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Check Point Software Technologies Triumphs in Miercom’s 2024 Next Generation Firewall Benchmark Report

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Check Point Software Technologies Ltd. (NASDAQ: CHKP) achieved a 99.8% block rate on Zero+1 day Malware and a 100% phishing prevention score in Miercom’s Next Generation Firewall Security Benchmark 2024 report, outperforming competitors. The company's Infinity Platform excels in advanced threat prevention, with a 0.13% False Positive Detection rate and industry-leading phishing prevention. The report highlights Check Point's superior performance in immediate prevention of new malware, with a 99.8% prevention rate, as well as its top phishing prevention rate of 100%. Eyal Manor, VP of Product Management at Check Point, emphasizes the platform's ability to preemptively block zero-day malicious exploits and malware.
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Check Point Software Technologies Ltd.'s recent performance in Miercom's NGFW Security Benchmark 2024 report indicates a significant technological advantage in the cybersecurity space. The reported 99.8% block rate on Zero+1 day Malware and 100% phishing prevention score surpass industry averages by a considerable margin. This level of efficacy in preventing new malware infections and phishing attacks is critical for enterprise clients who face constant threats from cybercriminals deploying sophisticated ransomware and other malicious exploits.

From a cybersecurity standpoint, these results suggest that Check Point's Infinity Platform may be setting a new standard for threat prevention, which is increasingly important as cyber threats evolve. The low false positive rate of 0.13% also highlights the platform's precision, reducing the likelihood of legitimate operations being mistakenly flagged as security threats, which can be a significant source of inefficiency for businesses.

For stakeholders, the implications are two-fold. In the short-term, enterprises using Check Point's services could see reduced operational disruptions and potentially lower incident response costs due to preemptive threat blocking. In the long-term, Check Point's demonstrated capabilities may lead to increased market share and customer loyalty, as businesses seek out the most effective cybersecurity solutions to protect their assets.

The high performance metrics reported by Check Point could have a favorable impact on investor sentiment. In the cybersecurity market, where performance is closely tied to customer acquisition and retention, Check Point's industry-leading results could translate into competitive advantage and potentially higher revenues. The certification by Miercom also serves as a third-party validation of Check Point's technology, which can be persuasive in marketing and sales efforts.

Investors should note that Check Point's stock (NASDAQ: CHKP) may see increased interest as the market digests these results. The superior performance in critical security tests may also contribute to Check Point's bargaining power in contract negotiations with new and existing clients, possibly leading to more favorable terms and pricing power.

However, investors must also consider the dynamic nature of the cybersecurity industry. Competitors are likely to respond with improvements in their own technologies and the high standards set by Check Point now may need to be continuously improved upon to maintain their market position.

Check Point's achievement in Miercom's benchmarking tests reflects a broader trend in the cybersecurity industry towards advanced AI-powered and cloud-delivered security platforms. The ability to preemptively block zero-day exploits and malware is becoming a critical differentiator as businesses look to protect against the financial and reputational damage caused by cyberattacks.

Understanding the market's response to such technological advancements is crucial. If Check Point's Infinity Platform maintains its performance lead, it could influence procurement decisions in sectors that are particularly vulnerable to cyber threats, such as finance, healthcare and government. This could also prompt competitors to accelerate their own R&D efforts to keep pace, potentially leading to a surge in innovation within the industry.

Additionally, the shift towards platforms that integrate various security functions—like anti-virus, IPS, anti-bot and URFL—into a cohesive system is likely to continue, as businesses seek to simplify and strengthen their security postures. Check Point's reported effectiveness across these functions suggests that they are well-positioned to capitalize on this trend.

Check Point demonstrated a block rate of 99.8% on new malware, a flawless 100% phishing prevention rate, and an industry-leading lowest False Positive Detection rate of 0.13%

SAN CARLOS, Calif., Feb. 05, 2024 (GLOBE NEWSWIRE) -- Check Point Software Technologies Ltd. (NASDAQ: CHKP), a leading AI-powered, cloud-delivered cyber security platform provider, revealed today that its Check Point Infinity Platform has achieved an outstanding 99.8% block rate on Zero+1 day Malware, and a 100% phishing prevention score in Miercom’s Next Generation Firewall (NGFW) Security Benchmark 2024 report. By comparison, the average new malware block rate for the other four security vendors was 69.2%. Miercom, a leading independent network and security testing organization, put the industry's top five firewalls through a series of intense malware and phishing prevention tests to rate the security efficacy of each product.

