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CHECK POINT SOFTWARE TECHNOLOGIES LTD.

(CHKP)
  Report
Delayed Nasdaq  -  01:00 2022-11-25 pm EST
132.41 USD   +0.71%
11/25Check Point Software Launches Cyberup : Israel's Premier Accelerator Hub for Cybersecurity Start-ups
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11/23Check Point Software Launches CyberUp Program to Bolster Startups
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11/23Check Point Software Launches Cyberup : Israel's Premier Accelerator Hub for Cybersecurity Start-ups
AQ
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Check Point Software Launches Industry-Leading Security Operations Solutions and Services Suite with Prevention-First Approach

09/13/2022 | 10:05am EST

Check Point®Software Technologies Ltd. has announced the launch of Check Point Horizon – the industry-leading prevention-focused suite of security operations solutions and services that combines proactive management solutions for Managed Prevention and Response (MDR/MPR), Extended Prevention and Response (XDR/XPR) and Events. All powered at the click of a button and supported by the industry's top analysts, research experts and innovative AI technology. The cyber threat landscape has never been more severe.

Check Point's Mid-Year Report recently revealed a 42% global increase in cyberattacks and ransomware is now the number one threat to businesses. Attacks are increasing all the time as security teams struggle to shut down breaches before damage spreads due to the distraction of endless alerts and false positives across multiple siloed tools and a narrow attack vector view that lacks context. The problem is made worse by a lack of cyber experience and the ongoing skills shortage.

Against this backdrop, there is now a critical need for all organizations to have a security operations center (SOC), with 24/7 monitoring, response, and threat hunting capabilities. However, for the majority, running this kind of operation is too complex and expensive. Also, SOC provision up to now, does not match the scale of the challenge as the industry is only focused on detecting and responding to attacks rather than preventing them.

Check Point Horizon brings a prevention-first approach to security operations by providing SOC teams with the tools and services needed to prevent attacks in real-time with fewer resources. It includes: Check Point Horizon XDR/XPR increases security operations efficiency by quickly detecting, investigating, and automating responses to attacks across the entire IT infrastructure. By leveraging innovative AI technologies and big data threat intelligence, aggregated from hundreds of millions of sensors worldwide, Horizon XDR/XPR is able to identify threats inside the organization and prevent them from spreading.

Check Point Horizon MDR/MPR is a prevention-first MDR service backed by Check Point´s elite experts who deliver a powerful SOC-as-a-Service. The Check Point analysts' monitor the entire security estate 24/7 – no matter the products or solutions in place - utilizing their 25 years' Incident Response experience to analyze, correlate and understand what's happening, responding on a customer's behalf and making recommendations to drive a prevention mindset throughout the entire delivery of the service. Horizon Events – Horizon Events provides complete event visibility across all Check Point products for efficient monitoring, search, and threat hunting.

Designed for security admins and analysts to investigate and troubleshoot all security incidents, with a simple and intuitive SaaS cloud solution, it saves valuable time and eliminates complexity.


ę S&P Capital IQ 2022
All news about CHECK POINT SOFTWARE TECHNOLOGIES LTD.
11/25Check Point Software Launches Cyberu : Israel's Premier Accelerator Hub for Cybersecurity ..
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Analyst Recommendations on CHECK POINT SOFTWARE TECHNOLOGIES LTD.
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Financials (USD)
Sales 2022 2 327 M - -
Net income 2022 779 M - -
Net cash 2022 3 609 M - -
P/E ratio 2022 21,6x
Yield 2022 -
Capitalization 16 606 M 16 606 M -
EV / Sales 2022 5,58x
EV / Sales 2023 5,07x
Nbr of Employees 5 642
Free-Float 38,5%
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Income Statement Evolution
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Mean consensus HOLD
Number of Analysts 30
Last Close Price 132,41 $
Average target price 137,23 $
Spread / Average Target 3,64%
EPS Revisions
Managers and Directors
Gil Shwed Chief Executive Officer & Director
Tal Payne Chief Financial Officer
Jerry T. Ungerman Chairman
Sharon Schusheim Chief Information Officer & VP-Information System
Yoav Z. Chelouche Independent Director
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