with newer and more nimble software for today’s cloud computing needs. But, with its transition to cloud tech still in progress, Splunk is a value stock, especially when considering the company's fundamentals such as revenue and profitability.

2. Datadog

Datadog (NASDAQ:DDOG), a cloud-native platform, is built to collect, monitor, and yield insights on cloud-based data and operations. The company uses AI to help automate the process of monitoring large and complex sets of data, relieving some of the burden of busy IT teams. It’s also been steadily expanding its platform's capabilities with new modules that include cloud-based security and data monitoring.

Data analytics software is a large and fast-growing segment of the tech world, which bodes well for Datadog. Besides Splunk, Elastic (NYSE:ESTC) and Dynatrace (NYSE:DT) are two other promising software makers to consider in this space.

3. Akamai

As a content delivery network (CDN), Akamai (NASDAQ:AKAM) ensures that data securely arrives at its intended destination. With the amount of data traveling across the internet steadily on the rise, CDNs are becoming increasingly important. More people than ever are using the web for everything from entertainment to work. To bolster its network security offerings and protect its customers from ransomware attacks, Akamai acquired Israel-based Guardicore in 2021 and cloud infrastructure platform Linode in early 2022.

CDNs are internet infrastructure that maintain the internet “freeway” on which data travels. Akamai is a leader in this sector and is also a developer of edge computing technology, which pulls data away from centralized data centers and closer to end users.

Cloudflare (NYSE:NET) and Fastly (NYSE:FSLY), which are newer CDN providers, have a greater focus on edge computing and are competitors to Akamai worth considering.

Related investing topics

Top cybersecurity ETFs

If you'd rather not have to choose among individual cybersecurity stocks, you can consider several exchange-traded funds (ETFs) that enable investors to participate in the growth of the cybersecurity industry as a whole.

Our top picks for cybersecurity ETFs include:

1. First Trust NASDAQ CEA Cybersecurity ETF

With $5.3 billion of assets under management in mid-2022, First Trust NASDAQ CEA Cybersecurity ETF (NASDAQ:CIBR) is the largest of its kind. The ETF is composed of 38 stocks in the cybersecurity industry and has an annual expense ratio of 0.6%, making it an affordable option.

2. ETFMG Prime Cyber Security ETF

Also notable in this sector is the ETFMG Prime Cyber Security ETF (NYSEMKT:HACK). Holding 64 stocks, this ETF invests in many relatively small companies in the cybersecurity industry. The fund manages $1.7 billion of assets and also has an expense ratio of 0.6%.

3. Global X Cybersecurity ETF

A newcomer to the cybersecurity ETF space, the Global X Cybersecurity ETF (NASDAQ:BUG) launched at the end of 2019. The fund managed $1.2 billion of assets in mid-2022 and has an expense ratio of 0.5%. The Global X Cybersecurity ETF is also more concentrated, with only 29 stocks in its portfolio. Since its inception, the fund has outperformed its competitors on this list.

How to invest in cybersecurity stocks

When considering how to identify the best cybersecurity stocks, remember that cloud-native companies have a natural competitive advantage with the latest software technology. However, legacy companies generate ample profit margins and have the cash to make updates. Companies that monitor cloud-based operations and those that manage web content and apps are also increasingly important to the online security of a company.

Cybersecurity ETFs are another great option and can be purchased with your favorite cybersecurity stocks. For all of your investments, stay focused on the long-term potential of these fast-growing companies. Technology that helps the digital world to stay safe is rapidly evolving and proliferating, and cybersecurity companies will reap the financial benefits accordingly.

Nicholas Rossolillo has positions in Cloudflare, Inc., CrowdStrike Holdings, Inc., Dynatrace, Inc., Elastic, Fastly, and Fortinet. The Motley Fool has positions in and recommends Cloudflare, Inc., CrowdStrike Holdings, Inc., Datadog, Elastic, Fastly, Fortinet, Okta, Splunk, and Zscaler. The Motley Fool has a disclosure policy.
Thu, 30 Jun 2022 04:25:00 -0500 Nicholas Rossolillo en text/html https://www.fool.com/investing/stock-market/market-sectors/information-technology/cybersecurity-stocks/
Killexams : Exclusive Networks announces acquisition of cyber specialist to establish Sub-Sahara African presence

Exclusive Networks announces acquisition of cyber specialist to establish Sub-Sahara African presence

Acquisition of Networks Unlimited, a South Africa-based cybersecurity specialist distributor

Newly expanded Middle East & Africa (MEA) region to drive value for local and global partners

PARIS, FRANCE and CENTURION, SOUTH AFRICA – 2 December 2021 – Exclusive Networks, a global trusted cybersecurity specialist for digital infrastructure, has completed its acquisition of Networks Unlimited.

Networks Unlimited is a major regional value-added distributor serving 38 national markets in Africa with cybersecurity and infrastructure solutions. The acquisition establishes Exclusive Networks’ first presence in sub-Saharan Africa, expanding its global footprint and providing new opportunities for vendor and reseller partners both within the region and around the world.

