Latest news with #ZIA
Time of India
28-05-2025
- Business
- Time of India
Germany proposes rent control extension to dampen housing costs
BERLIN : The German government on Wednesday proposed a law to extend rent controls in an effort to make housing more affordable, following through on a key pledge of the new coalition government under Chancellor Friedrich Merz . The measure, which extends the price controls by another four years through 2029, is fiercely opposed by property industry executives. The rules, first introduced in 2015, cap new rentals in urban centres to 10% above comparable rents in the area. "Housing must not become a luxury good," Justice Minister Stefanie Hubig said in announcing the law proposal. It is one of several measures that the new government is planning as it confronts a housing shortage for Germany 's growing population, spurred in part by immigrants from Ukraine and Syria. Germany's property sector hit hard times in 2022, as higher interest rates made borrowing costly. That resulted in falling prices, and it tipped some property firms into insolvency. It has also put a strain on construction, making it hard for Germany to reach a self-imposed goal of building 400,000 apartments a year to alleviate the housing shortage. Rolf Buch, CEO of Germany's largest landlord Vonovia , called the rent controls counterproductive. "This extension of the rent brake will deeply unsettle investors and put further obstacles in the way of new construction," the ZIA property industry association said last week. Data showed last week that the number of apartments completed in 2024 was 251,900, down 14.4% from 2023 and far off the government goal. Germany needs to construct 320,000 new apartments each year by 2030 to keep up with demand, a study in March showed.
Techday NZ
30-04-2025
- Business
- Techday NZ
Sonatype updates Repository Firewall to target open-source malware
Sonatype has announced significant updates to its Repository Firewall, designed to enhance proactive malware protection throughout the software development lifecycle for enterprises. The enhancements are designed to help development, security, and data science teams block known and suspected malicious components at an early stage. The approach reduces the need for rework, prevents potential security incidents, and ensures consistent enforcement of policies across traditional, containerised, and artificial intelligence (AI)/machine learning (ML) environments. Malicious open-source packages represent a particular risk within the industry, as they often bypass traditional security solutions. These packages, which Sonatype refers to as open source malware, tend to evade detection by standard perimeter tools and can enter development environments before software composition analysis tools are activated. Sonatype's Repository Firewall identifies and blocks these malicious packages before they are downloaded, minimising exposure and protecting every entry point for open source and third-party components. As part of the new features, Sonatype Repository Firewall now integrates with Zscaler Internet Access (ZIA). This expansion delivers open source software intelligence and protection to the network perimeter. The combination of Repository Firewall and Zscaler is designed to prevent high-risk open source components from entering the development pipeline, giving developers increased confidence as risky elements are filtered out early. The integration aims to address the challenge of shadow downloads, which Sonatype defines as open-source components downloaded directly from public repositories onto developer machines, thereby circumventing internal controls. According to Sonatype's data, there has been a 32.8% rise in shadow downloads throughout 2024, illustrating the expanding risk facing organisations. By enforcing security measures both at the perimeter and within developer processes, the integration with Zscaler delivers what is described as end-to-end protection against open-source malware in DevSecOps environments. Tyler Warden, Senior Vice President of Product at Sonatype, stated, "Enterprises are doubling down on zero trust strategies, and that must include open source software and AI governance. By combining ZIA with Sonatype's intelligence-driven policy-based blocking, teams can proactively quarantine risky components at the point of ingestion, reducing attack surface, manual effort, and remediation costs — while increasing coverage and strengthening governance." The Repository Firewall now also includes support for Docker registries, allowing organisations to extend malware and vulnerability protection to container images alongside traditional package formats. This ensures consistent security and compliance across various deployment methods, including virtual machines, Kubernetes clusters, and cloud-native architectures. Developers can receive feedback and protections, regardless of whether containers are used for testing or production deployment, all without altering their workflow. Another addition is support for Hugging Face AI models. This feature brings the capabilities of the Repository Firewall to AI and ML components, giving teams the ability to detect and block potentially malicious or non-compliant Hugging Face models before incorporation into development workflows. Earlier this year, Sonatype researchers identified and addressed vulnerabilities in 'picklescan', a security tool on Hugging Face, which had allowed malicious AI models to evade detection. By applying stringent checks to AI models similar to those used for traditional open-source packages, organisations can guard against emerging threats, such as malicious PyTorch pickle files and other risky model payloads that might otherwise appear harmless. With developers and data scientists increasingly adopting advanced AI tools and model libraries, the Firewall is positioned to help maintain security and compliance standards. The firewall has also been enhanced with an automated malware detection system that works at scale. A new suite of application programming interfaces provides real-time malware insights, enabling detection and blocking of malicious components during any stage of the software development lifecycle. Organisations can automate detection and enforcement tasks across continuous integration and continuous delivery pipelines, security tools, and threat prevention platforms. This flexibility allows teams to specify how and where to restrict risky components based on their environments and risk definitions. Sonatype reports that its Security Research Team is actively monitoring the evolving threat landscape. The company's Open Source Malware Index for the first quarter of 2025 indicates substantial growth in data exfiltration packages over the past year. Repository Firewall is intended to address these challenges without disrupting developers.
