Friday, 24 March, 2023

Palo Alto Networks hits $1 billion in sales

<p>With clients investing heavily in network defences after the sophisticated cyber-attack by suspected Russian hackers that uncovered vulnerabilities in software supply chains, Palo Alto Networks reported its first $1 bn quarter of revenue. Sales escalated by 25% to $1.02 bn, according to Bloomberg, which is the biggest YOY increase in seven quarters. Over 18,000 SolarWinds clients were exposed to Russian malware in the recent past.</p>