“This is the perfect acquisition for us in Africa – I’m pleased to welcome Networks Unlimited into the global Exclusive family and believe this brings a host of benefits and opportunities to all our partners,” said Jesper Trolle, CEO at Exclusive Networks. “There are strong synergies in our cultures, value propositions and vendor portfolios, which extend our global partnerships with Fortinet, SentinelOne, F5 and many others. As well as filling in more of the global map with Exclusive Networks’ presence, we see enormous potential in the broader African market that we can now serve from offices throughout the continent and our regional logistics hub in UAE, and which complements our established business in North Africa.”

Networks Unlimited has been a consistent and influential presence in the African IT distribution landscape for over 27 years, with deep partner links and established cybersecurity expertise. Headquartered in South Africa with further operations in Kenya and Mauritius, it transacts with partners throughout a total of 38 African countries including Nigeria and Ghana.

The company’s Managing Director, Anton Jacobsz, and the two co-founders, Craig Copeland and Wayne Bird, will remain shareholders and they will continue to manage the company together with The Love Trust, the company’s Broad-Based Black Economic Empowerment (B-BBEE) partner in South Africa. Following the acquisition Exclusive Networks Africa will remain a Level 1 B-BBEE company.  

Networks Unlimited will operate under the Exclusive Networks brand once integration work has completed, which is expected in early 2022. The company will form part of an enlarged Middle East & Africa (MEA) region headed by Regional Director, Nathan Clements.  

“This is great news for our staff and all our customers and partners. It’s not the end of our journey, but the beginning of an exciting new chapter where we can accomplish so much more with the global reach and resources of Exclusive Networks,” said Anton Jacobsz, Managing Director. “I look forward to working closely with colleagues across the region to extend our partner offering, particularly around services, and to continue the high standards our customers are accustomed to.”      

-ENDS-

About Exclusive Networks
Exclusive Networks is a global trusted cybersecurity specialist for digital infrastructure helping to drive the transition to a totally trusted digital future for all people and organisations. Our distinctive approach to distribution gives partners more opportunity and more customer relevance. Our specialism is their strength – equipping them to capitalise on rapidly evolving technologies and transformative business models.

 The Exclusive Networks story is a global one with a services-first ideology at its core, harnessing innovation and disruption to deliver partner value. With offices in 40 countries and the ability to service customers in over 150 countries across five continents, Exclusive Networks has a unique ‘local sale, global scale’ model, combining the extreme focus and value of local independents with the scale and service delivery of a single worldwide distribution powerhouse. More at www.exclusive-networks.com
 

For media enquiries:

FTI Consulting
Jamie Ricketts, Christina Zinck, Emily Oliver, Charlotte Stephen
+44 (0)20 3727 1000
exclusivenetworks@fticonsulting.com

Cohesive
+44 (0) 1291 626200
exclusivegroup@wearecohesive.com  

Contacts
Networks Unlimited, Michelle Naidoo, +27 (0) 11 202 8400, michelle.naidoo@nu.co.za
icomm, Debbie Sielemann, +27 (0) 82 602 1635, vivienne@pr.co.za, www.icomm-pr.co.za



Sat, 05 Mar 2022 00:00:00 -0600 text/html https://itnewsafrica.com/pressoffices/exclusive-networks/exclusivenetworks.html
Killexams : NPM compromises. ICS advisories. Free ransomware decryptors. Update on cyber phases of Russia's hybrid war. Disneyland hack.

Dateline

Ukraine at D+134: Preparing for an end to Russia's operational pause. (The CyberWire) Mr. Putin says no one should count on Ukrainian battlefield victory, because Russia's hardly gotten started.

Russia-Ukraine war: List of key events, day 135 (Al Jazeera) As the Russia-Ukraine war enters its 135th day, we take a look at the main developments.

Ukraine Says Western Weapons Begin to Help as It Raises Flag on Snake Island (Wall Street Journal) President Volodymyr Zelensky said that Western heavy weapons are starting to have an effect on the battlefield but urged speedier deliveries, particularly of antiaircraft systems, as Russia continued lobbing missiles into Ukrainian cities.

Zelensky says Ukraine will not provide up territory for peace with Russia: 'This is our land' | CNN Politics (CNN) Ukrainian President Volodymyr Zelensky told CNN's Wolf Blitzer on Thursday that Ukraine is unwilling to cede any of its land to Russia, standing firm that a concession of Ukrainian territory won't be part of any diplomatic negotiations to end the war.

Russia-Ukraine war: Putin warns Moscow has 'barely started' its campaign (The Telegraph) Vladimir Putin has issued a defiant warning to the west claiming that Moscow has barely started its military campaign in Ukraine

Ukraine’s Implausible Theories of Victory (Foreign Affairs) The fantasy of Russian defeat and the case for diplomacy.

G-20 diplomats fail on unity over Ukraine, war's impact (AP NEWS) Deeply divided top diplomats from the world’s richest and largest developing nations failed to find common ground Friday over Russia’s war in Ukraine and how to deal with its global impacts, leaving prospects for future cooperation in the forum uncertain.

