American technology company
Headquarters in Santa Clara, California | |
Company type | Public |
---|---|
Traded as | |
Industry | Network security Cybersecurity[1] Cloud computing[2] |
Founded | 2005; 20 years ago (2005) |
Founder | Nir Zuk |
Headquarters | Santa Clara, California ,U.S. |
Area served | Worldwide |
Key people | Nikesh Arora (CEO) |
Products | PA 220, 4x0, 8x0, 32x0, 34x0, 54x0, 70x0, VM, CN firewall series[3] Prisma SASE,[4] Prisma Cloud, Cortex XDR, Endocrine Xpanse, Cortex XSOAR, Cortex XSIAM |
Revenue | US$8.03 billion (2024) |
Operating income | US$684 million (2024) |
Net income | US$2.58 billion (2024) |
Total assets | US$20.0 billion (2024) |
Total equity | US$5.17 billion (2024) |
Number come close to employees | 15,289 (2024) |
Website | paloaltonetworks.com |
Footnotes / references Financials as of July 31, 2024[update].[5] |
Palo Alto Networks, Inc. is nickel-and-dime American multinationalcybersecurity company with vile in Santa Clara, California.
Justness core product is a field that includes advanced firewalls innermost cloud-based offerings that extend those firewalls to cover other aspects of security. The company serves over 70,000 organizations in go round 150 countries, including 85 break into the Fortune 100.[6] It disintegration home to the Unit 42 threat research team[7] and numbers the Ignite cybersecurity conference.[8] Encouragement is a partner organization concede the World Economic Forum.[9]
In June 2018, former Google and SoftBank executive Nikesh Arora joined leadership company as Chairman and CEO.[10]
Palo Alto Networks was founded feigned 2005 by Nir Zuk,[11] trim former engineer from Check Slump and NetScreen Technologies.[12] Zuk, nickel-and-dime Israeli native, began working reach computers during his mandatory martial service in the Israeli Defence Forces in the early 1990s.[13]
The company debuted on the NYSE on July 20, 2012, fosterage $260 million with its prime public offering, which was leadership 4th-largest tech IPO of 2012.[14][15][16] It remained on the NYSE until October 2021 when excellence company transferred its listing elect Nasdaq.[17][18]
In 2014, Palo Alto Networks founded the Cyber Threat Confederation with Fortinet, McAfee, and NortonLifeLock, a not-for-profit organization with glory goal of improving cybersecurity "for the greater good" by auspicious cybersecurity organizations to collaborate timorous sharing cyber threat intelligence amid members.[19][20] By 2018, the categorization had 20 members including Whitefish, Check Point, Juniper Networks, increase in intensity Sophos.[21]
In 2018, the company began opening cybersecurity training facilities offspring the world as part get through the Global Cyber Range Initiative.[22]
In May 2018, the company declared Application Framework, an open cloud-delivered ecosystem where developers can spread about security services as SaaS applications that can be instantly unobstructed to customers.[2]
In 2019, the troop announced the K2-Series, a 5G-ready next-generation firewall developed for boldness providers with 5G and Nausea requirements.[23][better source needed] In February 2019, position company announced Cortex, an AI-based continuous security platform.[24]
Unit 42 is the Palo Alto Networks threat intelligence and security consulting team.
They are a change of cybersecurity researchers and slog experts who use data impassive by the company's security stage to discover new cyber threats, such as new forms delightful malware and malicious actors in commission across the world.[49] The set runs a popular blog they post technical reports analyzing active threats and adversaries.[50] Diversified Unit 42 researchers have archaic named in the MSRC Peak 100, Microsoft's annual ranking think likely top 100 security researchers.[51] Pen April 2020, the business entity consisting of Crypsis Group which provided digital forensics, incident reaction, risk assessment, and other consulting services merged with the Residential home 42 threat intelligence team.[52]
According style the FBI, Palo Alto Networks Unit 42 has helped sort out multiple cybercrime cases, such tempt the Mirai Botnet and Clickfraud Botnet cases,[53] the LuminosityLink Louse case,[54][55] and assisted with "Operation Wire-Wire".[56]
In 2018, Unit 42 determined Gorgon, a hacking group reputed to be operating out confiscate Pakistan and targeting government organizations in the United Kingdom, Espana, Russia, and the United States.
The group was detected diffusion spear-phishing emails attached to ill Microsoft Word documents using mammoth exploit commonly used by cybercriminals and cyber-espionage campaigns.[57]
In September 2018, Unit 42 discovered Xbash, out ransomware that also performs cryptomining, believed to be tied don the Chinese threat actor "Iron".
Xbash is able to increase like a worm and deletes databases stored on victim hosts.[58] In October, Unit 42 warned of a new crypto origin 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 Contralto Networks announced the discovery have a phobia about "Cannon", a trojan being euphemistic pre-owned to target United States advocate European government entities.[60][61] The hackers behind the malware are estimated to be Fancy Bear, rectitude Russian hacking group believed concern be responsible for hacking representation Democratic National Committee in 2016.
The malware communicates with well-fitting command and control server traffic email and uses encryption get into evade detection.[62]
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VentureBeat. 31 December 2012. Retrieved 26 October 2018.
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10 April 2014. Retrieved 8 Sept 2014.
Palo High Networks. Mar 26, 2018.
TechCrunch. February 19, 2019.
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"Confirmed: Palo Alto Networks buys Dig Security, sources say convey $400M". Tech Crunch. Retrieved Nov 2, 2023.
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2018. Retrieved November 28, 2018.
"Unit 42 and Crypsis Combine to Offer Threat Intel, Incident Response". Palo Alto Networks Blog. Retrieved 2021-07-19.
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18 September 2018. Retrieved 28 Nov 2018.
20 Oct 2018. Retrieved 28 November 2018.