“Based on our head-to-head competitive test findings and observations, we can see that Check Point’s Infinity Platform excels in all the security efficacy testing categories. Check Point’s next generation firewall was superior in advanced threat prevention and offers the best protection against the latest generation of cyberattacks including Zero+1 Day new Malware. Check Point did exceptionally well at blocking attacks in the first 24 hours, which is the window of highest risk for enterprises”, said Rob Smithers, CEO at Miercom.

Smithers also notes that, “Check Point’s industry-leading block rate enables enterprises to effectively prevent new malware from entering and spreading across their networks, servers, and endpoints, saving them time, money, stress, and resources. As a result, we proudly award Check Point with the Miercom Certified Secure certification in recognition of their superior competitive performance and exceptional value.”

“The Check Point Infinity platform continuously sets new threat prevention benchmarks for the cyber security industry,” said Eyal Manor, VP of Product Management at Check Point Software. “These Miercom results validate our exceptional ability to accurately detect and block new malware, especially against increasingly sophisticated ransomware tactics. A key differentiator for our Infinity Platform is the ability to preemptively block zero-day malicious exploits and malware.” 

Miercom’s testing included verifying the effectiveness of anti-virus, Intrusion Prevention System (IPS), anti-bot, URL Filtering (URFL), sandboxing, machine learning, and phishing protection.

The report includes the following highlights:

  • Critical Prevention Rate in the first 24 hours: Check Point led in the group test for immediate prevention of total Zero+1 Day malware samples
  • Best Block Rate at 99.8%: In the Zero+1 Day Malware Prevent (First to Block) Results Check Point led with a 99.8% prevention rate while competitors were as low as 48%
  • Lowest False Positive Rate at 0.13%: In False Positive Malware Detection Tests, where content is falsely reported as malicious, Check Point led the group with the lowest false positive detection rate which also means the highest accuracy rate.
  • Top phishing prevention rate of 100%: In Phishing Prevention Tests, Check Point demonstrated the best overall prevention against phishing URLs, making use of advanced AI deep learning and global threat prevention. Competitor’s miss rates were as high as 469 per 1000 phishing attacks

Download a copy of the report here

* “Zero+1 Day” refers to new malware, within their first 24 hours upon first detection.

Follow Check Point via:
LinkedIn: https://www.linkedin.com/company/check-point-software-technologies
Twitter: https://www.twitter.com/checkpointsw
Facebook: https://www.facebook.com/checkpointsoftware
Blog: https://blog.checkpoint.com
YouTube: https://www.youtube.com/user/CPGlobal

About Check Point Software Technologies Ltd. 
Check Point Software Technologies Ltd. (www.checkpoint.com) is a leading AI-powered, cloud-delivered cyber security platform provider protecting over 100,000 organizations worldwide. Check Point leverages the power of AI everywhere to enhance cyber security efficiency and accuracy through its Infinity Platform, with industry-leading catch rates enabling proactive threat anticipation and smarter, faster response times. The comprehensive platform includes cloud-delivered technologies consisting of Check Point Harmony to secure the workspace, Check Point CloudGuard to secure the cloud, Check Point Quantum to secure the network, and Check Point Infinity Core Services for collaborative security operations and services.

About Miercom
Miercom has published hundreds of network product analysis reports in leading trade periodicals and other publications. Miercom’s reputation as the leading, independent product test center is undisputed. Private test services available from Miercom include competitive product analysis, and product evaluations. Miercom features comprehensive certification and test programs.

Miercom Media Contact: chodapp@miercom.com

MEDIA CONTACT:INVESTOR CONTACT:
Ana PerezKip E. Meintzer
Check Point Software TechnologiesCheck Point Software Technologies
press@checkpoint.comir@checkpoint.com

FAQ

What is Check Point Software Technologies Ltd.'s ticker symbol?

Check Point Software Technologies Ltd.'s ticker symbol is CHKP.

What is the block rate achieved by Check Point on Zero+1 day Malware?

Check Point achieved a 99.8% block rate on Zero+1 day Malware.

What is the phishing prevention score achieved by Check Point in Miercom’s Next Generation Firewall Security Benchmark 2024 report?

Check Point achieved a 100% phishing prevention score in Miercom’s Next Generation Firewall Security Benchmark 2024 report.

What is the False Positive Detection rate of Check Point?

Check Point has a False Positive Detection rate of 0.13%.

What is the significance of 'Zero+1 Day' in the context of new malware?

"Zero+1 Day" refers to new malware within their first 24 hours upon first detection.

Check Point Software Technologies Ltd

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