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Palo Alto Networks | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights

Palo Alto Networks is a global leader in cybersecurity, dedicated to transforming the way organizations operate in a cloud-centric...

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Palo Alto Networks logo

Palo Alto Networks is a global leader in cybersecurity, dedicated to transforming the way organizations operate in a cloud-centric world. The company provides a comprehensive suite of security solutions, including advanced firewalls, cloud security, and threat intelligence, aimed at protecting digital infrastructures across various environments. With a mission to be the cybersecurity partner of choice, Palo Alto Networks leverages innovations in artificial intelligence and automation to address the world's most pressing security challenges.

Website
Headquarters
SANTA CLARA, California
Size
10,001+ employees
Industry
Computer and Network Security
Specialities
Security Operating Platform, Cloud Security, SaaS Security, Network Security, Next-Generation Firewall, Cybersecurity, Threat and Malware Prevention, URL Filtering, Threat Intelligence, Enterprise Security Platform, Endpoint Security, Threat Research, Unit 42, NextWave Partners, Amazon Web Services, Microsoft Azure, Google Cloud Platform, VMware NSX, Application Framework, Behavioral Analytics, Logging Service, Network Security Management, LIVE Community, Cybersecurity Canon, Fuel User Group, Cyber Threat Alliance

🛍️ Palo Alto Networks Product and Pricing News →

👔 Palo Alto Networks CEO, Management and Leadership Team →

⚔️ Palo Alto Networks Alternatives and Competitors →

💼 Palo Alto Networks Hiring and Layoffs →

🤖 Palo Alto Networks Developer, Integration and Automation News →

📈 Palo Alto Networks Financials, Fundraising and Valuation News →

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🛍️ Palo Alto Networks Product and Pricing News

  • Palo Alto Networks integrated Google Cloud's Personalized Service Health signals into its PRISMA Access incident workflow to enhance incident resolution speed.
  • Palo Alto Networks has improved its Advanced URL Filtering by 10% using adversarial machine learning to counter AI-rewritten malicious scripts, as shared by Swapna Bapat, Managing Director and Vice President, India and SAARC.
  • Palo Alto Networks, led by Daniela Menéndez in Mexico, has introduced new OT security solutions including risk-based virtual patching and AI-driven tools to combat increasing cyber threats in industrial operations.
  • Palo Alto Networks is launching Zero Trust 2.0 to enhance cybersecurity by reducing complexities and securing access and data.
  • Palo Alto Networks has expanded its product offerings with new additions like Advanced Threat Prevention and AI Security Posture Management, and increased its focus on industries such as Technology and Financial Services.

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  • Palo Alto Networks improved IoT security data processing speeds by 50% and reduced infrastructure costs by 40% through a new architecture using Amazon Redshift, enhancing their ability to serve customers.
  • Palo Alto Networks has introduced advanced troubleshooting capabilities in ADEM to quickly resolve app access issues caused by security policies or real-time threats.
  • Palo Alto Networks has launched SSH and RDP capabilities in Prisma Access Browser, enhancing secure remote management for privileged users and operational technology environments.

👔 Palo Alto Networks CEO, Management and Leadership Team

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⚔️ Palo Alto Networks Alternatives and Competitors

  • Cisco Systems
    • |
  • Fortinet
    • |
  • Check Point Software Technologies
    • |
  • Juniper
    • |
  • SonicWall
    • |
  • Barracuda
    • |
  • Sophos
    • |
  • F5
    • |
  • Armis
    • |
  • Darktrace
    • |
  • Lacework
    • |
  • Crowdstrike
    • |
  • Zscaler

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💼 Palo Alto Networks Hiring and Layoffs

  • Myo Zarny has joined Palo Alto Networks as Director, Product Management, SASE in the United States, previously serving as Director, Product Management, Cloud and Data Center Security at Juniper Networks.
  • Vivek Bhola has joined Palo Alto Networks as Director Strategic Alliances - EMEA & LATAM in the United Kingdom, previously serving as Director at VMware.
  • James Lee has left Palo Alto Networks as Majors, Regional Vice President in the United Kingdom to join Reliance Cyber as Chief Revenue Officer (CRO).
  • Michael Pistone has left Palo Alto Networks, where he served as Vice President of Global and Strategic Sales in the United States, to join BlackLake Security as Chief Revenue Officer (CRO).
  • Hadi Zakhem has left Palo Alto Networks as a Senior District Sales Manager, Emerging Markets in the United Arab Emirates to join Netskope as Vice President of Sales.

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  • Kane Lightowler has left Palo Alto Networks, where he served as Vice President - WW GTM Prisma Cloud, to join Veza as President & Chief Operating Officer in the United States.
  • Jessica Chancellor has joined Palo Alto Networks as Director, Value CoE Exec, Cloud from her previous role as Managing Director, Inspire Value at ServiceNow in the United States.
  • Anu Bansal has joined Palo Alto Networks as Senior Director IT, NPI in the United States, previously serving as Director IT - Product Management & Engineering at Cisco.

🤖 Palo Alto Networks Developer, Integration and Automation News

  • Palo Alto Networks is partnering with IBM and the UK Home Office to secure Great Britain's Emergency Services Network using Precision AI and 24/7 cyber incident response services.
  • NXP Semiconductors partnered with Palo Alto Networks for an AI-ready, unified security platform to enhance response times, efficiency, and Zero Trust.
  • Palo Alto Networks is collaborating with NTT DATA, Inc. to enhance real-time digital asset protection.
  • Palo Alto Networks is collaborating with Mastercard, KPMG, EC3 Europol, ENISA, and NIST on a new cybersecurity approach to prevent a cyber-pandemic.
  • Palo Alto Networks helped Darwinbox achieve a 90% reduction in tool sprawl, eliminate high-priority incidents, and cut compliance report turnaround time to 30 minutes.

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  • Colgate-Palmolive improved its global manufacturing security by adopting Palo Alto Networks' unified platform, including Next-Generation Firewalls, Prisma SASE, and Cortex XSOAR, as stated by Alexander Schuchman, CISO of Colgate-Palmolive.
  • Palo Alto Networks used AnthropicAI's Claude models on Vertex AI to speed up their software development process.
  • Dean Clark from SaltBankRo built the bank in under a year using Palo Alto Networks' Prisma Cloud with a focus on security-first principles.

📈 Palo Alto Networks Financials, Fundraising and Valuation News

  • Palo Alto Networks achieved a 360% stock gain over five years, leading to a 2-for-1 stock split in December, but now faces challenges with high valuation and the need for flawless execution to meet growth projections.
  • On November 20, Palo Alto Networks announced a 2-for-1 stock split with an ex-date of December 12, following strong Q1 earnings and free cash flow results.
  • Palo Alto Networks' recent acquisitions of QRadar SaaS and Talon Cyber Security are considered its best yet, with the QRadar deal alone generating over $80 million in bookings and positioning the company to become a top player in the SIEM market, according to CEO Nikesh Arora.
  • Deep-pocketed investors have shown a bearish sentiment towards Palo Alto Networks, with 54% of options activity being bearish, involving significant trades in a price range of $250 to $430.
  • Argus raised Palo Alto Networks' price target to $443 from $400 after the company reported a 14% year-over-year revenue growth to $2.1 billion in Q1.

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