CrowdStrike continues to innovate in the cybersecurity space, strengthening its cloud security offerings through partnerships with Dazz and Zscaler, launching a dedicated financial services subsidiary, and supporting its second annual Cybersecurity Startup Accelerator. The company faces short-term challenges like pipeline delays, deal scrutiny, and discounting pressure.
Zscaler, a cloud-based information security provider, exceeded earnings and revenue estimates in its latest quarter. Despite this positive performance, the stock has underperformed the market this year, leading investors to question the company’s future outlook. The Zacks Rank suggests that Zscaler’s stock is expected to perform in line with the market in the near future, though future earnings revisions will play a significant role in determining its trajectory.
Legit Security has partnered with Wiz, a leading cloud security provider, to enhance cloud security for application security posture management (ASPM) programs. This partnership provides customers with a seamless integration between Wiz’s cloud security platform and Legit’s AppSec program, enabling a unified view of application risk from code to cloud. By correlating cloud risk with its code source, customers can prioritize and fix vulnerabilities more efficiently, leveraging cloud context for better decision-making.
