Podcasts about cyberark

This episode features Angie Klein, IAM Business Technology Manager at Federated Insurance.Angie brings over a decade of experience spanning systems development and identity security leadership, holding CISSP, CIDPRO, and CISM certifications and working hands-on with CyberArk, SailPoint IDN, and Active Directory in a regulated environment.In this episode, Angie dives into the organizational and cultural work that most identity programs skip. She shares why identity deserves its own program, how to apply OCM to bring resistant stakeholders on board, and why governance must come first. Angie's core argument is that if identity security creates too much friction, people will route around it, and that's where the real risk lives.This episode makes the case that the hardest part of identity security isn't the technology, it's getting people to trust it enough to stop working around it.Guest Bio As the IAM Business Technology Manager at Federated Insurance, Angie is dedicated to advancing our Identity and Access Management program and the industry as a whole. With over 10 years of experience and currently leading a team of Security Engineers and Identity and Access Analysts, Angie is passionate about IAM and love to see "ah ha" moments when colleagues understand that security is everyone's job.Angie bring over a decade of experience as a Systems Developer, providing extensive technical expertise in the Identity Security domain. I hold certifications, including CISSP, CIDPRO, and CISM. Additionally, she has experience working in the insurance industry and am skilled in CyberArk, Active Directory, SailPoint IDN, Analytical Skills, Project Management, and Public Speaking.Guest Quote "Identity security is ultimately about trust. People have to trust that you are doing the things that will help them do their job securely and not stop them from doing their job."Time stamps 01:45 Meet Angie Klein: Expert IAM Practitioner 01:22 Why Identity Needs Its Own Program 04:30 Why Identity Programs Stall 07:27 Organizational Change Management (OCM) Explained 12:51 OCM in Action 17:08 How to Gain Buy-In for an Identity Security Program 25:05 First Steps for Standing Up a Program 30:22 The Core Pillars of Identity Security 35:00 Conclusion and Final ThoughtsSponsor The HIP Podcast is brought to you by Semperis, the leader in identity-driven cyber resilience for the hybrid enterprise. Trusted by the world's leading businesses, Semperis protects critical Active Directory and Entra ID environments from cyberattacks, ensuring rapid recovery and business continuity when every second counts. Visit semperis.com to learn more.Links Connect with Angie on LinkedInConnect with Sean on LinkedInDon't miss future episodesLearn more about Semperis