Germany refuses to ‘plunder its own military’ for the sake of Ukraine (The Telegraph) Pressure on Olaf Scholz to provide armoured vehicles, as German MPs prepare to set an example by limiting their own use of hot water

Army leaders convene with allies to review Ukraine war lessons (Stars and Stripes) The implications of drones and long-range artillery were among the Ukraine war subjects discussed by U.S. Army leaders and other allied commanders Thursday, as they assessed the path forward for an alliance still adapting to Russia’s unprovoked invasion.

Russian Info Ops Ramp Up Effort to Divide West on Ukraine (Infosecurity Magazine) Recorded Future claims Kremlin is using multiple outlets to amplify disinfo

China's Tonto Team APT Ramps Up Spy Operations Against Russia (Dark Reading) In a significant spike of activity, the state-sponsored group is going after intelligence on Russian government agencies.

Hackers linked to the Chinese government increasingly target Russia, analysis suggests (CyberScoop) A recent phishing attempt targeting Russian entities involved long-established Chinese toolkits, experts said.

Russian Cybercrime Trickbot Group is systematically attacking Ukraine (Security Affairs) The operators behind the TrickBot malware are systematically targeting Ukraine since the beginning of the war in February 2022. IBM researchers collected evidence indicating that the Russia-based cybercriminal Trickbot group (aka Wizard Spider, DEV-0193, ITG23) has been systematically attacking Ukraine since the beginning of the Russian invasion of the country. Since February, the Conti ransomware […]

US finance sector encouraged to stay vigilant against retaliatory Russian cyberattacks (SC Magazine) As the Russia-Ukraine war closes in on its fifth month, now is not the time to drop the ball on cybersecurity, says a leading financial technology analyst.

Ukraine War Boosts Support for Added Defense Spending in Japan (Wall Street Journal) A national election appears set to provide Japan’s government a mandate for a sharp increase in the military budget, thanks to the war in Ukraine.

Ukrainian diaspora urges Trudeau not to return turbine to Russia (the Guardian) Moscow says equipment, which was being repaired in Canada, was crucial to restore gas supplies to Germany

Ukraine grain farmers devastated by Russia’s Black Sea blockade (Washington Post) The morning Russian tanks and troops stormed across Ukraine’s borders, Volodymyr Onishchuk’s grain got stuck. He had delivered about $100,000 worth to a storage site at Ukraine’s Black Sea port in Mykolaiv on Feb. 23, but by Feb. 24 — when the ship with his harvest was to set sail — Russian troops were on the ground and warships lingered menacingly off the Ukrainian coast.

Attacks, Threats, and Vulnerabilities

python-dateutils—A Cryptominer in Disguise Targeting Windows, Linux, macOS (Sonatype) We analyze a suspicious 'python-dateutils' PyPI package targeting Python developers to mine cryptocurrency after infecting their Windows, macOS or Linux systems.

From Follina to Rozena - Leveraging Discord to Distribute a Backdoor (Fortinet Blog) FortiGuard Labs recently discovered a document that exploits CVE-2022-30190 (Follina) to trigger the download of the Rozena malware, capable of injecting a remote shell connection back to the attac…

Stealthy Cyber-Campaign Ditches Cobalt Strike for Rival 'Brute Ratel' Pen Test Tool (Dark Reading) The latest criminal use of a legitimate red-teaming tool helps attackers stay under the radar and better access living-off-the-land binaries.

Threat actors exchange beacons for badgers to evade endpoint security (Help Net Security) Threat actors are using Brute Ratel C4 (BRc4), a tool similar to Cobalt Strike, to avoid detection by endpoint security solutions.

Over 1200 NPM Packages Found Involved in "CuteBoi" Cryptomining Campaign (The Hacker News) Researchers have uncovered a new large-scale cryptocurrency mining campaign involving over 1200 malicious NPM JavaScript packages.

Someone may be prepping an NPM crypto-mining spree (Register) 1,300 packages from 1,000 automated user accounts set the stage for something big

Twitter says it removes 1 million spam accounts a day (AP NEWS) Twitter said it removes 1 million spam accounts each day in a call with executives Thursday during a briefing that aimed to shed more light on the company's fake and bot accounts as it tussles with Elon Musk over “spam bots.”

Going Once, Going Twice, Sold: Real Time Bidding Data Privacy Breach (Ward and Smith, P.A.) The ongoing massive data breach in the world of advertising: real time bidding ("RTB"). You likely are, or have been, a target of RTB without your knowledge...

Researchers Detail Techniques LockBit Ransomware Using to Infect its Targets (The Hacker News) Researchers detail a wide range of constantly evolving techniques used by LockBit ransomware uses to infect targets.

I sent my yoga studio a web form, and all I got was this lousy malware attack (Ars Technica) When thread hijacking from TA578 hits close to home.

The Top 4 Ways That Malware Spreads (Make Use Of) You should've heard about the devastating effects of malware, but how can it actually spread between devices?

