About Check Point Software Technologies

Check Point Software Technologies Ltd. (Check Point) develops, markets and supports a wide range of products and services for IT security, by offering a multilevel security architecture that defends enterprises’ cloud, network and mobile device held information. The company operates in one operating and reportable segment and its revenues are mainly derived from the sales of its network and data security products, including licenses, related software updates, maintenance and security subscriptions. The company sells its products worldwide primarily through multiple distribution channels (‘channel partners’), including distributors, resellers, system integrators, Original Equipment Manufacturers (‘OEMs’) and Managed Security Service Providers (‘MSPs’). Check Point’s Four Strategic Pillars Quantum: Enterprise Network Security for Perimeter and Datacenter Aimed to secure and effectively manage datacenter environments. Check Point Quantum Security Gateways deliver comprehensive security beyond any Next Generation Firewall (NGFW) and are designed to manage the most complex policy requirements. Powered with over 60 security services, these gateways are aimed at preventing the 5th generation of cyber-attacks. In order to serve the different needs and demands of the company’s customers, the company offers a wide portfolio of security gateways and software platforms that support a wide range of small and medium sized business (SMB) to large enterprise data center and telco-grade environments. On each security gateway, the company offers the full expanse of Check Point’s network security portfolio from industry-leading next generation firewall, IPS (Intrusion Prevention System), VPN (Virtual Private Network), WAF (Web Application Firewall), SSL (Secure Sockets Layer), and DLP (Data Loss Prevention) to a wide set of threat prevention technologies blocking known and unknown advanced 5th generation cyber-attacks. Check Point’s security gateways are available as a cloud service, software-only products that can run on standard hardware, or dedicated security gateway hardware appliances. Check Point’s cyber security platform (R81) introduces the industry’s first autonomous threat prevention system, which eliminates labor-intensive manual threat classification and updates. All Quantum gateways are updated automatically by AI-based threat prevention for complete protection against zero-day threats. CloudGuard: Automatically Secure the Cloud Check Point cloud native security, delivered through CloudGuard, provides automated security and advanced threat prevention to protect cloud assets and workloads from cyber threats, including sophisticated cyber-attacks and misconfigurations. CloudGuard secures cloud workloads in multiple environments, including Amazon AWS, Microsoft Azure, Google, VMWare and others providing relevant capabilities for each cloud environment. Cloud Network Security: advanced threat prevention and network security through a virtual security gateway—automated and unified across all multi-cloud and on-premises environments. Security and Posture Management: prevents threats and achieves high fidelity posture management. Cloud Workload Protection and Web Application Protection: seamless vulnerability assessment and runtime protection of modern cloud workloads, including serverless functions and containers. Powered by contextual-AI, protects web applications and APIs from the most sophisticated types of threats. In 2022, the company introduced Security from code to cloud; Developer-centric security that monitors, classifies, and protects codes, assets, and infrastructure to protect against exposed API keys, tokens, and credentials, as well as identifies and stops misconfigurations. Harmony: Securing the User Environment Check Point Harmony protects employees, devices, and internet connectivity from malicious attacks, while ensuring secure, remote zero-trust access at any scale to any corporate application. Check Point Harmony provides endpoint and secure connectivity in various forms for easy and comprehensive remote user access. Harmony unifies five security products to deliver complete remote users security: Harmony Endpoint protects users’ PCs from ransomware, phishing, and malware, and minimizes breach impact with autonomous detection and response capability. Harmony Mobile protects employees’ mobile devices against malicious apps and network or operating systems attacks. Harmony Email & Collaboration secures users’ email clients and gives complete protection for Microsoft Office 365, Exchange, Google G Suite and others. In 2021, the company extended Harmony with cloud-email security with the acquisition of Avanan – a leading cloud-email security company. Secure Internet Browsing: Provides secure, fast, and private web browsing by inspecting all SSL traffic directly on the endpoint. Secure remote access to corporate applications: Harmony Connect provides Secure Access Service Edge (SASE) and provides secure and easy access to any