Tag Archives: chkp

Are Cisco, Symantec, HP Angling For Fortinet, Qualys?

Cybersecurity firms Qualys (QLYS), Fortinet (FTNT) and Proofpoint (PFPT) could be on the auction block in 2016, likely pitting Cisco Systems (CSCO), Microsoft (MSFT), Hewlett Packard Enterprise (HPE) and Oracle (ORCL) in a “long overdue” M&A battle, FBR analyst Daniel Ives said Wednesday. In a separate research report, a Barclays analyst downgraded Check Point Software Technology (CHKP) stock and lowered his price target on Fortinet stock, despite

‘Mega Breaches’ Drive Growth At Palo Alto Networks

Palo Alto Networks (PANW)topped two investment banks’ 2016 stock winners lists, and one analyst suggests the cybersecurity firm’s rising tide could buoy other security software makers, including Check Point Software Technologies (CHKP), Fortinet (FTNT), Imperva (IMPV) and Proofpoint (PFPT). But the analyst says 2016 might also leave FireEye (FEYE) to drown. FBR analyst Daniel Ives upped his price target on Palo Alto Networks stock to 235 from 210

Rocket Kitten Declawed: Check Point Hacks The Hackers

A gang of Iranian hackers who spent nearly two years targeting U.S., Saudi Arabian and Israeli researchers and duped 26% of its targets into handing over their credentials failed at the most rudimentary protection: locking its own back door. So Check Point Software Technologies (CHKP) walked right in, Shahar Tal, one of the company’s researchers, told IBD. The hackers’ database coding was “configured to be viewable to any visitor,” Tal said.