Disneyland’s Instagram Account Hacked With a Series of Profane, Racist Posts (Wall Street Journal) Disneyland Resort’s Instagram account was taken over by a self-proclaimed “super hacker” Thursday morning who made a series of profane and racist posts that have since been taken down.

Disneyland investigating compromised Facebook and Instagram accounts (The Record by Recorded Future) Disneyland officials are investigating a Thursday morning hack of its Facebook and Instagram accounts.

Malware knocks IT services vendor SHI offline (Register) Major supplier to US government and enterprise only just getting back on its feet

An ISP Scam Targeted Low-Income People Seeking Government Aid (Wired) The US Federal Communications Commission says a man posing as a fake broadband service promised victims discounts on internet services and devices.

Lending Tree Data Breach, Sensitive Information Potentially Disclosed in Hack (LegalScoops) On June 29, 2022, Lending Tree, LLC, an online lending marketplace based in based in Charlotte, North Carolina, reported a data breach to the Montana

Cyberattack delays child support checks in Arizona (12news.com) State officials say about 800 child support and unemployment checks were delayed in getting sent out due to a recent cyberattack.

Paid Family Leave payments resume in DC after cyberattack | WTOP News (WTOP News) D.C. residents who receive weekly Paid Family Leave benefits will see money hit their bank accounts after a recent cyberattack interrupted the financial flow.

Town of Hingham Shares Information on potential COMSTAR Data Breach (Hingham Anchor) Love this? Share it!Facebook0Pinterest0TwitterLinkedinemail July 8, 2022 Submitted by the Town of Hingham The Town of Hingham wishes to inform residents of a potential data breach against an ambulance billing company that may impact some residents who have utilized ambulance services within the Town of Hingham. COMSTAR Ambulance Billing provides ambulance billing services to multiple ... Read more

Security Patches, Mitigations, and Software Updates

Cisco Releases Security Updates for Multiple Products (CISA) Cisco has released security updates to address vulnerabilities in multiple Cisco products. An attacker could exploit some of these vulnerabilities to take control of an affected system. For updates addressing lower severity vulnerabilities, see the Cisco Security Advisories page. CISA encourages users and administrators to review the following Cisco advisories and apply the necessary updates:

Microsoft U-turns on decision to block Office macros by default (Computing) The company said earlier that it would block VBA macros by default in a variety of Office apps, it has now mysteriously reversed this decision

CIOs agree: lack of staff security knowhow a critical problem (Computing) Staff reuse passwords, share devices and cannot tell the difference between fake and legitimate emails.

Marketplace

Cybersecurity firms laying off employees despite increased threats (Washington Examiner) In part, concerns over the global economy are driving these decisions.

Cybersecurity M&A Roundup: 45 Deals Announced in June 2022 (SecurityWeek) 45 cybersecurity-related merger and acquisition (M&A) deals were announced in June 2022.

Recorded Future Acquires Hatching to Extend Intelligence Cloud Coverage with Malware Analysis (Recorded Future) Intelligence leader adds high-performance, automated malware analysis capabilities to provide defenders an intelligence advantage for combating malware.

Coalition Closes $250 Million in Series F Funding, Valuing The Cyber Insurance Provider At $5 Billion (GlobeNewswire News Room) Funding from Allianz X, Valor Equity Partners, Kinetic Partners, and existing investors will accelerate Coalition’s vision to provide security for all...

Swimlane Secures $70 Million Growth Round to Fuel Global Expansion of Next Generation Low-Code Security Automation Platform (AiThority) Swimlane, the low-code security automation company, announced a $70 million growth funding round led by Activate Capital.

IBM snaps up data observability specialist Databand.ai (IT PRO) The acquisition will help IBM address the “full spectrum” of observability, as well as capitalise on predicted market growth

Cybersecurity Consulting Firm Cerberus Sentinel Acquires CyberViking (Channel Futures) The acquisition is intended to expand the cybersecurity consulting firm’s incident response and application security talent.

Netskope IPO: Latest Updates From the CEO (Investment U) Investors are awaiting information about the Netskope IPO after the CEO hinted at plans to go public in the near future.

Comodo Security Solutions rebrands, launches new offering (ChannelLife Australia) Comodo Security Solutions has rebranded to Xcitium and launched its patented zero threat endpoint technology to fight increasing ransomware and other malware across industries.

How much can you make with an online master’s in cybersecurity? (Fortune) Cybersecurity professionals who earn a master's degree can earn a base salary of $200,000 in certain roles.

CyCognito hires Anne Marie Zettlemoyer as CSO (Help Net Security) CyCognito announced the appointment of security veteran Anne Marie Zettlemoyer as Chief Security Officer (CSO).

Netskope focuses on network transformation with ‘elite’ advisory group (ComputerWeekly.com) Network technologies provider announces formation of Network Visionaries group featuring former AWS, Crowdstrike execs to offer cloud, hyperscale, security and networking expertise.

