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Csp Inc - CSPI STOCK NEWS

Welcome to our dedicated page for Csp news (Ticker: CSPI), a resource for investors and traders seeking the latest updates and insights on Csp stock.

CSP Inc. (NASDAQ: CSPI) is at the forefront of tackling some of the most demanding challenges in computing, including performance, availability, and security concerns. As an industry leader, CSPI provides both hardware and service solutions, operating through two main pillars: the High-Performance Products Division and the Technology Solutions Division.

The High-Performance Products Division is known for its Myricom ARC series network adapters, which play a crucial role in financial trading, video and multimedia production, and packet capture. These high-performance products are essential in industries requiring fast and reliable network solutions.

In the Technology Solutions Division, the focus is on IT and cybersecurity services. This division is split into two primary areas:

  • IT Professional Services: This segment offers comprehensive IT managed services, including 24/7 monitoring and expert support to help businesses manage and secure their IT infrastructure efficiently.
  • Security Services: Known for its advanced
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ARIA Cybersecurity Solutions, a CSPi business (NASDAQ:CSPI), has been selected by Worldwide Technology (WWT) to supply its AZT PROTECT™ solution to customers. This partnership gives ARIA access to WWT's large customer base, particularly in operational technology (OT) environments and critical infrastructure. The AZT PROTECT™ solution, launched in July 2023, is designed to stop sophisticated cyberattacks without relying on frequent updates or patching. ARIA's CEO, Gary Southwell, highlighted the increasing prevalence of attacks on critical infrastructure and the need for effective defense solutions. The partnership aims to address the growing cybersecurity challenges faced by critical infrastructure providers worldwide.

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ARIA Cybersecurity Solutions, a CSPi business (NASDAQ:CSPI), has been selected to present at the Rockwell Automation Fair in Anaheim, California, from November 18th to 21st. The event will focus on industrial automation challenges, particularly the rise in cybersecurity attacks on critical infrastructure. ARIA will showcase its AZT PROTECT™ solution and present on measuring cybersecurity risks in industrial operations.

ARIA CEO Gary Southwell will discuss attack techniques, their financial impact, and how companies can comply with new insurance and regulatory requirements. Since 2021, ARIA has detected over 700 attacks similar to the Colonial Pipeline incident. The company is collaborating with Rockwell to bring new solutions to manufacturing environments, complementing existing defenses and addressing gaps in security.

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ARIA Cybersecurity Solutions, a CSPi business (NASDAQ:CSPI), offers AZT PROTECT to prevent outages caused by flawed cloud-based updates, like the recent CrowdStrike-induced Windows outage on July 19, 2024. This lightweight agent can be deployed alongside existing protection systems to:

  • Stop untested updates from automatically implementing on critical systems
  • Catch sophisticated attacks missed by other vendors
  • Allow time for proper testing of software updates
  • Protect critical infrastructure without requiring frequent updates

AZT PROTECT uses a different approach that doesn't rely on constant updates, enabling companies to apply best practices in testing cybersecurity updates before deployment while maintaining protection against attacks.

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ARIA Cybersecurity Solutions, a CSPi business (NASDAQ:CSPI), has announced a strategic partnership with Forescout Technologies to enhance the protection of production applications from sophisticated cyberattacks. The integration involves ARIA's AZT PROTECT zero trust solution and the Forescout Platform, providing unprecedented visibility and security for critical operational technology (OT) environments.

The AZT PROTECT solution focuses on stopping malware, ransomware, and nation-state-backed attacks, ensuring enhanced protection through detailed analytics and real-time neutralization of threats. This collaboration aims to offer comprehensive monitoring, control, and compliance reporting, reducing vulnerability exploits to near zero by utilizing a patented AI-driven technique.

The partnership promises to benefit Forescout's customers by delivering detailed application and device-level monitoring, automated attack halting, and enforced protection policies. ARIA CEO Gary Southwell highlighted the advantages of this integration, emphasizing its effectiveness against zero-day and supply chain attacks without the need for constant security patching.

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ARIA Cybersecurity, a business unit of CSPi (NASDAQ:CSPI), announced that its AZT PROTECT application has won its ninth major industry award within nine months of its launch. The latest recognition comes from the 2024 Fortress Cybersecurity Awards in the 'Application Security' category. AZT PROTECT is designed to protect operational technology (OT) environments from sophisticated cyberattacks, including nation-state and supply-chain threats, without relying on constant cloud updates and patching. It has been deployed in various sectors, such as manufacturing, healthcare, government, and financial services. The solution has gained previous accolades from the Cybersecurity Excellence Awards, Global InfoSec Awards, and Globee Awards for Cybersecurity.

