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IronNet Cybersecurity (IRNT) delivers innovative solutions at the forefront of corporate digital defense. This dedicated news hub provides investors and cybersecurity professionals with essential updates on the company's technological advancements, financial milestones, and industry leadership.
Access real-time updates about IRNT's AI-driven threat detection systems, collaborative government initiatives, and strategic partnerships shaping cybersecurity practices. Track critical developments including product enhancements, executive insights, and recognition within the cybersecurity sector.
Our curated news collection serves as your primary source for understanding IRNT's market position and technological impact. Discover how their collective defense model transforms organizational resilience against sophisticated cyber attacks while maintaining compliance with evolving regulations.
Bookmark this page for convenient access to press releases, financial disclosures, and operational updates directly affecting IRNT's trajectory in the cybersecurity landscape. Verify critical information through official statements while gaining perspective on emerging trends in digital protection strategies.
IronNet (NYSE: IRNT) received a notice from the NYSE on October 25, 2022, indicating non-compliance with listing standards due to its average share price falling below $1.00 over 30 trading days. The company has 10 business days to communicate its plan to address this deficiency and six months to regain compliance. During this period, trading will continue under the symbol 'IRNT.BC' due to its 'below compliance' status. The notice does not impact business operations or SEC reporting requirements.
IronNet, Inc. (NYSE: IRNT) has become a Gold member of the Space Information Sharing and Analysis Center (ISAC), enhancing cybersecurity for the space industry. This membership allows IronNet to leverage its Collective Defense platform to address accelerated cyber risks, protecting sensitive data and critical infrastructure. The platform, powered by AWS, enables detection of cyber threats in real-time and facilitates collaboration within the space community. Additionally, IronNet recently launched IronRadar, which proactively updates cybersecurity tools with malicious indicators.
IronNet, Inc. (NYSE: IRNT) has launched IronRadar, an innovative cybersecurity tool that proactively updates customers' defenses against adversarial threats. Developed by a skilled team, IronRadar boasts 98% accuracy in identifying command and control (C2) servers, allowing organizations to block potential attacks before they occur. Now available for an annual subscription through Amazon Web Services (AWS) Marketplace, IronRadar aims to enhance cybersecurity by integrating real-time intelligence into existing security frameworks. This launch broadens IronNet's market reach and strengthens its Collective Defense platform.
IronNet (NYSE: IRNT) announced a restructuring plan amid unexpected challenges in its transactional business, including a 35% headcount reduction. The company's fiscal Q2 results revealed an ARR of $26.5 million, up from $24.1 million, and revenue increased to $6.6 million from $6.1 million year-over-year. However, gross margin decreased to 62.3% from 70.1%, and net loss widened to $28.4 million compared to $17.2 million last year. IronNet secured an initial commitment of $10 million in convertible debt, while management changes include the resignation of co-CEO William Welch.
IronNet, Inc. (NYSE: IRNT) announced that its fiscal Q2 2023 financial results will be released on September 14, 2022, after market close. Following this, management will host a conference call at 5:00 p.m. ET. The company focuses on transforming cybersecurity through its Collective Defense platform, leveraging expertise from former NSA operators. Investors can join the call via the provided webcast link or dial-in number for real-time insights into the company’s performance.
IronNet, Inc. (NYSE: IRNT) announced that a leading European logistics company will implement its Collective Defense platform. This move aims to enhance cybersecurity against rising threats in the logistics sector. The logistics company, which remains unnamed for security reasons, will leverage IronNet's AI-based Network Detection and Response solution to detect cyber threats in real-time. This partnership represents a significant step in fortifying network security amidst escalating global supply chain vulnerabilities.
IronNet, Inc. (NYSE: IRNT) announced a partnership with the Cybersecurity and Infrastructure Security Agency (CISA) to enhance U.S. cyber defense through its Collective Defense platform. This collaboration aims to combat the growing threat of state-sponsored cyber attacks by sharing threat intelligence. General (Ret.) Keith Alexander emphasized the platform's unique ability to deliver actionable intelligence, strengthening network security for participant organizations. The partnership comes amid increasing global cyber threats, highlighting the importance of collective defense.
IronNet (NYSE: IRNT) will participate in the Black Hat USA 2022 event from August 6-11 in Las Vegas. The company will provide network security and visibility through its Collective Defense platform, monitoring guest Wi-Fi networks to detect malicious behaviors. This marks IronNet's second consecutive year at the event. The firm aims to showcase its platform at booth 866, demonstrating its capabilities in cybersecurity at a critical event.
IronNet, Inc. (NYSE: IRNT) has partnered with Brookdale Community College to implement the IronNet Collective Defense platform, enhancing cybersecurity in the education sector. This deployment aims to shift Brookdale's cybersecurity strategy from reactive to proactive, leveraging AI-based Network Detection and Response (NDR) tools. Recent data indicates that educational institutions are prime targets for cyber attacks, with 82% of malware incidents occurring in this sector. The partnership is set to bolster network visibility and threat detection, benefiting the broader education community.
IronNet, Inc. (NYSE: IRNT) announced a multi-year contract with a major U.S. health insurer to implement its Collective Defense platform, aimed at enhancing cybersecurity in the healthcare sector. This collaboration will leverage IronNet's AI-based Network Detection and Response solution, benefiting from real-time attack intelligence across the healthcare community. The insurer, serving over 17 million members, underscores the growing need for robust cybersecurity measures in the healthcare industry due to increasing cyber threats.
