Welcome to our dedicated page for Tenable Holdings news (Ticker: TENB), a resource for investors and traders seeking the latest updates and insights on Tenable Holdings stock.
Tenable Holdings, Inc. develops cybersecurity exposure management software centered on the Tenable One Exposure Management Platform and the company’s Nessus vulnerability-management heritage. News about TENB commonly covers quarterly financial results, enterprise platform adoption, product and packaging updates, and AI-driven exposure-management capabilities such as Tenable Hexa AI.
Company updates also address cloud, identity, operational technology and cyber-physical systems security, including OT asset discovery and Tenable One OT Security. Additional recurring themes include investor communications, executive appointments, research on emerging exposure risks, and market recognition for the company’s exposure assessment and CPS protection offerings.
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Tenable has released a report at the RSA Conference 2023, detailing how generative AI is transforming security research. The report showcases four innovative tools created by the Tenable Research team to enhance efficiency in areas like reverse engineering, code debugging, and web application security. These tools are publicly available to the security research community via a GitHub repository. One highlighted tool, G-3PO, is introduced by Olivia Fraser, a Tenable Staff Research Engineer, in a detailed video. The report also addresses cognitive bias, suggesting how generative AI can be effectively utilized by researchers.
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Tenable has enhanced its Tenable One Exposure Management Platform to support on-premises and hybrid deployments through integration with Tenable Security Center 6.1. This upgrade simplifies exposure management, allowing customers to transition more swiftly to the cloud while maintaining flexibility in deployment options. Tenable is now the sole vendor providing exposure management for both on-premises and hybrid models. Customers gain access to advanced features like Lumin Exposure View and Attack Path Analysis, enhancing cyber risk visibility and remediation prioritization. Tenable Security Center 6.1 is set for general availability in Q2 2023, with a customer update webinar scheduled for May 11. Tenable serves nearly 43,000 organizations globally, including a significant portion of the Fortune 500, emphasizing its pivotal role in managing cyber risk.
Tenable Holdings (NASDAQ: TENB) reported robust Q1 2023 financial results, showcasing an 18% increase in revenue year-over-year, totaling $188.8 million. The calculated current billings reached $176.8 million, marking a 13% increase. Despite a GAAP loss from operations of $19.2 million and a net loss of $25.1 million, non-GAAP measures indicate strength with $18.1 million in income from operations and a net income of $13.1 million. Tenable added 379 new enterprise customers and launched enhanced security features, including cloud security posture management capabilities. For Q2 2023, revenue guidance is projected between $189.0 million and $191.0 million, while full-year revenue is expected between $775.0 million and $785.0 million.
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Tenable has enhanced its Technology Ecosystem Program to include Tenable OT Security, expanding its offerings in exposure management solutions. This strategic move aims to address the rising cyber threats by engaging over 125 security and IT partners, facilitating more than 250 product integrations. Key program benefits for partners include marketing support, use of APIs at no cost, and resources to streamline integration processes. Notably, the company also announced the winners of its Global Partner Awards during the Tenable AssureWorld 2023 virtual conference. With approximately 43,000 organizations trusting Tenable for cyber risk management, this expansion highlights the company's commitment to enhancing security frameworks and reducing vulnerabilities.
Tenable has announced that Wärtsilä will implement Tenable OT Security to enhance its operational technology (OT) asset management. This partnership aims to automate asset inventory collection, streamline compliance reporting, and improve vulnerability tracking. By utilizing this solution, Wärtsilä will enable its customers to visualize their OT environments, thereby mitigating supply chain risks and enhancing cybersecurity measures.
This deployment follows a significant challenge faced by Wärtsilä, which previously relied on manual data collection through spreadsheets. The advanced features of Tenable OT Security allow for accurate asset reporting, aiding in proactive cybersecurity strategies and compliance with industry standards.
Wärtsilä is recognized as a leader in sustainable technology and reported net sales of EUR 4.8 billion in 2021.