Welcome to our dedicated page for ZeroFox Holdings news (Ticker: ZFOX), a resource for investors and traders seeking the latest updates and insights on ZeroFox Holdings stock.
ZeroFox Holdings, Inc. (Nasdaq: ZFOX) is a prominent enterprise software-as-a-service provider specializing in external cybersecurity. The company has redefined security measures beyond the corporate perimeter on the internet, offering comprehensive solutions where businesses operate and threat actors thrive.
The ZeroFox platform integrates advanced AI analytics, digital risk, and privacy protection alongside full-spectrum threat intelligence. It features a robust portfolio that includes breach, incident, and takedown response capabilities. These tools are designed to expose and disrupt phishing and fraud campaigns, botnet exposures, credential theft, impersonations, data breaches, and physical threats targeting brands, domains, people, and assets.
ZeroFox boasts a prestigious client base, including some of the largest public sector organizations, finance firms, media companies, technology enterprises, and retail businesses. The company's solutions provide customers with proactive external cybersecurity measures, enabling them to stay ahead of adversaries and address the entire lifecycle of external cyber risks.
Recently, ZeroFox reported record Annual Recurring Revenue and positive free cash flow, signaling robust financial health. The firm has also been recognized for its leadership in external cybersecurity with honors for brand protection, dark web monitoring, fraud detection, and threat intelligence.
A notable achievement includes the extension of awards that offer protection and restoration to 22.1 million individuals impacted by previous cybersecurity incidents. This collaboration with the U.S. Government underscores ZeroFox's commitment to providing critical digital identity theft protection services.
ZeroFox continues to innovate with new product launches, such as the unified external threat intelligence and an external attack surface management tool. In the first quarter of 2023, the company observed a 171% increase in external cybersecurity attacks, further highlighting the need for their essential services.
To learn more about ZeroFox's latest innovations and services, visit their website at www.zerofox.com or meet them at industry-leading conferences around the globe.
ZeroFox (Nasdaq: ZFOX) has completed its acquisition of LookingGlass Cyber Solutions, enhancing its external cybersecurity capabilities.
This strategic acquisition, first announced on April 17, 2023, aims to strengthen ZeroFox’s position in the market by expanding its attack surface management and vulnerability intelligence offerings.
CEO James C. Foster expressed confidence that this acquisition will benefit customers, employees, and shareholders alike, while LookingGlass CEO Bryan Ware highlighted the shared vision that will drive value creation.
ZeroFox will provide further details on the acquisition's impact in the upcoming weeks, aligning with its commitment to a seamless integration process.
ZeroFox (Nasdaq: ZFOX) has announced the acquisition of LookingGlass Cyber Solutions, Inc., aimed at enhancing its external cybersecurity platform with advanced attack surface management and threat intelligence features. The deal, valued at approximately $26 million, will be primarily executed through stock and is anticipated to close within 30 days. This strategic move responds to the growing digital threats organizations face, enabling customers to strengthen their security posture against potential cyberattacks.
The integration of LookingGlass's capabilities is expected to provide clients with comprehensive visibility and actionable intelligence on external vulnerabilities. LookingGlass CEO, Bryan Ware, will join ZeroFox's executive team, further reinforcing the company’s commitment to robust cybersecurity solutions.
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