Mandiant Inc - MNDT STOCK NEWS

Mandiant, Inc. (NASDAQ: MNDT) has achieved the FedRAMP Ready designation at the High Impact level for its Automated Defense solution. This recognition allows federal agencies to utilize Mandiant's advanced threat detection capabilities to safeguard sensitive data in cloud environments. The Automated Defense solution provides real-time triage and prioritization of security alerts, having notably reduced over 140 billion events to less than 3,000 investigations in January 2022. The designation paves the way for full FedRAMP authorization, enhancing Mandiant's commitment to public sector cybersecurity.

Mandiant, Inc. (NASDAQ: MNDT) launched the Trending Evil report series, offering insights into cyber threats and defensive actions for organizations. The inaugural Q1 2022 report highlights the impacts of the Log4Shell vulnerability, with Mandiant tracking 30 attack campaigns tied to this issue, including those by state-sponsored groups from China and Iran. It identified 11 malware families used in these attacks and showed a shift toward financially motivated threats. Key findings indicate that Mandiant's Managed Defense significantly reduced ransomware dwell time to less than 24 hours.

Mandiant, Inc. (NASDAQ: MNDT) has launched the Ransomware Defense Validation within its Mandiant Advantage platform. This innovative tool aims to enhance organizations' preparedness against ransomware attacks, which have surged, doubling in activity from 2019 to 2021. The platform utilizes Mandiant's extensive threat intelligence and automated validation to help security leaders assess their defenses against major ransomware families like CONTI and RYUK. This continuous testing framework provides crucial insights into security effectiveness against evolving cyber threats.

Mandiant, Inc. (NASDAQ: MNDT) announced that Dee Dee Acquista, their Vice President of Americas Channel Sales, has been named to CRN's 2022 Channel Chiefs list for the sixth time. This recognition highlights Acquista's leadership in developing effective partner programs and driving innovation within the IT channel sector. Over the past year, she has successfully activated key channel partners and implemented strategies that enhance business opportunities and revenue predictability. Acquista emphasized the importance of nurturing partner relationships amidst market challenges.

Mandiant, Inc. (NASDAQ: MNDT) reported a 21% revenue increase to $133 million for Q4 2021, alongside a 23% rise in annualized recurring revenue to $279 million. Deferred revenue surged 44% to $410 million. Despite these gains, GAAP operating margin remained negative at -83%, worsening from -62% year-over-year. The net loss per share was $0.54, up from $0.37 in Q4 2020. Mandiant’s strategic divestiture of the FireEye Products business is expected to enhance future growth prospects as the company focuses on core cybersecurity services.

Mandiant, Inc. (NASDAQ: MNDT) and SentinelOne (NYSE: S) have formed a strategic alliance aimed at enhancing cybersecurity measures for organizations. This partnership allows Mandiant's incident responders to utilize SentinelOne's Singularity XDR platform for more effective investigation and remediation of data breaches.

The integration promises faster threat diagnosis and remediation, leveraging Mandiant's expertise and the advanced capabilities of SentinelOne. Mandiant plans to introduce managed detection and response services for SentinelOne customers in late 2022.

Mandiant, Inc. (NASDAQ: MNDT) has integrated Attack Surface Management into its Mandiant Advantage platform, following the acquisition of Intrigue in August 2021. This new offering enables organizations to understand their digital footprint, prioritize vulnerabilities, and proactively address security threats. With the rise of sophisticated cyber threats, the automated system provides continuous monitoring and improved visibility across dynamic IT environments. This helps organizations efficiently manage risks and bolster their cybersecurity posture.

Mandiant, Inc. (NASDAQ: MNDT) will release its fourth-quarter and full-year 2021 financial results on February 8, 2022, after U.S. market close. A conference call with management is set for the same day at 5 p.m. ET to discuss the results, accessible via toll-free and toll numbers or through a live audio webcast on their website.

Mandiant has been a key player in dynamic cyber defense since 2004, providing innovative solutions through its SaaS platform to enhance organizations' cyber security capabilities.