Products, Services, and Solutions

Purple Knight Introduces Azure AD Security Indicators | Semperis (Semperis) Purple Knight introduces Azure AD security indicators, supports MITRE D3FEND. Learn more in "Purple Knight Introduces Azure AD Security Indicators".

Mercury’s advanced encryptor receives certification from National Security Agency (GlobeNewswire News Room) Powerful, miniature data-at-rest encryptor weighing less than a pound can be easily integrated into existing avionics systems, safeguarding sensitive data...

Field Effect and RosettiStarr partner to deliver full-spectrum cyber security services to businesses and law firms worldwide (PR Newswire) Field Effect, a global cyber security company specializing in intelligence-grade protection for small and medium organizations, today announced...

Protecto and Snowflake help customers identify data protection issues (Help Net Security) Protecto brings artificial intelligence and privacy engineering to Snowflake so that joint customers can identify data protection issues.

Splashtop partners with Acronis to Excellerate security for service providers (Help Net Security) Splashtop and Acronis announced a partnership that integrates solutions for secure remote access and support with Acronis Cyber Protect Cloud.

Atera integrates with Malwarebytes to protect organizations against ransomware attacks (Help Net Security) Atera announced a new integration with Malwarebytes, a provider of real-time cyber protection, to combat malware.

Atera Launches New Integration with Malwarebytes (PR Newswire) Atera, a remote-first IT management company, today announced a new integration with Malwarebytes, a provider of real-time cyber protection....

Wiz offers CVE-like cloud vulnerability registry, but will it gain traction? (CSO Online) The cloud vulnerability database, dubbed cloudvulndb.org and based on a GitHub repository, is seen as a welcome development, but widespread industry support is needed for it to be successful, analysts say.

BeyondTrust to Offer Its Entire Line of Identity and Access Solutions in AWS Marketplace (Yahoo) Customers benefit from a simplified procurement process through AWS Marketplace with flexible payment terms, consolidated billing, enterprise discounts and moreProvides flexibility to optimize identity and access security procurement with BeyondTrust’s entire solution portfolio ATLANTA, July 07, 2022 (GLOBE NEWSWIRE) -- BeyondTrust, the worldwide leader in intelligent identity and access security, today announced the availability of all of BeyondTrust’s solutions for customer purchase in AWS Mar

Akamai Linode now offers Kali Linux instances (ZDNet) Kali Linux, the Linux of choice for hackers and security pros, is now available on the Linode cloud.

Technologies, Techniques, and Standards

Board Members Can No Longer Ignore Cybersecurity  (Crunchbase News) Cybersecurity is no longer optional for board members. Today’s boardroom is a perfect target for hackers.

Free decryptor released for AstraLocker, Yashma ransomware victims (BleepingComputer) New Zealand-based cybersecurity firm Emsisoft has released a free decryption tool to help AstraLocker and Yashma ransomware victims recover their files without paying a ransom.

Netskope's Beau Hutto calls single sign-on "a great challenge" for agencies (CyberScoop) Single sign-on and doing elegantly is a challenge for agencies as they move to a more modern and centralized identity management system.

Red Team vs. Blue Team: How They Impact Your Cybersecurity Career (Dice Insights) When determining their cybersecurity readiness, many organizations employ and deploy Red team and Blue team engineers that test security.

The agent of successful cyber security defense (Register) A two-pronged approach that combines agent and agentless tools may offer the best protection

What Do All of Those Cloud Cybersecurity Acronyms Mean? (Dark Reading) Acronyms serve as a gatekeeper — if you don't sling the lingo, you don't belong. So here's a quick guide to the letter salad of cloud cybersecurity.

'Win before firing a shot:' Top Marine explains why the service is focused on information warfare (Breaking Defense) Gen. David Berger says the past four months of war in Ukraine has been a "fantastic case study" in information warfare.

Maryland National Guard cyber operators hone their skills during exercise (175th Wing) During a recent election, bad actors accessed the public facing website that was tracking Presidential election results and changed the results the public was seeing in real-time, which skewed in

Design and Innovation

Apple slaps hard against ‘mercenary’ surveillance-as-a-service industry (Computerworld) The company is introducing Lockdown Mode to protect high-risk individuals against corrosive surveillance and attacks, and investing millions to Excellerate protection on its devices.

Spyware companies are finally getting their comeuppance. This new Apple product adds to their woes (Fortune) The iPhone developer’s “Lockdown Mode” provides another layer of protection from hacking tools sold by unscrupulous private firms.

Amid NSO lawsuit, Apple expands spyware protections (ComputerWeekly.com) Apple previews a new feature called Lockdown Mode to protect iPhone and iPad users from ‘mercenary spyware’.

Samsung working closely with Google, Microsoft to build measures to best prevent Pegasus-like cyberattacks | Exclusive (Financial Express) 'We do recognise that there are a large number of state-level cyberattacks that are being launched.'

