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.
Overview of Zscaler
Zscaler is a cloud-native cybersecurity company that specializes in enabling organizations to securely transform their networks and applications for a mobile and cloud-first world. By harnessing the power of a comprehensive Zero Trust Exchange platform, Zscaler delivers advanced cybersecurity solutions designed to secure access to both internal and external applications, and its architecture is built around a 100% cloud-delivered model that enhances user experience and simplifies security management.
Core Business Areas and Services
Zscaler offers two primary service strands: Zscaler Internet Access and Zscaler Private Access. The former provides secure connectivity for external applications and Internet-based services, while the latter delivers secure access to internal, private applications without the need for legacy VPN solutions. Both services rely on a robust Zero Trust framework that minimizes risk by strictly verifying user and device credentials before granting access, thereby reducing the surface for cyberattacks.
Technology and Operational Excellence
At the heart of Zscaler’s operations is its global security cloud, which collects and processes trillions of signals daily from diverse endpoints and applications. This capability allows the company to offer granular threat intelligence and real-time security updates across a distributed network of data centers around the world. The platform’s architecture is specifically designed to address common cyber threats, including phishing, ransomware, and advanced persistent threats, by leveraging sophisticated AI and machine learning algorithms. The integration of cloud-native data analytics with a Zero Trust approach allows Zscaler to deliver continuous, comprehensive monitoring and rapid threat detection.
Value Proposition in a Competitive Landscape
In today’s cybersecurity environment, traditional security models have proven inadequate in managing the expansive attack surface introduced by mobile devices and remote work. Zscaler distinguishes itself by providing an agile, scalable, and fully cloud-delivered security solution that bypasses the limitations of legacy network appliances. Its innovative approach to securing digital transformation initiatives positions it favorably against competitors who rely heavily on hybrid or hardware-dependent security models. Additionally, Zscaler’s partnerships with industry players and its integration with leading platforms enhance its credibility and highlight its commitment to evolving cybersecurity challenges.
Market Position and Industry Impact
Zscaler operates within the broader cybersecurity and IT infrastructure markets, serving large enterprises and government agencies across more than 185 countries. The company’s focus on a SaaS-based delivery model aligns well with the growing trend of digital transformation, where agility, real-time threat mitigation, and improved user experience are paramount. With a robust development of threat intelligence through its ThreatLabz research, Zscaler continuously refines its solutions to address the dynamic nature of cyber risks. Its content-rich research, ranging from AI-driven cybersecurity challenges to phishing and ransomware reports, demonstrates its deep expertise and industry leadership in the cyber defense space.
Detailed Analysis of the Zero Trust Model
The Zero Trust security model is central to Zscaler’s approach. This model operates on the principle of never trusting and always verifying, ensuring that every connection is scrutinized regardless of the network origin. This is particularly relevant in modern enterprise environments where remote work and BYOD policies have blurred traditional network perimeters. Zscaler’s implementation of Zero Trust is supported by continuous analytics, adaptive security policies, and a cloud-first mentality that together mitigate lateral movement of threats and reduce the risk of data breaches.
Security Research and Threat Intelligence
Zscaler’s ThreatLabz team is integral to maintaining the platform’s cutting-edge defenses. Their regular publications, including reports on AI security, phishing, ransomware, and mobile/IoT threats, offer critical insights into evolving cyber threats. These detailed analyses not only inform Zscaler’s technology enhancements but also provide valuable guidelines for enterprises seeking to fine-tune their own security postures. The platform’s ability to analyze billions of transactions and integrate AI-driven insights highlights the technical sophistication and real-time responsiveness that sets Zscaler apart in the competitive cybersecurity marketplace.
Integration and Ecosystem
Integrations with major industry competitors and complementary technology providers further enhance Zscaler’s offering. For example, collaborations with platforms such as Google Workspace and CrowdStrike illustrate how Zscaler’s Zero Trust architecture can be seamlessly embedded into broader security ecosystems. This interoperability ensures that organizations can benefit from consistent, holistic security coverage, irrespective of the diverse array of applications, devices, and cloud environments in use. Through these integrations, Zscaler not only reinforces its security delivery but also simplifies complex IT environments by consolidating multiple security functions into a singular, scalable cloud service.
Operational and Security Benefits
- Enhanced Security: By eliminating reliance on legacy VPNs and leveraging a zero trust framework, Zscaler drastically minimizes the potential for lateral movement by threat actors.
- Superior User Experience: The cloud-native delivery model ensures that users experience fast, secure connections regardless of their location or device.
- Simplified IT Management: Organizations benefit from a reduction in on-premise infrastructure costs and streamlined security operations through an integrated cloud security platform.
- Scalable Protection: Zscaler’s global architecture is designed to adapt as enterprise requirements evolve, supporting growth and digital transformation initiatives seamlessly.
