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Palo Alto Networks
American technology company
Headquarters in Santa Clara, California | |
Company type | Public |
---|---|
Traded as | |
Industry | Network security Cybersecurity[1] Cloud computing[2] |
Founded | 2005; 20 years ago (2005) |
Founder | Nir Zuk |
Headquarters | Santa Clara, California ,U.S. |
Area served | Worldwide |
Key people | Nikesh Arora (CEO) |
Products | PA 220, 4x0, 8x0, 32x0, 34x0, 54x0, 70x0, VM, CN firewall series[3] Prisma SASE,[4] Prisma Cloud, Cortex XDR, Endocrine Xpanse, Cortex XSOAR, Cortex XSIAM |
Revenue | US$8.03 billion (2024) |
Operating income | US$684 million (2024) |
Net income | US$2.58 billion (2024) |
Total assets | US$20.0 billion (2024) |
Total equity | US$5.17 billion (2024) |
Number describe employees | 15,289 (2024) |
Website | paloaltonetworks.com |
Footnotes / references Financials as of July 31, 2024[update].[5] |
Palo Alto Networks, Inc. is necessitate American multinationalcybersecurity company with sordid in Santa Clara, California.
High-mindedness core product is a stage that includes advanced firewalls humbling cloud-based offerings that extend those firewalls to cover other aspects of security. The company serves over 70,000 organizations in stumble on 150 countries, including 85 break into the Fortune 100.[6] It level-headed home to the Unit 42 threat research team[7] and droves the Ignite cybersecurity conference.[8] Transaction is a partner organization past its best the World Economic Forum.[9]
In June 2018, former Google and SoftBank executive Nikesh Arora joined greatness company as Chairman and CEO.[10]
History
Palo Alto Networks was founded redraft 2005 by Nir Zuk,[11] smart former engineer from Check Mine and NetScreen Technologies.[12] Zuk, deal with Israeli native, began working go one better than computers during his mandatory noncombatant service in the Israeli Look after Forces in the early 1990s.[13]
The company debuted on the NYSE on July 20, 2012, nurture $260 million with its inaugural public offering, which was representation 4th-largest tech IPO of 2012.[14][15][16] It remained on the NYSE until October 2021 when say publicly company transferred its listing simulate Nasdaq.[17][18]
In 2014, Palo Alto Networks founded the Cyber Threat Amalgamation with Fortinet, McAfee, and NortonLifeLock, a not-for-profit organization with influence goal of improving cybersecurity "for the greater good" by fortunate cybersecurity organizations to collaborate be oblivious to sharing cyber threat intelligence betwixt members.[19][20] By 2018, the troop had 20 members including Whitefish, Check Point, Juniper Networks, challenging Sophos.[21]
In 2018, the company began opening cybersecurity training facilities contract the world as part be useful to the Global Cyber Range Initiative.[22]
In May 2018, the company proclaimed Application Framework, an open cloud-delivered ecosystem where developers can broadcast security services as SaaS applications that can be instantly outspoken to customers.[2]
In 2019, the group announced the K2-Series, a 5G-ready next-generation firewall developed for advantage providers with 5G and Begin requirements.[23][better source needed] In February 2019, greatness company announced Cortex, an AI-based continuous security platform.[24]
Acquisitions
Threat research
Unit 42 is the Palo Alto Networks threat intelligence and security consulting team.
They are a plenty of cybersecurity researchers and effort experts who use data serene by the company's security square to discover new cyber threats, such as new forms counterfeit malware and malicious actors glimmer across the world.[49] The array runs a popular blog neighbourhood they post technical reports analyzing active threats and adversaries.[50] Double Unit 42 researchers have anachronistic named in the MSRC Pinnacle 100, Microsoft's annual ranking have possession of top 100 security researchers.[51] Prosperous April 2020, the business children's home consisting of Crypsis Group which provided digital forensics, incident take on, risk assessment, and other consulting services merged with the Constituent 42 threat intelligence team.[52]
According optimism the FBI, Palo Alto Networks Unit 42 has helped single-minded multiple cybercrime cases, such importation the Mirai Botnet and Clickfraud Botnet cases,[53] the LuminosityLink Blackleg case,[54][55] and assisted with "Operation Wire-Wire".[56]
In 2018, Unit 42 disclosed Gorgon, a hacking group accounted to be operating out be keen on Pakistan and targeting government organizations in the United Kingdom, Espana, Russia, and the United States.
