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Cloud Compromise Costs Organizations $6.2M Per Year Organizations reported an average of 19 cloud-based compromises in the past year, but most don t evaluate the security of SaaS apps before deployment. Cloud compromise is expensive, and its costs continue to rise. A new report finds compromised cloud accounts led to an average financial loss of $6.2 million for surveyed organizations, or an average of 3.5% of their total revenues over the past 12 months. To learn more about how businesses protect confidential data in the cloud, the Ponemon Institute, commissioned by Proofpoint, surveyed 662 IT and IT security pros in the US. They discovered while cloud-focused attacks are expensive for victims, most lack processes for how cloud-based resources are evaluated for security or who is responsible for vetting them. ....
Walter Pritchard Good afternoon, and thank you for joining us for today s conference call to discuss Palo Alto Networks fiscal third-quarter 2021 financial results. I m Walter Pritchard, senior vice president of investor relations and corporate development. This call is being broadcast live over the web and can be accessed on the investors section of our website at investors.paloaltonetworks.com. With me on today s call are Nikesh Arora, our chairman and chief executive officer; Dipak Golechha, our chief financial officer; and Lee Klarich, our chief product officer. This afternoon, we issued a press release announcing our results for the fiscal third quarter ended April 30, 2021. If you would like a copy of the release, you can access it online on our website. We would like to remind you that during the course of this conference call, management will make forward-looking statements, including statements regarding the impact of COVID-19; the SolarWinds attack on our busine ....
PDF Criminals began to scan the Internet for vulnerable Microsoft Exchange Servers within five minutes of the disclosure of critical zero-day flaws patched in early March, researchers report. In the 2021 Cortex Xpanse Attack Surface Threat Report, Palo Alto Networks researchers examine threat data from 50 organizations, and some 50 million IP addresses, collected in the first quarter. Their analysis reveals attackers scan to inventory vulnerable Internet assets once per hour and even more often within 15 minutes or less following the disclosure of CVEs. When an exploit is published, the time from then until when we start to see follow-on scanning spike in volume is now just minutes, says Tim Junio, senior vice president of products for Cortex at Palo Alto Networks. That is a huge change from a few years ago. ....
Share this article Share this article SAN FRANCISCO, May 17, 2021 /PRNewswire/ Merge, the San Francisco and New York City-based API company which seeks to transform how B2B companies think about customer-facing integrations, today announced the close of a $4.5 million seed funding round. NEA led the round with Managing General Partner Scott Sandell joining Merge s board of directors. Created in 2020, Merge provides a solution to the way B2B companies build and maintain an ever-growing number of integrations with other vendors in order to sell to and support their customers. Through its Unified API, Merge provides access to over 40+ HR, payroll, recruiting, and accounting platforms, effectively offering an integration layer for all business tools and applications. ....
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