Check Point Software Tech Ltd Stock Price, News & Analysis

Check Point Software Technologies (CHKP) has partnered with edX to offer free cybersecurity courses aimed at professionals and students. This initiative addresses the global cybersecurity skills gap, which currently exceeds four million. The courses, including the Check Point Jump Start series, are designed to enhance knowledge in network security, cloud security, and threat management. By providing accessible training, Check Point aims to attract new talent into the cybersecurity sector and support existing professionals in upskilling.

Check Point Research has identified significant security vulnerabilities in certain Amazon/Alexa subdomains that could allow hackers to access personal information and control user accounts. The vulnerabilities enable attackers to install and remove skills, extract voice histories, and gain access to sensitive data with just one click on a malicious link. Over 200 million Alexa devices are in use globally, making them substantial targets for cyber threats. Amazon responded swiftly to close these vulnerabilities, underscoring the importance of securing smart devices in maintaining user privacy.

Check Point Software Technologies (NASDAQ: CHKP) has announced the launch of its Distribution Marketplace Program, partnering with Arrow Electronics and Ingram Micro to enhance its cloud security solutions. This program aims to provide partners with marketing support, financing options, and flexible consumption models. The initiative reflects a growing trend where customers prefer cloud marketplaces for security solutions. Initial offerings include Check Point's cloud security solutions on ArrowSphere in 14 European countries and the Ingram Micro Cloud Marketplace in the U.S., Canada, and Netherlands.

Claroty has announced a strategic partnership with Check Point Software Technologies (NASDAQ: CHKP) to enhance cybersecurity for operational technology (OT) and industrial control systems (ICS). This collaboration aims to provide real-time protection against cyber threats, integrating Claroty's Continuous Threat Detection with Check Point's IoT Protect solution. Both companies are set to host a webinar on August 13, focusing on cybersecurity for industrial networks. Claroty has secured $100 million in funding and operates globally, highlighting its position in the cybersecurity landscape.

Check Point Software Technologies (NASDAQ: CHKP) released the 2020 Cloud Security Report, revealing significant concerns in public cloud security. Key findings show that 75% of security professionals are worried about cloud security, with misconfiguration (68%) being the top threat. Additionally, 82% reported that traditional security solutions offer limited support for cloud environments. A majority of organizations (59%) expect to increase their cloud security budget in the coming year. The report highlights the urgent need for improved security measures as cloud deployments outpace protective capabilities.

Check Point Research has released its Global Threat Index for July 2020, revealing that Emotet has returned to the top spot, impacting 5% of organizations globally after a five-month dormancy. Emotet’s resurgence involves spreading malspam campaigns that infect victims with TrickBot and Qbot. Additionally, the report highlighted the most common exploited vulnerabilities, with MVPower DVR Remote Code Execution affecting 44% of organizations, followed by OpenSSL vulnerabilities impacting 42%. The report emphasizes the importance of cyber education and deploying anti-malware solutions to mitigate risks.

Check Point Software Technologies (NASDAQ: CHKP) has announced an extension of its partnership with New York University (NYU) to strengthen cyber security education. Starting this fall, NYU Tandon School of Engineering students will benefit from Check Point's eLearning program, which provides insights into the Check Point Infinity Architecture and various cyber security domains such as cloud, network, endpoint, and mobile security. The initiative aims to address the growing talent gap in the cybersecurity industry by offering students real-world skills and globally recognized credentials.

Check Point Software Technologies Ltd. (NASDAQ: CHKP) announced that shareholders approved all five proposals presented at its 2020 Annual General Meeting. Approximately 106.3 million shares, representing about 76% of the outstanding shares, were voted. The company expressed gratitude to shareholders for their continued support and confidence. For detailed information on the agenda items, refer to the company's proxy statement for the annual general meeting.