Welcome to our dedicated page for Check Point Software Tech news (Ticker: CHKP), a resource for investors and traders seeking the latest updates and insights on Check Point Software Tech stock.
Check Point Software Technologies Ltd. (NASDAQ: CHKP) is a cyber security company based in Tel Aviv, Israel, known for its AI-powered Infinity Platform and prevention-first approach. The CHKP news feed on Stock Titan aggregates company announcements, industry recognitions and product updates that shed light on how Check Point is evolving its security portfolio.
Recent news highlights include scheduled earnings announcements, where Check Point reports financial results and discusses demand trends across areas such as hybrid mesh network security, workspace protection and external risk management. Investors and analysts can follow these updates to understand how product and subscription revenues are developing and how management views the company’s strategic roadmap.
Product and technology news is another key theme. Check Point has announced releases like Quantum Firewall Software R82.10, which introduces new capabilities for securing AI-driven enterprises, enforcing Zero Trust and unifying protection across hybrid networks. The company also publishes news about AI-focused offerings such as AI Cloud Protect, collaborations with partners like NVIDIA and Microsoft, and the integration of Lakera’s AI-native security technology.
In addition, the CHKP news stream features recognition from third‑party evaluators and analysts, including leadership positions in Gartner Magic Quadrant reports for email security and hybrid mesh firewalls, as well as results from enterprise firewall tests. These items provide context on how Check Point’s solutions perform in independent assessments. For anyone tracking cyber security trends, AI security developments or Check Point’s corporate actions, the CHKP news page offers a centralized view of the company’s latest disclosures and announcements.
Check Point Research has published its Global Threat Index for March 2022, revealing that Emotet remains the most prevalent malware, affecting 10% of organizations worldwide. Its impact has doubled since February, attributed to aggressive email phishing campaigns. Additionally, Agent Tesla has climbed to second place in malware prevalence.
Check Point Software (CHKP) is supporting the Rakia Israeli space mission by hosting communication services at its Tel Aviv headquarters. The mission, which involves astronaut Eytan Stibbe, will see him conduct 35 experiments aboard the International Space Station over 8 to 10 days. Check Point has established a Rakia Mission Center that includes a control room to oversee these experiments and facilitate real-time communication. This initiative aims to advance research and innovation while enhancing the understanding of cyber security challenges in space.
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Check Point Software Technologies Ltd. (NASDAQ: CHKP) will release its first-quarter financial results on April 27, 2022, before U.S. markets open. Management will conduct a video conference call for investors at 8:30 AM EST, with a live webcast available on the company’s website. The company specializes in providing cybersecurity solutions globally, protecting over 100,000 organizations from advanced cyber threats through its Check Point Infinity portfolio, which includes Check Point Harmony, CloudGuard, and Quantum.
Check Point's Harmony Endpoint has been recognized as a leader in the MITRE Engenuity ATT&CK® Evaluations for the second consecutive year.
Demonstrating 100% detection of all attack steps, Harmony Endpoint also achieved a 98% detection rate for the APT Wizard Spider. This evaluation showcased its ability to automatically block and recover from cybersecurity threats, including ransomware, with zero delays in alerting.
Overall, the results emphasize Check Point's commitment to providing advanced cybersecurity solutions amidst increasing cyber threats.
Check Point Research has reported that Emotet remains the most prevalent malware, affecting 5% of organizations globally, while Trickbot has dropped to sixth place after lacking recent campaigns. The report highlights the exploitation of the Russia/Ukraine conflict by cybercriminals using Emotet to distribute malicious emails. The Education/Research sector continues to be the most targeted industry, followed by Government/Military and ISP/MSP. The most exploited vulnerability is the Web Server Exposed Git Repository Information Disclosure, impacting 46% of organizations.
Check Point Software Technologies announces the appointment of Rupal Hollenbeck as the leader of a newly unified global go-to-market organization, effective March 7, 2022. Hollenbeck has extensive experience in the tech industry, including roles at Oracle and Intel. This transition comes as Dan Yerushalmi concludes his term as Chief Customer Officer to focus on personal interests. CEO Gil Shwed emphasizes the importance of strong leadership amid increasing cybersecurity needs, citing recent strong quarterly results and ongoing initiatives.
Check Point Software Technologies has unveiled its 2022 Cloud Security Report, highlighting that misconfiguration continues to be the primary cause of cloud-security incidents.
Survey results show 27% of organizations report incidents linked to misconfiguration, with only 16% having comprehensive DevSecOps in place. Additionally, 54% favor independent security vendors over cloud providers, citing complexities of managing multiple security platforms.
As cloud adoption accelerates, 75% of organizations advocate for a unified security platform.
Check Point Research reported on February 8, 2022, that the malware Emotet has become the most prevalent threat, impacting 6% of organizations globally, while InfoStealer Lokibot has returned to prominence. Apache Log4j remains the most exploited vulnerability, affecting 47.4% of organizations. The educational sector continues to be the most targeted industry. The report highlights the importance of comprehensive cybersecurity measures as the threat landscape evolves.
Check Point Software Technologies (NASDAQ: CHKP) reported its Q4 and full year 2021 financial results, showing strong growth across key metrics. Q4 revenues reached $599 million, up 6% YoY, while full year revenues totaled $2,167 million, reflecting a 5% increase. Subscription revenues grew 14% to $204 million for Q4 and 13% to $755 million for the year. GAAP EPS for Q4 was $1.98, up 2%, and $6.08 for the year, also a 2% increase. Deferred revenues increased by 15% to $1,707 million. The company repurchased approximately 2.8 million shares during Q4.