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 Software Technologies (NASDAQ: CHKP) reports a significant rise in cyberattacks globally, with a 40% increase in weekly attacks in 2021 compared to 2020. The average weekly attacks peaked in September 2021 at over 870 per organization. Africa remains the most targeted, averaging 1,615 attacks weekly. The Education sector experiences the highest attacks, averaging 1,468 weekly. Additionally, 1 in 61 organizations worldwide is impacted by ransomware each week, a 9% increase from 2020.
Check Point Software Technologies Ltd. (NASDAQ: CHKP) announced it will release its third quarter financial results on October 28, 2021, before U.S. market opening. Management will host a video conference call at 8:30 AM EDT to discuss the results. Investors can access the live webcast on the company's website. Check Point is a leading provider of cyber security solutions, protecting over 100,000 organizations globally.
The recent alliance between Alkira and Check Point Software Technologies (CHKP) aims to enhance cloud security solutions for enterprises. By integrating Check Point's CloudGuard firewalls into Alkira's Cloud Network infrastructure as-a-Service (CNaaS), organizations can now implement consistent security controls across cloud and on-premises networks. This collaboration addresses the complexities faced by enterprises in managing security policies in multi-cloud environments. Alkira provides a robust network service while Check Point offers advanced threat prevention capabilities, promising improved efficiency and performance for clients.
Check Point Software Technologies advises that the news release titled "August 2020’s Most Wanted Malware: Evolved Qbot Trojan Ranks On Top Malware List For First Time" issued on September 10, 2021, should be disregarded. This announcement clarifies that the previous report contained content that is no longer relevant or accurate, emphasizing the importance of accurate information in cybersecurity reporting.
Check Point Research (CPR) has released its August 2021 Global Threat Index, highlighting Formbook as the most prevalent malware, impacting 4.5% of organizations globally. This marks a shift as Trickbot drops to the second position. The banking trojan Qbot has fallen out of the top 10 entirely. Newly identified Remcos enters at sixth place. Additionally, the report reveals that Web Server Exposed Git Repository Information Disclosure is the most commonly exploited vulnerability, affecting 45% of organizations worldwide.
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Check Point Software (NASDAQ: CHKP) announced the acquisition of Avanan, a leader in cloud email security. This integration aims to enhance the cybersecurity landscape, particularly in email and SaaS collaboration suites, addressing the growing threat of phishing attacks, which have increased sharply during the pandemic. Avanan's technology will be embedded into Check Point Infinity architecture, enabling organizations to modernize their email security systems. This acquisition is expected to bolster Check Point's position in the cybersecurity market by providing a comprehensive solution against sophisticated email threats.
Check Point Software Technologies (NASDAQ: CHKP) has partnered with Regione Marche, the local government of Marche, Italy, to enhance its cybersecurity infrastructure. The collaboration aims to consolidate multiple security solutions into a unified approach that simplifies management and secures sensitive data. Key solutions implemented include Check Point Quantum Security Gateways and R80.40 Security Management, which have improved threat prevention and operational efficiency. The transition was expedited by the COVID-19 pandemic, necessitating robust remote work security measures.
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Check Point Software Technologies (NASDAQ: CHKP) announced shareholder approval of all five proposals during its 2021 Annual General Meeting held on August 10, 2021. Approximately 75% of outstanding shares, totaling about 99.1 million, participated in the voting. This endorsement highlights the confidence shareholders have in the company and its operations.
For detailed information about the proposals, refer to the company's proxy statement available on their investor relations page.