Palo Alto Networks

One of the flashiest executive perks has roared back since the onset of the pandemic: free personal travel on the company jet.Companies in the S&P 500 spent $65 million for executives to use corporate jets for personal travel in 2022, up about 50% from prepandemic levels three years earlier, a Wall Street Journal analysis found. Early signs suggest the trend continued last year. Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 One of the flashiest executive perks…

The global cybersecurity market grew 15.9 per cent year on year to $17.8 billion in the third quarter this year, despite deteriorating economic conditions, a report has shown. Palo Alto Networks was the number one vendor in the quarter, growing 24.9 per cent and increasing its market share to 8.4 per cent, up from 7.8 per cent in Q3 2021. Cisco was the second-largest cybersecurity vendor, with growth of 16.7 per cent and a flat market share of 6.9 per cent. Fortinet placed third, achieving growth of 29.9 per cent to…

Companies that make security software have turned out to be a relative bright spot in this year’s stock market meltdown, favored by both traders and firms looking to make acquisitions. Companies that make security software have turned out to be a relative bright spot in this year's stock market meltdown, favored by both traders and firms looking to make acquisitions.The critical nature of security -- especially given high-profile hacks -- means companies and governments are unlikely to skimp on spending for it, even as…