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Check Point Software Technologies Ltd. (CHKP) is a global leader in cybersecurity solutions protecting enterprises from evolving digital threats. This news hub provides investors and professionals with timely updates on corporate developments shaping the network security landscape.
Access official press releases, earnings reports, and analysis of product innovations like AI-powered threat prevention platforms. Our curated collection covers strategic partnerships, research breakthroughs in cloud security, and governance updates essential for informed decision-making.
Key focus areas include enterprise network protection, zero-day vulnerability responses, and compliance developments in data security regulations. Bookmark this page to monitor how CHKP's unified security management approach addresses emerging challenges in IoT protection and hybrid workforce environments.
For comprehensive tracking of cybersecurity market dynamics through the lens of a NASDAQ-listed industry pioneer, revisit regularly for verified updates from authorized corporate channels and financial analysts.
Check Point Research has released its latest Global Threat Index, indicating a shift in malware dynamics. The Dridex trojan has fallen off the list, while Trickbot now ranks as the most prevalent malware, impacting 8% of organizations globally. The report highlights a significant increase in cyberattacks, with a year-on-year rise of 70% in the Americas, 97%% in EMEA, and 168%% in APAC compared to May 2020. Organizations are urged to strengthen their cybersecurity measures amid these growing threats.
Check Point Research has reported that the Dridex trojan remains the most prevalent malware for the second consecutive month, stemming from a QuickBooks Malspam Campaign. This malware is often an initial stage in ransomware attacks, which have surged by 107% compared to last year. Additionally, AgentTesla ranks second, impacting 12% of organizations. Vulnerabilities such as Web Server Exposed Git Repository affect 46% of global organizations. The report highlights the need for enhanced cybersecurity measures as ransomware attacks occur every 10 seconds globally.
Check Point Software Technologies has launched the Check Point Cloud Academy to address the growing demand for cloud security education globally. In partnership with Platinum Elite ATC partners—Arrow Electronics, Red Education, and Westcon Security—the program includes the Check Point Certified Cloud Specialist Program (CCCS), targeting IT professionals and partners. With 75% of enterprises concerned about cloud security, this initiative aims to close the skills gap, enhance job readiness, and support digital transformations propelled by the pandemic.
Check Point Software Technologies (NASDAQ: CHKP) announced new initiatives to enhance its Partner Growth Program, aimed at boosting partner profitability and customer engagement. Key features include a 25% margin for new customer registrations and a 15% discount on sales of new technologies like CloudGuard and Harmony. A new Professional Services Certification Program will empower partners to deliver specialized services. Additionally, the program offers pre-packaged lead generation campaigns and an enhanced 'White Space' program to identify sales opportunities.
Check Point Software Technologies Ltd. (NASDAQ: CHKP) reported financial results for Q1 2021, with total revenues of $508 million, marking a 4% year-over-year increase. The company achieved GAAP EPS of $1.33, an 8% increase from last year, and non-GAAP EPS of $1.54, a 9% increase. Deferred revenues rose to $1.458 billion, up 8% year-over-year. Check Point emphasized the success of its CloudGuard technologies amid heightened cyber threats. Additionally, the company repurchased 2.7 million shares for $325 million.
Check Point Software Technologies (NASDAQ: CHKP) announced that its endpoint security solution, Harmony Endpoint, achieved a 100% detection rate in the recent MITRE ATT&CK Endpoint Protection Product Evaluation. Furthermore, it attained the highest technique detection level for 96% of unique techniques tested. This evaluation showcases Harmony Endpoint's comprehensive threat detection capabilities against sophisticated threats from groups like Carbanak and FIN7, which have caused over $1 billion in theft. The results affirm the solution's effectiveness in enhancing cybersecurity for businesses globally.
Check Point Research released its Q1 2021 Brand Phishing Report, revealing trends in phishing targeting major brands. In this quarter, Microsoft was the most imitated brand at 39%, followed by DHL at 18%. Notably, the banking sector rose, with Wells Fargo and Chase making the top ten due to increased digital payment reliance. The report illustrates evolving phishing tactics aimed at exploiting online behavior during the pandemic. Check Point emphasizes the importance of user caution against phishing attempts.
Check Point Software Technologies (NASDAQ: CHKP) released its 2021 Mobile Security Report, highlighting increased mobile threats faced by enterprises. Key findings include:
- 97% of organizations encountered mobile threats from multiple attack vectors in 2020.
- 46% had employees download a malicious mobile application.
- 40% of mobile devices globally are vulnerable due to chipset flaws.
- Mobile malware incidents, including banking trojans, increased by 15%.
The report urges organizations to prioritize mobile security as remote work expands.
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