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Published the Zscaler ThreatLabz 2024 Ransomware Report, which analyzed the ransomware threat landscape from April 2023 through April 2024. Findings in the report uncovered an 18% overall increase in ransomware attacks year-over-year, as well as a record-breaking ransom payment of US$75 million – nearly double the highest publicly known ...
At the same time, these earnings reports are high-risk events for investors, particularly as expectations for the company are already high. Zscaler is trading at 66 times management's 2024 ...
Zscaler released what looked like a solid report on the surface. Revenue for fiscal Q4 was $593 million, a 30% increase from year-ago levels. Moreover, the rise in cost of goods sold and operating ...
Zscaler had a high debt-to-equity ratio of 2.7 at the end of fiscal 2024. That's roughly triple its debt-to-equity ratio of 0.9 at the end of fiscal 2018. It also increased its share count by 24% ...
Zscaler was founded in 2007 by Jay Chaudhry and K. Kailash. [4] The company launched its cybersecurity platform in 2008. [5] In August 2012, Zscaler secured $38 million in funding from investors. [6] The company's second funding round, led by TPG Capital, raised $100 million in August 2015. [7]
Zscaler, a cloud security company, buys Avalor, a cybersecurity startup that uses AI to identify and prevent vulnerabilities. The deal expands Zscaler's platform with data sources, incident ...
For a deeper dive into best practices for protecting your organization and the full findings, download the Zscaler ThreatLabz 2024 Ransomware Report. Methodology The research methodology for this report is a comprehensive process that uses multiple data sources to identify and track ransomware trends. The report team collected data from a ...
Zscaler's switchboard, known as the Zscaler Zero Trust Exchange, is the world’s largest security cloud which processes over 360B+ transactions and 500T+ signals daily. The company’s cybersecurity solutions use context such as a user’s location, their device’s security posture and the content being exchanged to determine whether it’s ...