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ARIA Cybersecurity Solutions announced a partnership with Ebryx, recognizing Ebryx as a premier Managed Security Service Provider (MSSP).

Ebryx will deploy ARIA's AZT PROTECT™ as a managed service, targeting high-value critical infrastructure customers in North America, EMEA, and APAC regions.

The collaboration follows an extensive in-house red-team evaluation by Ebryx, confirming the effectiveness of AZT PROTECT™.

ARIA's Vice President, Gary Southwell, expressed enthusiasm about the partnership, highlighting its potential to enhance cybersecurity solutions in key markets.

Ebryx's CEO, Ahrar Naqvi, emphasized the significant role of AZT PROTECT™ in augmenting their Zero Trust solutions, aiding organizations in countering cyber threats efficiently.

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ARIA Cybersecurity Solutions, a CSPi business (NASDAQ:CSPI), has received eight prestigious awards for its operational technology (OT) cybersecurity solution, AZT PROTECT™. The solution was named the best OT security solution at the 9th Annual Cybersecurity Excellence Awards 2024, among other accolades. AZT PROTECT uses real-time monitoring and threat mitigation to protect critical infrastructure from sophisticated cyberattacks. It has been recognized for its innovative AI-driven techniques and has proven effective in major manufacturing environments. The product is designed for sectors including manufacturing, healthcare, and financial services.

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ARIA Cybersecurity Solutions, a CSPi business (NASDAQ: CSPI), has won the prestigious Infosec 'Hot Company' Award at RSA 2024 for its AI-powered solution AZT PROTECT. The solution is deployed across various sectors, stopping sophisticated nation-state attacks. ARIA's unique approach ensures proactive protection, operation continuity during attacks, rapid deployment, and cost-effective micro-segmentation. The award recognizes ARIA's innovative cybersecurity solutions.

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CSP Inc. (NASDAQ:CSPI) reported a net income of $1.6 million for the fiscal second quarter of 2024, with services revenue growing by 23% to $5.2 million, contributing to a gross margin expansion to 47%. The company also declared a quarterly dividend of $0.03 per share. Recent achievements include winning global awards for its cybersecurity products and expanding its market presence, with a focus on the AZT offering. The company's balance sheet remains strong, with cash and cash equivalents of $27.1 million, allowing for continued investment in growth initiatives.

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ARIA Cybersecurity Solutions, a CSPi business (NASDAQ:CSPI), has won the prestigious Cyber Defense Magazine's Infosec Award for its breakthrough solution, AZT PROTECT™. The AI-powered solution is designed to protect Operational Technology (OT) environments from sophisticated nation-state attacks, with the ability to identify and block threats before they cause harm. It has been recognized for its unique features such as proactively protecting OT environments, keeping operations running during attacks, quick deployment without downtime, and resistance to being disabled. AZT PROTECT is an AI-driven agent that safeguards critical applications and devices from various forms of cyber threats.

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FAQ

What is the current stock price of Csp (CSPI)?

The current stock price of Csp (CSPI) is $15.69 as of February 25, 2025.

What is the market cap of Csp (CSPI)?

The market cap of Csp (CSPI) is approximately 158.2M.

What does CSP Inc. specialize in?

CSP Inc. specializes in providing high-performance network adapters and comprehensive IT and cybersecurity services.

What are the main segments of CSP Inc.?

The main segments are the High-Performance Products Division and the Technology Solutions Division.

What products are offered by the High-Performance Products Division?

This division offers Myricom ARC series network adapters used in financial trading, video production, and packet capture.

What services are included in the Technology Solutions Division?

Services include IT managed services, 24/7 monitoring, cybersecurity threat detection, and incident response solutions.

How does CSP Inc. contribute to cybersecurity?

CSP Inc. provides advanced cybersecurity solutions through 'hired hacker' specialized testing and AI-driven endpoint protection.

What recent achievements has CSP Inc. made?

Recent achievements include partnerships with Rockwell Automation and CRN recognition in the Managed Service Provider (MSP) 500 list.

What financial information is available for CSP Inc.?

For the fiscal second quarter of 2024, CSP Inc. reported revenue of $13.7 million and a net income of $1.6 million.

What is the primary source of revenue for CSP Inc.?

The majority of revenue is generated from the Technology Solutions segment, primarily from services.

Who are CSP Inc.'s partners?

CSP Inc. partners with organizations like Rockwell Automation and resellers such as Information Systems for Trading (IST) and Ebryx.

Where can I find more information about CSP Inc.'s services?

More information can be found on their official website and through their various business divisions' pages.
Csp Inc

Nasdaq:CSPI

CSPI Rankings

CSPI Stock Data

158.19M
6.85M
30.68%
29.11%
2.05%
Information Technology Services
Services-computer Integrated Systems Design
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United States
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