Conclusion
Overall, Zscaler presents a robust, cloud-native solution tailored for modern network security that addresses the evolving challenges of digital transformation. Its comprehensive approach, combining Zero Trust principles with state-of-the-art AI and cloud analytics, enables enterprises to secure their environments with greater agility and confidence. This detailed, layered protection strategy has established Zscaler as a critical player in the cybersecurity landscape, providing essential insights and actionable security measures through continuous threat research and ecosystem integration.
Zscaler, Inc. (NASDAQ: ZS) will release its third quarter fiscal year 2021 earnings on Tuesday, May 25, after the market closes. An investor conference call will follow at 1:30 p.m. Pacific time to discuss the results. Interested parties can access the call via webcast at https://ir.zscaler.com. A replay will be available starting at 4:30 p.m. PT on the same day until June 1, 2021. Zscaler is known for its cloud security solutions and operates the world's largest in-line cloud security platform, protecting thousands of customers globally.
Zscaler (NASDAQ: ZS) announced innovations for its Zero Trust Exchange platform, aimed at enhancing digital security for modern businesses. The introduction of new security solutions, resources for IT executives, and deployment programs aims to facilitate zero trust adoption, addressing the challenges posed by the shift to cloud-based operations. Key offerings include the Zscaler ZPA Private Service Edge, Cloud Browser Isolation, and automated policy management tools, which collectively simplify secure access to applications while mitigating cyber threats.
Zscaler (NASDAQ: ZS) announced its acquisition of Trustdome, a leader in Cloud Infrastructure Entitlement Management (CIEM). This move aims to enhance Zscaler's Cloud Protection capabilities, integrating Trustdome's CIEM technology with Zscaler's existing Cloud Security Posture Management platform. The transaction will also establish Zscaler's first R&D center in Israel, further expanding its global presence. The acquisition is expected to close before the end of Zscaler's fiscal third quarter, pending customary conditions.
Zscaler (NASDAQ: ZS) announced the implementation of its Zscaler Internet Access™ (ZIA™) and Zscaler Private Access™ (ZPA™) products by the State of Oklahoma's Office of Management and Enterprise Services (OMES). This deployment aims to support 30,000 teleworking employees by enhancing security and managing increased remote access demands during the pandemic. With Zscaler's cloud-based solutions, the state improved VPN efficiency by five to six times and reduced service desk tickets, significantly enhancing user experience and productivity.
Zscaler (NASDAQ: ZS) and CrowdStrike (NASDAQ: CRWD) have expanded their strategic partnership to enhance security through new integrations, emphasizing a zero trust approach. This collaboration enables secure access to applications from any endpoint and automates access policy enforcement. The CrowdStrike Zero Trust Assessment allows dynamic access control based on real-time security assessments, significantly reducing organizational risks. Key benefits include improved defense for remote workers, reduced malware propagation, and enhanced response times to threats.
Zscaler reported a 55% year-over-year increase in revenue, reaching $157.0 million and a 71% rise in calculated billings to $232.0 million for Q2 FY2021. However, the GAAP net loss expanded to $67.5 million from $29.2 million a year prior. Non-GAAP net income slightly increased to $14.0 million. Deferred revenue grew by 60% year-over-year, totaling $446.8 million. Zscaler expects Q3 revenue between $162 million and $164 million, with a full-year forecast of $634 million to $638 million.
Zscaler (NASDAQ: ZS), a leader in cloud security, announced its participation in several upcoming investor conferences. Notable events include the JMP Securities Technology Conference on March 1, 2021, and the Morgan Stanley Technology, Media and Telecom Conference on March 2, 2021. Other conferences include the Credit Suisse Software Investor Day on March 8 and the Truist Securities Technology Conference on March 9. Webcasts of the presentations will be available on Zscaler's Investor Relations section.
Zscaler (NASDAQ: ZS) has released the 2021 VPN Risk Report, revealing significant vulnerabilities in enterprise VPNs and the pressing need for a zero-trust security approach. The study, conducted in collaboration with Cybersecurity Insiders, surveyed over 350 cybersecurity professionals and found that 93% of companies use VPNs, yet 94% acknowledge their exploitation by cybercriminals. Major concerns included social engineering (75%), ransomware (74%), and malware (60%). As a result, 72% of organizations are shifting towards zero-trust models to enhance security, especially with the rise of remote work.
On February 25, 2021, Zscaler (NASDAQ: ZS) will release its second quarter fiscal year 2021 earnings following market close. An investor conference call is scheduled for 1:30 PM PT to discuss the results. Zscaler is a leader in cloud security, providing solutions that protect users and data through its Zero Trust Exchange platform. This platform is supported by a global infrastructure, ensuring robust cybersecurity for thousands of customers.
Zscaler (NASDAQ: ZS), a leader in cloud security, announced its management will present at key investor conferences in January 2021. The events are: the Goldman Sachs Technology & Internet Conference on January 12 at 1:30 p.m. PST and the Needham 23rd Annual Growth Conference on January 13 at 8:30 a.m. PST. A live and archived audio webcast of each presentation will be accessible via the Zscaler Investor Relations website.
Zscaler's Zero Trust Exchange safeguards customers from cyber threats, offering a robust security solution globally.
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