Welcome to our dedicated page for Zscaler news (Ticker: ZS), a resource for investors and traders seeking the latest updates and insights on Zscaler stock.
Zscaler, Inc. reports developments in cloud-native cybersecurity, centered on zero trust access, AI security, data protection, and enterprise governance controls. Its recurring updates cover the Zscaler Zero Trust Exchange platform, Zscaler Internet Access, Zscaler Private Access, data sovereignty capabilities, browser security, and research from ThreatLabz on cybersecurity and AI-related traffic patterns.
Company news also includes earnings releases, annual recurring revenue commentary, investor conference participation, and completed acquisitions that extend its security platform. Zscaler serves enterprise, government, critical infrastructure, and other large organizations through a distributed cloud security architecture operating across more than 160 data centers globally.
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Zscaler released its 2023 ThreatLabz Phishing Report, highlighting a 50% increase in global phishing attacks in 2022 compared to 2021. The education sector was the most targeted, with a staggering 576% rise in attacks, followed by finance and government. Major brands such as Microsoft, Binance, and Netflix were frequently impersonated in these phishing campaigns. The report also noted that AI tools, including ChatGPT, have facilitated the surge in phishing activities by lowering technical barriers for cybercriminals. The U.S. remains the top target, accounting for over 65% of phishing attempts. The report emphasizes the need for organizations to adopt a Zero Trust architecture to safeguard against evolving threats.
Zscaler has been recognized as a Leader in the 2023 Gartner Magic Quadrant for Security Service Edge (SSE) for the second consecutive year. This recognition emphasizes the company's commitment to advanced cloud security solutions, crucial for secure digital transformation.
Zscaler's extensive global network, multiple Points of Presence (PoPs), and key accreditations such as FedRAMP High, C5, IRAP, and UK Cyber Essentials contribute significantly to its leadership position. The company also boasts a robust partner ecosystem with powerful API integrations, enhancing its security capabilities.
CEO Jay Chaudhry highlighted the expansion of SSE to cover not only users but also workloads and IoT, promoting a comprehensive security strategy. Additionally, Zscaler received the 2022 Customers’ Choice recognition in the SSE category on Gartner Peer Insights™, marking its strong customer satisfaction.