Check Point Software Technologies Sponsors The Smart Factory @ Wichita by Deloitte to Demonstrate the Need for an Integrated Cyber Security Approach

Rhea-AI Summary

Check Point Software Technologies (NASDAQ: CHKP) has announced its sponsorship of The Smart Factory @ Wichita, an immersive experience center by Deloitte. This partnership highlights the critical need for cyber security in smart factories as manufacturers adopt Industry 4.0 technologies. With cyber attacks in the US rising over 300% in the last nine months, Check Point aims to strengthen the security framework for manufacturing infrastructures. The initiative seeks to enhance productivity and sustainability while minimizing risks associated with digital transformations.

Positive

• Sponsorship of The Smart Factory @ Wichita to enhance cyber security in manufacturing.
• Addressing the critical rise in cyber threats, over 300% increase in 9 months.
• Collaboration with Deloitte aims to improve quality, productivity, and sustainability in smart factories.

Negative

• None.

SAN CARLOS, Calif., July 06, 2021 (GLOBE NEWSWIRE) -- Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a leading provider of cyber security solutions globally, today announced it has become a sponsor of The Smart Factory @ Wichita, a new Industry 4.0 immersive experience center by Deloitte. The sponsorship identifies the need for cyber security as a core component of any secure smart factory and enables Check Point customers’ access to experience the advanced manufacturing methods and technologies at the heart of digital transformation.

As a sponsor, Check Point Software will work with Deloitte to advance the execution of smart factories and enable manufacturers to adopt Industry 4.0 technologies that boost quality, productivity and sustainability, in a digitally secure manner. As part of the sponsorship, Check Point will leverage the powerful ecosystem of The Smart Factory @ Wichita to help customers secure their manufacturing infrastructures and supply chains. From augmented workforce efficiency through asset intelligence to smart warehousing solutions, the digital transformations that manufacturers are undertaking requires a comprehensive cyber security architecture to keep every element of a smart factory safe from ransomware attacks and hackers.

“The increasing connectivity of smart factories and the convergence of OT and IT networks expands the attack surface of industrial manufacturing and critical infrastructure facilities,” says Dan Yerushalmi, Chief Customer Officer at Check Point Software Technologies. “Cyber attacks in the US alone have increased over 300% in the past 9 months creating the need for consolidated cyber security architecture that minimizes risk exposure across IT and OT environments, and blocks attacks before they reach critical assets.”

The Smart Factory @ Wichita is a highly digitized, connected production facility that uses technologies such as artificial intelligence (AI), Internet of Things (IoT) and robotics to help companies manufacture products, create new business value, unlock data-driven insights, and automate or eliminate business processes. These technologies enable people to do their jobs in a more productive and efficient manner while improving quality and overall safety. The Smart Factory @ Wichita will bring secure digital transformations to life by demonstrating how to merge existing technologies with new innovations, sparking a dialogue about how companies can accelerate their journeys toward scalable and sustainable capabilities.

“We are thrilled to have Check Point Software onboard as a Builder sponsor of the Smart Factory @ Wichita to accelerate the secure adoption of Industry 4.0 technologies and the value it can bring to manufacturers across their business ecosystem,” said Stephen Laaper, principal, Deloitte Consulting LLP. “The integrated cyber approach that Check Point brings to the Smart Factory @ Wichita, and the combined power and effort of our sponsors will enhance the experience and outcome available to clients that walk through the factory doors, accelerating the speed and adoption of a secure digital transformation for their organization.”

To learn more about the partnership, please visit:
https://www.checkpoint.com/partners/global-systems-integrator/deloitte/

About Check Point Software Technologies Ltd.
Check Point Software Technologies Ltd. (www.checkpoint.com) is a leading provider of cyber security solutions to governments and corporate enterprises globally. Its Infinity portfolio of solutions protects enterprises and public organizations from 5th generation cyber-attacks with an industry leading catch rate of malware, ransomware and other threats. Check Point Infinity comprises three core pillars delivering uncompromised security and generation V threat prevention across enterprise environments: Check Point Harmony, for remote users; Check Point CloudGuard, to automatically secure clouds; and Check Point Quantum, to protect network perimeters and datacenters, all controlled by the industry’s most comprehensive, intuitive unified security management. Check Point protects over 100,000 organizations of all sizes.

About Deloitte
Deloitte provides industry-leading audit, consulting, tax and advisory services to many of the world’s most admired brands, including nearly 90% of the Fortune 500® and more than 7,000 private companies. Our people come together for the greater good and work across the industry sectors that drive and shape today’s marketplace — delivering measurable and lasting results that help reinforce public trust in our capital markets, inspire clients to see challenges as opportunities to transform and thrive, and help lead the way toward a stronger economy and a healthier society. Deloitte is proud to be part of the largest global professional services network serving our clients in the markets that are most important to them. Building on more than 175 years of service, our network of member firms spans more than 150 countries and territories. Learn how Deloitte’s more than 330,000 people worldwide connect for impact at www.deloitte.com.

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the “Deloitte” name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.

Ana Perez
Check Point Software
415-299-7767
press@us.checkpoint.com

FAQ

What is Check Point Software's recent announcement regarding CHKP stock?

Check Point Software announced its sponsorship of The Smart Factory @ Wichita, emphasizing the importance of cyber security in smart manufacturing.

How has the partnership with Deloitte impacted Check Point Software's strategy?

The partnership aims to advance the secure adoption of Industry 4.0 technologies, enhancing the security framework for manufacturers.

What cybersecurity challenges are highlighted by Check Point Software in the recent PR?

The PR outlines a 300% increase in cyber attacks in the US over the past nine months, stressing the need for improved cybersecurity measures.

What benefits does Check Point Software anticipate from the Smart Factory @ Wichita?

Check Point expects to enhance manufacturers' productivity and sustainability while minimizing risks through advanced cyber security solutions.