Stocks Gain on Trump's Softer Tone
"Bloomberg Markets" follows the market moves across every global asset class and discusses the biggest issues for Wall Street. Today's guests; Wells Fargo Global Alternative Investment Strategist Mark Steffen, Kayne Anderson Rudnick Chief Market Strategist Portfolio Manager Julie Biel, Check Point Software Technologies CEO Nadav Zafrir, and Brown Harris Stevens Associate Real Estate Broker Lisa Lippman. (Source: Bloomberg)
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Dangerous Blind Spots Costing Enterprises Time, Trust, and Agility Exposed in Check Point's 2025 Cloud Security Report
Report finds 65% of organizations suffered a cloud-security incident in the past year — yet only 6% remediated it within an hour REDWOOD CITY, Calif., June 05, 2025 (GLOBE NEWSWIRE) -- Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a pioneer and global leader of cyber security solutions, today released its 2025 Cloud Security Report. Based on a global survey of more than 900 CISOs and IT leaders, the report reveals systemic weaknesses, including alert fatigue, fragmented toolsets, and a widespread inability for organizations to detect lateral movement or defend against AI-driven attacks leaving enterprises dangerously exposed. The findings also include actionable strategies for closing the gap between cloud innovation and cyber resilience. As hybrid, multi-cloud, and edge architectures expand, many organizations are relying on outdated security models that can't keep up. According to the report, 65% of organizations experienced a cloud-related security incident in the past year—up from 61% the previous year. Alarmingly, only 9% detected the incident within the first hour, and a mere 6% managed to remediate it within that time frame, allowing intruders to remain undetected across cloud environments. 'Security teams are chasing an ever-moving target,' said Paul Barbosa, VP of Cloud Security at Check Point Software Technologies. 'As cloud environments grow more complex and AI-driven threats evolve, organizations can't afford to be stuck with fragmented tools and legacy approaches. It's time to shift toward unified, intelligent, and automated defenses designed for the realities of today's decentralized world.' Key findings from the 2025 Cloud Security Report include: Cloud Adoption Outpaces Security Readiness: 62% of organizations have adopted cloud edge technologies, 57% use hybrid cloud, and 51% operate in multi-cloud environments. Legacy, perimeter-based defenses can't keep up with these distributed infrastructures Detection and Remediation Are Too Slow: Only 9% of organizations detected an incident within the first hour. Meanwhile, 62% took more than 24 hours to remediate breaches—giving attackers ample time to escalate access Tool Sprawl is Fueling Alert Fatigue: A significant 71% of respondents rely on over 10 different cloud security tools, while 16% utilize more than 50. More than half of them face nearly 500 alerts daily hindering response times and overwhelming analysts Application Security Lags Behind: 61% still rely on outdated, signature-based Web Application Firewalls (WAFs), which are increasingly ineffective against sophisticated, AI-enhanced threats AI is a Priority — but Defenders Aren't Ready: While 68% list AI as a top priority for cyber defense, only 25% feel prepared to counter AI-driven attacks, highlighting a critical capability gap Lateral Movement Remains a Blind Spot: Only 17% of organizations have full visibility into east-west cloud traffic. Once attackers breach the perimeter, they can move undetected within cloud environments Detection Often Comes from People, Not Tools: Only 35% of cloud incidents were detected via security monitoring platforms. The majority were identified through employees, audits, or external reports—revealing alarming gaps in real-time threat detection Internal Challenges Undermine Progress: 54% cite the pace of technological change as a major hurdle, while 49% face a shortage of skilled security professionals. Tool fragmentation and poor platform integration (40%) further slow response times and exacerbate blind spots To close these gaps, Check Point recommends a shift toward decentralized, prevention-first cloud security strategies. The report advises organizations to consolidate their toolsets, adopt AI-powered threat detection, and deploy real-time telemetry to gain full visibility across edge, hybrid, and multi-cloud environments. By leveraging Check Point CloudGuard and the Check Point Infinity Platform, organizations can unify their cloud defenses, automate incident response, and ensure consistent policy enforcement—regardless of platform or provider. Deryck Mitchelson, Global CISO at Check Point Software Technologies provides guidance within the 2025 cloud security report and emphasizes that, 'cloud transformation is accelerating faster than our defenses. With attackers moving in minutes and defenders responding in days, the gap between detection and remediation is becoming a danger zone. CISOs must consolidate fragmented tools into unified platforms, gain visibility into lateral movement, and prepare their teams and technologies