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COMP:ZSC, Jul 10, 05:49 UTC

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Tuesday, April 14


News

Zscaler appoints new A/NZ channels head

ZSC

At the same time, he will be responsible for growing mutually successful relationships between Zscaler and its ecosystem of alliance partners, global and local managed service providers, value-added resellers and tier-1 systems integrators. Farrokhnia joins Zscaler with more than 18 years’ experience of working in the enterprise IT and telecommunications industry across business development, client management, consulting and sales enablement programs. His last role at Telstra was Global enterprise capability and growth head where he worked closely with the organisation’s executive team to consult, develop and deliver services that enhanced customer and employee experience. “His skill set and experience of working with both growth companies and large multinationals in different geographies will be invaluable as we drive our channel growth and continue to enable Australian and New Zealand businesses to securely transform their networks and applications for a mobile and cloud-first world.

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securitybrief.com.au
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News

Zscaler announces acquisition of Cloudneeti, doubling down on data protection

ZSC

Zscaler, Inc has today announced its intent to acquire Cloudneeti, a Cloud Security Posture Management (CSPM) company. “Cloudneeti augments Zscaler’s data protection capabilities and will dramatically improve organisations’ cloud security by discovering and eliminating some of the most common causes of data breaches and compliance violations,” says Zscaler chief executive officer and chairman Jay Chaudhry. “Whether caused by SaaS applications being configured incorrectly or a developer accidentally misconfiguring a new public cloud application, these preventable data protection lapses are behind some of the biggest breaches in history. Zscaler already provides data protection for SaaS applications with CASB. But with Cloudneeti, Zscaler can now extend that data protection to public cloud workloads, further improving Zscaler’s data protection offerings. As a result of the acquisition, the joint services of the two companies can provide customers with:.

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Zscaler to acquire startup Cloudneeti - Security - CRN Australia

ZSC

Zscaler has agreed to purchase cloud security posture management startup Cloudneeti to prevent and remediate application misconfigurations in the cloud. “Whether caused by SaaS applications being configured incorrectly or a developer accidentally misconfiguring a new public cloud application, these preventable data protection lapses are behind some of the biggest breaches in history,” Zscaler Chairman and CEO Jay Chaudhry said in a statement. Cloudneeti provides clients with data protection and exposure prevention across locations, users and application types to ensure consistent and comprehensive data loss prevention in compliance with regulations like GDPR, according to Zscaler. The Cloudneeti platform provides compliance visibility and violation mitigation across SaaS applications like Microsoft Office 365 as well as public cloud platforms like Amazon Web Services and Microsoft Azure, Zscaler said.

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crn.com.au
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Monday, April 13


News

Why Zscaler Is Best Positioned To Benefit From Secular Trend Toward Cloud-Based Security Platform

ZSC

Sell-side has touted Zscaler Inc (NASDAQ:ZS) as one of the software companies that could weather the spending headwinds arising out of the COVID-19 pandemic. The current secular trend toward cloud-based security platform will likely accelerate due to the current work-from-home trend and increasing adoption of virtual work environment going forward, Kim said, and Zscaler is the best-positioned security software to benefit from the trend. With workloads increasingly migrating to cloud and more users accessing cloud applications and deployments outside of the corporate network, the market is looking for a "new security paradigm based on a multi-tenant cloud platform" that displaces the traditional approach, the analyst said. "In our view, ZS is the single best pure-play vendor to play this secular trend that represents the highest priority for most organizations," Kim wrote in the note.

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benzinga.com
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News

iTWire - Zscaler to acquire Cloudneeti

ZSC

Zscaler already provides data protection for SaaS applications with CASB, but Cloudneeti's technology will add consistent and comprehensive data loss prevention in compliance with regulations like GDPR, compliance visibility and violation mitigation across SaaS applications such as Microsoft Office 365 and cloud services including Amazon Web Services and Microsoft Azure, and automated remediations that follow industry and organisationally-defined policies. “Whether caused by SaaS applications being configured incorrectly or a developer accidentally misconfiguring a new public cloud application, these preventable data protection lapses are behind some of the biggest breaches in history. We are excited to be working with Zscaler to provide market-leading security assurance to help customers accelerate their digital transformation journey.”. VENDOR CONTRIBUTION Australian cloud Customer Communication Management provider, CoTé Software…. How embracing Zero Trust will improve IT security.

