ZeroFox (Nasdaq: ZFOX), a leader in external cybersecurity, will present at the 25th Annual Needham Growth Conference on January 12, 2023, at 4:30 p.m. Eastern Time. The presentation will be available live via webcast on their investor relations page. Following the event, a replay will be accessible online. ZeroFox specializes in protecting organizations from cyber threats by providing AI analytics, threat intelligence, and response capabilities to combat phishing, fraud, and data breaches. Their solutions cater to various sectors, ensuring comprehensive digital security.
ZeroFox Holdings, Inc. (Nasdaq: ZFOX) announced record revenues of $43 million for the third quarter ended October 31, 2022, with annual recurring revenue reaching $153 million. Despite strong revenue growth, the company reported a significant GAAP loss from operations of $717.2 million, mainly due to a goodwill impairment charge of $698.7 million. The company ended the quarter with 1,138 subscription customers and guidance for the second half of fiscal 2023 expects revenue between $84 million to $86 million.
ZeroFox (Nasdaq: ZFOX) has launched its new Disruption PII Removal service, aimed at helping organizations combat data broker websites that sell personal identifiable information (PII) of employees and executives. With 68% of the global internet population's data at risk, this service scans and automates the takedown of personal information from hundreds of data broker sites. The new offering promises to enhance security by hardening attack surfaces, reducing breach risks, and providing ongoing monitoring and monthly reporting.
ZeroFox Expands Breach Response Services
ZeroFox has announced the extension of its breach response services to multinational companies affected by data breaches outside the U.S. This move builds on IDX's leadership in the U.S. breach response market. According to the 2022 Verizon Data Breach Investigation Report, 54% of data breaches in 2021 occurred internationally. ZeroFox's enhanced services include multilingual notifications, 24/7 call center support, localized incident websites, and international identity monitoring, responding to the growing demand for global data breach solutions.
ZeroFox, a leader in external cybersecurity, is set to attend both the NetDiligence Cyber Risk Summit and the IAPP Privacy, Security, Risk Conference. The events will be held in Santa Monica, California, and Austin, Texas, respectively. ZeroFox aims to discuss their comprehensive solutions for data breach response and broader cyber risk management.
ZeroFox now offers advanced breach response solutions powered by IDX, focusing on the full lifecycle of preventing and addressing external cybersecurity threats.
ZeroFox (Nasdaq: ZFOX) announced its participation at the Black Hat USA 2022 conference in Las Vegas, marking its first public event since its Nasdaq listing on August 4. The company will showcase its unified external cybersecurity platform and new threat intelligence research at booth #2260. With a 300% year-over-year increase in successful takedowns in Q1 2022, ZeroFox identified over 5.8M attacks. The company has introduced 216 new platform features and expanded its portfolio with the recent acquisition of IDX.
ZeroFox, the leader in external cybersecurity, has officially gone public after its business combination with L&F Acquisition Corp. and ID Experts Holdings. The transaction was approved on August 2, 2022, and completed on August 3, 2022. Trading under the ticker symbol ZFOX commenced on August 4, 2022, marking a significant milestone for the company. CEO James C. Foster expressed confidence in ZeroFox's vision and market potential, emphasizing the demand for external threat protection. The company will ring the closing bell at Nasdaq on the same day.