For years, the relationship between cybersecurity and business innovation has been a zero-sum game. Security teams were the “Department of No,” tasked with slowing down adoption to ensure safety. Given the business pressure to get artificial intelligence deployed, the security industry has been trying to flip this script by rethinking security along platform lines.
Palo Alto Networks Inc. today added more capabilities to its fast-growing Prisma SASE (Secure Access Service Edge) platform by leveraging AI to create what the company calls “a blueprint for the AI-ready enterprise.” The Secure Access Service Edge service delivers protection against AI-powered threats, data security that adapts to how information flows, and unified operations capable of intelligent scaling.
Palo Alto Networks Inc. kicked off the annual Black Hat USA security conference in Las Vegas this week with today’s announcement of its Cortex Cloud Application Security Posture Management solution. The ASPM offering is designed to fix security issues before cloud and AI applications have been deployed. The traditional method of securing apps is a highly fragmented set of manual processes. Instead of a single, unified platform, developers rely on a collection of point products and manual processes that are disconnected from each other.
Palo Alto Networks Inc.‘s announcement Tuesday of its intent to acquire CyberArk for $25 billion implies a heavy price tag, as its shares fell on the news. But I believe it to be a good, long-term strategic move for Palo Alto and a logical extension of its platformization strategy. Valuation is interesting to look at but highly overrated long-term. If an acquisition is a good one and helps transform a company, then the purchase price won’t matter over time. Consider the purchase of Mellanox Technologies Ltd. by Nvidia Corp., which was almost $7 billion in 2019.
Palo Alto Networks Inc. kicked off this week’s RSA Conference in San Francisco by introducing new capabilities for its ever-expanding security portfolio.
The announcements were focused on its two major platforms: network security and Cortex. Palo Alto Networks has introduced Prisma Access Browser 2.0 into its secure access service edge offering. In late 2023, Palo Alto acquired Talon to jump into the secure enterprise browser market and now it has made the offering part of its SASE stack.