Palo Alto Networks Inc
Change company Symbol lookup
Select an option...
PANW Palo Alto Networks Inc
LMT Lockheed Martin Corp
TELL Tellurian Inc
PFE Pfizer Inc
AGNC Agnc Investment Corp
AAPL Apple Inc
GRTYA Guaranty Corp
SATS EchoStar Corp
$DJI Dow Jones Industrials
TIKK Tel-Instrument Electronics Corp
Go

Information Technology : Software | Mid Cap Growth
Company profile

Palo Alto Networks, Inc. is a cyber security service provider. The Company offers security platform that empowers enterprises, service providers and government entities to secure all users, applications, data, networks and devices with comprehensive visibility and context continuously across all locations. The Company delivers cybersecurity products covering a broad range of use cases, enabling its end-customers to secure their networks, remote workforce, access to the service edge, branch locations, public and private clouds, and to advance their Security Operations Centers (SOC). The Company delivers its solutions in three fundamental areas: Secure the Enterprise, Secure the Cloud and Secure the Future.

Postmarket

Last Trade
Delayed
$303.00
-1.29 (-0.42%)
Bid
--
Ask
--
B/A Size
--

Market Hours

Closing Price
$304.29
Day's Change
7.66 (2.58%)
Bid
--
Ask
--
B/A Size
--
Day's High
306.00
Day's Low
296.92
Volume
(Heavy Day)
Volume:
1,113,365

10-day average volume:
894,721
1,113,365

Palo Alto Networks and PwC Join Forces to Boost Cybersecurity Defenses

12:00 pm ET October 29, 2020 (PR Newswire) Print

Palo Alto Networks (NYSE: PANW), the global cybersecurity leader, and PwC today announced an expanded partnership to deliver managed detection and response (MDR) services to joint customers. The offering combines MDR services delivered by PwC -- Managed Cyber Defence -- and Cortex XDR(TM) by Palo Alto Networks. Together, customers can take advantage of a state-of-the-art managed threat hunting, protection, detection and response service from anywhere, globally.

The Managed Cyber Defence service fuses the power of PwC's global threat intelligence, thousands of hours of incident response expertise, and advisory services with Cortex XDR, the industry's first fully integrated detection and response platform, to provide a unique level of protection with unrivaled visibility and detection capabilities. As a result, security teams can significantly reduce attack dwell time, down to minutes, and manual day-to-day security operations workloads by up to 90%, elevating organizations to a mature security posture.

According to Christina Richmond, vice president of Worldwide Security Services research at IDC, "The evolving threat landscape has forced organizations to mature their security capabilities, creating opportunities for PwC to elevate their offerings and provide a blending of managed security/MDR and professional security capabilities."

Built to cater to organizations of any size, in any industry, PwC's Managed Cyber Defense reduces response times from what typically takes days to minutes, minimizing the likelihood of an emerging threat manifesting as a breach. Detection of emerging attacker behaviors and pivoted attack scenarios put organizations on a path to proactive defense against "the unknown," while extending protection across on-premises, cloud, virtualized and IoT environments.

Cortex XDR is the industry's first extended detection and response platform that runs on integrated endpoint, network, cloud and third-party data to reduce noise and focus on real threats. By combining Cortex XDR with MDR services, customers can relieve the day-to-day burden of security operations and achieve 24/7 coverage, from alert management and investigation to incident response.

Colin Slater, cyber security partner at PwC UK, had this to say:

"Our unique market insight and trusted relationships with our clients makes us best placed to advise on their cyber challenges. Using this in-depth knowledge, we have meticulously created a service offering to address our clients' pain points. We are excited to work with Palo Alto Networks as the market demands new ways to do detection and response. COVID-19 has spurred a move to remote work at a scale that has left many businesses more vulnerable than ever to cyberattacks because they are less able to respond and recover remotely. PwC's cybersecurity team has responded to several major incursions from nation-state threat groups and mitigated cyber breaches caused by vulnerabilities introduced through transitions to remote work at scale. Preventing these attacks is a core element of the PwC and Palo Alto Networks approach."

Shailesh Rao, senior vice president for Cortex at Palo Alto Networks, offered:

"We are thrilled to expand our partnership with PwC through the delivery of best-in-class managed detection and response (MDR) services powered by Cortex XDR to our joint customers. More and more enterprise customers have validated PwC's service over the last year in detecting and responding to cyberattacks. The combination of advisory services, analytics, and modern, AI-driven detection and response capabilities and metrics, with visibility across an enterprise's entire infrastructure, is made possible by our unmatched joint Cortex XDR and MDR service offering."

About PwC

At PwC, our purpose is to build trust in society and solve important problems. We're a network of firms in 157 countries with over 276,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at www.pwc.com.

PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details.

For more information on PwC's cyber security team, please go to pwc.co.uk/cybersecurity.

About Palo Alto Networks Palo Alto Networks, the global cybersecurity leader, is shaping the cloud-centric future with technology that is transforming the way people and organizations operate. Our mission is to be the cybersecurity partner of choice, protecting our digital way of life. We help address the world's greatest security challenges with continuous innovation that seizes the latest breakthroughs in artificial intelligence, analytics, automation, and orchestration. By delivering an integrated platform and empowering a growing ecosystem of partners, we are at the forefront of protecting tens of thousands of organizations across clouds, networks, and mobile devices. Our vision is a world where each day is safer and more secure than the one before. For more information, visit www.paloaltonetworks.com.

Palo Alto Networks, Cortex, and the Palo Alto Networks logo are trademarks of Palo Alto Networks, Inc. in the United States and in jurisdictions throughout the world. All other trademarks, trade names, or service marks used or mentioned herein belong to their respective owners.

https://mma.prnewswire.com/media/325503/palo_alto_networks_logo_2015.jpg

https://c212.net/c/img/favicon.png?sn=SF74506&sd=2020-10-29

View original content to download multimedia:http://www.prnewswire.com/news-releases/palo-alto-networks-and-pwc-join-forces-to-boost-cybersecurity-defenses-301163167.html

SOURCE Palo Alto Networks, Inc.

https://rt.prnewswire.com/rt.gif?NewsItemId=SF74506&Transmission_Id=202010291200PR_NEWS_USPR_____SF74506&DateId=20201029

comtex tracking

Earnings Calendar and Events Data provided by |Terms of Use| © 2020 Wall Street Horizon, Inc.

Market data accompanied by is delayed by at least 15 minutes for NASDAQ, NYSE MKT, NYSE, and options. Duration of the delay for other exchanges varies.
Market data and information provided by Morningstar.

Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses.
Please read Characteristics and Risks of Standard Options before investing in options.

Information and news provided by ,, , Computrade Systems, Inc., , and

Copyright © 2020. All rights reserved.