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, a leader in cloud security, has appointed James Beer to its Board of Directors and its audit committee. The board now comprises eight members. Beer brings significant experience in finance and strategy from his tenure at large global enterprises, including his recent role as CFO at Atlassian. This appointment aims to bolster Zscaler's long-term growth and leadership in zero trust cloud transformation.
Zscaler (NASDAQ: ZS), a leader in cloud security, announced its participation in the Bank of America Global Technology Conference on June 5, 2024, in San Francisco. The presentation, scheduled for 9:20 a.m. PT (12:20 p.m. ET), will be available via webcast on Zscaler's Investor Relations website. Investors and stakeholders can tune into the webcast for insights into Zscaler's strategic initiatives and financial performance.
On May 14, 2024, Zscaler (NASDAQ: ZS) announced enhancements to its AI Data Protection Platform, aiming to provide the industry's most comprehensive data protection solution. The platform now includes Data Security Posture Management (DSPM) for sensitive data protection across public clouds, context-rich GenAI App Security, and real-time Email DLP for corporate emails. These updates aim to address increasing security risks due to shadow AI and ransomware as enterprise AI/ML transactions have surged by 600% from April 2023 to January 2024. Zscaler's platform leverages over 500 trillion data points analyzed daily to improve visibility and security across multiple environments, including SaaS, IaaS/PaaS, endpoints, and on-premise networks.
Zscaler, Inc. (NASDAQ: ZS) will release its third quarter fiscal year 2024 earnings on Thursday, May 30, 2024, after the market closes. The company, a leader in cloud security, will host an investor conference call at 1:30 p.m. PT (4:30 p.m. ET) to discuss the results. Investors can join the call via webcast or dial-in. Details are available on the Zscaler website.
Zscaler, Inc. (NASDAQ: ZS) partners with Google to provide top-notch zero trust data and threat protection. The collaboration combines Zscaler Private Access™ with Chrome Enterprise to offer secure access to private apps across devices and locations. The joint solution enhances cybersecurity, protects against malware, phishing, and advanced attacks, and ensures a secure browsing experience for enterprise users. The partnership aims to eliminate the need for legacy solutions like VPNs and Firewalls, providing a comprehensive security solution for the modern workplace.
Zscaler, Inc. released the 2024 ThreatLabz VPN Risk Report revealing that over half of organizations experienced cyberattacks exploiting VPN vulnerabilities in the last year. Concerns about VPNs leading to breaches are high, with top threats being ransomware, malware, and DDoS attacks. The report emphasizes the need for a shift to Zero Trust architecture, with 78% of organizations planning to implement it within the next year.
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