Michael Khoury, vice president of Global Ecosystems Programs at Palo Alto Networks When Palo Alto Networks announced the first comprehensive overhaul of its NextWave partner program in more than three years this February, it raised a lot of questions for partners. What does the shift from transactional incentives to platform adoption rewards actually look like day to day? What happens to loyal, firewall-heavy partners who now face a diversification requirement? And is the promise of dramatically improved economics real, or is it marketing math? Michael Khoury, vice president of Global Ecosystems Programs at Palo Alto Networks, is the architect behind the changes. He joined the company, conducted an extensive listening tour with partners across markets, and built the revamp around the specific frustrations he heard: over-reliance on Palo Alto staff for routine tasks, managed services being valued like resale, incentive structures that looked good on paper but didn’t pay out, and training that wasn’t keeping pace with the platform’s evolution. In this conversation, Michael walks through the mechanics of the new program in detail. He explains why Platinum and Diamond partners will need to generate 20 and 30 percent of their business, respectively, from non-firewall product lineswithin 18 months, and why he believes most strategic partners are already within striking distance. He shares data showing the elimination of discount caps has resulted in 2-to-4x earnings improvements based on modeled past bookings, and explains why they timed the rollout to prevent partners from holding back orders. He discusses how the $25 billion CyberArk acquisition creates a new identity security practice path that counts toward diversification targets, the new Partner Development Fund that reinvests rebate earnings into partner growth, and what Canadian partners specifically should know about how their market stacks up. Read Full Transcript Robert Dutt: Hello and welcome to In The Channel from ChannelBuzz.ca, bringing news and information to the Canadian IT channel community for the last 16 years. I’m Robert Dutt, editor of ChannelBuzz.ca and your host for the show. If you’re a Palo Alto Networks partner, or you’ve been thinking about becoming one, you’ve probably been hearing about the NextWave Partner Program revamp that launched in early February. It’s being called the first ground-up redesign of the program in about three and a half years, and the changes are significant. A shift from rewarding transactional volume to rewarding platform adoption, the elimination of discount caps that were leaving money on the table for partners, new diversification requirements, and a whole new approach to how Palo Alto thinks about managed services. My guest today is Michael Khoury, Vice President of Global Ecosystems Programs at Palo Alto Networks. Michael is essentially the architect of these changes. He joined the company, did a listening tour of what partners were actually frustrated about, and the revamp is his answer to what he heard. We got into the details of what changed and why, the real economics of the new incentive structure, what the 30% non-firewall requirement means for partners who’ve built their business around firewalls, how mid-market MSPs and resellers fit into a program that could easily be optimized for global SIs, and what the recent CyberArk acquisition means for the partner ecosystem going forward. Michael brought real data and real candor, and I think you’ll find it genuinely useful. Let’s get right into it, my chat with Michael Khoury. Robert Dutt: Michael, thanks for taking the time. I appreciate it. Michael Khoury: Thank you, Rob. Great to be here. Thanks for having me. Robert Dutt: It’s been about three and a half years, I guess, since the last major partner program update for you guys. What changed in the landscape, or in what you’re hearing from partners, that made this the moment to do a kind of ground-up revamp rather than a refresh and update kind of motion? Michael Khoury: Yeah, great question. Rob, I joined Palo Alto Networks about 18 months ago, and what I did, in addition to getting the internal feedback obviously from the various team members and various stakeholders, I made sure to go out on basically a tour, a listening tour, meeting with partners and getting their input frankly about our program at the time and what are the areas we needed to address. It was obvious to me in a lot of areas we had some challenges that we needed to address as a company. I’d put these things in a way – it’s not like what we had was necessarily bad, but it just didn’t evolve with the way the business kept transforming and evolving. So we needed to update. And if you’ve seen this, probably you’ve seen it with other vendors – it’s kind of common in our industry that every few years you need to evolve the program to keep pace with the business needs ever changing. And as I met with partners – and I met with partners across the globe, various regions, some of them were virtual, other meetings were in person, some of the meetings were larger like partner events that we hosted – the consistent feedback that I kept hearing was this. Number one, it was around “Hey Palo Alto Networks, that’s great that you have a program, but it feels like we need you for everything. We need someone at Palo Alto Networks to do anything with you. So we’re always relying on you to get things.” And those things can be as simple as if we needed to get a quote, if we needed to get a price, if we needed access to more training – we always needed someone at Palo Alto to give us that access. That was consistent feedback number one. Number two, obviously when we got into the program it was particularly with the managed services motion, because that motion has been growing for us at a much faster rate – and I’ll give you some percentages in just a minute – but that motion has been growing at a much faster rate than the traditional VAR motion. So when we discussed with the managed services partners, they were like “Hey, you kind of have a managed service program, but it kind of works like resale, not like truly like a managed service.” So we needed to revisit that. And then obviously the other areas that our partners care about – for partners who provide services, how do we ensure we’re leveraging more of their capability and training them and giving them the right support from a training and enablement perspective so they can build not just a go-to-market motion but also their services around Palo Alto Networks. And lastly, the last area was around the incentives. It was only two years prior to me joining the company that the company – and you’re right, you said three and a half years ago – which was the time when the company launched their first rebates program to partners. However, the feedback that I heard from partners, they said “Michael, you have rebates, you have these incentives for us, but they’re mostly on paper. It seems like it’s very hard for us to earn these incentives.” So we had to open that up and revisit that. So overall, Rob, those were the big themes that I heard from partners and why we needed to evolve the program with bigger changes, and why we did the things that we did and we launched the recent program. Robert Dutt: You’ve talked about moving from rewarding transactional volume to rewarding the platform and selling across that. Can you walk me through what that shift looks like concretely for a partner? If I’m a reseller who’s been doing well selling Palo Alto firewalls, what’s different about how I engage with you guys under this new program versus the old one? Michael Khoury: I found – and this is by the way common across the industry – because sometimes a vendor builds a program and sometimes they look at it almost like a static thing. “Oh, we built it, here’s the requirement.” And sometimes you have to also look at where your own field sellers are measured on and what they need to do. Because if you have the company field sales organization and the partner organization that are not in perfect harmony in terms of what they focus on and what they need to work on, then you end up having more friction. So as we evolved the program, we looked at our expectations from our sales teams and we said “Look, we expect our sellers not just to sell our firewall, but we expect them to support the platformization strategy,” which Nikesh talked about a few years ago. And now every company says “Oh, I have a platform too.” But if you think about that concept of we’re not just a firewall company – yes, that is our history, that’s our legacy, that’s where the company started – but when you evaluate our business, when you look at our next-gen security growing around 34-35% year on year, that’s been a big growth engine for us. So as our field sales organization started to focus on embracing the platform, which means if you look at our product platforms, you have the network security, the NetSec part of the house, where you have the firewall, but you also have SASE, which includes SD-WAN and Prisma Access. And also you have what we call our SOC transformation, which is our Cortex product, which is also part of our next-gen security. And under Cortex you have XSIAM, which is the next-generation SIEM. You have XDR, which is around endpoint detection. And then recently we added identity as well, as you know, with the CyberArk acquisition closing last month. So as we looked at all these things that our field sales organization is going to be measured on, when I looked at our program, there were no requirements toward those next-gen security platforms. It was mostly like if you can do firewall and keep doing firewall – which is not bad, it’s totally fine, we love those partners who continue to embrace us on the firewall side – but we also said in the new program, if you want to be driving bigger growth with us and being more aggressive, you need to do more across the platform. Meaning you need to embrace our SASE, you need to embrace next-gen security around Cortex, you now need to also embrace identity. So now the partners who play with us across the platform can unlock better benefits and have more leverage. And we continue to say, look, if you focus only on one area of the business you can excel, whether you focus on identity or you focus only on firewall, you can excel with us, but that will be your lane. That will be kind of your swim lane. Obviously the partners who are more strategic, who embrace the platform, will be able to unlock more. So what we simply did in the program, Rob, is we said now partners have requirements where they have to meet toward the next-gen security, where in the past there were no requirements. We put specific requirements. It’s very clear what they need to do. And then secondly, what we also did in addition to requirements, we also built the incentives and the rebates that support that motion. So we’re basically telling our partners we’re looking at both sides of the puzzle. And I’ve always talked about programs – people ask me “Michael, what is a partner program?” Frankly, for me it’s a value exchange. On one side you have the requirements of what we expect as a vendor from our partners. And on the other side, what do we offer them in return? What’s in it for them? And the way I look at this, where the two meet in the middle – where the requirements meet the benefit and the incentive – that’s the program. So every program, in order to be successful, needs to have both sides. We made sure in our program we updated the requirements, but we also updated the incentives that go with that. Robert Dutt: A couple of things coming out of that in different lanes. You mentioned setting those goals that folks have to reach outside of firewall and making that a requirement for the first time. You’ve said that 30% of revenues need to come from non-firewall lines of business within 18 months for you to reach both Platinum and Diamond, if I’m remembering correctly. That’s a real requirement. What happens to a longtime, loyal firewall-heavy partner who can’t or doesn’t get there? You say they have their lane, but what does that path look like? And the other side of that – is 18 months realistic for partners who need to build new practices around Cortex or Prisma or the other next-gen areas? Michael Khoury: So look, we’ve done the analysis across our partner ecosystem. And what I found when we did the analysis, even over a year ago versus when we did it recently, we already saw a shift. We already saw an increase over just the first year, even before we launched the program, because we started to signal especially to our key, bigger strategic partners. And you’re right – at the Diamond level we require 30% of their business to come from next-gen security. But the Platinum level is a little bit lower, it’s 20%. So it’s not as high of a bar. And obviously for the Innovator level, we did not put a specific requirement. We felt those partners are smaller in nature, maybe they’re focused on a specific area, they’re still building their business model. We didn’t feel we needed to necessarily be very prescriptive with our requirements in that area. In terms of the 18 months, when we looked at our partners – if I have a partner who’s already, let’s say, a Diamond and doing 20% of their business toward next-gen security, and now by adding identity as well, that adds to that percentage. So some of them actually have an identity practice that they can leverage as well. We know the vast majority of our strategic partners are within striking distance. Yes, they may need to stretch. Yes, they may need to do a little bit more work to get there. But look, this is why we gave the 18 months. This is why we enable our CBMs, our field team, to work with these partners early on to start having those plans. And I think overall, the partners who are committed to us, who are not ad hoc, opportunistic – “Oh, this deal I’ll work with Palo only, I’m not fully invested in them” – I get it, those partners may not get there. But frankly, those partners in the first place, they were not driving that much business and that much impact for us to begin with. They were opportunistic, they were bringing some deals, which is totally fine, but we’re not going to necessarily limit our program evolution and requirements based on those. Overall, I feel pretty confident that our strategic partners will be able to meet those requirements come the 18 months. And here’s what I’ll say – last time I did this when I was at ServiceNow and I evolved their partner program, it’s funny how things happen sometimes in the same way. I was there about 18 months before we launched the program. Somehow it worked out to be about 18 months. I don’t know why, it seems like that’s the magic number. And I recall at the time we gave about 18 months and the vast majority of partners ended up getting to where we expected them to go. Yeah, we had a few we had to work with and figure out a way how they can get there in a few more months, but overall it ended up moving that ecosystem in that direction. Now I understand cybersecurity is different than a workflow optimization company, but at the same time, I’ve done these things when I was at Cisco. I’ve done them at ServiceNow and I feel like this is the right move for us at Palo Alto. And I’m encouraged by what I’m seeing early on. The feedback from our partners seems like “Okay, we like this because it’s going to allow our unique partners to stand out.” And if you have too many that are all special, then no one is special. You know how that goes. So we believe 18 months is the right time and the early indication seems to support that. Robert Dutt: It’s funny how, as they say, history rhymes with the 18-month cadence for you across new roles. Switching to the incentive side of things, you’ve eliminated the discount caps that used to lock partners out of earning a rebate on heavily discounted deals. That sounds like a pretty big one for partners. Can you give me a sense of the magnitude here? You’ve said that some partners could be earning two to four times what they were earning before. Is that the aspirational number, or is that broadly achievable? Michael Khoury: That is the actual data. When I said that two to four times, it was actually based on actual data that we modeled based on last year’s performance. So as a matter of fact, when I’m looking at partners, we are more than halfway into our fiscal year ’26, which you know will end in July. So fiscal year ’27 will start August 1st. When I look at our performance for FY26, which we launched the program only in February, so we’re talking about only the second half of the year where these things are making an impact – as a matter of fact, when it comes to the rebates, we changed it in the last two weeks of the second quarter. We didn’t want to finish the second quarter where partners may be holding back on some orders to wait for Q3 where they can earn more rebates. So we made a decision to say “Hey, we’re just going to do it in the last two weeks of the quarter so we don’t hurt our Q2 numbers.” And it turned out to be a good decision because our data was very strong in Q2. So that was great. But it’s a great question. It’s not aspirational. It’s the actual data on past bookings. And what’s really exciting about it – when you look at our next-gen security, around SASE, Cortex, and obviously identity we’re going to address later – but when you look at SASE and Cortex, for us there were a lot of deals our partners were driving but they were not earning those incentives. And here’s one interesting fact. As we started to make that shift and we started to talk about it, all of a sudden in our deal registration – which means mostly the business that our partners obviously source and bring to Palo Alto – our next-gen security deal registration percentages were not as high. And once we started to make that shift and we’re tracking this, you won’t believe it, all of a sudden we’re starting to see an increase in our deal registration and partner-sourced business for us. So that tells me, even though with only one month or one month and a couple of weeks, because we did that change two weeks into the quarter, I’m starting to see the pipeline. I’m starting to see more booking toward that next-gen security. So it’s a good early indication. Obviously I need to wait a couple more quarters. I’m not going to claim victory only in six weeks that we’ve had this. But the early indication, Rob, seems to show that as we made the changes toward these incentives, especially with next-gen security – because in the past a lot of partners, because of the market and competitive dynamics and the way our list pricing model was set up, they were not able to earn incentives on next-gen security – but now they are. So that’s starting to show early indication of pipelines, early indication of deal reg percentages, and so on. So I’m encouraged by where we’re going to finish the year, but I’m more encouraged for next year. Because it’s funny, every time we do these things, when you launch something new it takes about a couple of quarters for the ecosystem to kind of understand, fully adopt, embrace, and put it into an operational vehicle so they can execute on it. And then you start to see in that third and fourth quarter it starts to get much better, and by the fifth and sixth quarter, that’s when you start reaching a higher level. So again, I don’t know why, but somehow things always end up working toward that 18-month kind of trajectory. Because you’re right, the ecosystem cannot pivot right away. They need time to adjust. But that’s what I’ve seen over the years dealing in this for a long time. That’s typically what it takes to get to a higher level. So I’m really excited about where we’re going to end up in ’26 and even more in fiscal year ’27. Robert Dutt: A lot of the audience are mid-market MSPs and resellers, the 15, 20, 50-person shops. When you designed this program, how much were you thinking about that sort of long tail of smaller partners who aren’t at global SI scale? The platform approach – I understand it, it sounds good in theory – but building specializations across the different areas, across network, across cloud, across SOC, requires investment that might be a reach for a smaller partner. What’s the path for that small partner MSP? Michael Khoury: That’s great. First of all, I said it earlier but I didn’t share the percentage with you. I will share it now. Our managed services route to market is growing over 60% year on year. So I can tell you that that’s where we’re seeing a lot of growth. Even traditional VARs, a lot of the traditional VARs are starting to build and deliver managed services. So the business has shifted from just resale, traditional VAR, to managed service. Regarding what we’re offering to that smaller VAR – or that smaller managed service partner, I should say, but it also applies to even our resellers if they want to build a business and go-to-market motion around Palo Alto Networks – we just launched, actually, as part of this program redesign, the ability to have access for all of our partners with on-demand learning experience. Not just for pre-sales and technical sales, which we had always available as on-demand learning, but we just expanded it for post-sales. So now if you’re a smaller partner, you’re going to have access to on-demand learning experience across sales, technical pre-sales, architect roles which are kind of more pre- and a little bit post-sales, across engineer roles for delivery, and across analyst roles for support. So now they have access to on-demand learning experience across all products, which we started with this quarter, and we’re adding more products within the next quarter as well. So that’s number one. Number two, we now incorporate as part of our training for partners an AI roleplay that is also available to them. And the early feedback from partners – we had solution architects from partners come in and do this AI roleplay not prepared. And their feedback initially was “Michael, it kicked my butt, I wasn’t ready.” And now they feel like it gave them an indication of what they need to do better. The new AI roleplay is enabling our partners’ sellers and technical pre-sales to help them position the product. And it’s also enabling the post-sales engineers, architects, and analysts as well. So we’re giving them access across all of that on the portfolio. In addition, once they have access to the on-demand learning experience, part of the ongoing certification model now includes a roleplay. But they also now have access to labs across the entire portfolio. That’s also available to them through that on-demand learning experience. And in addition to that, we just launched Demo Zone, which is also available through the Learning Center. So they can do demos across the product line, they can come in, get training for about an hour, hour and a half, and be able to do demos for customers, really without needing help from a sales engineer or solution consultant at Palo Alto Networks. I touched on this early on when we started – that was one of the key changes we needed to make. Sure, our partners need to have access to the right training, to the right enablement, so they can be self-sufficient. So technically, if you have a smaller partner who’s embarking on their journey with Palo Alto, they’re going to have access to really a lot of content, training, and capability across all roles, available to them on demand. It’s going to allow them to invest and grow and drive that business growth like never before. And obviously with MSSPs, we provide them with programmatic front-end discount that helps them win in that commercial segment, that mid-market that you touched on, without needing a lot of help from Palo Alto. So in a way, we’re giving them access to the training, the enablement, the tools, and also to the programmatic element from a front-end discount, and to the back-end rebate as well, to ensure they can grow and develop that go-to-market motion. So I’m really excited – even though our managed services was growing at 60%, I’m really excited about where it’s going to go a year from now, because I don’t think we’ve touched its full potential. A lot of those managed services partners are going to be able to reap a lot of benefits across the board, across the entire portfolio. Robert Dutt: The AI roleplay tool – that’s something that I thought was really interesting, really fun to see in there. It’s been interesting seeing AI start to find its way into partner programs. Sticking with the sort of idea of resources and smaller partners, are there any Canadian-specific resources or team support that smaller Canadian partners of Palo Alto should know about? Michael Khoury: Look, in Canada we have a very strong managed service motion with partners. And when I look at just the ratio of percentage of Canadian partners and the investment, I see that our Canadian partners actually invest – just from a percentage of resources to booking and revenue – I see our Canadian partners invest more in technical pre-sales roles and training for individuals than in other markets. So I’m very encouraged to see that in Canada, not just are we driving a strong managed service motion, but we also have more investment from a resources perspective. Because when I look at a partner, I don’t just look at how much booking you did with us, because to me booking is more of a lagging indicator. I look at the investments, and not just by the number of certifications they have – I look at the number of individuals. Because obviously you can have one individual sometimes accumulate multiple certifications. So I do look at the number of certifications by product, but we also look at the number of individuals that a partner has invested in. And I’m encouraged to see that in Canada, particularly in our managed service motion and even in our resale motion, I see more and more partners investing in sales and technical and obviously post-sales as well. I found that was interesting data that I uncovered as I was comparing, for example, US partners to Canadian partners. So that’s encouraging. That means our partners in Canada will be able to have, over time, as they leverage the new program, even bigger market share and better representation. Because the data is very clear – partners who invest more in their enablement and their certification, who really go on that journey, their revenue tends to be much higher than partners who don’t make that same commitment. And that’s why we have something that we’re now making available – it’s called our Partner Capacity Dashboard, something brand new. We’re making it available to our Channel Business Managers first for this year. Next year we’ll make it available to partners so they can have clear visibility on all the individuals, the training, the demos, the AI roleplays, all the things that their people are doing. And we also look at their projection for the year’s business and give them guidance on whether they have enough individuals, enough people who are certified. So it’s going to help them really with their business planning for the future. I’m excited about giving this first to our Channel Business Managers. We have a few things to work through, and then by beginning of ’27 we’re going to make it available to partners to help them on that journey. So that’s another one of those things that we’ve evolved and changed. Robert Dutt: You touched on this a couple of times, let’s discuss it now. The CyberArk acquisition closed in February, $25 billion, added identity security into the fold. And that’s something that we’re hearing a lot more about across the industry and throughout the channel. What does CyberArk being in there mean for partners right now? Is there a NextWave path for identity? And how quickly do you think partners are going to be able to build their capability there, particularly with Palo Alto? Michael Khoury: So this was my message probably a week before we closed the CyberArk deal. I went to a CyberArk event, their global sales kickoff, where we had about 200 or so partners. And one of my messages to those partners in the room, I said “Look, if your business is resale, managed service, or consulting implementation on identity only, that’s totally fine. That is a home for you at Palo Alto Networks.” Now it turns out, when we looked at the data, the vast majority of our partners are joint partners, meaning they are both a CyberArk partner and a Palo Alto Networks partner. We had a very small number of partners who are CyberArk-only partners. And those partners, we were in the process of ensuring we onboard them in the next few months before the new fiscal year starts. So the journey for those partners is, if you’re going to continue with identity, we’re going to give you all the support, all the things that I talked about earlier – from access to training, enablement, demos, AI roleplay, tools – all of that is going to be available for identity. All the incentives that I talked about, which today are not available in the CyberArk portfolio, we are going to be working on that for identity for the new year as well. So partners can be even more profitable when they do business on identity. And both CyberArk and Palo Alto, we both embrace partner delivery and support services as well. Between us and them, we have over 90% of the delivery on CyberArk – and a similar thing on Palo Alto – done by partners. So it’s not just the managed services motion or the support motion, but even the delivery motion as well is done by partners. So there will be a path if you just do identity – and again, those are a small percentage – there’ll be a path for those partners to be able to continue to invest in identity. And they’ll have plenty of time to adjust. And if they don’t ever want to go beyond identity, that’s fine. But again, the majority of our partners are actually joint partners between the two companies. So there is a lot more synergy there. When you start looking at data, you start looking at which partners drive the TCVs and the bookings on Palo Alto, there is a lot of overlap. And we’re rationalizing the rest of our ecosystem as well. But I’m excited about adding identity and being able to incentivize and give more support to those identity partners. And I’m glad to say, by having such a large joint overlap, I think that in itself will open up more business for them and more opportunities for us. And frankly, for the Palo Alto partners who do not sell identity – because we have more of those, Palo Alto partners who do not sell identity – this is going to be a great opportunity for them to embrace identity, get the right training, get the right certification and specialization, and be able, if they want to expand beyond what Palo Alto offers, into the identity space. That’s the bigger area of opportunity. Because as I said, the joint customers – all of the CyberArk partners are actually Palo Alto partners – but we had more Palo Alto partners who are not CyberArk, who don’t sell and support identity. And that’s where I feel there is a big potential for growth in that area. Robert Dutt: Do you have any kind of feel for how many of those partners that you describe, who are Palo Alto but not CyberArk, have made identity bets elsewhere? Michael Khoury: That’s a great question. I don’t have that top of mind to share with you as a percentage. Identity tends to be an area where you need to invest deeper. Let me give you an example – a certified delivery engineer at CyberArk is a minimum six-to-nine-month type investment. So it’s not as easy for a partner to pick it up overnight and say “Yeah, I’m ready to go down that path” unless it is part of their go-to-market motion and they have a plan for it. Now, the way we see the future, with more agentic AI and privileged access going to play a bigger role, we believe identity and the privileged access space is going to be an even more key component of that. So I’m going to see more and more partners – not just the joint partners, but more and more partners are going to start to embrace that. But I don’t have the exact percentage top of mind of, hey, if you are Palo Alto only, have you invested with another company versus us. I think they’re going to find very quickly, with all the things we’ve changed in the new program and implementing those with identity and incentivizing more on identity, I think it’s going to be very difficult for them to turn away, even if they were investing with another vendor, not to come to Palo Alto Networks and invest with our identity solution. Especially as we integrate the products and there’s going to be a lot more capability from a platform perspective by having identity. I think it’s going to be more and more difficult to say “Oh, I’m just going to keep working with another company on this one product only.” I think they will see the value, even if I don’t do all the great things I talked about in the program, which we are doing for identity. But from a product and a technology perspective, I think there is a lot of value there. Robert Dutt: My last question – if we’re sitting here a year from now, what does success look like for this program? What’s the metric or the outcome that tells you this revamp worked? Michael Khoury: Yeah. I mean, if I look at the key metrics that we’re looking for – and I think you heard me talk about them already – I’m going to look at how many more partners have trained individuals on Palo Alto Networks, how many more certifications across next-gen security, how much more booking is coming from that side of the house, what percentage more of deal reg is initiated by partners. I’m going to look across various elements to say, did we actually hit the mark? And obviously the other piece is we’re investing in those partnerships as well. All these things that I talked about to make available for partners, it’s an investment on our part. So I need to have that direct correlation to all these key success metrics. And so far the early indication says we’re heading in the right direction. There is one item we haven’t talked about and I want to mention this. Part of our incentive redesign, we also created a program called the Partner Development Fund. So partners will not just be able to earn rebates from us, but also part of the investment they earn will go into a Partner Development Fund that helps them invest in their future growth. So when I look at that future growth and all the activities that partners can drive with us – whether it’s investment in training, investment in headcount, investment in migration services, competitive takeout, whatever the case may be – they’re going to have funds available to them to make that investment in future growth. So one metric I’m going to be looking at is all these partners – how fast they’re growing, where were they growing with Palo Alto Networks as a percentage of business with us, and how fast that is growing now a year later, as we launch this new program with basically adding fuel to that fire and having a flywheel effect. The better job you do, the more we reward you. And the more we reward you, you have more funds to help you reinvest more in that growth. That part is really going to be a key differentiator for us and for those partners. In addition, frankly Rob, our platform strategy across these different products is going to give them a very real competitive advantage. So when you take all that holistically – from a technology perspective, from a program strategy, from a go-to-market motion – all of that combined with access to more training, more enablement, more funds, more support, I think the story is going to look a lot more positive across all these metrics. So I’m looking forward to, by end of fiscal year ’27, which will be the 18-month mark, seeing how this is going to play out. Robert Dutt: All right, I appreciate that, and certainly a lot going on with the NextWave redesign. I appreciate your walking us through some of your thinking around building the program and getting it out there. Michael, thank you. Michael Khoury: Thank you, Rob. Thanks for having me and great to be here. Appreciate the time. Robert Dutt: There you have it, Michael Khoury from Palo Alto Networks. I’d like to thank Michael for his time. He was generous with it, and more importantly, he was generous with specifics, which is not always the case when you get into a partner program conversation. A few things that stuck out for me with this one. First, the listening tour approach. Michael came in, asked partners what was working, and built the revamp around those answers. That sounds obvious, but it’s rarer than it should be. The four pain points that he identified – partners over-relying on Palo Alto staff for basic tasks, managed services being treated like resale, training and enablement that wasn’t keeping up, and an incentive structure that was, in his words, “mostly on paper” – those are complaints I’ve heard from partners across vendors over the years. The question is whether the new program actually fixes them, and the early signals are encouraging. The two-to-four-times earnings improvement isn’t a projection – it’s based on actual past booking data, and they’re already seeing increased deal registration for next-generation security lines within weeks of launch. Second, the diversification requirement. If you’re a firewall-heavy partner, the 30% non-firewall threshold for Diamond level is real, and the clock is ticking. But Michael made a reasonable case that most strategic partners are already within striking distance, and the CyberArk identity practice now counts toward that number, which opens up a path that didn’t exist six months ago. And third, for the audience here in Canada specifically, Michael noted that Canadian partners invest more per resource in technical pre-sales and certifications than partners in other markets. That’s a competitive advantage worth knowing about and leaning into. Thank you for listening. If you found this one useful, I’d appreciate it if you’d follow or subscribe. You can find the In The Channel podcast on Apple Podcasts, Spotify, YouTube, and most podcast directories. And if you have a moment to leave a rating or a review, that goes a long way to helping other channel pros find the show. Until next time, I’m Robert Dutt for ChannelBuzz.ca, and I’ll see you in the channel.

