GSMA advances its Network Equipment Security Assurance Scheme

Ericsson, Huawei, Nokia and ZTE, have successfully completed an assessment of their product development and lifecycle management processes using the GSMA’s Network Equipment Security Assurance Scheme (NESAS), which provides a security assurance framework to improve security levels across the mobile industry. The NESAS scheme is a collaboration and jointly led by 3GPP and the GSMA, and is open to all vendors of network equipment products that support...

Read More

AWS launches next-gen SSDs for its Elastic Block Store

Amazon Web Services announced the general availability of io2, the next generation Provisioned IOPS SSD volumes for Amazon Elastic Block Store. The new io2 volume is designed for 100x higher volume durability (99.999%) when compared to the 99.9% durability offered by io1 Amazon EBS volumes. Higher volume durability reduces the likelihood of storage failures and makes the primary copy of customers’ data more resilient, resulting in better application...

Read More

Palo Alto Networks to acquire The Crypsis Group

Palo Alto Networks agreed to acquire The Crypsis Group, a leading incident response, risk management and digital forensics consulting firm, for $265 million in cash. The Crypsis Group's more than 150 security consultants have handled some of the most complex and significant cybersecurity incidents, responding to more than 1,300 security engagements per year. The company was named one of the Top 10 Digital Forensics Services Companies of 2019 and...

Read More

Palo Alto Networks' revenue grows 18% yoy to $950M

Palo Alto Networks reported revenue of $950.4 million for its fiscal fourth quarter 2020, ended July 31, 2020, up 18% year over year, compared with total revenue of $805.8 million for the fiscal fourth quarter 2019. GAAP net loss for the fiscal fourth quarter 2020 was $58.9 million, or $0.61 per diluted share, compared with GAAP net loss of $20.8 million, or $0.22 per diluted share, for the fiscal fourth quarter 2019. Non-GAAP net income for the...

Read More

Zoom suffers widespread outage

Zoom experienced a widespread outage on Monday, the first day of online classes for many schools and universities across the United States. Users in the UK also reported disruptions to the Zoom conferencing service. The company said it began posting a software fix as of 8am PT. ...

Read More

Snowflake files for IPO - cloud data warehousing

Snowflake, a start-up based in San Mateo, California, filed papers with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of its Class A common stock. Snowflake is known for its cloud data platform. Snowflake intends to list its Class A common stock on the New York Stock Exchange under the ticker symbol “SNOW”. Snowflake lands $479M for its cloud data platform Monday, February 10, 2020  Snowflake   Snowflake,...

Read More