Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Darktrace"


7 mentions found


That new trend raises the question: Can cybersecurity companies sustain earnings through a recession? Loukas, whose fund holds cybersecurity stocks such as CrowdStrike and Zscaler , said that as more businesses move into the cloud and cybersecurity threats evolve, companies will continue to prioritize spending on protection regardless of economic conditions. According to FactSet data, analysts expect the London-listed stock to rise by 89% in the next year. Shares in Silicon Valley-headquartered firms Zscaler and Palo Alto Networks are also expected to rise by 62% and 45%, respectively. Meanwhile, analysts at Mizuho said CrowdStrike , a Texas-based cybersecurity firm, is an "unrivaled" market leader.
Ransomware Simulation Debrief
  + stars: | 2022-12-06 | by ( Eamon Javers | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRansomware Simulation DebriefCol. Sean Hannah joins cybersecurity experts Nicole Eagan and Charles Carmakal on stage to debrief the results of the ransomware simulation and discuss the many layers cyber risk that companies face today. They will recap how the members approached the scenario and the decisions made, as we dig further into how companies and governments can work together to prepare for future attacks. CNBC's Eamon Javers moderates a discussion with Col. Sean Hannah, US Army retired; Charles Carmakal, Mandiant SVP & CTO and CNBC Technology Executive Council member; and Nicole Eagan, Darktrace Chief Strategy Officer, AI Officer and CNBC Technology Executive Council member at the 2022 CNBC CFO Council Summit on November 30, 2022.
A startup building encryption software to secure business communications on Slack and Teams just raised $11 million. London-based startup Worldr has built an additional layer of "zero-trust" infrastructure offering security, privacy, and compliance for business communication apps. As the company scaled into new markets, it became a highly regulated business, Buchan told Insider. This means that despite using Slack or Teams for business communications, those companies can't access the customer's data. The company has built integrations for Microsoft Teams, Slack, and WhatsApp, and has Microsoft Outlook in the works.
Darktrace sticks to guidance, wary of FX headwinds
  + stars: | 2022-10-12 | by ( ) www.reuters.com   time to read: +1 min
LONDON, Oct 12 (Reuters) - British cybersecurity company Darktrace (DARK.L), which in August was the subject of takeover interest, said it was maintaining its annual guidance but warned that foreign exchange headwinds could weigh on its performance. U.S. technology investor Thoma Bravo said last month that it would not make an offer for Darktrace after it failed to agree terms of a deal. It has since recovered around 6% in value, but is still showing a nearly 19% loss so far this year. "Darktrace is maintaining its expectation for FY 2023 year-over-year revenue growth of between 30% and 33%, though it will continue to monitor FX rates, and their potential impacts on revenue, for downside movement," the company said in a statement. Register now for FREE unlimited access to Reuters.com RegisterReporting by Sarah Young; editing by James DaveyOur Standards: The Thomson Reuters Trust Principles.
Oct 11 (Reuters) - ForgeRock (FORG.N) said on Tuesday it will be acquired by buyout firm Thoma Bravo in an all-cash deal valued at about $2.3 billion, just over a year after the digital identity management company went public. ForgeRock shareholders will receive $23.25 for each share held, which represents a premium of about 53.4% to the stock's last closing price. Register now for FREE unlimited access to Reuters.com RegisterShares of ForgeRock jumped 50% to $22.76 before the bell. San Francisco-based ForgeRock provides identity and access management solutions for consumers, workforce and internet of things devices. Register now for FREE unlimited access to Reuters.com RegisterReporting by Eva Mathews in Bengaluru; Editing by Shailesh KuberOur Standards: The Thomson Reuters Trust Principles.
Sept 28 (Reuters) - Cloud-based data platform Workiva (WK.N) has received takeover interest from private equity firms Thoma Bravo and TPG (TPG.O), Bloomberg News reported on Wednesday citing sources familiar with the matter. Private equity firms have taken several software companies including Anaplan and Zendesk Inc private this year. Thoma Bravo this year has acquired cybersecurity firm SailPoint, agreed to buy Ping Identity Holding (PING.N) and has expressed interest in British firm Darktrace Plc (DARK.L) and Australia's Nearmap (NEA.AX). Workiva, which currently has a market value of $3.4 billion, told Reuters it would not comment on market rumors and speculation. Thoma Bravo and TPG did not immediately respond to a Reuters request for comment.
T-Mobile US transmits clear signal to investors
  + stars: | 2022-09-09 | by ( ) www.reuters.com   time to read: +2 min
NEW YORK, Sept 9 (Reuters Breakingviews) - T-Mobile US (TMUS.O) is sending a clear signal about the benefits of being bigger. The $182 billion company announced a $14 billion share buyback program on Thursday, reflecting the fact that both profit and subscriber numbers are rising. Fears that mobile prices would rise when T-Mobile acquired SoftBank’s Sprint have not materialized, allaying at least one of the potential objections to the merger. Last quarter, it raised its forecast for additional subscribers for this year to as high as 6.3 million from a previous high of 5.8 million. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Total: 7