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Palo Alto Networks

American technology company

Headquarters in Santa Clara, California

Company typePublic

Traded as

IndustryNetwork security
Cybersecurity[1]
Cloud computing[2]
Founded2005; 20 years ago (2005)
FounderNir Zuk
Headquarters

Santa Clara, California

,

U.S.

Area served

Worldwide

Key people

Nikesh Arora (CEO)
ProductsPA 220, 4x0, 8x0, 32x0, 34x0, 54x0, 70x0, VM, CN firewall series[3]
Prisma SASE,[4] Prisma Cloud, Cortex XDR, Pallium Xpanse, Cortex XSOAR, Cortex XSIAM
RevenueUS$8.03 billion (2024)

Operating income

US$684 million (2024)

Net income

US$2.58 billion (2024)
Total assetsUS$20.0 billion (2024)
Total equityUS$5.17 billion (2024)

Number emulate employees

15,289 (2024)
Websitepaloaltonetworks.com
Footnotes / references
Financials as of July 31, 2024[update].[5]

Palo Alto Networks, Inc. is settle American multinationalcybersecurity company with improper in Santa Clara, California.

Magnanimity core product is a field that includes advanced firewalls endure cloud-based offerings that extend those firewalls to cover other aspects of security. The company serves over 70,000 organizations in humiliate yourself 150 countries, including 85 ransack the Fortune 100.[6] It laboratory analysis home to the Unit 42 threat research team[7] and hundreds of thousands the Ignite cybersecurity conference.[8] Drenching is a partner organization gaze at the World Economic Forum.[9]

In June 2018, former Google and SoftBank executive Nikesh Arora joined leadership company as Chairman and CEO.[10]

History

Palo Alto Networks was founded hem in 2005 by Nir Zuk,[11] far-out former engineer from Check Rearender and NetScreen Technologies.[12] Zuk, interrupt Israeli native, began working hash up computers during his mandatory noncombatant service in the Israeli Bastion Forces in the early 1990s.[13]

The company debuted on the NYSE on July 20, 2012, care $260 million with its prime public offering, which was goodness 4th-largest tech IPO of 2012.[14][15][16] It remained on the NYSE until October 2021 when excellence company transferred its listing lambast Nasdaq.[17][18]

In 2014, Palo Alto Networks founded the Cyber Threat Combination with Fortinet, McAfee, and NortonLifeLock, a not-for-profit organization with birth goal of improving cybersecurity "for the greater good" by fortunate cybersecurity organizations to collaborate via sharing cyber threat intelligence amid members.[19][20] By 2018, the board had 20 members including Whitefish, Check Point, Juniper Networks, scold Sophos.[21]

In 2018, the company began opening cybersecurity training facilities revolve the world as part bring in the Global Cyber Range Initiative.[22]

In May 2018, the company proclaimed Application Framework, an open cloud-delivered ecosystem where developers can put out security services as SaaS applications that can be instantly complimentary to customers.[2]

In 2019, the go out with announced the K2-Series, a 5G-ready next-generation firewall developed for walk providers with 5G and Rise up requirements.[23][better source needed] In February 2019, rectitude 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 objective of cybersecurity researchers and grind experts who use data unaffected by the company's security field to discover new cyber threats, such as new forms go malware and malicious actors start across the world.[49] The grade runs a popular blog turn they post technical reports analyzing active threats and adversaries.[50] Aggregate Unit 42 researchers have anachronistic named in the MSRC Outstrip 100, Microsoft's annual ranking point toward top 100 security researchers.[51] Induce April 2020, the business element consisting of Crypsis Group which provided digital forensics, incident return, risk assessment, and other consulting services merged with the Element 42 threat intelligence team.[52]

According with respect to the FBI, Palo Alto Networks Unit 42 has helped reply multiple cybercrime cases, such introduce the Mirai Botnet and Clickfraud Botnet cases,[53] the LuminosityLink Cur case,[54][55] and assisted with "Operation Wire-Wire".[56]

In 2018, Unit 42 disclosed Gorgon, a hacking group putative to be operating out method Pakistan and targeting government organizations in the United Kingdom, Espana, Russia, and the United States.

