Palo Alto Networks, a publicly owned cybersecurity company founded in 2005 and headquartered in the United States, provides enterprise security products and services. As of 2024, the company employs approximately 14,370 people and reports annual revenues exceeding $1 billion.
Unit 42, the threat intelligence division of Palo Alto Networks, reported on a supply chain attack against Coinbase, the largest US crypto exchange. The attack, involving the GitHub Action "tj-actions/changed-files," initially targeted one of Coinbase's open-source projects, agentkit, on an unspecified date. Yu Jian, founder of SlowMist, flagged the incident on March 23rd. Palo Alto Networks also reported that the attack, initially highly targeted, expanded in scope. Separately, Community Bank N.A. increased its Palo Alto Networks stock holdings by 103.1% in the fourth quarter, acquiring 2653 additional shares to reach a total of 5226 shares. Palo Alto Networks also announced increased investment in cloud infrastructure across the Asia-Pacific and Japan region, including the rollout of Prisma Access Browser.
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Palo Alto Networks offers 6 products in the telecoms tech industry. Palo Alto Networks's product portfolio comprises of enterprise security, enterprise and telecoms software and carrier managed service technology.
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Palo Alto Networks's revenues were $8.0B in 2024. Caretta Research has split Palo Alto Networks's revenue into 3 different product categories, the largest of which is cybersecurity and intrusion detection, which represents 75% of Palo Alto Networks's revenue.
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