Latest news with #ZeroTrust
Globe and Mail
10 hours ago
- Business
- Globe and Mail
Should You Buy, Sell or Hold ZS Stock After a 46% Rise in 3 Months?
Zscaler, Inc. ZS shares have climbed 46% in the past three months, outperforming the Zacks Security industry's return of 10.7%. ZS stock has also outperformed its industry peers, including CyberArk Software CYBR, Palo Alto Networks PANW and CrowdStrike CRWD. Shares of CyberArk, Palo Alto Networks and CrowdStrike have risen 8.3%, 4.8% and 23.2%, respectively, over the past three months. With Zscaler's massive rise in the past three months, investors now face a key decision: Should they hold on to the stock or book a profit? ZS is Growing Through its Deep Cybersecurity Capabilities Zscaler has achieved multiple milestones in 2025. ZS launched the Asset Exposure Management solution to enhance organizations' asset risk management capabilities. Zscaler has also partnered with SAP to integrate its Zero Trust Network Access service, Zscaler Private Access, within SAP's RISE framework. This integration will enable enterprises to reduce their reliance on traditional VPNs and firewalls and simplify cloud migrations while complying with evolving regulations. ZS has also expanded its capabilities inorganically with the acquisition of Red Canary, which is a leading provider of Managed Detection and Response solutions in security operations. The organic and inorganic expansion of capabilities is enabling Zscaler to match the rising threats of nation-state cyber warfare, ransomware extortion and increasing incidents of malware attacks. Zscaler is also enhancing its portfolio of offerings with the integration of artificial intelligence (AI) in its products. Zscaler partnered with NVIDIA and integrated NVIDIA's AI technologies, including NIM inference microservices, NeMo Guardrails and Morpheus framework into its Zero Trust Security model. Zscaler partnered with CrowdStrike to leverage CrowdStrike's AI expertise in SIEM, threat intelligence, cyber risk quantification and real-time insights. With all these product and capability enhancements, the demand for Zscaler's cybersecurity solutions remains strong as reflected by its financials. In the third quarter of fiscal 2025, ZS attained a 12-month trailing dollar-based retention rate of 114%, driven by larger bundle sales and robust upsells. Remaining Performance Obligations, which represent committed, non-cancelable future revenues, were boosted by 30% year over year. At the end of the third quarter, the company had 642 customers with $1 million or higher annualized recurring revenues (ARR). Zscaler's customer count for ARR of more than $100,000 reached 3,363 at the end of the third quarter. Zscaler Expands its Footprint in Government Client Base Zscaler is rapidly enhancing its GovCloud solutions to receive approvals from the governing bodies. ZS is expanding its presence among government agencies through compliance with government security standards. Zscaler has enabled numerous government agencies to utilize AI-powered Cloud Browser Isolation and IPv6 for secure connectivity, mainstreaming its GovCloud solution among its federal clients. In the last reported quarter, Zscaler reported that it is serving 14 out of 15 U.S. cabinet-level agencies. As more government agencies use Zscaler's products, the company's presence in the public sector could expand, providing a stable growth stream. Zscaler's recent inclusion in Amazon Web Services' Internet Control Message Protocol, which will ensure that Zscaler's cybersecurity solutions will now be readily accessible to U.S. federal agencies, furthers its reach among federal agencies. Rising Costs and Shrinking Margins are a Concern for ZS Zscaler faces intense competition from other established cybersecurity players, including Palo Alto Networks, CyberArk and CrowdStrike. Zscaler Internet Access and Private Access face competition from Palo Alto Networks Prisma Access, Prisma SD-WAN, CrowdStrike Falcon Zero Trust, CyberArk Secure Web Sessions and CYBR Identity Security Platform. To survive in the highly competitive cybersecurity market, Zscaler is continuously investing in broadening its capabilities. Over the past few years, ZS has invested heavily to enhance its S&M capabilities, particularly by increasing the sales force. Unfortunately, its aggressive investment in S&M and R&D might weigh on its near-term profitability. Zscaler now expects its non-GAAP earnings per share for fiscal 2025 in the band of $3.18-$3.19. The Zacks Consensus Estimate for Zscaler's fiscal 2025 earnings is pegged at $3.06 per share, reflecting a 4% year-over-year decline. Image Source: Zacks Investment Research Premium Valuation is a Concern for Zscaler Zscaler holds a premium valuation, reflected in its Zacks Value Score of F. This is further reinforced by its Forward 12-month P/S ratio of 13.92X, significantly exceeding the Zacks Computer and Technology sector's average of 5.54X. Conclusion: Hold ZS Stock for Now Although Zscaler faces challenges related to increasing expenses, shrinking margins and premium valuation, the company's heavy investment in AI, innovative cybersecurity capabilities, customer retention and long-term contracts with government agencies make the stock worth retaining at present. Zscaler carries a Zacks Rank #3 (Hold) at present. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Zacks Names #1 Semiconductor Stock It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom. With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028. See This Stock Now for Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Palo Alto Networks, Inc. (PANW): Free Stock Analysis Report CyberArk Software Ltd. (CYBR): Free Stock Analysis Report Zscaler, Inc. (ZS): Free Stock Analysis Report CrowdStrike (CRWD): Free Stock Analysis Report