In der heutigen Folge sprechen die Finanzjournalisten Daniel Eckert und Lea Oetjen über das Schreckgespenst der Stagflation, einen Lichtblick für Rio Tinto und süße Zeiten für Südzucker. Außerdem geht es um Suss Microtec, Century Aluminum, Alcoa, Palo Alto Networks, CyberArk, Blackstone, KKR, RTL Group, Siemens, Wüstenrot & Württembergische, Nestlé, Lindt & Spruengli, Hershey, Mondelez, Coca-Cola, Vanguard FTSE All-World thesaurierend (WKN: A1JX52), SPDR MSCI All Country World Investable Market thesaurierend (WKN: A1JJTD), WisdomTree Cocoa (WKN: A1ELLY), iShares Stoxx Europe 600 Food & Beverage (WKN: A0H08H) und iShares Stoxx Global Select Dividend 100 (WKN: A0F5UH). Wir freuen uns an Feedback über aaa@welt.de. Noch mehr "Alles auf Aktien" findet Ihr bei WELTplus und Apple Podcasts – inklusive aller Artikel der Hosts. Hier bei WELT: https://www.welt.de/podcasts/alles-auf-aktien/plus247399208/Boersen-Podcast-AAA-Bonus-Folgen-Jede-Woche-noch-mehr-Antworten-auf-Eure-Boersen-Fragen.html. Hier könnt ihr den AAA-Newsletter abonnieren: https://www.welt.de/newsletter/article232797673/Alles-auf-Aktien-Der-taegliche-Boersen-Newsletter-fuer-WELTplus-Abonnenten.html Und - ganz neu: AAA gibt es jetzt auch auf Instagram: https://www.instagram.com/alles_auf_aktien/ Disclaimer: Die im Podcast besprochenen Aktien und Fonds stellen keine spezifischen Kauf- oder Anlage-Empfehlungen dar. Die Moderatoren und der Verlag haften nicht für etwaige Verluste, die aufgrund der Umsetzung der Gedanken oder Ideen entstehen. Hörtipps: Für alle, die noch mehr wissen wollen: Holger Zschäpitz können Sie jede Woche im Finanz- und Wirtschaftspodcast "Deffner&Zschäpitz" hören. +++ Werbung +++ Du möchtest mehr über unsere Werbepartner erfahren? Hier findest du alle Infos & Rabatte! https://linktr.ee/alles_auf_aktien Impressum: https://www.welt.de/services/article7893735/Impressum.html Datenschutz: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html

