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Cloud Compromise Costs Organizations $6.2M Per Year Organizations reported an average of 19 cloud-based compromises in the past year, but most dont evaluate the security of SaaS apps before deployment. Cloud compromise is expensive, and its costs continue to rise. A new report finds compromised cloud accounts led to an average financial loss of $6.2 million for surveyed organizations, or an average of 3.5% of their total revenues over the past 12 months. To learn more about how businesses prote...

Walter Pritchard Good afternoon, and thank you for joining us for todays conference call to discuss Palo Alto Networks fiscal third-quarter 2021 financial results. Im Walter Pritchard, senior vice president of investor relations and corporate development. This call is being broadcast live over the web and can be accessed on the investors section of our website at investors.paloaltonetworks.com. With me on todays call are Nikesh Arora, our chairman and chief executive officer; Dipak Golechha, ou...

PDF Criminals began to scan the Internet for vulnerable Microsoft Exchange Servers within five minutes of the disclosure of critical zero-day flaws patched in early March, researchers report. In the "2021 Cortex Xpanse Attack Surface Threat Report, " Palo Alto Networks researchers examine threat data from 50 organizations, and some 50 million IP addresses, collected in the first quarter. Their analysis reveals attackers scan to inventory vulnerable Internet assets once per hour and even more of...

Share this article Share this article SAN FRANCISCO, May 17, 2021 /PRNewswire/ -- Merge, the San Francisco and New York City-based API company which seeks to transform how B2B companies think about customer-facing integrations, today announced the close of a $4.5 million seed funding round. NEA led the round with Managing General Partner Scott Sandell joining Merges board of directors. Created in 2020, Merge provides a solution to the way B2B companies build and maintain an ever-growing number ...

Palo Alto Networks Named a Leader in Endpoint Security Report News provided by Share this article Share this article SANTA CLARA, Calif., May 13, 2021 /PRNewswire/ -- Palo Alto Networks (NYSE: PANW), the global cybersecurity leader, today announced it has been named a Leader in The Forrester Wave™: Endpoint Security Software as a Service, Q2 2021 report. According to the Forrester report, "Palo Alto Networks is the most comprehensive [vendor] in this study, offering threat prevention, detect...

Share this article Share this article SANTA CLARA, Calif., April 20, 2021 /PRNewswire/ -- CORTEX SYMPHONY 2021 — Palo Alto Networks (NYSE: PANW) today announced it is establishing a new cybersecurity consulting group to help enterprises respond to emerging threats as they navigate an increase in costly, crippling cyberattacks. The newly expanded Unit 42 combines formerly Crypsis security consultants, who respond to 1,300+ incidents a year, with the companys veteran Unit 42 threat research ...

Palo Alto Networks advances attack surface management with Expanse 30 Dec 2020 Palo Alto Networks has announced its intent to acquire Expanse, the attack surface management company. Under the terms of the agreement, Palo Alto Networks will acquire Expanse for a total purchase price of approximately $670 million to be paid in cash and stock, and approximately $130 million in replacement equity awards, each such amount subject to adjustment. The proposed acquisition is expected to close duri...

Palo Alto Networks Completes Acquisition of Expanse News provided by Share this article Share this article SANTA CLARA, Calif., Dec. 15, 2020 /PRNewswire/ -- Palo Alto Networks (NYSE: PANW), the global cybersecurity leader, today announced it has completed its acquisition of Expanse Inc., a leader in attack surface management. Expanse brings a unique level of visibility to security through the continuous scanning of exposed assets. This functionality is both critical and timely: in the case of...