corporate application. Horizon: Prevention-First Security Operations In 2022, the company introduced a new member to the Infinity architecture: Horizon, prevention-first security operations with XDR/XPR and MDR/MPR for complete coverage of threats across networks, endpoints, cloud, email and IoT, from one pane of glass. Horizon is designed to prevent advanced threats across all vectors with fewer resources by leveraging the power of ThreatCloud and AI. Horizon XDR/XPR: Extended Prevention and Response Horizon XDR/XPR is prevention-first extended detection, prevention and response platform that detects and stops known and zero-day threats across email, cloud, networks and endpoints. XDR/XPR provides comprehensive threat prevention across the entire security estate through collaborative, intelligent AI correlation. Horizon MDR/MPR: Managed Prevention and response Horizon MDR/MPR is a prevention-first managed detection, prevention and response solution offering complete, powerful SOC operations as a service. Check Point’s experts monitor the entire infrastructure 24X7, including network, endpoint, email, cloud and IoT and take informed decisions to stop attacks, and optimize defenses to prevent future attacks. Check Point Infinity Architecture Check Point Infinity is a consolidated cyber security architecture that protects against 5th generation of cyber-attacks. It supports comprehensive prevention across attack vectors and assets across networks, endpoint, cloud, workloads, IoT and mobile, and secures them with over 75 threat prevention engines (over 50% of which are AI-based). Through advanced threat prevention, business-oriented policy management, and cloud-based threat intelligence, Infinity delivers a solid foundation for a sustainable, effective risk management strategy. This model allows organizations to use all of Check Point’s security technologies to protect their networks, endpoint, mobile devices, cloud, and IoT through an annual security subscription based on the number of enterprise users. Check Point Threat Prevention Technologies & Products ThreatCloud is a centralized cloud based ‘brain’ that combines the latest AI technologies with big data threat intelligence to prevent the advanced attacks while reducing false positives. AI technologies – Accurately block zero-day ransomware, sophisticated Trojans, and other advanced malware through a market leading malware analysis technology leveraging 40+ AI based machine and deep learning engines. Big data threat intelligence – Aggregates and analyzes big data telemetry and millions of Indicators of Compromise (IoCs) every day. In February 2022, the company acquired 100% of the share capital of Spectral Cyber Technologies Ltd., a privately held Israeli company and key innovator in developer-first security tools designed by developers for developers, to extend the company’s cloud solution, Check Point CloudGuard. Sales and Marketing The company mostly sells its products and services through a two-tier distribution model; distributors that sell to resellers and to service providers and MSSPs, who sell to end-customers. The company supports its channel partners with a dedicated team of experienced sales professionals, including account managers, channel managers and sales engineers. The company’s marketing efforts include building its brand, product marketing, partner incentives and promotions, event marketing, digital marketing, communications and public relations. In 2022, the company continued to invest in sales and marketing resources. Support and Services The company operates a worldwide technical services organization, which provides a wide range of services, including technical customer support programs and plans; professional services in implementing, upgrading and optimizing Check Point products, such as design planning and security implementation; and certification and educational training on Check Point products. The company’s technical assistance centers in the United States, Israel, Canada, Japan, India, China, and Australia offer support worldwide, 24-hour service, seven days per week. Research and Development The company’s research and development expenses were $350 million in 2022. Proprietary Rights Check Point and its subsidiaries have 103 issued patents in the U.S. and in other regions and 21 pending patent applications worldwide. Competition The company’s competitors include Cisco Systems, Inc., Fortinet Inc., Palo Alto Networks, Inc. and SonicWall Inc. and other companies in the network security space. The company also competes with several other companies, including Zscaler, Inc., Trellix, Trend Micro Inc., NortonLifeLock Inc., Lookout, Inc., Zimperium, Inc, CrowdStrike Holdings, Inc., SentinelOne, Inc., Sophos Group plc, Proofpoint, Inc., Broadcom, Inc. Mimecast Limited, Microsoft Corp. and Wiz Ltd., with respect to specific products that the company offers. History Check Point Software Technologies Ltd. was founded in 1993. The company was incorporated under the laws of the state of Israel in 1993.