Palo Alto Stock Price, News & Analysis

Palo Alto Networks (NASDAQ: PANW) has launched the Okyo Garde Enterprise Edition, a cybersecurity solution designed to protect home networks for remote workers. This product extends the company’s Secure Access Service Edge (SASE) architecture, incorporating Prisma® Access and a Wi-Fi 6 router. Key benefits include enhanced protection for corporate networks, visibility for security teams, and ease of use for employees managing their home networks. The Okyo Garde Enterprise Edition is now available in the U.S. and Canada.

Palo Alto Networks (NASDAQ: PANW) announced achieving 100% Prevention and 100% Detection in the MITRE Engenuity ATT&CK Round 4 Evaluation. The evaluation tested Cortex XDR's effectiveness against real-world attack simulations from known threat groups, Wizard Spider and Sandworm. Cortex XDR successfully blocked all attack stages and detected all 19 steps of the simulated attacks. Key metrics included over 98% visibility of adversarial activity and reliance on industry-leading telemetry for effective threat detection. This performance underscores Palo Alto's commitment to innovation in cybersecurity.

Palo Alto Networks (NASDAQ: PANW) has partnered with Amazon Web Services (AWS) to introduce the Cloud NGFW for AWS, a managed Next-Generation Firewall service aimed at simplifying cloud security. This service allows organizations to focus on innovation while Palo Alto handles operational responsibilities. Key features include advanced URL filtering, threat prevention, and App-ID technology. It integrates seamlessly with AWS, providing easy deployment via the AWS Marketplace and high availability. This collaboration addresses the growing need for robust yet easy-to-manage cybersecurity solutions amidst increasing cyber threats.

Palo Alto Networks (NASDAQ: PANW) has been recognized as a Leader in The Forrester Wave™: Cloud Workload Security, Q1 2022 report. This recognition highlights the company's strong capabilities in cloud workload security, particularly in data sovereignty, malware protection, and integration with various threat sources. Ankur Shah, senior vice president of Prisma Cloud products, emphasized that this validates their innovative approach. The report evaluated 12 vendors based on current offerings, strategy, and market presence.

Palo Alto Networks (NASDAQ: PANW) announces the launch of Prisma Cloud Supply Chain Security, designed to combat the growing threat of software supply chain attacks. This tool provides organizations with a comprehensive view of vulnerabilities within their supply chains, enabling swift remediation of security flaws. Gartner predicts that by 2025, 45% of organizations will face such attacks, highlighting the tool's timely relevance. Key features include auto-discovery of code assets, graph visualization of dependencies, and code repository scanning for vulnerabilities, enhancing security throughout the software development lifecycle.

Palo Alto Networks (NASDAQ: PANW), a leader in global cybersecurity, will present at the Morgan Stanley Technology, Media & Telecom Conference on March 7, 2022, at 9:10 a.m. PST. This event showcases the company's innovative approach to cybersecurity, leveraging advancements in artificial intelligence, automation, and analytics. Interested investors can access more details and a live audio webcast on the investors.paloaltonetworks.com website. Palo Alto Networks remains committed to enhancing security across various platforms and devices.