Yahoo
18 hours ago
- Business
- Yahoo
Illumio Simplifies Zero Trust in Critical Infrastructure with NVIDIA Accelerated Computing
Integration of Illumio Platform with NVIDIA BlueField DPUs delivers robust Zero Trust solution across converged IT/OT environments and high-performance computing SUNNYVALE, Calif., June 02, 2025 (GLOBE NEWSWIRE) -- Illumio Inc., the breach containment company, today announced a strategic integration with NVIDIA to help critical infrastructure organizations strengthen protections and advance their Zero Trust posture. The collaboration integrates the NVIDIA BlueField networking platform with Illumio's breach containment platform, delivering robust security and operational efficiency across converged IT and Operational Technology (OT) environments. Critical infrastructure organizations can now deploy Illumio directly on NVIDIA BlueField, providing security teams with a comprehensive view of network dependencies and precise security controls at both the host and network level. Organizations can gain deep visibility into traffic, protect critical assets, and use NVIDIA BlueField DPUs as effective Zero Trust enforcement points, dramatically simplifying the protection of critical systems and ensuring operational continuity while meeting stringent compliance requirements. In the future, they will also be able to use Illumio's AI-driven insights to identify risks and attacker patterns, enabling rapid detection of threats in ICS and OT environments. The collaboration comes amid rising threats and increased regulatory pressure globally to strengthen cyber resilience and reduce operational risk to OT infrastructure. Key benefits to organizations include: Visibility and policy enforcement for traffic within and between IT and OT layers: Visualize all traffic to and from OT systems equipped with NVIDIA BlueField, using Illumio's flexible labeling architecture to understand how systems communicate across the entire infrastructure. Rapid deployment of Zero Trust for critical infrastructure: Easily extend Zero Trust segmentation to OT and ICS environments, reducing deployment complexity, accelerating time to value, and containing breaches by mitigating lateral movement risks. Improved compliance and operational resilience: Identify assets and threats, monitor traffic, and enforce security policies across converged IT/OT environments with no impact to system performance or architectural overhauls. Organizations get consistent and reliable microsegmentation across diverse environments without compromising uptime or resiliency. 'The integration between Illumio and NVIDIA will significantly strengthen security for cyber-physical systems and bring us closer to achieving our vision of a world without cyber disasters,' says Todd Palmer, Senior Vice President of Global Partner Sales and Alliances, Illumio. 'Critical infrastructure is under threat like never before. Together with NVIDIA, we're making it easier for organizations to protect critical systems, ensure operational continuity, and meet stringent compliance requirements in an increasingly complex landscape.' "Cyber risks against critical infrastructure are more sophisticated and disruptive than ever, and lateral movement remains a key factor in successful attacks,' says Ofir Arkin, Senior Distinguished Architect for Cybersecurity at NVIDIA. 'Integrating the Illumio and NVIDIA BlueField platforms enables organizations to enhance visibility and control across IT and OT networks, reduce risk, contain attacks, and strengthen operational resilience.' Recognized as a leader in The Forrester Wave™: Microsegmentation Solutions, Q3 2024, Illumio is a trusted, dedicated segmentation vendor in the NVIDIA partner ecosystem, delivering a robust cybersecurity platform dedicated to containing breaches. Built on an AI security graph, and comprising Illumio Insights (AI cloud detection and response) and Illumio Segmentation (Zero Trust Segmentation), the platform empowers organizations to identify risks, and contain threats instantly, enabling a Zero Trust strategy. To witness the integration between Illumio and NVIDIA in action, visit the Illumio booth (E30) at Infosecurity Europe in London, happening from June 3–5. More information here: About Illumio Illumio is the leader in ransomware and breach containment, redefining how organizations contain cyberattacks and enable operational resilience. Powered by the Illumio AI Security Graph, our breach containment platform identifies and contains threats across hybrid multi-cloud environments – stopping the spread of attacks before they become as a Leader in the Forrester Wave™ for Microsegmentation, Illumio enables Zero Trust, strengthening cyber resilience for the infrastructure, systems, and organizations that keep the world running. Illumio Contact: comms-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Zawya