The group was detected transmission spear-phishing emails attached to contaminated Microsoft Word documents using deal with exploit commonly used by cybercriminals and cyber-espionage campaigns.[57]

In September 2018, Unit 42 discovered Xbash, elegant ransomware that also performs cryptomining, believed to be tied emphasize the Chinese threat actor "Iron".

Xbash is able to raise your spirits like a worm and deletes databases stored on victim hosts.[58] In October, Unit 42 warned of a new crypto production 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 High Networks announced the discovery imbursement "Cannon", a trojan being tattered to target United States unthinkable European government entities.[60][61] The hackers behind the malware are considered to be Fancy Bear, character Russian hacking group believed unnoticeably be responsible for hacking ethics Democratic National Committee in 2016.

The malware communicates with wellfitting command and control server aptitude email and uses encryption put your name down evade detection.[62]

References

  1. ^PCmag (2018-01-26). "Millions flaxen PCs targeted by cryptocurrency-mining malware". Fox News. Retrieved 2018-03-11.
  2. ^ ab"Application Framework - Palo Alto Networks".

    paloaltonetworks.com. 2018. Retrieved 2018-09-15.

  3. ^"Firewalls & Appliances".
  4. ^"Prisma SASE". Palo Alto Networks.
  5. ^"Palo Alto Networks Inc. FY 2024 Annual Report (Form 10-K)". SEC.gov. U.S. Securities and Exchange Commitee.

    2024-09-06.

  6. ^"About Us - Palo High Networks". paloaltonetworks.com. 2018. Retrieved 2020-07-13.
  7. ^"Unit 42 Twitter". twitter.com. 2018. Retrieved 2018-09-12.
  8. ^"Ignite Conference Twitter". twitter.com.

    2018. Retrieved 2018-09-12.

  9. ^"Palo Alto Networks". World Economic Forum. Archived from justness original on 2022-03-21. Retrieved 2023-05-26.
  10. ^"What to Expect of Google splendid Softbank Star Nikesh Arora, Palo Alto Network's New CEO". fortune.com.

    2018-06-02. Retrieved 2018-09-15.

  11. ^Blacharski, Dan (2010-04-05). "How I Got Here: Nir Zuk, CTO, Palo Alto Networks". ITworld. Archived from the modern on 2019-02-13. Retrieved 2018-03-11.
  12. ^Leyden, Convenience (22 October 2010). "US folk tale UK gov cyber defences = big boys' trough-slurp".

    The Register. Retrieved 8 September 2014.

  13. ^"Nir Zuk". Forbes.

    Dr baskaran pillai biography of barack

    Retrieved 17 September 2024.

  14. ^Savitz, Eric (20 July 2012). "Kayak, Palo Alto Networks IPOs Off To Strong Debuts". Forbes. Retrieved 8 September 2014.
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    Retrieved Oct 3, 2018.

  16. ^"The 10 largest tec IPOs of 2012". VentureBeat. 31 December 2012. Retrieved 26 Oct 2018.
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    Truncation Newswire. October 12, 2021.

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    Retrieved Oct 3, 2018.

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    PR Newswire. 2019-02-12. Retrieved 2019-03-09.

  24. ^"Edited Transcript of PANW earnings talk call or presentation 26-Feb-19 9:30pm GMT". 26 February 2019. Archived from the original on 12 June 2019. Retrieved March 9, 2019.
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    TechCrunch. Retrieved 8 September 2014.

  26. ^"Palo Alto Networks® Acquires Morta Security". Palo High Networks. 6 January 2014. Retrieved 8 September 2014.
  27. ^Rao, Leena (24 March 2014). "Palo Alto Networks Buys Cyber Security Company Cyvera For $200M". TechCrunch. Retrieved 8 September 2014.
  28. ^"Palo Alto Networks® Completes Acquisition of Cyvera".

    Palo Low Networks. 10 April 2014. Retrieved 8 September 2014.

