Rubrik Inc - RBRK STOCK NEWS

Rubrik (NYSE: RBRK) will announce its first quarter fiscal 2025 financial results on June 11, 2024, after the market closes. The results pertain to the period ending April 30, 2024. A live conference call to discuss these results will occur at 2:00 pm PT / 5:00 pm ET on the same day. The call and related materials will be accessible on Rubrik's investor relations website, with a replay available afterward.

Rubrik (NYSE: RBRK) has been awarded two Global InfoSec awards for 'Pioneering Data Security Posture Management (DSPM)' and 'Pioneering Cyber Resilience' at the RSA Conference. The company is recognized for its innovative solutions in the field of data protection and cybersecurity, helping organizations combat evolving cyber threats. Rubrik's dedication to cyber resilience and Data Security Posture Management is highlighted by Cyber Defense Magazine, emphasizing the importance of safeguarding data against ransomware, breaches, and cyberattacks.

Kyndryl and Rubrik have announced a global strategic alliance to offer cyber incident recovery solutions to enhance cyber resilience for customers. The partnership aims to provide data protection, data analytics, and data security posture services, catering to industries such as healthcare, banking, and education. The collaboration introduces Kyndryl Incident Recovery with Rubrik, a fully managed solution that helps reduce system downtime, mitigate cyber incidents, and improve IT modernization outcomes.

Rubrik Zero Labs reported that healthcare organizations are losing a significant amount of sensitive data in ransomware attacks, with 20% of sensitive data being impacted in each attack. The report also highlights the increase in cyber incidents targeting the healthcare industry, emphasizing the need for greater cybersecurity measures. The study offers insights on data security risks and the challenges organizations face in protecting their data, particularly in the face of growing cyber threats.

Rubrik, Inc. has priced its upsized initial public offering of 23.5 million shares of its Class A common stock at $32.00 per share, with an option for underwriters to purchase an additional 3.525 million shares. The stock will trade on the NYSE under the symbol 'RBRK', with an expected trading start date of April 25, 2024. The offering is set to close on April 29, 2024. Goldman Sachs, Barclays, Citigroup, and Wells Fargo are the lead book-runners for the offering.

Rubrik, the Zero Trust Data Security™ Company, will showcase at the 2024 RSA Conference in San Francisco, featuring sessions on the human impact of cyberattacks and data defensibility. CEO Bipul Sinha, former CISA Director Chris Krebs, and author Nicole Perlroth will lead discussions. Attendees can meet with Rubrik executives to discuss company news and products.

Rubrik introduces Rubrik Threat Hunting to enhance cyber recovery for government agencies. The service provides insights into malware reinfection prevention by identifying the initial point, scope, and time of infection. Additional enhancements to Rubrik Security Cloud - Government include protection of new workloads, advanced access control measures, and additions to Data Threat Analytics.

Rubrik, Inc. filed a registration statement for an initial public offering of its Class A common stock on the New York Stock Exchange under the symbol 'RBRK'. The offering details are yet to be determined, with lead book-running managers including Goldman Sachs, Barclays, Citigroup, and Wells Fargo. Additional book-running managers and co-managers are also appointed for the proposed offering.

CrowdStrike and Rubrik announce a strategic partnership to enhance data security and prevent breaches. The collaboration aims to provide organizations with the tools needed to detect, investigate, and stop attacks targeting critical data.