6 days ago
- Business
- Zawya
Redington offers Illumio Segmentation to stop breaches from becoming cyber disasters
Dubai, United Arab Emirates — Redington, a leading technology aggregator and innovation powerhouse across emerging markets, today announced a new distribution partnership with Illumio, the breach containment company. The partnership will see Redington work with Illumio to evolve its channel strategy, drive partner enablement, and accelerate go-to-market momentum for Illumio Segmentation, helping organizations across the region reduce risk, contain attacks, and stop cyberattacks from turning into cyber disasters. Despite record spending on cybersecurity, the volume, cost, and impact of cyberattacks continue to rise. Ransomware and other threats bypass perimeter defenses, with attackers exploiting vulnerabilities in hybrid and multi-cloud environments to move across networks and reach critical data, assets, and infrastructure. Illumio Segmentation proactively protects critical assets, contains attacks, and enhances cyber resilience. By applying the principles of Zero Trust to stop lateral movement across multi-cloud and hybrid infrastructure, it enables organizations to protect critical resources and prevent the spread of cyberattacks. 'Our partnership with Illumio reflects Redington's continued commitment to bringing the most advanced and relevant cybersecurity solutions to our partners and customers,' said Dharshana Kosgalage, Executive Vice President, Technology Solutions Group, Redington. 'In today's threat landscape, Zero Trust Segmentation is no longer optional—it's essential. Through our extensive channel ecosystem, we will accelerate access to this critical technology, enabling partners to drive real cyber resilience for their customers.' Recognized as a leader in The Forrester Wave™: Microsegmentation Solutions, Q3 2024 report, Illumio Segmentation is proven to strengthen cyber resilience and reduce the impact of attacks. A Forrester Total Economic ImpactTM report shows Illumio reduces the blast radius of attacks by 66%, saving $1.8 million in decreased risk exposure. Ransomware emulations from Bishop Fox also show Illumio stops attacks from spreading nearly four times faster than detection and response capabilities alone. 'Breaches today are inevitable, but disasters don't have to be,' said Sam Tayan, Director of Sales for Middle East, Turkey and Africa (META) at Illumio. 'Illumio Segmentation provides a simple and effective way to contain threats, minimize risk, and build resilience, so that organizations can thrive without fear of cyber disasters. We're thrilled to partner with Redington to jointly deliver value to customers and empower them to stay agile in the face of today's cyberthreats.' Illumio Segmentation sits alongside Illumio Insights as part of the Illumio Platform, the first cybersecurity platform dedicated to containing breaches built on an AI security graph. Illumio Insights is an AI-powered cloud detection and response (CDR) offering that helps organizations quickly identify risks and detect threats. With both Insights and Segmentation, security teams can shrink the attack surface, detect threats, and contain breaches in real time. To ensure the successful adoption of Illumio Segmentation, Redington is going beyond basic enablement—arming its channel partners with deep technical training, strategic advisory, and hands-on deployment support. By blending cybersecurity expertise with real-world application scenarios, Redington is helping partners not only sell Illumio, but also become trusted advisors in breach containment, accelerating business growth and elevating their value in the cybersecurity ecosystem. About Redington Redington is a thriving technology solutions provider with over US$11 billion in revenues, with a network of 450+ international brands across 40 markets in the IT space. Redington was ranked 7th globally by renowned research firm Canalys based on 2023 revenues. It is projected to be one of the fastest-growing distributors in the world. Redington not only bridges the gap between innovation and adoption; it masterfully navigates and dissolves the complexities of technology friction—the multifaceted challenges that emerge as technology evolves and integrates into various markets. Addressing key market, technology, and knowledge frictions, Redington empowers businesses to thrive in complex and evolving landscapes. By transforming these frictions into opportunities, we drive profound technological impact and accessibility. Redington ensures seamless distribution across IT/ITeS, Telecom, Lifestyle, and Solar sectors in regions including India, South East Asia, the Middle East, Africa, and Turkey. Redington Media Contact: Janees Reghelini Senior Communications and Media Manager Redington MEA Email:
Zawya
6 days ago
- Business
- Zawya
CyberKnight and ON2IT bring Zero Trust as a Service to META
Dubai, UAE — CyberKnight, the Middle East's value-added distributor dedicated to Zero Trust security, and ON2IT, the pioneer of Zero Trust as a Service (ZTaaS), today announced a strategic partnership. The collaboration is aimed at helping enterprise and government organizations across the Middle East, Turkey and Africa (META) move away from perimeter-based defenses. Their unified Zero Trust framework lowers cyber-risk, bolsters compliance and reduces operational cost. ' The Zero Trust approach delivers the resilience to mitigate cyber risk, enables modern business capabilities and a hybrid workforce, and provides the flexibility to enable appropriate access methods, while removing implicit access based on location. By 2026, 10 percent of large enterprises will have a mature and measurable Zero Trust program in place, up from less than 1 percent today.' — Gartner 'Zero Trust is no longer optional.' — Forrester, Chase Cunningham, Principal Analyst These analyst findings underline an urgent reality: in a fast-changing world defined by AI-driven threats and escalating geopolitical tensions, Zero Trust has become a business necessity, not a 'nice-to-have'. (Forrester, Information Week Prevention, Not Just Detection ON2IT's Managed Detection & Response (MDR) service runs on its AUXO™ security platform, which ingests log data from any IT, OT or cloud source -without the complexity of a traditional SIEM. Each event is analyzed both in real time and retrospectively against the AUXO Threat Intel Feed™. It's then routed through EventFlow™ and, when necessary, escalated to ON2IT's 24/7 SOC. The result is a prevention-first approach that blocks attacks before they escalate while cutting data-storage overhead and tool sprawl. Executive Commentary 'Current security stacks weren't built for today's cyber war,' said Wael Jaber, Chief Strategy Officer at CyberKnight. 'By adding ON2IT's Zero Trust as a Service to our portfolio, we give META customers direct access to globally proven Zero Trust Readiness, Fast Track and Coaching services, empowering them to adopt Zero Trust with confidence, clarity and ease.' 'CyberKnight and ON2IT are proud to join forces to offer globally leading Zero Trust consulting services across the Middle East and Africa,' said Marcel van Eemeren, CEO & Co-founder of ON2IT. 'With a decade of Zero Trust leadership and a SOC-driven, prevention-first approach, ON2IT delivers modular, scalable services tailored to each organization's unique needs. Through this partnership, META organizations gain the same Zero Trust strategies trusted by global leaders and mandated by governments, no SIEM required, no trade-offs made.' About CyberKnight: CyberKnight Technologies is a cybersecurity focused value-added-distributor (VAD), headquartered in Dubai, covering the Middle East with on-the-ground presence in all key Middle East markets. Our ZTX (Zero Trust Security) methodology, based on the Forrester framework, incorporates emerging and market-leading cybersecurity solutions that protect the entire attack surface, by leveraging AI, to help security teams at enterprise and government customers fortify breach detection, accelerate incident response & remediation, while addressing regulatory compliance. CyberKnight's Art of Cybersecurity Distribution methodology enables strategic partners to achieve greater market penetration, return-on-investment, and time-to-value. About ON2IT: Since 2005 ON2IT has delivered 24/7 managed cybersecurity through its global MDR service and proprietary AUXO™ platform. As the leader in Zero Trust as a Service, ON2IT combines proactive threat detection, rapid response and intelligent automation to minimize risk and maximize resilience, ensuring your cybersecurity is always on and ahead.
Globe and Mail
7 days ago
- Business
- Globe and Mail
Zscaler to Host Innovations Briefing for Investors at Zenith Live 2025
SAN JOSE, Calif., May 27, 2025 (GLOBE NEWSWIRE) -- Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, today announced that the company will host an innovations briefing for investors on June 3, 2025. The briefing will take place in Las Vegas, Nevada, during the company's Zenith Live 2025 event. Zscaler Investor Innovations Briefing - Zenith Live 2025 Tuesday, June 3, 2025 11:30 a.m. PT (2:30 p.m. ET) The briefing is scheduled to conclude before 2:00 p.m. PT (5:00 p.m. ET). A live webcast and replay will be available on the Investor Relations section of the Zscaler website at 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. Zscaler™ and the other trademarks listed at are either (i) registered trademarks or service marks or (ii) trademarks or service marks of Zscaler, Inc. in the United States and/or other countries. Any other trademarks are the properties of their respective owners.