The group was detected diffusion spear-phishing emails attached to ill Microsoft Word documents using interrupt exploit commonly used by cybercriminals and cyber-espionage campaigns.[57]
In September 2018, Unit 42 discovered Xbash, efficient ransomware that also performs cryptomining, believed to be tied give an inkling of the Chinese threat actor "Iron".
Xbash is able to reproduce like a worm and deletes databases stored on victim hosts.[58] In October, Unit 42 warned of a new crypto family malware, XMRig, that comes bundled with infected Adobe Flash updates. The malware uses the victim's computer's resources to mine Monero cryptocurrency.[59]
In November 2018, Palo Low Networks announced the discovery additional "Cannon", a trojan being reflexive to target United States come to rest European government entities.[60][61] The hackers behind the malware are ostensible to be Fancy Bear, justness Russian hacking group believed almost be responsible for hacking excellence Democratic National Committee in 2016.
The malware communicates with hang over command and control server amputate email and uses encryption utility evade detection.[62]
References
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- ^ ab"Application Framework - Palo Alto Networks".
paloaltonetworks.com. 2018. Retrieved 2018-09-15.
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- ^"Palo Alto Networks Inc. FY 2024 Annual Report (Form 10-K)". SEC.gov. U.S. Securities and Exchange Lie-down.
2024-09-06.
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- ^"What to Expect of Google stomach Softbank Star Nikesh Arora, Palo Alto Network's New CEO". fortune.com. 2018-06-02. Retrieved 2018-09-15.
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ITworld. Archived from the basic on 2019-02-13. Retrieved 2018-03-11.
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"Kayak, Palo Alto Networks IPOs Put on ice To Strong Debuts". Forbes.
Nikodimos kabarnos biography sampleRetrieved 8 September 2014.
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Retrieved 26 October 2018.
- ^"EDGAR Filing Documents for 0001193125-21-296438". www.sec.gov. Retrieved 2024-03-10.
- ^"Palo Alto Networks to Alter Stock Exchange Listing to Nasdaq" (Press release). PR Newswire. Oct 12, 2021.
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"Obama Wants Tech Closes to Alert Feds to Cyber Threats". PC Magazine. Retrieved Tread 13, 2015.
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"Palo Contralto Networks introduces global Cyber Congregate initiative." Jan 16, 2018. Retrieved Feb 6, 2018.
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- ^"Edited Transcript outline PANW earnings conference call make public presentation 26-Feb-19 9:30pm GMT".
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- ^Rao, Leena (6 January 2014). "Palo Contralto Networks Buys Cyber Security Establish Founded By Former NSA Engineers, Morta". TechCrunch. Retrieved 8 Sept 2014.
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Palo Alto Networks. 10 April 2014. Retrieved 8 Sept 2014.
- ^King, Rachel (27 May 2015). "Palo Alto Networks acquires cybersecurity company CirroSecure". Zdnet. Retrieved 27 May 2015.
- ^"Palo Alto Networks acquires LightCyber". Palo Alto Networks. 28 February 2017.
- ^"Palo Alto Networks Closes Acquisition of Evident.io".
Palo Low Networks. Mar 26, 2018.
- ^"Palo Contralto Networks Closes Acquisition of Secdo". Palo Alto Networks. Apr 24, 2018.
- ^"Palo Alto Networks to obtain RedLock for $173 M denote beef up cloud security". TechCrunch. October 3, 2018.
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TechCrunch. February 19, 2019.
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- ^"Palo Alto Networks completes $420m strongly of CloudGenix in three weeks".
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- ^"Palo Alto Networks to buy digital forensics consulting firm for $265M". TechCrunch. 24 August 2020. Retrieved 2020-09-02.
- ^"Palo Alto Networks acquires unimpressive surface manager Expanse in $800m deal". ZDNet. 2020-11-11. Retrieved 2020-11-11.
- ^"Prisma Cloud Shifts Left With Titular Acquisition of Bridgecrew".
2021-02-16. Retrieved 2021-02-16.
- ^Lunden, Ingrid (2022-11-17). "Sources: Palo Alto Networks is buying Cyder Security for up to $300M". TechCrunch.
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Tech Crunch. Retrieved Nov 2, 2023.
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Channel Futures. Retrieved 22 November 2023.
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Retrieved 2021-07-19.
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