Academia

Educational institutions findings annex - Cyber Security Breaches Survey 2022 (GOV.UK) This annex includes findings from the samples of UK educational institutions included in this year’s Cyber Security Breaches Survey. The results primarily cover:

Cedar Rapids Suspends Summer Programs Amid Cyber Investigation (GovTech) In the wake of a cybersecurity breach over the weekend, an Iowa school district is putting programs on hold while investigators try to ascertain whether the incident was a ransomware attack or a data breach.

Legislation, Policy, and Regulation

Chinese Premier stresses data security after breach affected 1bn residents (Business Standard) Rattled at the alleged data leak of nearly 1 billion residents, China premier Li Keqiang has stressed data security, calling on government bodies to 'defend information security', the media reported on Friday.

China's cyberspace regulator says data export review rules effective Sept. 1 (Reuters) China's cyberspace regulator on Thursday said that rules requiring data exports to undergo security reviews would be effective from Sept. 1, the first time it has given a start date for a new regulatory framework that will affect hundreds, if not thousands, of Chinese companies.

Tech platforms face UK ban on blocking news providers before appeal (the Guardian) Change to online safety bill will stop sites such as YouTube barring content instantly, following TalkRadio debacle

US Treasury Develops 'Framework' for International Crypto Regulation (CoinDesk) The document is the first publication from the department to stem from President Biden's executive order on digital assets.

Cybersecurity for Government Contractors (Bloomberg Government) Learn how the Biden administration cybersecurity CMMC requirements and other cybersecurity requirements for government contractors will change federal business.

Ethics Watchdog Bars US Government Employees From Writing Crypto Policy if Invested (CoinDesk) A new legal advisory from the Office of Government Ethics bars federal workers who own crypto from working on policies that could influence the value of their digital assets.

Election officials face security challenges before midterms (WPLG) Election officials have a long list of challenges as they prepare for the upcoming midterms.

Insider threats a growing concern for election security efforts (StateScoop) Recent breaches of election equipment represent insider threats "in ways we haven’t seen before," said CISA's top election-security official.

Lawmakers amplify calls for federal agencies to increase data privacy after Dobbs decision (Cybersecurity Dive) Seventy-two Democratic members of Congress want the FTC to use its full power to guard patients from data brokers collecting and selling data that could be used to prosecute pregnancy-related crimes.

Litigation, Investigation, and Law Enforcement

Five accused of trying to silence China critics in US (Register) Alleged campaign involved stalking via GPS and hidden cameras, fake interviews, confidential government data

Spanish judge okays probe into Israeli NSO group over Catalan phone tapping (Times of Israel) Catalan separatist party claims more than 60 phones belonging to independence supporters bugged using Pegasus phone hacking software during independence bid in 2017

Irish Facebook Decision Adds Pressure to Reach Transatlantic Data Deal (Wall Street Journal) European Union privacy regulators are reviewing an order that would to block Facebook from sending European user data to the U.S.

Abuse survivor awarded £30,000 in damages for Ecclesiastical data breach (Church Times) THE Ecclesiastical Insurance Office (EIO) has apologised to an abuse survivor, Gilo, for breaching h...

Brazilian authorities crack down on piracy in the metaverse (OODA Loop) This week, Brazil's Ministry of Justice and Public Security announced that it conducted its first search within the metaverse with the goal of tackling digital piracy and other related crimes involving the theft of intellectual

ANALYSIS: DOJ Alleges Bid-Rigging Twist in Merger Challenge (Bloomberg Law) A recent Justice Department lawsuit seeking to bar Booz Allen Hamilton Holding Corp.'s pending purchase of rival EverWatch Corp. raises an interesting question: Can a merger agreement be anticompetitive even if the merger isn’t?

Data Breach Victims Press for Settlement Approval in Class Action Over Accellion Cyberattack - Tech (Law Street Media) A lawsuit against Accellion Inc. over data breaches occurring in late 2020 and early 2021 is edging closer to resolution. On Tuesday, a reply brief filed

Aon faces lawsuits over cyberattack (Business Insurance) Two putative class action lawsuits have been filed against Aon PLC alleging the brokerage was hacked between December 2020 and February 2022 but failed to alert affected individuals for more than three months.

Arrested Russian hacker Pavel Sitnikov looks to start a new chapter (The Record by Recorded Future) In December 2020, The Record published an interview between Recorded Future’s Dmitry Smilyanets and Russian hacker Pavel Sitnikov about ransomware, cybercrime, and his self-proclaimed connection with the notorious hacking group APT28, or Fancy Bear.

Fri, 08 Jul 2022 05:11:00 -0500 text/html https://thecyberwire.com/newsletters/daily-briefing/11/130
Killexams : Here's Why Fortinet (FTNT) is a Strong Growth Stock

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.

Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores, which are indicators that rate stocks based on three widely-followed investing types: value, growth, and momentum.

Why This 1 Growth Stock Should Be On Your Watchlist

For growth investors, a company's financial strength, overall health, and future outlook take precedence, so they'll want to zero in on the Growth Style Score. This Score examines things like projected and historical earnings, sales, and cash flow to find stocks that will generate sustainable growth over time.

