Proofpoint, Inc.

Proofpoint Signs Definitive Agreement to Acquire Tessian

Retrieved on: 
Monday, October 30, 2023
Proofpoint, Microsoft, DLP, Organization, Acquisition, LLM, Google Workspace, Risk, Machine learning, Proofpoint, Inc., HP Enterprise Security Products, Birdsall Services Group, Confidentiality, Reputational damage, Workload, Medical device, Risk management, Sales, Tutoring

SUNNYVALE, Calif., Oct. 30, 2023 (GLOBE NEWSWIRE) -- Proofpoint Inc ., a leading cybersecurity and compliance company, today announced it has entered into a definitive agreement to acquire Tessian , a leader in the use of advanced AI to automatically detect and guard against both accidental data loss and evolving email threats.

Key Points: 
  • SUNNYVALE, Calif., Oct. 30, 2023 (GLOBE NEWSWIRE) -- Proofpoint Inc ., a leading cybersecurity and compliance company, today announced it has entered into a definitive agreement to acquire Tessian , a leader in the use of advanced AI to automatically detect and guard against both accidental data loss and evolving email threats.
  • Proofpoint protects organizations against social engineering attacks by applying award-winning AI and large language models (LLMs) to block threats and provide real-time threat insights.
  • With the acquisition of Tessian, Proofpoint will enhance its threat and information protection platforms by adding powerful layers of AI-powered defense that address risky user behaviors, including misdirected email and data exfiltration.
  • Tessian Enforcer: Automatically protects against data exfiltration and safeguards intellectual property without predefined rules or deny-lists.

Proofpoint Announces CEO Transition

Retrieved on: 
Wednesday, October 25, 2023
Proofpoint, Inc., Proofpoint, Interim, Organization, Risk management

He will assume Ashan Willy’s responsibilities, who is stepping down as CEO of Proofpoint after seven years with the company to pursue an opportunity outside of the cybersecurity space.

Key Points: 
  • He will assume Ashan Willy’s responsibilities, who is stepping down as CEO of Proofpoint after seven years with the company to pursue an opportunity outside of the cybersecurity space.
  • Ashan Willy will work closely with Rémi Thomas over the coming weeks to ensure a smooth transition.
  • “Proofpoint is one of the most trusted cybersecurity brands in the industry serving the world’s largest organizations and trusted by nearly 90% of the Fortune 100.
  • Over the years, Proofpoint has pioneered a people-centric approach to critical cyber risk, from ransomware, business email compromise, supply chain and identity threats to data loss across cloud, endpoint, web, and email.

Global Security as a Service (SECaaS) Market to Reach $33.0 Billion by 2028, Fueled by Rising Online Threats

Retrieved on: 
Friday, October 20, 2023
Cloud, Online, Okta, Inc., McAfee, Organization, Cisco, IBM, Fortinet, Trend Micro, COVID-19, Qualys, Microsoft, Proofpoint, Inc., Compound annual growth rate, Security as a service, BFSI, Beauty salon, Online shopping, Renewable energy, Cryptocurrency, Growth

The global security as a service (SECaaS) market, which reached a size of US$ 14.5 billion in 2022, is poised for substantial expansion.

Key Points: 
  • The global security as a service (SECaaS) market, which reached a size of US$ 14.5 billion in 2022, is poised for substantial expansion.
  • They offer cost efficiency, enhanced security expertise, protection against online threats, rapid provisioning, and scalability as businesses grow.
  • Rising Demand for Cloud-Based Security: The increasing demand for cloud-based security solutions and the high costs and risks associated with managing on-premises security solutions are driving the market's growth.
  • What was the size of the global security as a service (SECaaS) market in 2022?

Second Annual Ponemon Institute Report Finds That Two-Thirds of Healthcare Organizations Surveyed Experienced Disruption to Patient Care Due to Cyber Attacks

Retrieved on: 
Wednesday, October 11, 2023
Cloud, Proofpoint, Prevalence, Organization, Cost, Risk, Mortality, Safety, Health, Patient safety, Proofpoint, Inc., BEC, Face, Patient, Pharmaceutical industry, Nursing, Medical device, Cryptocurrency, Health care

The report, “ Cyber Insecurity in Healthcare: The Cost and Impact on Patient Safety and Care 2023 ,” found that 88% of the surveyed organizations experienced an average of 40 attacks in the past 12 months.

