NETWORK THREAT DETECTION
Calix | July 15, 2022
Calix, Inc. (NYSE: CALX) announced today that Chariton Valley Telephone Corporation (Chariton Valley) expects to double its customer connections after providing ProtectIQ® home network security to all customers at no cost. Chariton Valley leverages the full power of Calix Revenue EDGE to transform its value proposition and improve the customer experience. In May, the 70-year-old broadband service provider (BSP) launched ProtectIQ, part of Calix Revenue EDGE Suites, as it continues to roll out GigaSpire® BLAST systems across its Midwestern communities. In a climate of increased cybersecurity concerns, Chariton Valley has equipped all GigaSpire BLAST customers with effortless access to robust home network security. In doing so, the BSP increases customer loyalty across rural regions and nearby cities in north-central and northeast Missouri. Many Chariton Valley customers have sophisticated internet habits—half identify as gamers and almost 40 percent work from home. By evolving its value proposition, the innovative BSP has also fortified itself against billion-dollar market cap competition in Palmyra and Hannibal. In its first two months of offering ProtectIQ to all customers, Chariton Valley blocked more than 48,000 web threats, intrusions, malware, and viruses from entering home networks—proving the immediate value of its investments.
The comprehensive Revenue EDGE platform enables BSPs of all sizes to easily and quickly launch differentiating turnkey, managed offerings. Chariton Valley continues to evolve its value proposition and strengthen its growing customer connections by:
Transforming its business to help communities thrive for decades. Chariton Valley is on track to complete a historic five-year, $42 million fiber-to-the-home (FTTH) buildout in its member service territory, and another $40 million in expansion opportunities next year by leveraging the secure broadband access network platform, Calix Intelligent Access EDGE™. In May, it began rolling out turnkey, managed offerings in EDGE Suites, starting with ProtectIQ, recently recognized by the cybersecurity industry as “Best in Anti-Phishing, Network Security & Management,” at no cost to its customers. As a result, Chariton Valley blocked thousands of web threats in only two months—further proving the value of its investment in the region.
Creating internet experiences that grow with customers’ needs. After the successful rollout of ProtectIQ, Chariton Valley is now taking a targeted approach to introduce its second EDGE Suite, the advanced parental controls in ExperienceIQ®. Calix-partnered BSPs have seen a 178 percent increase in people using ExperienceIQ since the beginning of the year. Both ProtectIQ and ExperienceIQ are accessed through the BSP’s branded subscriber-facing mobile app, built on CommandIQ®, giving customers more control over their home networks.
Leveraging data and insights to offer services that meet each customer’s unique needs. Using the insights and analytics in Calix Marketing Cloud (Marketing Cloud), even a small BSP like Chariton Valley can successfully leverage data for segmenting and targeting. For example, Chariton Valley uses Marketing Cloud to uncover which of its customers are most likely to need the advanced parental controls of ExperienceIQ. Now their marketing team can quickly identify the right people for the new service. This enables Chariton Valley to get maximum ROI from every dollar invested in marketing.
“As a member-owned organization, the customer experience informs everything we do,” said Kirby J. Underberg, president and chief executive officer at Chariton Valley. “Chariton Valley is committed to the region’s future—the investment we made building a secure fiber network will benefit people living in north-central and northeast Missouri for the next three decades. However, we also understand that we are responsible for protecting our customers from the increasing threat of digital dangers that come along with the positive generational impact of secure, fast Wi-Fi. By adding critical services like home network security and advanced parental controls, we will continue to invest in our customers by providing superior internet experiences long after the latest deals from our competitors expire.”
Along with ProtectIQ and ExperienceIQ, EDGE Suites also includes connected home camera security systems (Arlo Secure). Additionally, Calix is launching two new managed offerings this summer: social media monitoring (Bark) and connected device protection (Servify Care).
“Chariton Valley’s incredible first two months offering ProtectIQ to all customers underlines why today’s successful broadband business must be about more than just fast Wi-Fi, ProtectIQ has helped BSPs of all sizes block millions of digital threats in 2022. The Missouri-based market leader competes against a billion-dollar market cap company and wins because it leverages the full power of the Revenue EDGE platform to easily and quickly launch turnkey, managed offerings like ProtectIQ that improve the customer experience. We look forward to supporting Chariton Valley’s continued growth as they evolve their value proposition to reflect their commitment to protecting customers in north-central and northeast Missouri.”
Matt Collins, executive vice president of commercial operations and chief marketing officer at Calix
Calix, Inc. Calix cloud and software platforms enable service providers of all types and sizes to innovate and transform. Our customers utilize the real-time data and insights from Calix platforms to simplify their businesses and deliver experiences that excite their subscribers. The resulting growth in subscriber acquisition, loyalty, and revenue create more value for their businesses and communities. This is the Calix mission: to enable broadband service providers of all sizes to simplify, excite, and grow.
This press release contains forward-looking statements that are based upon management’s current expectations and are inherently uncertain. Forward-looking statements are based upon information available to us as of the date of this release, and we assume no obligation to revise or update any such forward-looking statement to reflect any event or circumstance after the date of this release, except as required by law. Actual results and the timing of events could differ materially from current expectations based on risks and uncertainties affecting Calix’s business. The reader is cautioned not to rely on the forward-looking statements contained in this press release. Additional information on potential factors that could affect Calix’s results and other risks and uncertainties are detailed in its quarterly reports on Form 10-Q and Annual Report on Form 10-K filed with the SEC.