Could AI soon have a seat on the board of directors? In this episode of Today in Tech, host Keith Shaw talks with Kevin Bocek, Senior Vice President for Innovation at CyberArk, about the rise of agentic AI in corporate leadership — starting with “AI shadow boards” that advise CEOs and potentially evolving into AI that actually votes on board decisions. They dig into why companies are exploring AI for board-level decision-making, what benefits AI agents could bring (speed, consistency, transparency for shareholders), and the biggest risks leaders can't ignore — privileged access to sensitive financial and strategic data, accountability when AI gets it wrong, and how identity security could become the “kill switch” for powerful AI agents. It may seem like a goofy idea now, but could be looming in the future. We break down what's real, what's hype and what questions to ask if AI moves from advisor to decision-maker. Follow TECH(talk) for the latest tech news and discussion!

Security teams are under more pressure than ever, reacting at human speed while systems, identities, and AI agents operate at machine speed. In this episode of Security Matters, host David Puner sits down with cybersecurity leader and former FBI executive MK Palmore to explore why defenders struggle to keep pace and what it takes to regain control.From AI agents that overshare sensitive data to cloud misconfigurations that never seem to disappear to the persistent success of ransomware, MK explains how complexity, vendor sprawl, and overloaded teams create gaps that attackers continue to exploit. The conversation highlights how identity across human, machine, and emerging agent types has become the center of modern security and why fundamentals, prioritization, and platform thinking matter more than ever.Listeners will hear insight on: • Identity at machine speed and the rise of autonomous access • Why attackers still win more than 51 percent of the time • How ransomware continues to succeed despite industry progress • Why SMBs face “mission impossible” expectations • The true cost of vendor sprawl and operational overload • What effective security leadership looks like in the current threat environmentIf you work in identity, security operations, strategy, or leadership, this discussion cuts through hype and focuses on the realities defenders face and how to push back against the constant pressure of the tyranny of the now.

כולם מדברים על כמה קל לבנות היום מערכות AI, אבל מה קורה כשמנסים להביא אותן ל-Production אמיתי?אירחתי באולפן את רן בר זיק, מפתח ב-CyberArk, ששיתף אותנו במסע המורכב (והרועש) של פיתוח מערכת מבוססת מודלי שפה רב-מודאליים (Multimodal LLMs).דיברנו על האתגרים שאף דמו בלינקדאין לא מראה: מהזיות של המודל ובעיות אבטחה ועד לניהול עלויות (FinOps), מדידת איכות המודל ושימוש ב-Agents לביצוע אופטימיזציה. פרק חובה לכל מי שרוצה להבין את הפער שבין ההייפ למציאות בשטח.האזנה נעימה, עמית בן דור.

Palo Alto Networks (PANW) is facing a volatile market, leading many to ask: is the "SaaS Apocalypse" finally hitting cybersecurity? We break down why the market is hammering the stock despite a clear secular growth trend in the industry.Since Nikesh Aurora took over in 2018, Palo Alto has spent $31 billion on multiple acquisitions to pivot from a simple firewall provider to a cloud and AI security powerhouse. We analyze the recent CyberArk deal, the shift in free cash flow margins, and why the company's platformization strategy is creating a longer payoff cycle for investors.If you are a PANW shareholder or looking for a value entry in cybersecurity, this video covers the essential valuation metrics.Join us on Discord with Semiconductor Insider, sign up on our website: www.chipstockinvestor.com/membershipSupercharge your analysis with AI! Get 15% of your membership with our special link here: https://fiscal.ai/csi/Sign Up For Our Newsletter: https://mailchi.mp/b1228c12f284/sign-up-landing-page-short-formIf you found this video useful, please make sure to like and subscribe!*********************************************************Affiliate links that are sprinkled in throughout this video. If something catches your eye and you decide to buy it, we might earn a little coffee money. Thanks for helping us (Kasey) fuel our caffeine addiction!Content in this video is for general information or entertainment only and is not specific or individual investment advice. Forecasts and information presented may not develop as predicted and there is no guarantee any strategies presented will be successful. All investing involves risk, and you could lose some or all of your principal.#PaloAltoNetworks #PANW #Cybersecurity #Investing #StockMarket #TechStocks #AI #SaaS #CloudSecurityNick and Kasey own shares of PANW

