Tag Archive for: results

Cybersecurity: Preliminary Results Show That Agencies’ Implementation of FISMA Requirements Was Inconsistent


What GAO Found

Based on GAO’s preliminary results, in fiscal year 2020, the effectiveness of federal agencies’ implementation of requirements set by the Federal Information Security Modernization Act of 2014 (FISMA) varied. For example, more agencies reported meeting goals related to capabilities for the detection and prevention of cybersecurity incidents, as well as those related to access management for users. However, inspectors general (IG) identified uneven implementation of cyber security policies and practices. For fiscal year 2020 reporting, IGs determined that seven of the 23 civilian Chief Financial Officers Act of 1990 (CFO) agencies had effective agency-wide information security programs. The results from the IG reports for fiscal year 2017 to fiscal year 2020 were similar with a slight increase in effective programs for 2020.

Number of 23 Civilian Chief Financial Officers Act of 1990 Agencies with Effective and Not Effective Agency-Wide Information Security Programs, as Reported by Inspectors General for Fiscal Years 2017-2020

Number of 23 Civilian i Chief Financial Officers Act of 1990

GAO has also routinely reported on agencies’ inconsistent implementation of federal cybersecurity policies and practices. Since 2010, GAO has made about 3,700 recommendations to agencies aimed at remedying cybersecurity shortcomings; about 900 were not yet fully implemented as of November 2021. More recent GAO reviews have identified weaknesses regarding access controls, configuration management, and the protection of data shared with external entities. GAO has made numerous recommendations to address these.

Based on interviews with agency officials, such as chief information security officers, GAO’s preliminary results show that officials at 14 CFO Act agencies stated that FISMA enabled their agencies to improve information security program effectiveness to a great extent. Officials at the remaining 10 CFO Act agencies said that FISMA had improved their programs to a moderate extent. The officials also identified impediments to implementing FISMA, such as a lack of resources. Agency officials suggested ways to improve the FISMA reporting process, such as by updating FISMA metrics to increase their effectiveness, improving…

Source…

Check Point Software Technologies (NASDAQ:CHKP) Announces Quarterly Earnings Results


Check Point Software Technologies (NASDAQ:CHKP) posted its earnings results on Thursday. The technology company reported $1.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.60 by $0.05, MarketWatch Earnings reports. The firm had revenue of $534.00 million for the quarter, compared to the consensus estimate of $529.37 million. Check Point Software Technologies had a return on equity of 25.16% and a net margin of 38.78%. The business’s quarterly revenue was up 4.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.45 earnings per share.

NASDAQ CHKP opened at $119.60 on Friday. The stock’s 50-day simple moving average is $119.98 and its two-hundred day simple moving average is $120.06. Check Point Software Technologies has a twelve month low of $109.07 and a twelve month high of $139.26. The company has a market capitalization of $16.40 billion, a price-to-earnings ratio of 19.74, a PEG ratio of 2.68 and a beta of 0.69.

CHKP has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft upgraded Check Point Software Technologies from a “hold” rating to a “buy” rating and increased their target price for the stock from $132.00 to $136.00 in a research report on Thursday. Wedbush restated an “outperform” rating on shares of Check Point Software Technologies in a research report on Thursday. BMO Capital Markets increased their target price on Check Point Software Technologies from $135.00 to $140.00 and gave the stock a “market perform” rating in a research report on Tuesday, July 27th. OTR Global upgraded Check Point Software Technologies from a “mixed” rating to a “positive” rating in a research report on Friday, July 9th. Finally, The Goldman Sachs Group downgraded Check Point Software Technologies from a “neutral” rating to a “sell” rating and dropped their target price for the stock from $133.00 to $121.00 in a research report on Monday, September 13th. Four investment analysts have rated the stock with a sell rating, six have issued a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an…

Source…

JFrog Announces Timing of Third Quarter 2021 Financial Results | Business


SUNNYVALE, Calif.,–(BUSINESS WIRE)–Oct 14, 2021–

JFrog Ltd. (“JFrog”) (NASDAQ: FROG), the Liquid Software company and creators of the JFrog DevOps Platform, today announced it will report financial results for the third quarter of fiscal year 2021 on Thursday, November 4, 2021, following market close.

JFrog will host a conference call to discuss the results at 2:00 p.m. PT on the same day, which we encourage interested parties to attend for the interactive QA session.

Event: JFrog’s Third Quarter Fiscal 2021 Financial Results Conference Call

Date: Thursday, November 4, 2021

Time: 2:00 p.m. PT (5:00 p.m. ET)

Webcast link:https://investors.jfrog.com/events-and-presentations

About JFrog

JFrog is on a mission to be the company powering all of the world’s software updates, driven by a “Liquid Software” vision to allow the seamless, secure flow of binaries from developers to the edge. The company’s end-to-end DevOps platform – the JFrog Platform – provides the tools and visibility required by modern organizations to solve today’s challenges across critical pieces of the DevOps cycle. JFrog’s hybrid, universal, multi-cloud DevOps platform is available as both self-managed and SaaS services on AWS, Microsoft Azure, and Google Cloud. JFrog is trusted by millions of users and thousands of customers, including a majority of the Fortune 100 companies that depend on JFrog solutions to manage their mission-critical software delivery pipelines. Learn more at jfrog.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20211014005411/en/

CONTACT: Investor Contact:

JoAnn Horne

[email protected]

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: INTERNET SECURITY DATA MANAGEMENT TECHNOLOGY SOFTWARE

SOURCE: JFrog Ltd.

Copyright Business Wire 2021.

PUB: 10/14/2021 09:15 AM/DISC: 10/14/2021 09:17 AM

http://www.businesswire.com/news/home/20211014005411/en

Copyright Business Wire 2021.

Source…

Zix to Announce Second Quarter 2021 Results on August 5


DALLAS–(BUSINESS WIRE)–Zix Corporation (Zix) (NASDAQ: ZIXI), a leader in email security, productivity and compliance solutions, will host a conference call and webcast to discuss the company’s financial results for the second quarter 2021 on Thursday, August 5, 2021, at 8:30 a.m. ET. Zix’s financial results will be available on its investor relations Web site at http://investor.zixcorp.com and announced in a press release prior to the conference call on August 5, 2021.

All interested parties are invited to hear Dave Wagner, Zix’s Chief Executive Officer, and Dave Rockvam, Zix’s Chief Financial Officer, review the company’s financial results as well as second quarter 2021 business highlights.

To access the conference call, please dial 855-853-6940 (U.S. toll-free) or 720-634-2906 (international) at least 15 minutes before the call. The access code is 2482089. Participants can access a live webcast of the conference call on Zix’s investor relations web site. Please visit the Web site at least 15 minutes early to register, download and install any necessary audio software.

An audio replay can be accessed for seven days by dialing 855-859-2056 (U.S. toll-free) or 404-537-3406 (international) and entering the access code 2482089. An archive of the webcast will also be available on the Zix investor relations Web site.

About Zix Corporation

Zix Corporation (Zix) is a leader in email security. Trusted by the nation’s most influential institutions in healthcare, finance, and government, Zix delivers a superior experience and easy-to-use solutions for email encryption and data loss prevention, advanced threat protection, unified information archiving and bring your own device (BYOD) mobile security. Focusing on the protection of business communication, Zix enables its customers to better secure data and meet compliance needs. Zix is publicly traded on the Nasdaq Global Market under the symbol ZIXI. For more information, visit www.zixcorp.com.

Source…