Check Point Software Tech Ltd Stock Price, News & Analysis

Check Point Research highlights a resurgence of the Emotet trojan, impacting over 100,000 users daily and affecting 7% of organizations globally. This malware has evolved from banking theft to a leading distributor of malicious software. Following a decline in November, Emotet regained its status as the top malware, coinciding with holiday spam campaigns. The Department of Homeland Security estimates each Emotet incident could cost organizations upwards of $1 million. Organizations are urged to reinforce their cybersecurity protocols.

Check Point Software Technologies Ltd. (NASDAQ: CHKP) will disclose its financial results for the fourth quarter and full year ending December 31, 2020, on February 3, 2021, before U.S. markets open. A video conference call with management will occur at 8:30 AM EST to discuss the results. Stakeholders can access a live webcast of the call on the company's website. Check Point is recognized for its robust cybersecurity solutions, protecting over 100,000 organizations globally against cyber threats with an industry-leading catch rate.

Check Point Software Technologies Ltd. (NASDAQ: CHKP) has announced the appointment of Ms. Rupal Hollenbeck to its Board of Directors, effective January 1, 2021. Hollenbeck, previously the Chief Marketing Officer at Oracle and a veteran of Intel, brings extensive experience in global tech. Her appointment follows the retirement of Irwin Federman, who contributed to the company's growth over 25 years. Check Point's leadership highlights confidence in Hollenbeck's ability to enhance the company's mission in cybersecurity during a time of rapid digital transformation.

Check Point has been selected by NHS National Services Scotland to enhance the security and management of sensitive health data in the public cloud. This collaboration aims to protect critical public services, such as the Covid-19 'Test & Protect' initiatives. The NHS Scotland has been transitioning to Microsoft Azure for 18 months, emphasizing the need for scalable security solutions. CloudGuard and Check Point Maestro have been implemented to ensure comprehensive threat prevention and visibility, allowing for efficient management of vaccination systems and compliance with GDPR.

Check Point Software Technologies (NASDAQ: CHKP) has partnered with ISACA, becoming an accredited trainer to enhance cyber-security training for Chief Information Security Officers (CISOs). This collaboration aims to equip professionals with essential skills through ISACA’s courses accessed via Check Point’s training portal. The partnership underscores Check Point's commitment to cyber-security education, previously demonstrated by their SecureAcademy program, which is now adopted by over 100 academic institutions worldwide.

Check Point Research has released its latest report highlighting a significant uptick in cyber attacks utilizing the Phorpiex Botnet, primarily distributing the Avaddon ransomware.

In November 2020, Phorpiex impacted 4% of organizations globally, marking it as the month’s most prevalent malware. The report also identifies the HTTP Headers Remote Code Execution (CVE-2020-13756) as the most commonly exploited vulnerability, affecting 54% of firms worldwide. Companies are urged to enhance protection measures and employee awareness to combat these threats.

Check Point Software Technologies Ltd. (NASDAQ: CHKP) has announced its partnership with (ISC)², allowing global cyber-security practitioners, especially CISOs, to access professional certification training and exam preparation courses. This collaboration enhances options for CISOs to develop their skills amidst digital transformation challenges. The initiative addresses the cybersecurity skills shortage and supports Check Point’s commitment to education, with over 100 universities involved in its SecureAcademy program.

Check Point Software Technologies (CHKP) has been recognized as a Leader in the Gartner Magic Quadrant for Enterprise Network Firewalls for the 21st time. This recognition highlights the company’s commitment to integrating cloud and on-premise security, enhancing performance, and centralized security management. Infinity Architecture is noted for its advanced threat prevention capabilities, including Zero Day Protection, and comprehensive security solutions for various environments. The press release emphasizes Check Point's ability to secure all aspects of enterprise networks amidst evolving cyber threats.