The Security Weekly 25 index and the NASDAQ diverge. Funding and acquisitions continue shift to AI. Are security stocks out of favor? Netskope enters the index, but does not replace CyberArk, as Thoma Bravo buys Verint. We'll dig into all of this and more! The index is now made up of the following 25 stocks: SAIL Sailpoint Inc PANW Palo Alto Networks Inc CHKP Check Point Software Technologies Ltd RBRK Rubrik Inc GEN Gen Digital Inc FTNT Fortinet Inc AKAM Akamai Technologies Inc FFIV F5 Inc ZS Zscaler Inc OSPN Onespan Inc LDOS Leidos Holdings Inc QLYS Qualys Inc NTSK Netskope Inc CYBR Cyberark Software Ltd TENB Tenable Holdings Inc OKTA Okta Inc S SentinelOne Inc NET Cloudflare Inc CRWD Crowdstrike Holdings Inc NTCT NetScout Systems Inc VRNS Varonis Systems Inc RPD Rapid7 Inc FSLY Fastly Inc RDWR Radware Ltd ATEN A10 Networks Inc Visit https://www.securityweekly.com/bsw for all the latest episodes! Show Notes: https://securityweekly.com/bsw-435

CyberArk founder and executive chairman Udi Mokady returns to Security Matters at a transformational moment—now as part of Palo Alto Networks, following the acquisition's close on February 11. In this far‑reaching conversation, Udi and host David Puner explore why identity has become the attack vector for modern enterprises, driven by an unprecedented surge in human, machine and AI‑powered identities that attackers increasingly exploit.Udi discusses what the combined companies' scale and capabilities mean for customers, why identity security must now operate as frontline defense rather than a management layer, and how AI agents are rapidly reshaping the threat landscape. He also reflects on CyberArk's long‑distance entrepreneurial journey, the cultural foundations that have made the company durable over 26 years, and how productive paranoia, innovation and trust continue to guide the mission forward inside Palo Alto Networks.Note: This episode was recorded in January, prior to the acquisition's close.

Palo Alto Networks CEO Nikesh Arora discusses the company's revised forecast for 2026 and the impact of Palo Alto's recent acquisition of software company CyberArk. Arora spoke with Bloomberg's Ed Ludlow.See omnystudio.com/listener for privacy information.

The Security Weekly 25 index and the NASDAQ diverge. Funding and acquisitions continue shift to AI. Are security stocks out of favor? Netskope enters the index, but does not replace CyberArk, as Thoma Bravo buys Verint. We'll dig into all of this and more! The index is now made up of the following 25 stocks: SAIL Sailpoint Inc PANW Palo Alto Networks Inc CHKP Check Point Software Technologies Ltd RBRK Rubrik Inc GEN Gen Digital Inc FTNT Fortinet Inc AKAM Akamai Technologies Inc FFIV F5 Inc ZS Zscaler Inc OSPN Onespan Inc LDOS Leidos Holdings Inc QLYS Qualys Inc NTSK Netskope Inc CYBR Cyberark Software Ltd TENB Tenable Holdings Inc OKTA Okta Inc S SentinelOne Inc NET Cloudflare Inc CRWD Crowdstrike Holdings Inc NTCT NetScout Systems Inc VRNS Varonis Systems Inc RPD Rapid7 Inc FSLY Fastly Inc RDWR Radware Ltd ATEN A10 Networks Inc Show Notes: https://securityweekly.com/bsw-435

The Security Weekly 25 index and the NASDAQ diverge. Funding and acquisitions continue shift to AI. Are security stocks out of favor? Netskope enters the index, but does not replace CyberArk, as Thoma Bravo buys Verint. We'll dig into all of this and more! The index is now made up of the following 25 stocks: SAIL Sailpoint Inc PANW Palo Alto Networks Inc CHKP Check Point Software Technologies Ltd RBRK Rubrik Inc GEN Gen Digital Inc FTNT Fortinet Inc AKAM Akamai Technologies Inc FFIV F5 Inc ZS Zscaler Inc OSPN Onespan Inc LDOS Leidos Holdings Inc QLYS Qualys Inc NTSK Netskope Inc CYBR Cyberark Software Ltd TENB Tenable Holdings Inc OKTA Okta Inc S SentinelOne Inc NET Cloudflare Inc CRWD Crowdstrike Holdings Inc NTCT NetScout Systems Inc VRNS Varonis Systems Inc RPD Rapid7 Inc FSLY Fastly Inc RDWR Radware Ltd ATEN A10 Networks Inc Visit https://www.securityweekly.com/bsw for all the latest episodes! Show Notes: https://securityweekly.com/bsw-435

The Security Weekly 25 index and the NASDAQ diverge. Funding and acquisitions continue shift to AI. Are security stocks out of favor? Netskope enters the index, but does not replace CyberArk, as Thoma Bravo buys Verint. We'll dig into all of this and more! The index is now made up of the following 25 stocks: SAIL Sailpoint Inc PANW Palo Alto Networks Inc CHKP Check Point Software Technologies Ltd RBRK Rubrik Inc GEN Gen Digital Inc FTNT Fortinet Inc AKAM Akamai Technologies Inc FFIV F5 Inc ZS Zscaler Inc OSPN Onespan Inc LDOS Leidos Holdings Inc QLYS Qualys Inc NTSK Netskope Inc CYBR Cyberark Software Ltd TENB Tenable Holdings Inc OKTA Okta Inc S SentinelOne Inc NET Cloudflare Inc CRWD Crowdstrike Holdings Inc NTCT NetScout Systems Inc VRNS Varonis Systems Inc RPD Rapid7 Inc FSLY Fastly Inc RDWR Radware Ltd ATEN A10 Networks Inc Show Notes: https://securityweekly.com/bsw-435

In this episode of Security Matters, host David Puner sits down with Ariel Pisetzky, chief information officer at CyberArk, for a candid look at the fast‑evolving intersection of AI, cybersecurity, and IT innovation. As organizations race to adopt AI, the fear of missing out is driving rapid decisions—often without enough consideration for identity, security, or long‑term impact.Ariel shares practical insights on what it really takes to secure AI at scale, from combating AI‑enabled phishing attacks to managing agent identities and reducing growing risks in the software supply chain. The conversation explores how leaders can balance innovation with identity‑centric guardrails, understand the economics of AI adoption, and push for the democratization of IT without losing control. Whether you're a CIO, an IT leader, or simply curious about the future of cybersecurity, this episode offers clear, actionable guidance to help you stay ahead in 2026 and beyond.

In this special year-end episode of Inside the Network, we're joined by two of the most trusted strategic advisors in cybersecurity - Dino Boukouris, Managing Partner at Altitude Cyber, and Sam Bronstein, Partner at AXOM Partners. Between them, they've worked on billions of dollars in cybersecurity M&A, helped founders navigate exits to the world's largest tech companies, and advised the CEOs behind some of the biggest public and private deals in the industry. In this episode, which also happens to be the 20th episode of Inside the Network, we break down what really happened across the cybersecurity landscape in 2025, from customer buying patterns and budget constraints to the $96B in M&A deal volume. Dino and Sam share insights on what's driving consolidation, how buyers think about valuation and timing, and what defines a hot company in 2026 (hint: it's not just growth). We talk about how mega-deals like Wiz and CyberArk are reshaping competitive dynamics in the industry, why SASE, identity, and security for AI have been the most active M&A themes, and what founders need to understand about building relationships with buyers long before they're ready to exit. Sam and Dino explain that founders who achieve the best outcomes usually build relationships with potential acquirers over many years, and break down why many late-stage founders are likely to choose acquisition over IPO in the coming cycle.We close with tactical advice for founders heading into 2026: how to think about your board and investors, what metrics you'll be judged on, and how to align your capital strategy with your long-term goals. And yes, we also talk about race cars, zero interest rates, outcome-based pricing, and what Palo Alto Networks might buy next.

In this episode of Security Matters, host David Puner welcomes back David Higgins, senior director in CyberArk's Field Technology Office, for a timely conversation about the evolving cyber threat landscape. Higgins explains why today's attackers aren't breaking in—they're logging in—using stolen credentials, AI-powered social engineering, and deepfakes to bypass traditional defenses and exploit trust.The discussion explores how the rise of AI is eroding critical thinking, making it easier for even seasoned professionals to fall for convincing scams. Higgins and Puner break down the dangers of instant answers, the importance of “never trust, always verify,” and why zero standing privilege is essential for defending against insider threats. They also tackle the risks of shadow AI, the growing challenge of misinformation, and how organizations can build a culture of vigilance without creating a climate of mistrust.Whether you're a security leader, IT professional, or just curious about the future of digital trust, this episode delivers actionable insights on identity security, cyber hygiene, and the basics that matter more than ever in 2026 and beyond.

The Future of Human-Centered Risk Reduction in Tech: AI, Cybersecurity, and Developer Empowerment | Hosted by Gary Fowler | Top Global StartupsJoin Elizabeth Lawler Founder and CEO of AppMap, in a powerful conversation with Gary Fowler as they explore how AI, security, and next-gen developer tools are reshaping the future of innovation. From her background as a scientist and healthcare data expert to founding multiple high-impact startups acquired by industry leaders, Elizabeth shares real-world insights on protecting humans—not just systems—in the age of intelligent software.Insights You'll Learn:✓ Why reducing human risk is the most overlooked priority in modern tech✓ How AI is reshaping cybersecurity, DevOps, and developer workflows✓ Lessons from founding Conjur (acquired by CyberArk) and scaling AppMap to hundreds of thousands of users✓ The rise of code-level observability and why it matters today✓ How founders can navigate burnout, complexity, and emotional load while building high-impact companies✓ The future of secure AI-driven software development✓ What it takes to innovate at the intersection of data, security, and human behaviorWhy This Matters:As AI accelerates development and automation, the biggest vulnerabilities are shifting from systems to people. AppMap is pioneering a new approach: empowering developers with real-time intelligence directly inside their tools, reducing errors, vulnerabilities, and risk before they happen.Elizabeth's journey—from healthcare data science to cybersecurity, dev tools, and startup coaching—offers rare insight into what it truly takes to build safer, smarter, and more human-centered technology.

