Welcome to our dedicated page for Zscaler news (Ticker: ZS), a resource for investors and traders seeking the latest updates and insights on Zscaler stock.
Zscaler, Inc. (NASDAQ: ZS) is a leading provider of cloud-native cybersecurity solutions, helping organizations securely transform their networks and applications for a mobile and cloud-first world. Headquartered in San Jose, California, Zscaler went public in 2018 and has since been recognized for its innovative approach to Security Service Edge (SSE). The company's flagship services, Zscaler Internet Access and Zscaler Private Access, establish fast and secure connections between users and applications, independent of device, location, or network.
Utilizing a 100% cloud-delivered platform, Zscaler offers enhanced security and a superior user experience that traditional or hybrid solutions cannot match. The Zscaler Zero Trust Exchange™ platform, distributed across more than 150 global data centers, protects thousands of enterprises and government agencies from cyberattacks and data loss by securely connecting users, devices, and applications.
Recently, Zscaler was honored in the inaugural Forrester Wave™ for SSE, recognized as an early innovator in much of the technology now categorized under SSE, including cloud-delivered Secure Web Gateway (SWG) and digital experience management.
In partnership with BT Group, Zscaler is enhancing its position in the market by providing AI-powered zero trust solutions to both private and public sector customers. This collaboration aims to support BT's managed service offerings, helping customers navigate their digital transformation securely.
Additionally, Zscaler's 2024 AI Security Report highlights the firm's role in analyzing AI/ML transactions, revealing significant growth in AI tool adoption and underscoring the critical need for secure AI usage. The company's ThreatLabz Phishing Report further emphasizes the necessity of a robust Zero Trust architecture, given the rise in sophisticated phishing attacks driven by generative AI.
Zscaler continues to innovate with products like Zscaler Digital Experience (ZDX) Copilot and Zscaler Hosted Monitoring, which provide real-time performance insights and continuous monitoring, improving operational efficiency for IT and security teams.
By partnering with Google, Zscaler is facilitating secure access to private applications without traditional VPNs, leveraging Chrome Enterprise for enhanced security and performance. The collaboration ensures that enterprises can safely adopt new technologies while maintaining robust data protection and threat response capabilities.
Zscaler has expanded its partnership with CrowdStrike to enhance cybersecurity measures by integrating their solutions. This collaboration allows Zscaler's ZIA to leverage CrowdStrike's Zero Trust Assessment device scores, improving access control and security for users working remotely. Additionally, Zscaler will join the CrowdXDR Alliance to boost visibility and threat detection. Key benefits for customers include better app access control, greater network visibility, and seamless telemetry sharing for threat detection. These enhancements aim to protect against rising ransomware threats and identity theft.
TD SYNNEX has announced a partnership with Zscaler to provide security solutions through the Zscaler Zero Trust Exchange platform. This collaboration will enable TD SYNNEX's partners to access enhanced security offerings, enhancing their digital transformation efforts amidst rising cyber threats. The partnership aims to expand channel partnerships, with a focus on cloud-enabled architecture that supports transition from on-premise models. TD SYNNEX serves over 150,000 customers globally and is committed to delivering comprehensive IT solutions that drive business growth.
Zscaler (NASDAQ: ZS) has announced a partnership with Siemens to enhance secure remote access to Operational Technology (OT) systems. This collaboration aims to implement a Zero Trust security model within office and production networks, allowing users to manage quality assurance remotely. The integration involves the Zscaler Private Access™ (ZPA™) app connector for cloud-based services, ensuring reduced threat exposure and lower operational costs. This offering is now available to customers, enhancing efficiency and security in industrial environments.
Zscaler reported fiscal Q4 2021 with revenue of $197.1 million, up 57% year-over-year. Calculated billings reached $332.2 million, a 70% increase. Deferred revenue also grew to $630.6 million, up 71%. However, the company reported a GAAP net loss of $81.0 million compared to an $49.5 million loss the previous year. Despite the losses, non-GAAP net income rose to $20.3 million. For fiscal 2022, Zscaler expects revenue between $940 million and $950 million.
Zscaler has appointed Eileen Naughton to its board of directors, expanding the board to eight members. Naughton brings extensive experience from her previous role as Chief People Officer at Google and various senior positions there since 2006. Her leadership in fostering company culture at large technology firms is expected to support Zscaler's growth strategy and contribute to its mission of enhancing customers' secure digital transformation. Zscaler continues to lead in cloud security, operating the world’s largest in-line cloud security platform.
Zscaler (NASDAQ: ZS), a leader in cloud security, has announced its participation in several upcoming investor conferences. Key events include the Deutsche Bank Technology Conference on September 10, 2021, the Piper Sandler Global Technology Conference on September 14, 2021, and Citi’s 2021 Global Technology Virtual Conference on September 15, 2021. Presentations will be available for webcast on the Investor Relations section of Zscaler's website. The company focuses on accelerating digital transformation and providing protection against cyberattacks through its Zero Trust Exchange platform.
Zscaler, Inc. (NASDAQ: ZS) has partnered with Schmitz Cargobull AG to implement its Zero Trust Exchange™ platform, enhancing cloud security for 5,800 employees across 50 global locations. The solution integrates Zscaler Internet Access™ (ZIA™) and Zscaler Private Access™ (ZPA™), providing secure internet access and VPN-free app access for remote workers. This deployment will modernize Schmitz Cargobull's IT security infrastructure, allowing for real-time security updates and reduced attack surfaces, while ensuring critical application availability.
Zscaler (NASDAQ: ZS) will report its fiscal fourth quarter and full-year 2021 earnings on September 9, following the market's close. An investor conference call is scheduled for 1:30 p.m. PT, where the results will be discussed. Interested participants can access the call via a live webcast on the Zscaler website or by dialing 918-922-3018. A telephone replay will be available shortly after the call until September 16.
Zscaler, known for leading in cloud security, aims to enhance customer agility and security through its Zero Trust Exchange.
Zscaler (NASDAQ: ZS) reports a striking 700% increase in IoT-specific malware attacks, primarily impacting industries such as technology, manufacturing, retail, and healthcare, which accounted for 98% of victims. The report, analyzing over 575 million device transactions, identifies the entertainment and home automation devices as high-risk. The majority of attacks originated from China, the United States, and India. The Gafgyt and Mirai malware families were found responsible for 97% of these attacks, with the top targeted nations being Ireland, the US, and China.
Zscaler released its first global report, “Exposed”, analyzing the attack surface of 1,500 companies. The report revealed over 202,000 Common Vulnerabilities and Exposures (CVEs), with 49% classified as critical or high severity. Public clouds, including AWS and Azure, showed significant risks, with over 60,500 exposed instances. Notably, the hospitality and telecom industries were identified as especially vulnerable. The report emphasizes the need for companies to adopt zero trust security measures to protect against increasing cyber threats.
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