The United States has seen an increase in cybersecurity incidents and attacks especially in government agencies on the local and federal levels. As a result, the federal government has increased its cybersecurity budget and contract obligations.Virtually every federal government agency has an increasing demand for cybersecurity services ranging from the Department of Defense to the Department of Labour. PANW is poised to reap the benefits from the increase in federal investment by winning seven government contracts over the summer
The ever-evolving cyber attacks continue to occur and everybody is a target. Palo Alto offers a wide range of cybersecurity services from a physical to a subscription model. The new "Next-gen firewalls" are also in high demand as they are embedded with machine learning to protect against future attacks.
Some Catalysts: