Cloudflare Inc Stock Price, News & Analysis

Cloudflare has secured a $7.2 million contract from the Cybersecurity and Infrastructure Security Agency (CISA) to deliver Registry and Authoritative DNS services for the .gov domain. The contract aims to enhance security and resilience for government users. Cloudflare will provide managed name servers and automate DNS security management. This partnership supports CISA's efforts to reduce vulnerabilities in government infrastructure and improve incident detection. Additionally, Cloudflare's services are pivotal for U.S. Federal agencies, having previously provided a protective DNS resolver solution.

Cloudflare (NYSE: NET) has announced new integrations with Microsoft Azure Active Directory, enabling businesses to implement Zero Trust security seamlessly. This enhancement allows clients to deploy security measures without code changes and includes features like Remote Browser Isolation for high-risk users. The integration also supports automated identity management, syncing user groups across platforms, saving IT teams significant time.

Since 2018, Cloudflare has partnered with Microsoft to enhance security solutions for clients, including Fortune 500 companies.

Cloudflare, Inc. (NYSE: NET) has launched new Zero Trust email security solutions to combat phishing attacks and data loss. These tools are compatible with any email provider and can be deployed quickly, significantly reducing the complexity of traditional systems. In 2022, Cloudflare Area 1 blocked nearly 2.3 billion unwanted messages. With the new solutions, businesses can isolate suspicious links, stop data exfiltration, and onboard Microsoft 365 domains rapidly. This enhancement addresses the high costs associated with email security vulnerabilities, which amounted to nearly $2.4 billion in losses for U.S. businesses in 2021.

Cloudflare, Inc. (NYSE: NET) has announced the launch of Magic WAN Connector, an open-source software package that integrates with Cloudflare One to provide a comprehensive SASE solution. This innovation enables businesses to connect and secure their corporate networks, enhancing performance and flexibility. CIOs seek unified vendor solutions, and Cloudflare's offering aligns with the trend towards single-vendor deployments in SASE. The company also expanded its Network On-ramp partner program, enhancing customer choice for connectivity options.

Palantir Technologies announced a strategic partnership with Cloudflare to optimize cloud costs for organizations using multi-cloud environments. This collaboration aims to enhance visibility and control over cloud expenditures. By utilizing Palantir Foundry and Cloudflare's infrastructure, customers can identify cost-saving opportunities and streamline their cloud workloads. The partnership promises significant savings and improved efficiency, allowing companies to leverage a flexible, cloud-agnostic solution that supports cost-effective operations.

Cloudflare (NYSE: NET) has launched the Digital Experience Monitoring tool, part of its Zero Trust platform, to enhance visibility for IT teams managing remote work environments. This dashboard provides real-time, predictive, and historical insights on application performance across corporate networks, aimed at improving employee productivity. CEO Matthew Prince emphasized its role as a 'control tower' for corporate networks. Gartner forecasts that by 2026, 60% of leaders will utilize such tools, up from less than 20% in 2021.

Cloudflare, Inc. (NYSE: NET) announced it will release its fourth-quarter financial results for 2022 after U.S. markets close on February 9, 2023. An investor conference call will be held the same day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss these results. Interested participants can join by calling specific numbers provided in the announcement. A live webcast of the call will be available on Cloudflare's investor relations website, with a replay accessible for 30 days following the event.

Cloudflare, Inc. (NYSE: NET) released its third annual Year in Review, highlighting key internet trends from 2022. Notable findings include Google as the top online service, followed by Facebook, TikTok, and YouTube. Instagram surpassed Twitter in social media rankings. Additionally, internet traffic surged during the FIFA World Cup and Black Friday, while the U.S. led in phishing emails. Iran was reported to have the highest number of internet blackouts. Cloudflare continues to play a significant role in internet security and performance worldwide.

Cloudflare (NYSE: NET) has published its second annual Impact Report, highlighting its commitment to a better Internet. Key initiatives include:

• Provided free cyber security services to 130 Ukrainian entities amid the ongoing conflict.
• Launched rate limiting and Turnstile to enhance security and accessibility for all users.
• Project Galileo supports 2,150 vulnerable organizations facing cyber threats.
• In 2022, small businesses benefited from approximately $7 million worth of free CDN services.

The report emphasizes Cloudflare's role in advancing privacy technologies and environmental sustainability.