Globe and Mail
01-04-2025
- Business
- Globe and Mail
Zscaler Zero Trust Exchange Platform Deployed Across T-Mobile Operations
SAN JOSE, Calif., April 01, 2025 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, collaborated with T-Mobile in late 2023 to rapidly deploy hybrid zero trust throughout its operations. In just three months, T-Mobile implemented the Zscaler Zero Trust Exchange™ AI-powered cloud security platform, which is designed to secure access to applications and the internet, regardless of user location or device. Now, one year later, the roll-out has further secured the Un-carrier's infrastructure against potential cyber threats and over that time, T-Mobile is retiring its traditional VPNs. By reducing the need for traditional VPNs and providing secure and direct access to applications, T-Mobile's employees and other team members can access needed resources efficiently and effectively, whether they are in the office, at home or on the go. 'As T-Mobile is continually focused on making enhancements to our cybersecurity approach to stay ahead of bad actors, working with Zscaler to roll out these tools is another positive step forward in that mission,' said Jeff Simon, senior vice president and chief security officer, T-Mobile. 'Zscaler's tools help us ensure that only verified and authorized users and devices can securely access the systems they need to do their job — and nothing more. This is critical to significantly reducing the risk of cyber threats.' Modernizing Security with the Zscaler Zero Trust Exchange The Zscaler Zero Trust Exchange platform is designed to secure access to applications and the internet, regardless of user location or device. T-Mobile's deployment includes: Secure internet access with Zscaler Internet Access™ (ZIA™) to eliminate the need for backhauling, delivering full TLS/SSL traffic inspection and zero-trust access for internet and SaaS applications. Secure private access with Zscaler Private Access™ (ZPA™) to replace traditional VPNs and provide direct access to applications from any location. Advanced threat detection with Zscaler Deception technology to detect and neutralize threats by using decoys and false user paths to lure bad actors away from resources. Optimized User Experience with Zscaler Digital Experience™ (ZDX™) that detects and resolves issues with application connectivity and performance issues that could impact productivity. 'The Zscaler Zero Trust Exchange is a cloud native cybersecurity platform built on the concept of zero trust. Following the principle of least-privileged access, the platform establishes trust based on user identity and context — including location, device, application and content — and creates secure, direct user-to-app, app-to-app and machine-to-machine connections,' said Mike Rich, chief revenue officer and president of global sales at Zscaler. 'We're proud that Zscaler reduced T-Mobile's use of legacy firewalls and VPNs to enhance secure and efficient access to applications and information.' Watch a video from Zscaler and T-Mobile here. For more on the Zscaler Zero Trust Exchange, visit About Zscaler Zscaler (NASDAQ: ZS) accelerates digital transformation so customers can be more agile, efficient, resilient, and secure. The Zscaler Zero Trust Exchange™ platform protects thousands of customers from cyberattacks and data loss by securely connecting users, devices, and applications in any location. Distributed across more than 150 data centers globally, the SASE-based Zero Trust Exchange™ is the world's largest in-line cloud security platform.