Fortinet (FTNT)

Headquartered in Sunnyvale, CA, Fortinet, Inc. is a provider of network security appliances and Unified Threat Management (UTM) network security solutions to enterprises, service providers and government entities worldwide.

FTNT sits at a Zacks Rank #2 (Buy), holds a Growth Style Score of A, and has a VGM Score of B. Earnings and sales are forecasted to increase 27.5% and 31.1% year-over-year, respectively.

Six analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0 to $1.02 per share for 2022. FTNT boasts an average earnings surprise of 10.7%.

Looking at cash flow, Fortinet is expected to report cash flow growth of 24.2% this year; FTNT has generated cash flow growth of 50.4% over the past three to five years.

Investors should take the time to consider FTNT for their portfolios due to its solid Zacks Rank rating, notable growth metrics, and impressive Growth and VGM Style Scores.


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Fortinet, Inc. (FTNT) : Free Stock Analysis Report
 
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Wed, 06 Jul 2022 02:50:00 -0500 en-CA text/html https://ca.finance.yahoo.com/news/heres-why-fortinet-ftnt-strong-134501371.html
Killexams : TS Implementation Engineer (L3)

Required Knowledge and Experience:
– Extensive work experience in an implementation engineering role (+8 years)
– Specialist Networking knowledge and experience essential
– Experience engaging with clients and conducting technical discussions and workshops
– Excellent administration and documentation experience

Academic Qualifications and Certifications and Implementation Experience:
– Computer Science / Information Technology Degree or equivalent together with specialized training.
– CCNP or CCIE Certification
– Experience deploying Cisco DNAC
– Experience deploying SD-WAN (Cisco, Meraki, Fortinet)
– Experience deploying Meraki
– Experience deploying AirOS and 9800 WLCs
– Experience deploying F5
– LAN Switching, Wireless, WAN protocols. IP Routing protocols (OSPF, EIGRP, BGP) and ACI

  • Tacacs, ISE, radius
  • Qos
  • IP SLA
  • SNMP
  • AAA
  • VTP
  • Access lists
  • Stacking
  • Aruba switches and WLC
  • AWS
  • Azure

Knowledge, Skills and Attributes:

  • Deep understanding and appreciation of technical design and business principles
  • Sound project skills which are demonstrated in the execution of installations and other assignments
  • Demonstrate customer engagement skills
  • Demonstrate relevant domain specialist knowledge and expertise
    TS Implementation Engineer (L3)
    No 6 The Boulevard, Westway O

Key Roles and Responsibilities:

  • Interact with clients on highly complex requirements of a solution.
  • Escalate unresolved problems and issues to the relevant third parties or specialists.
  • Assume responsibility for the co-ordination of the activities of the engineers, in line with performance targets, leading by example and monitoring the quality of engineer’s and technician’s work when required.
  • Write reports and complete and maintain project documentation.
  • Recommends improvements to standard operating procedures relating to installations
  • Act as coach and mentor to junior engineers.
  • Included in highly complex design work, with input to the design expected.
  • Expected to work independently and take ownership of relevant technologies according to domain or specialization.
  • Monitors the quality of work produced by junior engineers and makes recommendations for continuous improvement.

The primary responsibility of the L3 – TS Implementation Engineer is the installation, configuration and fault management in highly complex environments within a technology domain. This includes remotely supporting clients within service level agreements (SLAs) to install and configure software and hardware, resolve incidents, perform root cause analysis and adhere to any related processes such as change management.
Responsible for setup and installation of technical systems, applications, or process designs for client’s purchased or outsourced technology and business process solutions. Works directly with client to manage initial access, map and transfer data, create process documentation, and train or coordinate training for client users. Tests and troubleshoots functionality of installed systems; identifies and documents technical issues to be escalated to product and system integration teams for resolution. Provides feedback based on client experiences to product and professional services teams for product and process improvements. May work directly with clients on-site or provide installation support remotely

Desired Skills:

  • implementation
  • engineering
  • CCNP
  • CCIE
  • Cisco DNAC
  • SD-WAN
  • Cisco
  • Meraki
  • Fortinet
  • AirOS
  • 9800 WLCs
  • F5
  • LAN Switching
  • Wireless
  • WAN protocols
  • IP Routing protocols
  • OSPF
  • EIGRP
  • BGP
  • ACI
  • Tacacs
  • ISE
  • radius
  • Qos
  • IP SLA
  • SNMP
  • AAA
  • VTP
  • Access Lists
  • Stacking
  • Aruba switches
  • WLC
  • AWS
  • Azure

Learn more/Apply for this position

Thu, 14 Jul 2022 06:38:00 -0500 en-US text/html https://it-online.co.za/2022/07/14/ts-implementation-engineer-l3/
Killexams : Fortinet (FTNT) Outpaces Stock Market Gains: What You Should Know

Fortinet (FTNT) closed at $59.87 in the latest trading session, marking a +1.47% move from the prior day. The stock outpaced the S&P 500's daily gain of 0.36%. At the same time, the Dow added 0.23%, and the tech-heavy Nasdaq lost 0.1%.

