Csp Inc Stock Price, News & Analysis

ARIA Cybersecurity Solutions, a CSPi business (NASDAQ:CSPI), has been selected by Worldwide Technology (WWT) to supply its AZT PROTECT™ solution to customers. This partnership gives ARIA access to WWT's large customer base, particularly in operational technology (OT) environments and critical infrastructure. The AZT PROTECT™ solution, launched in July 2023, is designed to stop sophisticated cyberattacks without relying on frequent updates or patching. ARIA's CEO, Gary Southwell, highlighted the increasing prevalence of attacks on critical infrastructure and the need for effective defense solutions. The partnership aims to address the growing cybersecurity challenges faced by critical infrastructure providers worldwide.

ARIA Cybersecurity Solutions, a CSPi business (NASDAQ:CSPI), has been selected to present at the Rockwell Automation Fair in Anaheim, California, from November 18th to 21st. The event will focus on industrial automation challenges, particularly the rise in cybersecurity attacks on critical infrastructure. ARIA will showcase its AZT PROTECT™ solution and present on measuring cybersecurity risks in industrial operations.

ARIA CEO Gary Southwell will discuss attack techniques, their financial impact, and how companies can comply with new insurance and regulatory requirements. Since 2021, ARIA has detected over 700 attacks similar to the Colonial Pipeline incident. The company is collaborating with Rockwell to bring new solutions to manufacturing environments, complementing existing defenses and addressing gaps in security.

ARIA Cybersecurity Solutions, a CSPi business (NASDAQ:CSPI), offers AZT PROTECT to prevent outages caused by flawed cloud-based updates, like the recent CrowdStrike-induced Windows outage on July 19, 2024. This lightweight agent can be deployed alongside existing protection systems to:

• Stop untested updates from automatically implementing on critical systems
• Catch sophisticated attacks missed by other vendors
• Allow time for proper testing of software updates
• Protect critical infrastructure without requiring frequent updates

AZT PROTECT uses a different approach that doesn't rely on constant updates, enabling companies to apply best practices in testing cybersecurity updates before deployment while maintaining protection against attacks.

ARIA Cybersecurity Solutions, a CSPi business (NASDAQ:CSPI), has announced a strategic partnership with Forescout Technologies to enhance the protection of production applications from sophisticated cyberattacks. The integration involves ARIA's AZT PROTECT zero trust solution and the Forescout Platform, providing unprecedented visibility and security for critical operational technology (OT) environments.

The AZT PROTECT solution focuses on stopping malware, ransomware, and nation-state-backed attacks, ensuring enhanced protection through detailed analytics and real-time neutralization of threats. This collaboration aims to offer comprehensive monitoring, control, and compliance reporting, reducing vulnerability exploits to near zero by utilizing a patented AI-driven technique.

The partnership promises to benefit Forescout's customers by delivering detailed application and device-level monitoring, automated attack halting, and enforced protection policies. ARIA CEO Gary Southwell highlighted the advantages of this integration, emphasizing its effectiveness against zero-day and supply chain attacks without the need for constant security patching.

ARIA Cybersecurity, a business unit of CSPi (NASDAQ:CSPI), announced that its AZT PROTECT application has won its ninth major industry award within nine months of its launch. The latest recognition comes from the 2024 Fortress Cybersecurity Awards in the 'Application Security' category. AZT PROTECT is designed to protect operational technology (OT) environments from sophisticated cyberattacks, including nation-state and supply-chain threats, without relying on constant cloud updates and patching. It has been deployed in various sectors, such as manufacturing, healthcare, government, and financial services. The solution has gained previous accolades from the Cybersecurity Excellence Awards, Global InfoSec Awards, and Globee Awards for Cybersecurity.

ARIA Cybersecurity Solutions announced a partnership with Ebryx, recognizing Ebryx as a premier Managed Security Service Provider (MSSP).

Ebryx will deploy ARIA's AZT PROTECT™ as a managed service, targeting high-value critical infrastructure customers in North America, EMEA, and APAC regions.

The collaboration follows an extensive in-house red-team evaluation by Ebryx, confirming the effectiveness of AZT PROTECT™.

ARIA's Vice President, Gary Southwell, expressed enthusiasm about the partnership, highlighting its potential to enhance cybersecurity solutions in key markets.

Ebryx's CEO, Ahrar Naqvi, emphasized the significant role of AZT PROTECT™ in augmenting their Zero Trust solutions, aiding organizations in countering cyber threats efficiently.

ARIA Cybersecurity Solutions, a CSPi business (NASDAQ:CSPI), has received eight prestigious awards for its operational technology (OT) cybersecurity solution, AZT PROTECT™. The solution was named the best OT security solution at the 9th Annual Cybersecurity Excellence Awards 2024, among other accolades. AZT PROTECT uses real-time monitoring and threat mitigation to protect critical infrastructure from sophisticated cyberattacks. It has been recognized for its innovative AI-driven techniques and has proven effective in major manufacturing environments. The product is designed for sectors including manufacturing, healthcare, and financial services.

ARIA Cybersecurity Solutions, a CSPi business (NASDAQ: CSPI), has won the prestigious Infosec 'Hot Company' Award at RSA 2024 for its AI-powered solution AZT PROTECT. The solution is deployed across various sectors, stopping sophisticated nation-state attacks. ARIA's unique approach ensures proactive protection, operation continuity during attacks, rapid deployment, and cost-effective micro-segmentation. The award recognizes ARIA's innovative cybersecurity solutions.

CSP Inc. (NASDAQ:CSPI) reported a net income of $1.6 million for the fiscal second quarter of 2024, with services revenue growing by 23% to $5.2 million, contributing to a gross margin expansion to 47%. The company also declared a quarterly dividend of $0.03 per share. Recent achievements include winning global awards for its cybersecurity products and expanding its market presence, with a focus on the AZT offering. The company's balance sheet remains strong, with cash and cash equivalents of $27.1 million, allowing for continued investment in growth initiatives.