Key Points: 
  • The report, “ Cyber Insecurity in Healthcare: The Cost and Impact on Patient Safety and Care 2023 ,” found that 88% of the surveyed organizations experienced an average of 40 attacks in the past 12 months.
  • The average total cost of a cyber attack experienced by healthcare organizations was $4.99 million, a 13% increase from the previous year.
  • These numbers reflect last year’s findings, indicating that healthcare organizations have made little progress in mitigating the risks of cyber attacks on patient safety and wellbeing.
  • The report, which surveyed 653 healthcare IT and security practitioners, found that supply chain attacks are the type of threat most likely to affect patient care.

Paul Auvil Elected to Elastic’s Board of Directors

Retrieved on: 
Thursday, October 5, 2023
Internet, Data Management, Other Technology, Technology, Software, Benchmark, Quantum Corporation, Proofpoint, Inc., NYSE, Benchmark (venture capital firm), VMware, Open TV, ESTC, Holding company, Cryptocurrency, Management

Elastic ® (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, today announced that its shareholders elected Paul Auvil to its board of directors at the 2023 annual general meeting of shareholders that took place earlier today.

Key Points: 
  • Elastic ® (NYSE: ESTC) (“Elastic”), the company behind Elasticsearch®, today announced that its shareholders elected Paul Auvil to its board of directors at the 2023 annual general meeting of shareholders that took place earlier today.
  • The term of office for Mr. Auvil will expire at the end of the 2026 annual general meeting of shareholders.
  • Mr. Auvil will bring more than 35 years of finance, technology, and corporate leadership experience to the Elastic Board of Directors.
  • Mr. Auvil has previously served on the boards of One Medical, OpenTV, Marin Software, and Quantum Corporation.

Proofpoint Wins Four Comparably Awards for Exceptional Company Culture, Compensation and Benefits

Retrieved on: 
Thursday, September 21, 2023
Learning, Laboratory of Comparative Human Cognition, Culture, Health, Innovation, Proofpoint, Inc., Trust, Swedish Business Awards, Proofpoint, Management

SUNNYVALE, Calif., Sept. 21, 2023 (GLOBE NEWSWIRE) -- Proofpoint, Inc. , a leading cybersecurity and compliance company, announced today it was honored by workplace culture leader Comparably for having the “ Happiest Employees ,” “ Best Company Compensation ,” “ Best Company Perks & Benefits ” and “ Best Company Work-Life Balance ”.

Key Points: 
  • SUNNYVALE, Calif., Sept. 21, 2023 (GLOBE NEWSWIRE) -- Proofpoint, Inc. , a leading cybersecurity and compliance company, announced today it was honored by workplace culture leader Comparably for having the “ Happiest Employees ,” “ Best Company Compensation ,” “ Best Company Perks & Benefits ” and “ Best Company Work-Life Balance ”.
  • The Comparably Awards are based on sentiment ratings provided by employees who anonymously rate their employer throughout the year.
  • Earlier this year, Proofpoint was named a “Best Company: Bay Area” and “Best Teams: HR” by Comparably.
  • In the UK, Proofpoint won “Best Employee Wellness Program” at the 2023 Health and Wellbeing Awards hosted by Business Awards UK.

Proofpoint Appoints Michael Frendo as Chief Technology Officer, Engineering

Retrieved on: 
Tuesday, September 12, 2023
Poly Inc., Architecture, Engineering, Software as a service, Juniper, Proofpoint, Digital, Cisco, Frendo, Proofpoint, Inc., Privacy, Medical device

SUNNYVALE, Calif., Sept. 12, 2023 (GLOBE NEWSWIRE) -- Proofpoint, Inc. , a leading cybersecurity and compliance company, today announced that Michael Frendo has been appointed to the newly-created role of chief technology officer, engineering, effective immediately.