to counter AI-driven threats, or risk ceding control of the cloud to increasingly sophisticated adversaries.' To access the full report and receive actionable CISO advice for safeguarding against the cloud-related issues discussed, please visit our website and read our blog. About the Survey: The 2025 Cloud Security Report, carried out by Cybersecurity Insiders in the beginning of 2025, gathered insights from 937 cyber security professionals across North America, Europe, Asia-Pacific, and other regions. Respondents included CISOs, cloud architects, security analysts, and IT leaders responsible for securing hybrid, multi-cloud, and SaaS environments. The study focused on how businesses using cloud services tackle security issues and highlight advancements, like artificial intelligence, emphasizing the complexity of modern cloud security. Follow Check Point via:LinkedIn: YouTube: About Check Point Software Technologies Ltd. Check Point Software Technologies Ltd. ( is a leading protector of digital trust, utilizing AI-powered cyber security solutions to safeguard over 100,000 organizations globally. Through its Infinity Platform and an open garden ecosystem, Check Point's prevention-first approach delivers industry-leading security efficacy while reducing risk. Employing a hybrid mesh network architecture with SASE at its core, the Infinity Platform unifies the management of on-premises, cloud, and workspace environments to offer flexibility, simplicity and scale for enterprises and service providers. This press release contains forward-looking statements. Forward-looking statements generally relate to future events or our future financial or operating performance. Forward-looking statements in this press release include, but are not limited to, statements related to our expectations regarding future growth, the expansion of Check Point's industry leadership, the enhancement of shareholder value and the delivery of an industry-leading cyber security platform to customers worldwide. Our expectations and beliefs regarding these matters may not materialize, and actual results or events in the future are subject to risks and uncertainties that could cause actual results or events to differ materially from those projected. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in our filings with the Securities and Exchange Commission, including our Annual Report on Form 20-F filed with the Securities and Exchange Commission on April 2, 2024. The forward-looking statements in this press release are based on information available to Check Point as of the date hereof, and Check Point disclaims any obligation to update any forward-looking statements, except as required by law. MEDIA CONTACT: INVESTOR CONTACT: Ana Perez Kip E. Meintzer Check Point Software Technologies Check Point Software Technologies press@ ir@ while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
7 days ago
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The End of the Easy US Stock Bet Has Been Good to Contrarians
(Bloomberg Markets) -- On Wall Street, it's been years since anyone had to think very hard to make money. Buy the largest US stocks, ignore everything else and watch your portfolio soar. Investing was reduced to one-click simplicity. NYC Congestion Toll Brings In $216 Million in First Four Months Now With Colorful Blocks, Tirana's Pyramid Represents a Changing Albania The Economic Benefits of Paying Workers to Move NY Wins Order Against US Funding Freeze in Congestion Fight Why Arid Cities Should Stick Together Then life got more complicated. President Donald Trump's sudden tariff escalation in April offered a glimpse of what a world without that certainty might look like. Confidence wavered—not just in megacap resilience, but in American economic exceptionalism and Trump's market-friendly reputation. But after a sharp market decline, some of the panic subsided. The president backed away from some of his most dramatic tariff plans, and major US equity indexes bounced back. On May 28, a US trade court said many of Trump's tariffs were illegal, with the administration appealing the decision. Yet for many, the market and political mayhem highlighted the increasing fragility of the one-way buy-America trade. You can still see the shadows of all that doubt in the lower value of the dollar, in Moody's Ratings' recent decision to downgrade America's debt, and in the steady drumbeat of money finding its way to anything that isn't just another bet on US stocks. A motley crew of finance professionals long dismissed as having complex and cautious strategies have been having their moment. With megacap valuations still looking stretched, these money managers are pitching a slew of allocation ideas to investors newly receptive to the age-old virtue of diversification. 