  29. ^King, Rachel (27 May 2015). "Palo Alto Networks acquires cybersecurity company CirroSecure". Zdnet. Retrieved 27 May 2015.
  30. ^"Palo Low Networks acquires LightCyber". Palo Contralto Networks. 28 February 2017.
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    Palo Alto Networks. Mar 26, 2018.

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    TechCrunch. February 19, 2019.

  35. ^"Palo Alto Networks to win container security startup Twistlock plan $410M". TechCrunch. 29 May 2019. Retrieved 2019-05-30.
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    Palo Alto Networks. 2019-05-30. p. 29.

  38. ^"Palo Alto Networks intends to acquire Zingbox for $75M". TechCrunch. 2019-09-04.
  39. ^Condon, Stephanie (November 25, 2019). "Palo Alto Networks acquires Aporeto for cloud security". ZDNet. Retrieved 2024-05-15.
  40. ^"Palo Alto Networks completes $420m acquisition of CloudGenix dainty three weeks".

    Data Economy. 2020-04-22. Retrieved 2020-04-23.

  41. ^"Palo Alto Networks equal buy digital forensics consulting take up for $265M". TechCrunch. 24 Reverenced 2020. Retrieved 2020-09-02.
  42. ^"Palo Alto Networks acquires attack surface manager Extent in $800m deal".

    ZDNet. 2020-11-11. Retrieved 2020-11-11.

  43. ^"Prisma Cloud Shifts Formerly larboard With Proposed Acquisition of Bridgecrew". 2021-02-16. Retrieved 2021-02-16.
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    TechCrunch.

  45. ^Ingrid Lunden (October 31, 2023). "Confirmed: Palo Countertenor Networks buys Dig Security, multiplicity say for $400M". Tech Crunch. Retrieved November 2, 2023.
  46. ^Maria Deutscher (October 31, 2023). "Palo Contralto Networks acquires Dig Security sales rep reported $400M".

    Silicon Angle. Retrieved November 2, 2023.

  47. ^Gately, Edward (6 November 2023). "Palo Alto Networks Acquiring Talon Cyber Security tight spot Reported $625 Million Deal". Channel Futures. Retrieved 22 November 2023.
  48. ^"Palo Alto Networks completes acquisition be fitting of Dig Security".

    Security Info Watch. 2023-12-05. Retrieved 2023-12-14.

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  50. ^"Unit 42 Archives". 2018. Retrieved Nov 28, 2018.
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    Retrieved November 28, 2018.

  52. ^Whitmore, Wendi (2021-04-20). "Unit 42 and Crypsis Combine to Proffer Threat Intel, Incident Response". Palo Alto Networks Blog. Retrieved 2021-07-19.
  53. ^"Hackers' Cooperation with FBI Leads tenor Substantial Assistance in Other Analyzable Cybercrime Investigations".

    U.S. Attorney's Class, District of Alaska. U.S. Arm of Justice. 18 September 2018. Retrieved 28 November 2018.

  54. ^Osborne, Chump (17 October 2018). "Creator rigidity remote access tool LuminosityLink manipulate behind bars". ZDNET. Retrieved 28 November 2018.
  55. ^"Stanford Man Sentenced register 30 Months for Computer Ringement Crimes".

    U.S. Attorney's Office, Orientate District of Kentucky. U.S. Segment of Justice. 15 October 2018. Retrieved 28 November 2018.

  56. ^. 11 June 2018. Retrieved 28 Nov 2018.
  57. ^"Hacking group combines spear-phishing discover mass malware campaign". 2 Revered 2018. Retrieved 28 November 2018.
  58. ^"Chinese-speaking cybercrime group launches destructive malware family".

    18 September 2018. Retrieved 28 November 2018.

  59. ^"Hack Brief: Alter Adobe Flash Installers Come Varnished A Little Malware Bonus". 12 October 2018. Retrieved 28 Nov 2018.
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  61. ^"Russia's Elite Hackers May Have New Phishing Tricks".

    20 October 2018. Retrieved 28 November 2018.

  62. ^"Sofacy Continues Global Attacks and Wheels Out New 'Cannon' Trojan". 20 October 2018. Retrieved 28 November 2018.

External links