Palo Alto Networks | August 05, 2022
The need for managed detection and response (MDR) is soaring as attack surfaces grow, cloud usage skyrockets and the cybersecurity skills gap widens. Palo Alto Networks, the global cybersecurity leader, today introduced Unit 42 Managed Detection and Response (Unit 42 MDR) to address this need with a new service that can offer continuous 24/7 threat detection, investigation and response. This offering brings together Palo Alto Networks acclaimed Cortex XDR with Unit 42's industry-leading threat intelligence, which includes insights from incident response cases. Because Unit 42 MDR is built on Cortex XDR, it is optimized to not just prioritize alerts but also to massively reduce the number of alerts customers receive. This helps customers detect more suspicious activity than they would have otherwise.
"As cyberattacks continue to rise, many organizations are being asked to handle advanced threats with limited resources and without the right expertise. This will not lead to good results. "Palo Alto Networks Unit 42 brings a unique combination of innovative cybersecurity technologies and a world-class threat intelligence team which allows us to provide customers with rapid detection and response to critical cyberthreats."
Wendi Whitmore, senior vice president, Palo Alto Networks Unit 42
The new Unit 42 MDR service offers customers cybersecurity experts to help identify and respond to security alerts and potential threats in real time, enabling businesses to focus security operations (SecOps) personnel on other organizational security priorities. The service provides organizations with monitoring, threat hunting and response/remediation capabilities, including:
Continuous Monitoring & Response: Security experts monitor alerts, events and indicators 24x7x365. The Unit 42 MDR team uses a mix of proprietary processes, infrastructure and enrichment to accelerate detection, response and threat hunting to help quickly stop malicious activity most likely to impact your organization.
Proactive Threat Hunting: World-class threat hunters search environments for complex attacks using deep knowledge of XDR data sources and the latest threat intelligence from Palo Alto Networks. This helps organizations stay ahead of emerging attack campaigns, malware and vulnerabilities.
Security Posture Optimization: Experts provide periodic health checks of an organization's posture and detailed recommendations on policy changes to help facilitate addressing risks before they become issues.
"Cyberattacks are emerging and evolving faster than ever," said Tom Osteen, CIO, Enloe Medical Center. "Intervening and addressing threats at the earliest stage is crucial. With Unit 42 MDR we have confidence that we can quickly identify and stop malicious activity to help keep our organization safe and secure."
In a recent report, IDC said, "It is not a surprise to state that organizations continue to struggle with persistent security talent shortages and the rising costs to retain these scarce security resources. Security teams with already limited resources are overwhelmed by the heavy workload and responsibility." The report also stated, "Organizations are analyzing their current risks and accelerating their security services investments to ease pressure on their teams and strengthen their overall security posture to meet the growing cyberthreats."*
About Cortex XDR
Cortex XDR® is the world's first detection and response solution that natively integrates network, endpoint and cloud data to stop sophisticated attacks. It is designed to stop attacks with the power of AI and comprehensive data.
XDR is critical to effective security. The latest Palo Alto Networks 2022 Unit 42 Incident Response Report highlights that when a breach occurs, 44% of the cases involved a business that did not have or did not fully deploy an endpoint detection and response or XDR security solution.
About Palo Alto Networks
Palo Alto Networks is the world's cybersecurity leader. We innovate to outpace cyberthreats, so organizations can embrace technology with confidence. We provide next-gen cybersecurity to thousands of customers globally, across all sectors. Our best-in-class cybersecurity platforms and services are backed by industry-leading threat intelligence and strengthened by state-of-the-art automation. Whether deploying our products to enable the Zero Trust Enterprise, responding to a security incident, or partnering to deliver better security outcomes through a world-class partner ecosystem, we're committed to helping ensure each day is safer than the one before. It's what makes us the cybersecurity partner of choice.
NETWORK THREAT DETECTION
Contrast Security | June 20, 2022
Contrast Security announced that it has been recognized for the fourth year to the JMP Securities Elite 80, a list of the hottest, most fascinating, most strategically positioned privately-owned cybersecurity and IT infrastructure firms. The eighth annual JMP Securities Elite 80 study includes not just technological industry leaders but also the future giants of the cybersecurity and IT infrastructure industries.
Contrast was recognized as an Elite 80 company for its Contrast Secure Code Platform, accelerating innovation speed. It moves secure code across the application development pipeline and constantly safeguards applications throughout the entire software lifecycle. As a result, Contrast is relied upon by many of the world's foremost corporate and public companies to secure their apps in development and extend protection to the cloud and on-premises applications in production.
"Being named a JMP Elite 80 company for the fourth consecutive year is validation that our technology is very unique and in high demand. Our platform provides actionable findings that developers can use to find code vulnerabilities, remediate them quickly and then ship business critical software that is safe from ongoing cyber attacks."
Alan Naumann, Chief Executive Officer at Contrast Security
The JMP Elite 80 report states, "One clear data point validating our thesis that now is the time for new vendors to emerge is the funding environment, as venture capital and private equity investors dramatically stepped up their investing in 2021. More specifically, the companies in our Elite 80 report raised almost $7 billion in 2021, whereas the Elite 80 raised $3 billion in 2020, which was the prior record. Those vendors that are astute enough to recognize the opportunity at hand and that can capitalize on differentiated technologies not only position themselves to survive the pandemic but are in position to become dominant market leaders."
It is time to cease distributing software with significant security flaws. The Contrast Protect Code Platform provides 10x quicker scan times, 3x more accurate results, and 45x faster defect resolution, enabling developers to secure their code as they write it.