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Published the Zscaler ThreatLabz 2024 Ransomware Report, which analyzed the ransomware threat landscape from April 2023 through April 2024. Findings in the report uncovered an 18% overall increase in ransomware attacks year-over-year, as well as a record-breaking ransom payment of US$75 million – nearly double the highest publicly known ...
Zscaler's (NASDAQ: ZS) stock price sank 19% on Sept. 4 after its latest earnings report came out. For the fourth quarter of fiscal 2024, which ended on July 31, the cybersecurity company's revenue ...
Zscaler released what looked like a solid report on the surface. Revenue for fiscal Q4 was $593 million, a 30% increase from year-ago levels. Moreover, the rise in cost of goods sold and operating ...
Investors didn't like that guidance, and at least a few analysts were cold to it, too. Several cut their price targets on Zscaler stock in the wake of that earnings release, with one taking the ...
Zscaler was founded in 2007 by Jay Chaudhry and K. Kailash. [4] The company launched its cybersecurity platform in 2008. [5] In August 2012, Zscaler secured $38 million in funding from investors. [6] The company's second funding round, led by TPG Capital, raised $100 million in August 2015. [7]
Zscaler's switchboard, known as the Zscaler Zero Trust Exchange, is the world’s largest security cloud which processes over 360B+ transactions and 500T+ signals daily. The company’s cybersecurity solutions use context such as a user’s location, their device’s security posture and the content being exchanged to determine whether it’s ...
For a deeper dive into best practices for protecting your organization and the full findings, download the Zscaler ThreatLabz 2024 Ransomware Report. Methodology The research methodology for this report is a comprehensive process that uses multiple data sources to identify and track ransomware trends. The report team collected data from a ...
It's been a wild ride for Zscaler (NASDAQ: ZS) investors so far in 2024. While shares of the zero-trust cloud cybersecurity innovator gained more than 40% over the past year, they are also down by ...