[December 28, 2020]
CSP Inc. Reports Fiscal Fourth Quarter and Fiscal Year 2020 Results
LOWELL, Mass., Dec. 28, 2020 (GLOBE NEWSWIRE) CSP Inc. (NASDAQ: CSPI), an award-winning provider of security and packet capture products, managed IT and professional services and technology solutions, reported financial and operating results for the 2020 fiscal fourth quarter and fiscal year ended September 30, 2020 and provided a business update.
Fourth Quarter Key Achievements
Gross margin improved by 8 percentage points compared to the year-ago fiscal fourth quarter, as higher margin offerings gain market acceptance
Managed Services Practice remains strong as new and existing customers continue to generate meaningful momentum
Ended fiscal year 2020 with a robust cash balance to fund growth objectives
Smart Grid Cyber Security Market Next Big Thing | Major Giants IOActive, IBM, AlertEnterprise
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ARIA Cybersecurity Extends Free Cybersecurity Solution to Stop On-going Attacks Affecting Users of SolarWinds Orion Platform
The ARIA Advanced Detection and Response Solution Will Detect and Stop the On-going Attacks Against Compromised Government and Commercial Organizations
BOSTON, Dec. 21, 2020 (GLOBE NEWSWIRE) ARIA Cybersecurity Solutions, a CSPi business (NASDAQ: CSPi) that delivers a software-defined approach for improved cyber-attack incident response, today announced the free use of the ARIA Advanced Detection and Response (ADR) for a three-month period to detect and stop the on-going attacks in the 18,000 organizations potentially impacted by the “SUNBURST” enabled cyber attack.
The Cyber Infrastructure Security Agency (CISA) has classified the attack that has hamstrung over a dozen agencies, three states, and hundreds of commercial organizations as an Advanced Persistent Threat (APT). Upon penetrating the organization via the “SUNBURST” hack to the Orion co
CSP Inc. to Announce Fiscal Fourth Quarter and Full Year 2020 Financial Results on Monday December 28th
LOWELL, Mass., Dec. 21, 2020 (GLOBE NEWSWIRE) CSP Inc. (NASDAQ: CSPI), a provider of security and packet capture products, managed IT and professional services and technology solutions, announced that it will issue its fiscal fourth quarter and full year 2020 financial results before the open of the market on Monday, December 28, 2020
CSP Inc. President and Chief Executive Officer Victor Dellovo and Chief Financial Officer Gary W. Levine will host a conference call at 10:00 a.m. ET that day to review the financial results and provide a business update. To listen to a live webcast of the call, please visit the “Investor Relations” section of the Company’s website at http://www.cspi.com/. Individuals also may listen to the call via telephone, by dialing 877-876-9173 or 785-424-1667 and use the Conference ID: CSPQ420 when greeted by the live operator. A replay of the webcast
The Top 21 Security Predictions for 2021
As we recover from the worst pandemic in a century, what will the New Year bring in cyberspace? Here’s your annual roundup of security industry forecasts, trends, themes and cybersecurity predictions. Shutterstock/vs148
When the topic of 2021 security predictions came up at a recent meeting of top cyberindustry executives, several leaders starting laughing.
“Really? After we completely blew it last year?” said one chief strategist.
“Wow! We’re not even out of the woods yet with COVID-19,” said a marketing expert. “How can we talk about the post-pandemic world with credibility?”
“I doubt many cybersecurity companies will fully participate right now Dan. So many moving parts, industry disruptions, budget challenges, political issues, new tech unknowns and more. …”
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