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. provides cybersecurity software and services for enterprises, businesses, consumers and government customers. News about CHKP commonly covers results for its security subscription, product and license businesses; demand indicators such as calculated billings and remaining performance obligations; and capital actions, including ordinary-share repurchase authorizations.
Company updates also focus on the Infinity Platform and related product families, including Harmony for workspace security, CloudGuard for cloud security, Quantum for network security, Infinity Core Services, Check Point WAF and the AI Defense Plane. Recurring themes include AI-powered threat prevention, web application and API protection, SASE, email security, exposure management, government security authorizations and integrations with cloud platforms.
Check Point Software Technologies Ltd. (NASDAQ: CHKP) has launched the 1570R rugged security gateway, enhancing cybersecurity for critical infrastructure and industrial control systems. This gateway offers 400 Mbps of threat prevention performance and supports over 1,500 SCADA and ICS protocols. The 1570R is designed for extreme environments, certified for temperatures from -40C to +75C, and ensures protection against a surge of targeted attacks that increased 20 times during 2019. The launch is timely, addressing rising cyber threats amid the Covid-19 pandemic.
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Check Point (NASDAQ: CHKP) released findings from a survey by Dimensional Research indicating that the use of multiple security vendors complicates enterprise security. Key results reveal that 92% of security leaders find protecting IT assets challenging, and nearly half of organizations manage between 7 to 40 security solutions. A striking 79% of professionals report difficulties with vendor management. The survey underscores the need for a consolidated cybersecurity approach to enhance security assurance, especially in light of the evolving threat landscape exacerbated by COVID-19.
Check Point Software Technologies (CHKP) has launched CloudGuard, a fully automated cloud security platform designed to protect cloud deployments and workloads. The platform addresses security challenges heightened by the rapid migration to the cloud, especially during the Covid-19 pandemic. CloudGuard simplifies and unifies security across multiple cloud environments, providing advanced threat prevention, cloud security posture management, and automated security for various workloads. Updates to CloudGuard with these capabilities are available now.
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Check Point Software Technologies Ltd. (NASDAQ: CHKP) announced leadership changes following the upcoming Annual General Meeting. Jerry Ungerman will become Chairman of the Board, succeeding Marius Nacht, who has served since 2015 and opted not to seek reelection. Guy Gecht will be appointed Lead Independent Director. Ungerman, who has a long history with Check Point, served as Vice Chairman since 2005. Nacht expressed pride in the company's contributions and confidence in its future during his tenure.
Check Point Software Technologies (NASDAQ: CHKP) announced its Global Threat Index for April 2020, revealing significant cyber threats related to COVID-19. The Agent Tesla remote access trojan surged to third place, impacting 3% of organizations globally. Notably, Dridex topped the index, affecting 4% of entities. The most exploited vulnerabilities included MVPower DVR Remote Code Execution, affecting 46% of organizations. Check Point emphasizes the necessity for businesses to educate employees about cyber threats, especially with the surge in remote work.
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