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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 Software Technologies (NASDAQ: CHKP) has unveiled new AI-powered capabilities for its Infinity Platform to enhance cybersecurity operations. The announcement comes as cyber-attacks increased 44% year-over-year, highlighting the need for improved security solutions.
The company introduced six new AI-powered innovations focused on three key areas: Unified Identity & Policy, Collaborative Threat Prevention, and Operational Simplicity. Key features include Quantum Policy Insights for improved security posture, Infinity Playblocks for security automation, and Infinity AI Copilot for enhanced security administration.
These innovations aim to address the challenges of siloed security approaches, where organizations typically manage multiple systems across networks, endpoints, email, and cloud environments. The new capabilities are designed to reduce complexity, strengthen threat prevention, and accelerate zero trust implementation across the platform.
Check Point Software (NASDAQ: CHKP) has released its Q4 and full-year 2024 financial results, showing strong growth across key metrics. Q4 calculated billings increased 11% to $959 million, with total revenues up 6% to $704 million. The company's Remaining Performance Obligation reached $2.5 billion, marking a 12% year-over-year increase.
For full-year 2024, calculated billings grew 9% to $2,658 million, while total revenues increased 6% to $2,565 million. Security Subscriptions Revenues showed particularly strong growth, up 13% to $1,104 million. The company maintained strong profitability with Non-GAAP EPS increasing 9% to $9.16.
The company announced leadership changes, with founder Gil Shwed transitioning to Executive Chairman and Nadav Zafrir assuming the CEO role. Additionally, Itai Greenberg was appointed as Chief Revenue Officer, and Roi Karo joined as Chief Strategy Officer. The company continued its share repurchase program, buying back approximately 7.7 million shares for $1,300 million in 2024.
Check Point Software (NASDAQ: CHKP) released its 2025 Security Report, revealing a 44% increase in global cyber-attacks year-over-year. The report, based on data from 170 countries, highlights significant cybersecurity trends including the rising use of generative AI in attacks and a 58% surge in Infostealer attacks.
Key findings include: AI-powered disinformation campaigns affecting one-third of global elections, ransomware tactics shifting to data exfiltration, and healthcare seeing a 47% increase in attacks. Education remained the most targeted sector with a 75% year-over-year increase in attacks. The report noted that 96% of exploits used vulnerabilities from previous years, while over 70% of infected devices were personal ones used in BYOD environments.
Check Point Software Technologies (NASDAQ: CHKP) has announced it will release its fourth quarter and full year 2024 financial results on Thursday, January 30, 2025, before U.S. markets open. The company will host a video conference call with investors at 8:30 AM EST/5:30 AM PST on the same day. A live video webcast will be available on the company's investor relations website.
Check Point Software Technologies (NASDAQ: CHKP) has been named a Leader in the 2024 Gartner Magic Quadrant for Email Security Platforms. The company's Harmony Email Collaboration solution has exceeded $100M in ARR, providing protection against advanced threats and integrating with the Check Point Infinity Platform.
According to Check Point's 2024 Security Report, email remains the primary entry point for infections, accounting for 88% of all harmful file distributions. The company reported a 75% increase in worldwide cyber-attacks in Q3 2024.
The solution offers innovative API-based email security, advanced threat detection, and sophisticated DLP & DMARC capabilities. As part of the Check Point Infinity Platform, it provides comprehensive security across data centers, networks, cloud services, branch offices, and remote users through a unified interface.
Check Point Software Technologies (NASDAQ: CHKP) announced a significant leadership transition, with founder Gil Shwed moving to the role of Executive Chairman of the Board of Directors and Nadav Zafrir appointed as the new Chief Executive Officer, effective December 16th, 2024.
Zafrir joins Check Point from Team8, a venture group focused on cybersecurity, where he served as co-founder and managing partner. His background includes establishing the IDF's Cyber Command and commanding Unit 8200, retiring as a Brigadier General. He also serves as a board member of SolarEdge Technologies and has board experience with 14 private cybersecurity companies.
Check Point Software Technologies (NASDAQ: CHKP) announced its Infinity XDR/XPR achieved a 100% detection rate in the 2024 MITRE ATT&CK® Evaluations. The solution detected all 57 applicable attack steps, with 56 detections at the technique level, demonstrating superior capabilities in threat detection and prevention.
The evaluation tested detection capabilities against complex ransomware attack sequences, specifically emulating tactics used by CL0P and Lockbit groups. Key achievements include 98% technique-level detection accuracy and perfect coverage across all testable attack scenarios, showcasing the solution's effectiveness against ransomware, data breaches, and endpoint threats.
Check Point Software (NASDAQ: CHKP) has been named a Leader and Fast Mover in GigaOm's latest Radar Report for Cloud-Native Application Protection Platforms (CNAPPs). The company's CloudGuard solution received top scores (5/5) in multiple features, standing out among 17 leading CNAPP solutions. The platform excels in advanced threat prevention, offering AI-generated remediation suggestions and real-time API security. According to Check Point's 2024 Cloud Security Report, 96% of respondents expressed concerns about managing emerging cloud risks. CloudGuard provides comprehensive protection across multi-cloud environments, featuring scalable security, seamless code security, and integration with DevOps processes.
Check Point Software Technologies has announced its new Quantum Firewall Software R82, featuring advanced AI-powered security innovations. The software introduces four new AI engines designed to block 99.8% of zero-day threats, protecting against sophisticated phishing and malware campaigns. Key improvements include 3X faster provisioning of virtual systems, enhanced operational simplicity, and implementation of post-quantum cryptography. The release comes in response to a 75% increase in global cyber-attacks and delivers over 50 new capabilities focused on threat prevention, datacenter operations, and network scalability.
SolarEdge Technologies announced significant changes to its Board of Directors. Avery More has been elected as Chairman of the Board, replacing Nadav Zafrir, who will remain as a board member. Additionally, Guy Gecht has been appointed as a new board member, replacing Tal Payne who stepped down after serving since the company's IPO in March 2015. Gecht, who will serve on both the Audit and Technology committees, brings extensive experience from his roles as former CEO of Electronics for Imaging and board positions at Logitech and Check Point Software Technologies.
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