'I am looking forward to this being a world again where prices matter,' says Ben Inker, the co-head of asset allocation at Grantham Mayo Van Otterloo, a money manager known for bull-market skepticism as well as its dedication to value investing. His GMO International Developed Equity Allocation Fund is up about 20% this year—its biggest outperformance over the S&P 500 since the strategy's 2006 inception. The fund has about half its assets in Europe and almost 30% in Japan. Meb Faber, too, has been waiting patiently for this. The founder of Cambria Investment Management LP has been calling the end of the US exceptionalism trade for years. Before 2025 his model, which spread money across regions and assets, had trailed the S&P 500 in 14 out of 16 years. Now people are seeing the virtues of contrarian strategies. 'Nobody is interested in talking about or wanting any of these investments, and all of a sudden you just blink, and the next thing you know, they're outperforming,' Faber says. Nothing lasts forever, Faber says. He points the 1980s, when international markets, Japan's in particular, left American equities in the dust. That episode foreshadowed the Nikkei 225's two decades of woe. Fund flows highlight the shift away from the go-long-US trade. International equities are attracting money in droves. Exchange-traded funds holding value stocks, which typically snub the top-heavy Magnificent Seven tech stocks, have already seen $30 billion in inflows this year. Hedge funds attracted about $14 billion in cash this year through April, according to data compiled by fund administrator Citco. And quantitatively driven diversification strategies—with names like risk parity and factor investing that seem designed to resist easy marketing—are gaining fresh attention. Also on the hot list: buffer funds, a breed of ETF that employs stock options to limit a portfolio's downside while capping the upside. And there's been a revival of once-dormant techniques such as portable alpha, a way of using borrowed money to try to sprinkle some idiosyncratic bets on top of exposure to the market index. 'There's not as big an opportunity cost in introducing diversification and having to sacrifice that core stock exposure,' says Corey Hoffstein, chief investment officer of quantitative money manager Newfound Research, speaking of portable alpha. This year 'has been about making diversification look great again,' says Dan Villalon, principal at AQR Capital Management LLC, a Greenwich, Connecticut-based manager of quant and hedge fund strategies. 'We see it in every dimension: We see in equity markets. We see it in asset classes. We see it in alternative strategies.' AQR has long warned that US dominance of equity markets is at risk and that investors are underdiversified. Of course, the push to spread out risks comes with big pitfalls. In an age of artificial intelligence advances, there's a constant fear of missing out on another Big Tech rally. Already, chipmaker Nvidia Corp.—a key member of the Mag 7—has roared back from its April depths, notching a near-30% return over the past month. Moreover, the leverage used in many market-defying strategies can easily backfire. And many of these techniques layer on cost and are poorly understood by clients. Villalon, for example, has been an outspoken critic of buffer funds. AQR has published research arguing that a simple mix of stocks and safe Treasury bills is a better bet for those seeking downside Benz, director of personal finance and retirement planning at the research firm Morningstar Inc., likewise argues that most individual investors can do just fine with a low-cost, do-it-yourself version of diversification. Just own a broad of mix of different assets. 'I would argue that the basic principles of asset allocation are delivering beautifully this year—the vanilla strategy of holding cash and bonds to cushion against equity losses has been a winning one. Diversifying equity exposure globally has also helped.'And there's still a large chorus warning against giving up on stocks in the world's most dynamic economy. 'With ever more complex investment products becoming available to retail investors, history keeps proving that a simple, diversified portfolio of large-cap stocks wins out,' says Liz Miller, president of Summit Place Financial Advisors LLC. 'Alternative and structured investments can appeal to investors' fears of market volatility, but long-term growth comes from investing appropriately in equities and staying committed throughout market turmoil.' Still, investors seem to have widened their view of the range of outcomes. For Vineer Bhansali, CIO and founder of LongTail Alpha LLC, it's been the busiest time since the onset of the pandemic. LongTail's name refers to the rare but extreme events that can occur at both ends of the bell curve of possible market outcomes; the firm sells strategies that hedge the really bad ones but often suffer losses in a bull market. Bhansali says clients are calling all day with concerns about high exposure to US stocks and market patterns breaking down. Recently, a $24 billion Australian pension fund allocated to the strategies. 'Everybody has a lot of US assets,' Bhansali says. 'Trade, the reason this whole thing is happening, is a global phenomenon. Everybody gets pulled into it. Everybody's concerned about what happens to their old global asset allocation.' YouTube Is Swallowing TV Whole, and It's Coming for the Sitcom Mark Zuckerberg Loves MAGA Now. Will MAGA Ever Love Him Back? 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