The Security Weekly 25 index is back near all time highs as the NASDAQ hits another record high. Funding and acquisitions have shifted to AI as the security industry continues to evolve. We also had a new IPO, Netskope. They will replace CyberArk once the Palo Alto Networks acquisition closes, allowing the index to survive another public company acquisition. In the leadership and communications segment, Boards Seeking AI Specialists, A CISO's Guide to Navigating the Urgent AI Security Storm, How to Write AI Prompts That Get Results (& Don't Suck), and more!   Visit https://www.securityweekly.com/bsw for all the latest episodes! Show Notes: https://securityweekly.com/bsw-423

As enterprises embrace agentic AI, a new security risk equation emerges. In this episode of Security Matters, host David Puner sits down with Lavi Lazarovitz, VP of Cyber Research at CyberArk Labs, to unpack how AI agents and identity security are reshaping the threat landscape. Learn why privileged access is now the fault line of enterprise security, how attackers exploit overprivileged AI agents, and what security teams must rethink before scaling AI. Packed with real-world examples and actionable insights, this is a must-listen for anyone meeting the challenges of AI and cybersecurity.

The Security Weekly 25 index is back near all time highs as the NASDAQ hits another record high. Funding and acquisitions have shifted to AI as the security industry continues to evolve. We also had a new IPO, Netskope. They will replace CyberArk once the Palo Alto Networks acquisition closes, allowing the index to survive another public company acquisition. In the leadership and communications segment, Boards Seeking AI Specialists, A CISO's Guide to Navigating the Urgent AI Security Storm, How to Write AI Prompts That Get Results (& Don't Suck), and more! Show Notes: https://securityweekly.com/bsw-423

The Security Weekly 25 index is back near all time highs as the NASDAQ hits another record high. Funding and acquisitions have shifted to AI as the security industry continues to evolve. We also had a new IPO, Netskope. They will replace CyberArk once the Palo Alto Networks acquisition closes, allowing the index to survive another public company acquisition. In the leadership and communications segment, Boards Seeking AI Specialists, A CISO's Guide to Navigating the Urgent AI Security Storm, How to Write AI Prompts That Get Results (& Don't Suck), and more!   Visit https://www.securityweekly.com/bsw for all the latest episodes! Show Notes: https://securityweekly.com/bsw-423

Is it time to look past the AI bubble and focus on the infrastructure actually securing it? Today, we're pivoting to a top secular growth trend: Cybersecurity.With the industry projected to grow 12% annually and hit $215 billion in spending by 2025, Palo Alto Networks (PANW) is making aggressive moves to dominate the landscape. We discuss their M&A strategy—including the purchase of Chronosphere and the pending CyberArk deal—and what this means for their entry into the cloud observability market against competitors like Datadog and Dynatrace.In this video, we cover:-- AI-Native Security: Why AI agents and cloud workloads are driving the next wave of IT spending.--The Financials: a breakdown of PANW's cash pile, revenue acceleration, and rising stock-based compensation.-- Valuation Check: With the stock trading around 30-33x Free Cash Flow, is Palo Alto Networks a buy, a hold, or just fair value?.We analyze whether this cybersecurity giant can execute on its "platformization" strategy and if the recent sell-off offers a prime entry point for investors.Tickers mentioned: PANW,CYBR,DT,DDOG#PaloAltoNetworks #Cybersecurity #StockMarket #Investing #PANW #CloudSecurity #AIStocksJoin us on Discord with Semiconductor Insider, sign up on our website: www.chipstockinvestor.com/membershipCharts & Data provided by fiscal.ai. Get 25% off any paid plan (Nov 26 - Dec 1) using our link: https://fiscal.ai/csi/Sign Up For Our Newsletter: https://mailchi.mp/b1228c12f284/sign-up-landing-page-short-formIf you found this video useful, please make sure to like and subscribe!*********************************************************Affiliate links that are sprinkled in throughout this video. If something catches your eye and you decide to buy it, we might earn a little coffee money. Thanks for helping us (Kasey) fuel our caffeine addiction!Content in this video is for general information or entertainment only and is not specific or individual investment advice. Forecasts and information presented may not develop as predicted and there is no guarantee any strategies presented will be successful. All investing involves risk, and you could lose some or all of your principal.Nick and Kasey own shares of Palo Alto Networks

גיא קצוביץ' מארח את עמית קרפ (Bessemer Venture Partners), ברק שוסטר (Battery Ventures) וינאי אורון (Vertex Ventures Israel) לניתוח גל הפיטורים באמזון (Amazon) ולייטריקס (Lightricks) והשאלה האם AI הוא הסיבה האמיתית, או תירוץ להתייעלות. הדיון עובר לעתיד חברות ה-SaaS מול חברות "AI FIRST", בוחן את "כלכלת הבחירות" של שר האוצר בצלאל סמוטריץ', ומסביר מדוע יזמים ישראלים מעדיפים להתאגד בדלאוור (Delaware) בזכות הטבת המס QSBS. בנוסף, נתונים חדשים על יזמים סדרתיים (Wiz, CyberArk) בישראל, והמעבר של OpenAI למבנה רווחי בשווי 500 מיליארד דולר(00:00) - פתיחה(04:24) - פיטורי AI באמזון ולייטריקס: האם AI הורג משרות?(12:14) - למה חברות AI FIRST יהרגו את תעשיית ה-SaaS?(24:21) - "כלכלת בחירות" והטבת המס (QSBS) שמושכת יזמים לדלאוור(37:14) - יזמים סדרתיים בישראל (Wiz, CyberArk)(57:08) - המבנה החדש של OpenAI: שווי 500 מיליארד דולר והעסקה עם מיקרוסופט

In this episode of Security Matters, host David Puner sits down with Yuval Moss, CyberArk's VP of Solutions for Global Strategic Partners, to explore the fast-evolving world of agentic AI and its impact on enterprise security. From rogue AI agents deleting production databases to the ethical blind spots of autonomous systems, the conversation dives deep into how identity and Zero Trust principles must evolve to keep pace. Yuval shares insights from his 25-year cybersecurity journey, including why AI agents behave more like humans than machines—and why that's both exciting and dangerous. Whether you're a security leader, technologist or curious listener, this episode offers practical guidance on managing AI agent identities, reducing risk, and preparing for the next wave of autonomous innovation.Explore more of Yuval's thinking on agentic AI and identity-first security in these recent articles:The life and death of an AI agent: Identity security lessons from the human experienceWhen AI Agents Mirror Humanity's Best Behaviors…and Worst Behaviors The Agentic AI Revolution: 5 Unexpected Security Challenges

Security leaders from CyberArk, Fortra, and Sysdig share actionable strategies for securely implementing generative AI and reveal real-world insights on data protection and agent management.Topics Include:Panel explores practical security approaches for GenAI from prototype to productionThree-phase framework discussed: planning, pre-production, and production security considerationsSecurity must be built-in from start - data foundation is criticalUnderstanding data location, usage, transformation, and regulatory requirements is essentialFortra's security conglomerate approach integrates with AWS native tools and partnersMachine data initially easier for compliance - no PII or HIPAA concernsIdentity paradigm shift: agents can dynamically take human and non-human roles97% of organizations using AI tools lack identity and access policiesSecurity responsibility increases as you move up the customization stackOWASP Top 10 for GenAI addresses prompt injection and data poisoningRigorous model testing including adversarial attacks before deployment is crucialSysdig spent 6-9 months stress testing their agent before production releaseTension exists between moving fast and implementing proper security controlsDifferent security approaches needed based on data sensitivity and model usageZero-standing privilege and intent-based policies critical for agent managementMulti-agent systems create "Internet of Agents" with exponentially multiplying risksDiscovery challenge: finding where GenAI is running across enterprise environmentsAPI security and gateway protection becoming critical with acceptable latencyTop customer need: translating written AI policies into actionable controlsThreat modeling should focus on impact rather than just vulnerability severityParticipants:Prashant Tyagi - Go-To-Market Identity Security Technology Strategy Lead, CyberArkMike Reed – Field CISO, Cloud Security & AI, FortraZaher Hulays – Vice President Strategic Partnerships, SysdigMatthew Girdharry - WW Leader for Observability & Security Partnerships, Amazon Web ServicesFurther Links:CyberArk: Website – LinkedIn – AWS MarketplaceFortra: Website – LinkedIn – AWS MarketplaceSysdig: Website – LinkedIn – AWS MarketplaceSee how Amazon Web Services gives you the freedom to migrate, innovate, and scale your software company at https://aws.amazon.com/isv/

