Cybersecurity firms that offer cloud services are poised to benefit from mass exodus to remote work during the coronavirus pandemic
The pivot to working from home highlights the benefits of cloud-based services that can quickly scale up defenses around decentralized employees, they say. That could prove to be an opportunity for some companies when the shocks caused by the pandemic’s spread recede.
The initial reaction could provide a shot in the arm for existing suppliers as companies expand the capacity of virtual private networks and other tools. VPNs allow remote workers to effectively burrow beneath their workplaces’ perimeter defenses, recreating “on-premise” security tailored to physical office spaces and data centers.
Some businesses are betting on remote work arrangements enduring even after the current restrictions end. Security firm Palo Alto Networks Inc. announced last week its $420 million purchase of CloudGenix Inc., a cloud-based security startup. “The nice part about the cloud is you don’t have to go physically install hardware somewhere,” said Patrick Sullivan, chief technology officer for security strategy at Akamai Technologies Inc.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
BBC Sets Out Five-Point Plan To Help Production Companies Through Coronavirus CrisisThe BBC has outlined its plan of action for assisting the UK production community through the coronavirus pandemic, which has ripped through the industry halting filming on most major TV shows. The…
Read more »
Josh Hawley sets up potential clash in GOP with coronavirus pushMost Senate Republicans are taking a cautious approach to the next step of Congress’ coronavirus response. Not Josh Hawley
Read more »
CBS Sets Sunday Movie Night in Coronavirus Programming ShiftCBS is going to the movies. The broadcaster announced Tuesday that it will air iconic films on Sunday nights throughout the month of May. The move comes as many network shows have had their seasons…
Read more »
Twitter CEO sets aside $1 billion in Square equity for charity, coronavirus reliefSquare and Twitter CEO Jack Dorsey has said he is donating $1 billion in Square equity to support relief efforts for the COVID-19 efforts.
Read more »
Jack Dorsey sets aside $1 billion for charity. His initial focus: coronavirus relief effortsTwitter co-founder and CEO Jack Dorsey says he's dedicating more than a quarter of his wealth to a new fund for charitable causes, with the immediate focus on coronavirus relief efforts.
Read more »
The Hollywood Reporter Sets Interim Leadership Following Editor Matt Belloni’s Exit (EXCLUSIVE)A trio of THR editors have been tapped as interim leaders in the wake of editorial director Matthew Belloni’s abrupt departure from the publication on Monday, multiple individuals familiar wi…
Read more »