The day after Cisco Systems Inc. announced its third-quarter 2024 earnings, investors are wavering on the results, as the stock was falling 2% this morning, reversing a 5% jump after-hours Monday. The company reported revenue of $12.7 billion, down 13% year-over-year — 16% without Splunk — and $70 million ahead of consensus estimates. Gross margins remain best-in-class for an infrastructure vendor at 68.3%.
The RSA Conference 2024 last week was dubbed as the artificial intelligence security show, and rightfully so, as AI was prevalent across keynotes, sessions and the show floor. That’s all fine and dandy, but it’s important to understand the engine that drives AI is data. Last year, Amazon Web Services Inc. announced Amazon Security Lake, to provide efficient security data management that would enable its customers to conduct proactive threat analysis of its data. And at RSAC, the cloud leader issued a raft of updates.
Before last week’s RSA Conference, Infoblox Inc. announced that its threat intel researchers uncovered “Muddling Meerkat,” which it characterizes as “a likely PRC state actor with the ability to control the Great Firewall of China.” The GFW censors and controls internet traffic entering and exiting China.
All security eyes are on San Francisco this week as the RSA Conference kicks off. One vendor with some early news is Cisco Systems Inc., which unveiled a salvo of new offerings in its Cisco Security Cloud. Designed to support and safeguard artificial intelligence, the features aim to help companies protect their applications, devices, users and data.
As the security world descends upon the Moscone Center next week for the RSA Security Conference, two companies that put out some news ahead of the show were Google Cloud and Menlo Security Inc. which announced a partnership to improve the security of enterprise browsers. Under the terms of the agreement, Menlo Security, which pioneered the browser security industry, will expand its usage of Google Cloud infrastructure and, more importantly, collaborate with Google’s Mandiant division on threat research to strengthen browser security.