When it comes to cybersecurity, gone are the days of simple network firewalls and anti-virus software. Cyberattacks and data breaches are sharply on the rise. As the complexities of cybersecurity have multiplied – so have companies' vulnerabilities to attack. The fourth company in our Top 10* series is helping modern businesses meet these challenges...
Company Name: Palo Alto Networks
Weight: 3.20% of Eventide Gilead (#4 of top 10 holdings)
When it comes to cybersecurity, gone are the days of simple network firewalls and anti-virus software. Cyberattacks and data breaches are sharply on the rise. As a result, cybersecurity is now viewed as a matter of defense, not just compliance. Further, as companies have embraced cloud computing and mobile devices, the complexities of cybersecurity have multiplied – as have their vulnerabilities to attack. Palo Alto Networks offers an all-in-one cybersecurity platform to help modern businesses meet these challenges and protect their valuable data, apps, and infrastructure. With their deep domain expertise in cybersecurity and focus on innovation, Palo Alto Networks has become the global leader in cybersecurity. Fortune Magazine named them one of the Top 50 Companies Changing the World (September 2017) and a Future 50 company (October 2017), and among their 56,500 customers are leaders in our digital age, including Google and Amazon Web Services. Impressively, they consistently post the highest Net Promoter Scores in the cybersecurity industry (a measure of customer delight) and ranked #1 as the “best place to work” in the San Francisco Bay Area by the SF Business Times (2016). (Palo Alto Networks is based in Santa Clara, CA.)
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*A "Top 10" series is a series of articles based on top 10 holdings of a fund by weight.
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(4687-NLD-5/14/2019)Posted May 23, 2019