Israel is often in the headlines for conflict—but there's another story you need to hear.Beyond the headlines, Israel has emerged as a global innovation hub and a rising player in international markets. Today, Brian Mumbert joins us to share why investing in Israel could be a strategic opportunity worth considering.Brian Mumbert is Vice President and Regional Sales Executive at Timothy Plan, an underwriter of Faith & Finance.Why Invest in Israel?At first glance, investing in a nation experiencing conflict may seem counterintuitive. But economies often demonstrate resilience in times of war. Israel is no exception. With robust defense spending, a thriving entrepreneurial spirit, and a deeply ingrained culture of saving and financial discipline, the nation continues to grow.In fact, one of Israel's largest banks gave out piggy banks to families nationwide to encourage saving—a small example of the country's ingrained culture of stewardship and fiscal responsibility.For those wondering about safety, Israel offers a surprisingly secure environment for investment. The Tel Aviv 125 Index, which tracks the nation's 125 largest companies, operates much like the U.S. stock exchanges. Israel has transitioned from an emerging to a developed economy, putting it in the same global category as many European nations. Its GDP is forecasted to grow by 3.3% in 2025 and 4.6% in 2026, with inflation targeted at a steady 2%—numbers comparable to the U.S. outlook.The “Startup Nation” AdvantageIsrael's reputation as a hub of innovation is well-earned. In 2024 alone, U.S. giants invested billions in Israeli startups. Google acquired cloud security firm Wiz for $32 billion, while Palo Alto Networks purchased CyberArk, an identity management leader, for $25 billion. Everyday technologies like Apple's Face ID and SodaStream also trace their roots back to Israel.Large U.S. companies buying small Israeli firms is common since it's part of the fabric of their economy.While technology dominates headlines, Israel's economy is diverse. Financials, industrials, and defense sectors have also posted strong returns. In fact, nearly every sector reported double-digit growth in 2025. The Israeli shekel has also appreciated, further boosting investor confidence.International ties enhance Israel's economic opportunities. The Abraham Accords have opened new trade relationships across the Middle East, while defense partnerships with Europe have surged amid global conflicts. Recent agreements, such as a $35 billion natural gas export deal with Egypt, demonstrate the nation's expanding role in global energy markets.The Timothy Plan Israel Common Values FundFor investors who want exposure to Israel's growth while remaining true to their faith, Timothy Plan offers the Israel Common Values Fund. This actively managed fund holds 58 companies, giving broad diversification within the Israeli market.True to Timothy Plan's mission, the fund excludes companies that profit from abortion, pornography, or other activities inconsistent with biblical values. Even in Israel, they carefully screen companies to ensure they align with Christian principles.Faith-based investors increasingly want their portfolios to reflect their values. Advances in technology have made it easier to screen companies for alignment, though Timothy Plan has been doing it faithfully since 1994. They're not just avoiding harmful investments, they're enabling believers to steward their resources in ways that honor God.”Practical Advice for InvestorsIf you've never seen faith-based options in your portfolio, start by talking to your advisor. Share what you're passionate about—your church involvement, your giving priorities, your desire for biblical stewardship. When advisors know your values, they can help you align your investments with them.The Timothy Plan Israel Common Values Fund provides a practical way to support Israel and benefit from its dynamic economy—all while investing according to biblical principles. To explore this opportunity, visit TimothyPlan.com.On Today's Program, Rob Answers Listener Questions:I'd like some biblical insight on the power of tithing. I've even heard of people practicing ‘reverse tithing,' living on 10% and giving away 90%. What benefits might there be if we increased our giving to 15% or even 20%?My grandfather has invested in a commemorative coin collection for years. He's asked me and my aunt to handle it before he passes—determine the value and then sell it. Where can I turn to find out what it's worth and get the best price for his investment?Resources Mentioned:Faithful Steward: FaithFi's New Quarterly Magazine (Become a FaithFi Partner)Timothy PlanTimothy Plan's Israel Common Values FundWisdom Over Wealth: 12 Lessons from Ecclesiastes on MoneyLook At The Sparrows: A 21-Day Devotional on Financial Fear and AnxietyRich Toward God: A Study on the Parable of the Rich FoolFind a Certified Kingdom Advisor (CKA) or Certified Christian Financial Counselor (CertCFC)FaithFi App Remember, you can call in to ask your questions most days at (800) 525-7000. Faith & Finance is also available on the Moody Radio Network and American Family Radio. Visit our website at FaithFi.com where you can join the FaithFi Community and give as we expand our outreach. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Data and identity security continues to grow in importance as enterprises face more sophisticated cyberattacks from expanding AI agents that are expanding their reach and tools. Bloomberg Intelligence's Global Head of Technology Research Mandeep Singh speaks with Cyera cofounder and CEO Yotam Segev about his company's position in the evolving cybersecurity space, especially with more consolidation on the horizon following Palo Alto Network's announced deal for CyberArk and Google's acquisition of Wiz.

In this episode of Security Matters, host David Puner speaks with Andy Parsons, CyberArk's Director of EMEA Financial Services and Insurance, whose career spans from the British Army to CISO and CTO roles in global financial institutions. Andy shares hard-earned lessons on leadership, risk management, and the evolving cybersecurity landscape in banking—from insider threats to machine identity governance and the rise of agentic AI.Discover why “you can't secure what you can't see,” how manual processes fail at scale, and why treating machine identities as “first-class citizens” is no longer optional. Andy also explores the privileged access paradox, dynamic access management, and how AI is reshaping compliance, trading, and operational resilience.Whether you're a security leader, technologist, or financial executive, this episode offers strategic insights and practical steps to future-proof your organization in an era of accelerating digital risk.

CyberArk's technology leader discusses their strategy for securing against AI threats, protecting agentic AI systems, and their vision for the future in an increasingly AI-driven cybersecurity landscape.Topics Include:CyberArk celebrates recent exciting news while discussing their incredible cybersecurity journeyFounded in 1999, CyberArk pioneered privilege access management and expanded into comprehensive identity securityCompany executed textbook SaaS transformation from perpetual licensing to subscription-based cloud modelLeadership set clear customer expectations, framing SaaS shift as faster innovation deliveryAddressed customer concerns about cost predictability, security compliance, and data residency requirementsTechnical team implemented lift-and-shift architecture with AWS RDS and multi-tenant improvementsCorporate initiative tracked weekly metrics and milestones throughout full development lifecycle processCustomer Success evolved from transactional support to strategic partnership embedded in security journeysAWS partnership fundamental to cloud journey with 25+ integrations and Marketplace collaborationAI strategy focuses on three pillars: using AI, securing against AI threatsFuture 12-24 months: continue securing all identities while expanding AI capabilities and solutionsAWS partnership expanding in 2025 leveraging machine identity leadership and GenAI advancesParticipants:Peretz Regev – Chief Product & Technology Officer, CyberArkBoaz Ziniman – Principal Developer Advocate - EMEA, Amazon Web ServicesFurther Links:· CyberArk: Website – LinkedIn – AWS MarketplaceSee how Amazon Web Services gives you the freedom to migrate, innovate, and scale your software company at https://aws.amazon.com/isv/

In this episode of Security Matters, host David Puner sits down with Matt Barker, CyberArk's VP and Global Head of Workload Identity Architecture, for a deep dive into the exploding world of machine identities and the urgent need to rethink how to secure them. From his journey co-founding Jetstack and creating Cert Manager to leading CyberArk's efforts in workload identity, Matt shares insights on why secrets-based security is no longer sustainable—and how open standards like SPIFFE are reshaping the future of cloud-native and AI-driven environments.Discover how machine identities now outnumber humans 80 to 1, why leaked secrets are a "hacker's buffet," and how workload identity is becoming a cornerstone of Zero Trust architecture. Whether you're a CISO, platform engineer, or just curious about the next frontier in cybersecurity, this episode offers actionable advice and a compelling vision for securing the age of AI agents.

Michelle Connell considers Okta Inc. (OKTA) a "really strong company," though the company's commentary on government-side weakness is something she believes investors should watch moving forward. That said, a bullish outlook on cybersecurity and mergers seen in companies like Palo Alto Networks' (PANW) acquisition of CyberArk add to the case for Okta.======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – / schwabnetwork Follow us on Facebook – / schwabnetwork Follow us on LinkedIn - / schwab-network About Schwab Network - https://schwabnetwork.com/about

Ahead of Okta Inc's (OKTA) earnings on Tuesday, Joseph Bonner gives his big picture perspective on the cybersecurity space. For Palo Alto Networks (PANW), he believes the company's acquisition of CyberArk will be "filling a hole" when it comes to agentic A.I. and promises future growth. Joseph has a buy on Palo Alto and CrowdStrike (CRWD) on expectations that cybersecurity will be greatly needed in the future. Tom White offers example options trades for both cybersecurity stocks.======== Schwab Network ========Empowering every investor and trader, every market day.Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6DSubscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about

Lisa Schreiber called Palo Alto Networks' (PANW) earnings strong, pointing to its CyberArk acquisition as a service giving it more legs for growth. She adds that the cybersecurity industry as a whole serves as a "back door A.I." play for investors. Mitch Ashley notes that Palo Alto thrives on its "platformization" of services and managed to satisfy high customer expectations. He later gives insight into two other similar stocks: Cloudflare (NET) and CrowdStrike (CRWD).======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about

Cybersecurity is "not a nice to have, it's a have to have," says Nathaniel Bradley. Ahead of Palo Alto Networks' (PANW) earnings after the close on Monday, he called the company the "tip of the spear" in the industry. Nathaniel adds that the acquisition of CyberArk gives Palo Alto more "scale" to bolster future operations. Tom White offers a pair of example options trades for Palo Alto.======== Schwab Network ========Empowering every investor and trader, every market day.Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6DSubscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about