Yahoo
06-03-2025
- Business
- Yahoo
Zscaler Inc (ZS) Q2 2025 Earnings Call Highlights: Strong Revenue Growth and Strategic Advancements
Revenue: $648 million, up 23% year over year and 3% sequentially. Annual Recurring Revenue (ARR): Over $2.7 billion, a 23% year-over-year growth. Net Retention Rate (NRR): Improved to 115%. Operating Profit Growth: 36% growth, with operating margin improving by 2 percentage points to nearly 22%. Free Cash Flow Margin: Record 22% for Q2. Gross Margin: 80.4%, compared to 80.8% in the year-ago quarter. Operating Expenses: Increased 19% year over year to $380 million. Cash and Investments: Approximately $2.9 billion in cash, cash equivalents, and short-term investments. Guidance for Q3 Revenue: Expected to be in the range of $665 million to $667 million, reflecting 20% to 21% year-over-year growth. Full Year Revenue Guidance: Expected to be in the range of $2.64 billion to $2.654 billion, reflecting approximately 22% year-over-year growth. Full Year Free Cash Flow Margin Guidance: Expected to be approximately 24.5% to 25%. Warning! GuruFocus has detected 3 Warning Sign with ZS. Release Date: March 05, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Zscaler Inc (NASDAQ:ZS) reported a 23% year-over-year revenue growth, surpassing guidance expectations. The company's annual recurring revenue (ARR) grew by 23% year over year, reaching over $2.7 billion. Operating profit increased by 36%, with operating margin improving by 2 percentage points to nearly 22%. Zscaler Inc (NASDAQ:ZS) achieved a record free cash flow margin of 22% for Q2. The company is seeing strong customer interest in its Zero Trust Branch solution, with 57% of purchases coming from new logo customers. Despite strong performance, there is ongoing scrutiny on large deals, reflecting tighter macroeconomic conditions. Gross margin slightly decreased to 80.4% compared to 80.8% in the previous year. The company noted that increased success in selling bigger bundles could reduce the dollar-based net retention rate in the future. There is a potential impact on sales productivity due to the complexity of closing large deals. Zscaler Inc (NASDAQ:ZS) faces competition from legacy security vendors, which could impact its market positioning. Q: How much of Zscaler's business is coming from CIA and secure web gateway replacements versus broader platform products? A: Jay Chaudhry, CEO, explained that ZIA was the starting point, often replacing blue code and other web gateways. However, the platform now commonly includes ZIA, ZPA, and ZDX. Recently, Zero Trust Branch has become an important starting point, with 57% of customers who bought it being new logos. Q: What proves that the go-to-market changes are making a difference and are durable? A: Ashwin Kesireddy, VP of Investor Relations, noted the strength of the pipeline, double-digit growth in new ACV, and increased C-level engagements in large enterprises as indicators of successful go-to-market changes. Q: Can you discuss the traction with customers opting out of legacy systems for Zero Trust Everywhere? A: Jay Chaudhry highlighted that customers are eager to embrace Zero Trust Branch, which simplifies branch security by eliminating firewalls and routers. A survey showed 96% of CXOs are ready to adopt this approach, indicating strong traction. Q: How is Zscaler addressing the scrutiny on large deals and macroeconomic challenges? A: Remo Canessa, CFO, stated that while macro conditions are tight, the demand for cybersecurity remains strong. Zscaler's ability to offer cost savings alongside Zero Trust cybersecurity is driving pipeline growth, with GSIs playing a crucial role in deal closures. Q: How does AI change Zscaler's competitive positioning and product offerings? A: Jay Chaudhry explained that AI is integrated into existing products and new offerings. Zscaler leverages its vast data to enhance AI-driven solutions like unified vulnerability management and data protection, positioning itself strongly in the evolving AI landscape. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
