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) 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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