Cyberattacks Continue To Increase - Are Investors In Cybersecurity Software Providers Benefitting? [Seeking Alpha]
Palo Alto Networks, Inc. (PANW)
Last palo alto networks, inc. earnings: 2/24 04:15 pm
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investors.paloaltonetworks.com/investor-overview
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Source: Seeking Alpha
The 30% rise in global cyberattacks in 2024 highlights the growing need for cybersecurity solutions. Despite rising demand, cybersecurity stocks have been highly volatile, affected by factors like interest rate sensitivity and exposure to early-stage companies. Some cybersecurity companies, like Palo Alto Networks and CrowdStrike, have shown resilience by recovering from significant stock price drops in 2024. da-kuk/E+ via Getty Images By Christopher Gannatti, CFA Check Point Research Reports Highest Increase of Global Cyber Attacks Seen in Last Two Years - A 30% Increase in Q2 2024 Global Cyber Attacks Some of the notable events On August 23, 2024, Halliburton ( HAL ) was impacted by a cyberattack and had to take certain systems offline. In February 2024, United Healthcare's ( OTCPK:UAHC ) Change Healthcare unit was breached. The fix is expected to cost United Healthcare $2 billion in 2024 alone. In June 2024, CDK Global was breached. This company provides syst
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PANW
News
- Palo Alto Networks (NASDAQ:PANW) Might Have The Makings Of A Multi-Bagger [Yahoo! Finance]Yahoo! Finance
- AccountabilIT Announces New Chief Revenue Officer, Shannon Murray-Doffo [Yahoo! Finance]Yahoo! Finance
- Palo Alto Networks Stock Could Rise On AI-Propelled Growth [Forbes]Forbes
- How data-security posture management could make your cloud systems less vulnerable [Business Insider]Business Insider
- How Artificial Intelligence (AI) In Cybersecurity is Generating a Billion Dollar Revenue Opportunity for Tech IndustryGlobeNewswire
PANW
Earnings
- 8/19/24 - Beat
PANW
Sec Filings
- 9/10/24 - Form 4
- 9/9/24 - Form S-8
- 9/6/24 - Form S-3ASR
- PANW's page on the SEC website