Check Point Software Technologies Ltd - CHKP STOCK NEWS

Check Point Research has identified and mitigated a potential security issue related to Zoom's Vanity URLs, which hackers could exploit to send deceptive invitations appearing legitimate to steal user credentials. This discovery follows a previous collaboration in January aimed at fixing another vulnerability. The research highlights a significant surge in Zoom's usage during the COVID-19 pandemic, with daily participants rising from 10 million to over 300 million in April 2020. Check Point and Zoom have taken joint measures to enhance security and protect users globally.

Check Point Software Technologies (NASDAQ: CHKP) released its Global Threat Index for June 2020, revealing significant malware activity. The Phorpiex botnet surged to 2nd place, significantly increasing its impact, primarily through Avaddon ransomware malspam campaigns. Agent Tesla became the most prevalent malware, affecting 3% of organizations, while OpenSSL vulnerabilities were most exploited globally. The Phorpiex botnet has an estimated annual revenue of $500,000.

Check Point Software Technologies (NASDAQ: CHKP) has launched Infinity SOC, an innovative cybersecurity platform that integrates threat prevention, detection, investigation, and remediation. This state-of-the-art solution, powered by AI, helps security teams manage the overwhelming volume of event logs and alerts, which often includes many false positives. According to a survey, 68% of security professionals struggle with false alerts, impacting their ability to detect real threats. Infinity SOC aims to resolve this by delivering unmatched accuracy, rapid incident investigations, and zero-friction deployment, all within a single, cloud-based platform.

Check Point Software Technologies Ltd. (NASDAQ: CHKP) has partnered with Coursera, a major online learning platform, to enhance cybersecurity education. This collaboration features a series of cybersecurity courses aimed at security professionals and network administrators, including the Check Point Jump Start series. The initiative addresses the global cybersecurity skills gap, which has increased to 4.07 million unfilled roles. This partnership underscores Check Point's commitment to ongoing training for both current professionals and those entering the field.

Check Point Software Technologies Ltd. (NASDAQ: CHKP) has launched the 1570R rugged security gateway, enhancing cybersecurity for critical infrastructure and industrial control systems. This gateway offers 400 Mbps of threat prevention performance and supports over 1,500 SCADA and ICS protocols. The 1570R is designed for extreme environments, certified for temperatures from -40C to +75C, and ensures protection against a surge of targeted attacks that increased 20 times during 2019. The launch is timely, addressing rising cyber threats amid the Covid-19 pandemic.

Check Point (NASDAQ: CHKP) released findings from a survey by Dimensional Research indicating that the use of multiple security vendors complicates enterprise security. Key results reveal that 92% of security leaders find protecting IT assets challenging, and nearly half of organizations manage between 7 to 40 security solutions. A striking 79% of professionals report difficulties with vendor management. The survey underscores the need for a consolidated cybersecurity approach to enhance security assurance, especially in light of the evolving threat landscape exacerbated by COVID-19.

Check Point Software Technologies (CHKP) has launched CloudGuard, a fully automated cloud security platform designed to protect cloud deployments and workloads. The platform addresses security challenges heightened by the rapid migration to the cloud, especially during the Covid-19 pandemic. CloudGuard simplifies and unifies security across multiple cloud environments, providing advanced threat prevention, cloud security posture management, and automated security for various workloads. Updates to CloudGuard with these capabilities are available now.