U.K.-headquartered cybersecurity firm Sophos is laying off 6% of its workforce, the company confirmed to TechCrunch on Thursday.
SecureWorks (SCWX) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.01. This compares to break-even earnings per share a year ago.
Cybersecurity firm Sophos, which is backed by private equity firm Thoma Bravo, said on Monday it will acquire Secureworks for $859 million in an all-cash deal to strengthen its cybersecurity offering for small, mid and enterprise customers.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Guillaume Binnendijk Cigogne Management SA | 234,360 | $1.98M | $1.98M | - | - |
| - Industry | - Sector | Ms. Wendy K. Thomas CEO | NASDAQ (NGS) Exchange | 81374A105 CUSIP |
| US Country | 1,516 Employees | - Last Dividend | - Last Split | 22 Apr 2016 IPO Date |
SecureWorks Corp. specializes in delivering comprehensive information security solutions designed to safeguard organizations across the globe. With a focus on combining technology-driven strategies with deep cybersecurity expertise, SecureWorks offers an array of services aimed at protecting customers from security breaches and cyber threats. The company, which transitioned from SecureWorks Holding Corporation to SecureWorks Corp. in November 2015, was established in 1999. It operates under the umbrella of Dell Marketing L.P. as a subsidiary and has its headquarters located in Atlanta, Georgia. SecureWorks has crafted its niche by offering solutions tailored to a wide range of industries including financial services, manufacturing, technology, retail, insurance, utilities, and healthcare.
These cloud-based offerings are designed to provide robust cybersecurity measures without the requirement for extensive on-premises hardware or software. By leveraging SecureWorks’ software-as-a-service solutions, organizations can effectively prevent and detect security breaches and malicious activities. These services are scalable, ensuring they meet the needs of both small and large organizations.
SecureWorks delivers a suite of managed security services, offering organizations a way to outsource their cybersecurity operations. These services include real-time monitoring, threat detection, and incident response, handled by SecureWorks' team of security experts. This approach allows companies to focus on their core activities while ensuring their cybersecurity needs are comprehensively managed.
Comprised of incident response and adversarial services, SecureWorks' professional services address the need for immediate and effective action in the event of a security breach or attempted breach. The incident response team is skilled at rapidly identifying and neutralizing threats, while adversarial services provide simulations and testing to prepare organizations against potential cyberattacks. Together, these services help clients identify vulnerabilities and strengthen their security posture against emerging threats.