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Bank Info Security 1 month, 3 weeks ago

Zscaler Struggles to Win New Customers Despite AI Fears

Zscaler CEO Jay Chaudhry Says New AI Frontier Models Have Yet to Boost RevenueZscaler reported strong renewal growth and rising demand for zero trust security amid AI-driven threats, but slowing new customer acquisition, sales leadership turnover and cautious expectations for Red Canary integration weighed on investor confidence.

Bank Info Security 1 month, 3 weeks ago

Zscaler Targets AI Identity Risk With Symmetry Acquisition

Startup Symmetry Systems Maps Relationships Across AI, SaaS and Cloud AssetsZscaler plans to acquire San Francisco-based Symmetry Systems to unify visibility across AI models, identities, applications and datasets, helping enterprises track AI lineage, govern agentic identities and enforce granular zero trust controls across cloud and SaaS environments.

Is There Anything to Anonymous Reports About Talks of a $38B Broadcom-Zscaler Deal?Reports last weekend that technology behemoth Broadcom had started discussions to acquire zero trust pioneer Zscaler for $38 billion raised eyebrows throughout the cybersecurity industry. The surprise comes from both the high price tag as well as the source: anonymous Substack and Medium posts.

Bank Info Security 2 years, 4 months ago

Zscaler Expands AI Security Capabilities by Acquiring Avalor

Zscaler Purchase Aims to Revolutionize Zero Trust Cybersecurity With Advanced AIZscaler bought a data security startup led by a longtime Salesforce executive to help customers stay ahead of threats by beefing up data quality and AI models. Zscaler said the purchase will help it strengthen its data quality and model efficiency to outpace AI weaponization by threat actors.

Bank Info Security 2 years, 4 months ago

Zscaler CEO: Palo Alto Playing Defense as Firewall Sales Ebb

Jay Chaudhry Says Palo Alto Offering Free Products to New Platform Users Won't WorkZscaler CEO Jay Chaudhry said Palo Alto Networks' strategy of offering free products to new platform customers will "unravel over time" as firewalls become shelfware. Legacy vendors find themselves "in a defensive position" as the role of firewalls shrinks and demand for zero trust security grows.