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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 don't 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 protect confidential data in the cloud, the Ponemon Institute, commissioned by Proofpoint, surveyed 662 ...

Walter Pritchard Good afternoon, and thank you for joining us for today's conference call to discuss Palo Alto Networks' fiscal third-quarter 2021 financial results. I'm 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 today's call are Nikesh Arora, our chairman and chief executive officer; Dipak Golechha, our chief financial officer; and Lee Klarich, our chief product officer. This afternoon, we issued...

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 often — within 15 minutes or less — following the disclosure of CVEs. "When an exploit is publishe...