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itwire.com
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News

Stock Under Review:: Zscaler, Inc., (NASDAQ: ZS) - NyseStockAlerts

ZSC

Growth in E-P-S is an essential measure of administration performance because it shows how much money the company is making for its investors or stakeholders, just not changes in profit but also after-effects of issuance of new shares (this is especially important when the growth comes as a result of acquisition). ZS stock construct a change of -3.60 in a total of its share price and finished its trading at 62.59. The E-P-S of ZS is strolling at -0.50, counting Earning per Share growth this year at 62.90%. As a result, the company has an earning per share growth of 53.90% for the next year. Taking a look at the performance of Zscaler, Inc. stock, a stockholder knows that the weekly performance for this stock is valued at 2.30%, resulting in a performance for the month at 45.97%. Therefore, the stated figure shows a four-month performance of 15.91%, bringing the 6-month working result to 29.80% and YTD performance of 34.60%. As of now, Zscaler, Inc. has a P/S, P/E and P/B values of 23.32, and 25.14 respectively.

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nysestockalerts.com
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Sunday, April 12


News

Zscaler acquires Cloudneeti to extend data protection coverage in the Zscaler Cloud Security Platform - Help Net Security

ZSC

“Cloudneeti was built in the cloud for the cloud, which is why Zscaler is such an exciting technological and cultural fit for the team. Zscaler Cloud Security Platform was built from the ground up to help organizations deliver world-class security and a great experience as they embrace digital transformation. Zscaler already provides data protection for SaaS applications with CASB. Gartner writes, “Through 2024, organizations implementing a CSPM offering and extending this into development will reduce cloud-related security incidents due to misconfiguration by 80%.” Cloudneeti also vastly improves compliance assurance and reporting – a constant and complicated pain point for CIOs and their organizations.

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Story Sources

helpnetsecurity.com
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Friday, April 10


News

Zscaler Buys Cloud Security Startup Cloudneeti - SDxCentral

ZSC

Zscaler will acquire Cloudneeti for an undisclosed amount in a deal that adds cloud security posture management (CSPM) to its platform. Gartner recommends all cloud security vendors invest in CSPM, and forecasts “through 2024, organizations implementing a CSPM offering and extending this into development will reduce cloud-related security incidents due to misconfiguration by 80%.”. Last year Aqua Security purchased CloudSploit, Trend Micro bought Cloud Conformity, and Sophos acquired Avid Secure to add CSPM to their portfolios. And in 2018, CheckPoint acquired Dome9 and Palo Alto Networks bought a couple of CSPM vendors: Evident.io and RedLock. Zscaler last year added out-of-band cloud access security broker (CASB) capabilities to its platform to provide visibility and enable data protection for SaaS applications. And after adding CASB, “the second piece that started to come up in discussions with customers was ‘we have a fair number of workloads running in public clouds — AWS, Azure, GCP, you name it,’” Minocha said.

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sdxcentral.com
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News

Apr 10, 2020 - Zscaler Inc (ZS) CFO Remo Canessa Sold $7.2 million of Shares

ZSC

CFO of Zscaler Inc (30-Year Financial, Insider Trades) Remo Canessa (insider trades) sold 110,000 shares of ZS on 04/08/2020 at an average price of $65 a share. It engages in developing a platform incorporating core security functionalities needed to enable users to safely utilize authorized applications and services based on an organization's policies. Zscaler Inc has a market cap of $8.1 billion; its shares were traded at around $62.59 with and P/S ratio of 22.04. The price of the stock has increased by 45.76% since. For the complete insider trading history of ZS, click here.

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gurufocus.com
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Thursday, April 09


News

Zscaler snaps up cloud security startup Cloudneeti - SiliconANGLE

ZSC

Publicly traded cybersecurity provider Zscaler Inc. today said it’s acquiring Cloudneeti Corp., a Seattle startup that helps companies find configuration-related vulnerabilities in their cloud applications. Cloudneeti’s namesake product scans cloud applications for poorly defined security settings and other configuration issues with the potential to open the door to hackers. Cloudneeti says that its service works with workloads running on Amazon Web Services, Microsoft’s Azure and Google Cloud, as well certain popular software-as-a-service suites such as Office 365. “Whether caused by SaaS applications being configured incorrectly or a developer accidentally misconfiguring a new public cloud application, these preventable data protection lapses are behind some of the biggest breaches in history,” Zscaler Chief Executive Officer Jay Chaudhry noted in a statement.

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Story Sources

siliconangle.com
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