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Palo Alto Sees Cyberthreat ‘Landscape’ as ‘Evolving and Complicated’: CEO

When CEO Nikesh Arora joined Palo Alto Networks in June 2018, its “mean time” to respond to cyberattacks was measured in days, he told an earnings call Tuesday for fiscal Q2 ended Jan. 31. “For someone who did not work in the security industry, I found that a little flabbergasting,” said Arora, who earlier had worked at SoftBank and Google. “We challenged our team internally” to convert Palo Alto’s response time to seconds or minutes “because that's the only way we're going to have a chance” to protect customers, he said. The company still sees “an evolving and complicated threat landscape,” said Arora. “We have highlighted in the past that cybersecurity is at the front and center of all conversations around risks and threats,” he said. “We believe cybersecurity will continue to become more and more relevant and important. With increased reliance on technology in the prevalence of cyberattacks, there is an ability to disrupt businesses and critical systems, making cybersecurity an area that will need continued focused investment.”