Coming into today, shares of the network security company had lost 3.4% in the past month. In that same time, the Computer and Technology sector lost 6.98%, while the S&P 500 lost 6.59%.

Fortinet will be looking to display strength as it nears its next earnings release, which is expected to be August 3, 2022. In that report, analysts expect Fortinet to post earnings of $0.22 per share. This would mark year-over-year growth of 15.79%. Meanwhile, our latest consensus estimate is calling for revenue of $1.03 billion, up 28.08% from the prior-year quarter.

Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $1.02 per share and revenue of $4.38 billion. These totals would mark changes of +27.5% and +31.06%, respectively, from last year.

It is also important to note the recent changes to analyst estimates for Fortinet. recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.47% higher. Fortinet is currently a Zacks Rank #2 (Buy).

Looking at its valuation, Fortinet is holding a Forward P/E ratio of 57.95. For comparison, its industry has an average Forward P/E of 57.95, which means Fortinet is trading at a no noticeable deviation to the group.

Investors should also note that FTNT has a PEG ratio of 3.22 right now. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Security stocks are, on average, holding a PEG ratio of 2.78 based on yesterday's closing prices.

The Security industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 69, putting it in the top 28% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

To follow FTNT in the coming trading sessions, be sure to utilize Zacks.com.


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Fortinet, Inc. (FTNT) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.

Wed, 06 Jul 2022 12:33:00 -0500 en-CA text/html https://ca.finance.yahoo.com/news/fortinet-ftnt-outpaces-stock-market-220010602.html
Killexams : Presidio: BC Partners Sale Report ‘Just Another Market Rumor’

Managed services News

Mark Haranas

Channel partner superstar Presidio comments on recent news reports that BC Partners is looking to sell the $3.1 billion solution provider.

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Presidio says the news report today stating that BC Partners is exploring the sale of the $3.1 billion solution provider powerhouse is simply a “market rumor.”

“This is just another market rumor,” said Presidio in an email to CRN. “We’re focused on what matters—providing impactful outcomes for our customers, our team and our business. Beyond that, we don’t comment on rumors.”

Reuters on Monday said Presidio’s private equity owner, BC Partners, is looking to sell Presidio for approximately $4 billion. The news outlet said Presidio is currently working with an investment bank for the sale process.

Founded in 2003, New York-based Presidio is an IT services giant with more than 3,300 employees nationwide and a top national partner for the likes of Dell Technologies and Cisco.

Presidio’s Surging Growth

Presidio has been growing its market footprint and go-to-market capabilities over the past several years since being acquired by BC partners in 2019.

In fact, just last month, Presidio acquired system integrator ROVE to boost its geographical presence in the Southeast region of the U.S.

Presidio also recently formed a new strategic collaboration agreement with public cloud titan Amazon Web Services, marking the biggest collaboration partnership in the company’s history. The company’s annual cloud sales are upwards of $600 million, backed by a team of 500 cloud professionals.

Additionally, Presidio achieved Dell Technologies’ most prestigious partner status ealier this year, becoming a Dell Titanium Black Partner.

Presidio ranks No. 24 on CRN’s 2022 Solution Provider 500 list.

Presidio’s Ownership History

BC Partners is just the latest private equity owner of Presidio over the past 20 years.

In 2011, American Securities acquired the IT solution provider for an undisclosed amount.

Around three years later, American Securities sold Presidio to Apollo Global Management for approximately $1.3 billion.

Apollo made Presidio a public company in 2017.

In 2019, BC Partners purchased Presidio in a $2.1 billion deal and took the company private again.

London-based BC Partners says it has $40 billion in assets under management.

Presidio CEO Weighs In On Private Equity Firms

Last year, Presidio CEO Bob Cagnazzi spoke to CRN about the importance of being backed by private equity firms, which help add scale to a channel partner.

“You need to have the capital base to invest in the capex portion of customer solutions that you’re building. So scale becomes more important today. Private equity is interested in our industry because they realize that, ‘OK, scale now is going to be truly important,’” said Cagnazzi.

He said channel partners today need the financial resources to scale across the technology spectrum while also adding talent and resources, which is where private equity firms come into play. “You also need to have the customer base that’s large enough that you can leverage all those resources rather than have them sitting on the bench,” he said. “You’ve got to be able to keep them busy.”

Presidio has acquired several smaller channel partners over the years as part of BC Partners, including cloud consulting specialist Coda Global in 2020 to boost its cloud business, as well as Ireland-based Arkphire last year to significantly increase its global footprint.

Mark Haranas

Mark Haranas is an assistant news editor and longtime journalist now covering cloud, multicloud, software, SaaS and channel partners at CRN. He speaks with world-renown CEOs and IT experts as well as covering breaking news and live events while also managing several CRN reporters. He can be reached at mharanas@thechannelcompany.com.

Mon, 11 Jul 2022 18:19:00 -0500 en text/html https://www.crn.com/news/managed-services/presidio-bc-partners-sale-report-just-another-market-rumor-
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