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JERUSALEM (Reuters) - Check Point Software Technologies will focus on security services for remote working this year, the Israel-based company said on Wednesday after reporting better than expected quarterly profit and 2020 revenue that topped $2 billion
FILE PHOTO: The logo of network security provider Check Point Software Technologies Ltd is seen at their headquarters in Tel Aviv, Israel August 14, 2016. REUTERS/Baz Ratner
Chief Executive Gil Shwed said that cloud, network and remote-access security product sales grew sharply last year as a hybrid home-office work environment became the new normal as the COVID-19 pandemic developed a situation he says is likely to remain even after the coronavirus crisis.
Company Profile
Check Point Software Technologies is a pure-play cybersecurity vendor. The company offers solutions for network, endpoint, cloud, and mobile security in addition to security management. Check Point, a software specialist, sells to enterprises, businesses, and consumers. At the end of 2017, 47% of its revenue was from the Americas, 36% from Europe, and 17% from Asia-Pacific, Middle East, and Africa. The firm, based in Tel Aviv, Israel, was founded in 1993 and has about 5,000 employees.
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Last year was challenging in many respects for investors. The unprecedented coronavirus pandemic upended societal norms and rapidly transformed the traditional work environment. It also played at the heartstrings of Wall Street, with the benchmark
S&P 500 losing 34% of its value in less than five weeks during the first quarter.
Claroty Hires Simon Chassar as Chief Revenue Officer as Demand for its Industrial Cybersecurity Platform Accelerates
Seasoned Cybersecurity Sales Executive Joins After Company s Year of Record Global Growth in Customers, Partners, and Employees
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NEW YORK, Jan. 26, 2021 /PRNewswire/
Claroty, the industrial cybersecurity company, today announced the appointment of Simon Chassar as Chief Revenue Officer (CRO). Chassar brings 20 years of experience leading go-to-market (GTM) teams at global IT and cybersecurity organizations, driving billions in annual revenue. He joins after a year of record growth for the company, as adoption of The Claroty Platform has accelerated among the world s leading enterprises to protect their industrial environments.
Iranian Hackers Can Beat Encrypted Apps like Telegram, Researchers Say
News Highlights: Iranian Hackers Can Beat Encrypted Apps like Telegram, Researchers Say.
Iranian hackers, most likely government employees or affiliates, have conducted an extensive cyber-espionage operation equipped with surveillance tools that outsmart encrypted messaging systems – a capability that Iran was previously unknown to have, according to two digital security reports released Friday. have been released.
The operation not only targets domestic dissidents, religious and ethnic minorities and anti-government activists abroad, but could also be used to spy on the general public in Iran, the reports said. Check Point Software Technologies, a cybersecurity technology company, and the Miaan Group, a human rights organization that focuses on digital security in the Middle East.