Welcome to our dedicated page for Rapid7 news (Ticker: RPD), a resource for investors and traders seeking the latest updates and insights on Rapid7 stock.
Rapid7, Inc. develops AI-powered managed cybersecurity operations software and services centered on the Rapid7 Command Platform. Company news commonly covers managed detection and response, exposure management, security information and event management, cloud security capabilities, threat intelligence research from Rapid7 Labs, and updates to products such as Exposure Command.
Recurring developments also include quarterly financial results, annualized recurring revenue and subscription revenue trends, investor conference participation, equity compensation grants, and completed acquisitions that extend Rapid7’s security operations technology, including the acquisition of Kenzo Security.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
BOSTON, April 12, 2023 – Rapid7 (NASDAQ: RPD) will announce its first quarter 2023 financial results on May 9, 2023, after market close. A conference call to discuss the results will occur on the same day at 4:30 p.m. ET, accessible via phone or live webcast on Rapid7's investor website. The call will allow investors to gain insights into the company's financial performance and future business outlook.
Rapid7 focuses on simplifying cybersecurity for over 10,000 customers worldwide, integrating cloud risk management and threat detection solutions to enhance security and reduce attack surfaces.
Rapid7, Inc. (NASDAQ: RPD) announced the acquisition of Minerva Labs, Ltd. for approximately $38 million in cash and stock. This acquisition enhances Rapid7's managed threat detection and orchestration capabilities across cloud and endpoint environments. The integration is expected to bolster advanced ransomware prevention and improve alignment with customers’ security investments. Minerva’s technology offers multi-layer ransomware prevention, enhancing overall threat detection. Financially, the acquisition is not projected to materially impact Rapid7's Annualized Recurring Revenue growth or income for 2023.
Rapid7 (NASDAQ: RPD) released its 2022 Vulnerability Intelligence Report, revealing a significant trend in cybersecurity vulnerabilities. The report identifies an 87% increase in the rate of first-week exploitation of security vulnerabilities since 2020. Notably, 56% of vulnerabilities were exploited within one week of public disclosure in 2022, with a median exploitation time of just one day. In contrast, the report noted a 33% decrease in vulnerabilities exploited for ransomware attacks. This report aims to equip organizations with insights to better manage risks and strengthen their security measures.