Key Points: 
  • SUNNYVALE, Calif., Sept. 12, 2023 (GLOBE NEWSWIRE) -- Proofpoint, Inc. , a leading cybersecurity and compliance company, today announced that Michael Frendo has been appointed to the newly-created role of chief technology officer, engineering, effective immediately.
  • Frendo has more than 25 years of global technology experience overseeing all aspects of the full product lifecycle, including product definition, architecture, and development across SaaS, cloud, and security.
  • Frendo joins Proofpoint from Journey.ai, a Denver-based digital identity platform focused on privacy and security solutions.
  • Michael brings a deep understanding of how engineering and innovation will accelerate our best-in-class unified approach to addressing organizations’ biggest challenges,” said Ashan Willy, Chief Executive Officer at Proofpoint.

Proofpoint Unveils New Security Awareness Features to Educate Users About Today’s Most Advanced Cyber Threats

Retrieved on: 
Tuesday, September 12, 2023
Learning, Q3, Nano, Narration, Teaching, Human, Proofpoint, Inc., Organization, Hacker, The New Games Book, Emotion, GM, SVP, Proofpoint, Behavior, Risk management, Online shopping

“Despite the best efforts of organizations to make their users aware of cybersecurity incidents, awareness is still woefully insufficient.

Key Points: 
  • “Despite the best efforts of organizations to make their users aware of cybersecurity incidents, awareness is still woefully insufficient.
  • Many users do not know what ransomware is and struggle to spot phishing emails,” said Alan LeFort, SVP and GM, security awareness, Proofpoint.
  • (Q3, 2023)
    Year-long Cybersecurity Hero Awareness Campaign provides an engaging, yet sustained and comprehensive approach to educate individuals about cyber threats and best practices.
  • For more information about Proofpoint’s security awareness solutions, please visit: https://www.proofpoint.com/us/products/security-awareness-training
    For more on Proofpoint’s Wisdom 2023 virtual event, please visit: https://www.proofpoint.com/us/events/wisdom

Proofpoint’s Second Annual Board Perspective Report Reveals Nearly Three in Five Board Members View Generative AI as a Security Risk

Retrieved on: 
Wednesday, September 6, 2023
Face, Synthetic media, ChatGPT, Intelligence, CISO, Proofpoint, Inc., Human voice, Organization, Risk, Illusion, Artificial intelligence, AI, Proofpoint, Ciso, Medical device, Risk management, Management, Arms industry

The findings reveal that nearly three-quarters (73%) of those surveyed feel at risk of a material cyber attack, a notable increase from 65% in 2022.

Key Points: 
  • The findings reveal that nearly three-quarters (73%) of those surveyed feel at risk of a material cyber attack, a notable increase from 65% in 2022.
  • The emerging risk of artificial intelligence (AI) tools such as ChatGPT may also be contributing to these sentiments: 59% of board members believe generative AI is a security risk for their organization.
  • Board members have those concerns even though 73% view cybersecurity as a priority, 72% believe their board clearly understands the cyber risks they face, and 70% believe they have adequately invested in cybersecurity.
  • The Cybersecurity: The 2023 Board Perspective report examines global, third-party survey responses from 659 board members at organizations with 5,000 or more employees across different industries.

Proofpoint Wins Best Data Security Solution of the Year at SC Awards 2023

Retrieved on: 
Monday, August 21, 2023
Cloud, ITM, Education, Gartner, SC, Information, DLP, Proofpoint, Inc., Organization, Insider threat, Award, Proofpoint, Online shopping, Nursing

SUNNYVALE, Calif., Aug. 21, 2023 (GLOBE NEWSWIRE) -- Proofpoint, Inc. , a leading cybersecurity and compliance company, announced today it won Best Data Security Solution of the Year in the SC Awards 2023.

Key Points: 
  • SUNNYVALE, Calif., Aug. 21, 2023 (GLOBE NEWSWIRE) -- Proofpoint, Inc. , a leading cybersecurity and compliance company, announced today it won Best Data Security Solution of the Year in the SC Awards 2023.
  • It’s the second consecutive year Proofpoint’s Sigma Information Protection platform has been recognized as an SC Awards winner by SC Media.
  • The SC Awards program is cybersecurity’s most prestigious and competitive program, recognizing the solutions, organizations, and people driving innovation and success in information security.
  • Previous SC Awards recognition includes:
    For more on Proofpoint’s Information Protection solutions, please visit: https://www.proofpoint.com/us/products/information-protection