Welcome to our dedicated page for Intrusion news (Ticker: INTZ), a resource for investors and traders seeking the latest updates and insights on Intrusion stock.
Intrusion Inc. reports cybersecurity product, customer, and financial developments tied to its cyberattack prevention business. The company centers its updates on Intrusion Shield, a network security platform that uses threat intelligence and IP reputation data to detect malicious traffic, provide analytical visibility, and block inbound and outbound connections.
Recurring company news includes quarterly results, Shield product extensions such as cloud-native, on-premise, gateway, and endpoint offerings, and deployments for government, emergency services, law enforcement, and critical-infrastructure use cases. Updates also cover channel and public-sector business development, the P.O.S.S.E. Program for sheriff departments, and the company’s broader portfolio of threat intelligence and network security tools.
INTRUSION Inc. (NASDAQ: INTZ) has commenced pre-orders for its new cybersecurity solution, INTRUSION Shield™. This innovative solution neutralizes cyber threats in real-time without human intervention. During beta testing, Shield successfully blocked over 400,000 threats in three days. It employs advanced AI and real-time monitoring, protecting companies from various cyber threats, including ransomware and data theft. The solution is recognized with the 2020 Innovative Product Award from ASIS International. Pre-orders are available, with shipping starting January 4, 2021.
INTRUSION Inc. (NASDAQ:INTZ) has announced a follow-on public offering of 3,100,000 shares at $8.00 per share, aiming to raise approximately $16 million to fund growth initiatives. The offering includes 2,000,000 shares issued by the company and 1,100,000 shares from selling shareholders. INTRUSION plans to utilize the net proceeds for the commercialization of its new Shield AI-driven threat detection solution for enterprises. The underwriter also has a 30-day option to purchase an additional 465,000 shares.