Ahmed Khan and Ian Tien discuss the cybersecurity field and preview Palo Alto (PANW) earnings. Ian says investors will be looking at their AI use for efficiency in the business, place in the arms race of AI, and defending the systems themselves. Ahmed thinks PANW has to show it can drive growth in its next-gen security business and effective consolidation. They both think that PANW overpaid for CyberArk and explain how they think the acquisition will impact the company.======== Schwab Network ========Empowering every investor and trader, every market day.Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6DSubscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about

Send us a textCloud security and infrastructure providers are making strategic moves to maintain competitive advantage through acquisitions and service enhancements while combating emerging threats. We explore the latest developments including Palo Alto's massive acquisition, new cloud services, and enhanced security features that are reshaping the industry.• Palo Alto Networks announces $25 billion acquisition of CyberArk to strengthen identity security capabilities, particularly for machine identities and agentic AI• AWS launches Elastic VMware Service, allowing customers to bring their own licenses without application replatforming as organizations seek alternatives amid Broadcom changes• Network World article questions why enterprises aren't fully replacing infrastructure with SD-WAN, highlighting the ongoing gradual adoption approach• Wiz discovers "zombie hosts" on Google Sites pages with SoCo 404 exploit that installs cryptocurrency mining malware• Megaport Cloud Router now supports IPsec tunnels, enabling direct encrypted connections through their fabric without additional hardwareJoin us next month for more cloud and infrastructure news updates.Purchase Chris and Tim's new book on AWS Cloud Networking: https://www.amazon.com/Certified-Advanced-Networking-Certification-certification/dp/1835080839/ Check out the Fortnightly Cloud Networking Newshttps://docs.google.com/document/d/1fkBWCGwXDUX9OfZ9_MvSVup8tJJzJeqrauaE6VPT2b0/Visit our website and subscribe: https://www.cables2clouds.com/Follow us on BlueSky: https://bsky.app/profile/cables2clouds.comFollow us on YouTube: https://www.youtube.com/@cables2clouds/Follow us on TikTok: https://www.tiktok.com/@cables2cloudsMerch Store: https://store.cables2clouds.com/Join the Discord Study group: https://artofneteng.com/iaatj

Packet Protector goes global for today’s security news roundup. Microsoft discontinues a program in which engineers in China supported the US Department of Defense’s cloud infrastructure (with the help of US ‘digital escorts’), Taiwanese chipmaker TSMC fires several employees over allegations of attempted theft of sensitive tech, an Arizona woman gets 8 years in prison... Read more »

Packet Protector goes global for today’s security news roundup. Microsoft discontinues a program in which engineers in China supported the US Department of Defense’s cloud infrastructure (with the help of US ‘digital escorts’), Taiwanese chipmaker TSMC fires several employees over allegations of attempted theft of sensitive tech, an Arizona woman gets 8 years in prison... Read more »

Microsoft warns of a high-severity vulnerability in Exchange Server hybrid deployments. A Dutch airline and a French telecom report data breaches. Researchers reveal new HTTP request smuggling variants. An Israeli spyware maker may have rebranded to evade U.S. sanctions. CyberArk patches critical vulnerabilities in its secrets management platform. The Akira gang use a legit Intel CPU tuning driver to disable Microsoft Defender. ChatGPT Connectors are shown vulnerable to indirect prompt injection. Researchers expose new details about the VexTrio cybercrime network. SonicWall says a recent SSLVPN-related cyber activity is not due to a zero-day. Ryan Whelan from Accenture is our man on the street at Black Hat. Do androids dream of concierge duty? Remember to leave us a 5-star rating and review in your favorite podcast app. Miss an episode? Sign-up for our daily intelligence roundup, Daily Briefing, and you'll never miss a beat. And be sure to follow CyberWire Daily on LinkedIn. CyberWire Guest We continue our coverage from the floor at Black Hat USA 2025 with another edition of Man on the Street. This time, we're catching up with Ryan Whelan, Managing Director and Global Head of Cyber Intelligence at Accenture, to hear what's buzzing at the conference. Selected Reading Microsoft warns of high-severity flaw in hybrid Exchange deployments (Bleeping Computer) KLM suffers cyber breach affecting six million passengers (IO+) Cyberattack hits France's third-largest mobile operator, millions of customers affected (The Record) New HTTP Request Smuggling Attacks Impacted CDNs, Major Orgs, Millions of Websites (SecurityWeek) Candiru Spyware Infrastructure Uncovered (BankInfoSecurity) Enterprise Secrets Exposed by CyberArk Conjur Vulnerabilities (SecurityWeek) Akira ransomware abuses CPU tuning tool to disable Microsoft Defender (Bleeping Computer) A Single Poisoned Document Could Leak ‘Secret' Data Via ChatGPT (WIRED) Researchers Expose Infrastructure Behind Cybercrime Network VexTrio (Infosecurity Magazine) Gen 7 and newer SonicWall Firewalls – SSLVPN Recent Threat Activity (SonicWall) Want a Different Kind of Work Trip? Try a Robot Hotel (WIRED) Audience Survey Complete our annual audience survey before August 31. Want to hear your company in the show? You too can reach the most influential leaders and operators in the industry. Here's our media kit. Contact us at cyberwire@n2k.com to request more info. The CyberWire is a production of N2K Networks, your source for strategic workforce intelligence. © N2K Networks, Inc. Learn more about your ad choices. Visit megaphone.fm/adchoices

SummaryIn this episode of the Blue Security Podcast, hosts Andy and Adam discuss significant developments in the cybersecurity landscape, including Palo Alto's acquisition of CyberArk, the introduction of Microsoft Sentinel's Data Lake feature, and the integration of Defender Threat Intelligence into existing Microsoft security solutions. They emphasize the importance of a platform approach to cybersecurity and the challenges associated with acquisitions in the industry.----------------------------------------------------YouTube Video Link: https://youtu.be/8BRxQUyHNh4----------------------------------------------------Documentation:https://www.paloaltonetworks.com/company/press/2025/palo-alto-networks-announces-agreement-to-acquire-cyberark--the-identity-security-leaderhttps://techcommunity.microsoft.com/blog/microsoft-security-blog/introducing-microsoft-sentinel-data-lake/4434280https://techcommunity.microsoft.com/blog/defenderthreatintelligence/mdti-is-converging-into-microsoft-sentinel-and-defender-xdr/4427991----------------------------------------------------Contact Us:Website: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://bluesecuritypod.comBluesky: https://bsky.app/profile/bluesecuritypod.comLinkedIn: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.linkedin.com/company/bluesecpodYouTube: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/c/BlueSecurityPodcast-----------------------------------------------------------Andy JawBluesky: https://bsky.app/profile/ajawzero.comLinkedIn: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.linkedin.com/in/andyjaw/Email: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠andy@bluesecuritypod.com⁠----------------------------------------------------Adam BrewerTwitter: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://twitter.com/ajbrewerLinkedIn: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.linkedin.com/in/adamjbrewer/Email: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠adam@bluesecuritypod.com

Take a Network Break! Guest opinionator Tom Hollingsworth joins Johna Johnson to opine on the latest tech news. On the vulnerability front, several versions of BentoML are open to a server side request forgery. Looking at tech news, Intel will spin out its networking and edge group as it continues cost-cutting, Palo Alto Networks makes... Read more »

Take a Network Break! Guest opinionator Tom Hollingsworth joins Johna Johnson to opine on the latest tech news. On the vulnerability front, several versions of BentoML are open to a server side request forgery. Looking at tech news, Intel will spin out its networking and edge group as it continues cost-cutting, Palo Alto Networks makes... Read more »

Take a Network Break! Guest opinionator Tom Hollingsworth joins Johna Johnson to opine on the latest tech news. On the vulnerability front, several versions of BentoML are open to a server side request forgery. Looking at tech news, Intel will spin out its networking and edge group as it continues cost-cutting, Palo Alto Networks makes... Read more »

This week, we discuss the AI hype cycle, Astronomer's viral moment, and yet another YAML flavor — KYAML. Plus, private equity is coming for your donuts. Watch the YouTube Live Recording of Episode (https://www.youtube.com/live/Lul4dCCIT24?si=qeBAZXHmFBdRuuAx) 531 (https://www.youtube.com/live/Lul4dCCIT24?si=qeBAZXHmFBdRuuAx) Runner-up Titles Sometimes it's hard to make money I've given into Big Donut Maybe you can fake your way through life At some point you have to have some expertise AI has no taste Can you fix my PowerPoint? There is a chance we're all going to be naked soon Gobbling up the dark fiber WHYAML Waymo for Babies Rundown Beloved Texas doughnut chain sold to California equity firm (https://www.khou.com/article/news/local/shipley-do-nuts-sold-private-equity-houston-texas/285-259116a6-8819-4b32-8ca8-20359bb4f1e1) AI Mid-Year Hype-Cycle Check-in Gartner hype cycle (https://en.wikipedia.org/wiki/Gartner_hype_cycle) Betting on AI: The Delusion Driving Big Tech - Last Week in AWS Podcast (https://www.lastweekinaws.com/podcast/screaming-in-the-cloud/betting-on-ai-the-delusion-driving-big-tech/) Clouded Judgement 7.25.25 - TAMs Lie (https://cloudedjudgement.substack.com/p/clouded-judgement-72525-tams-lie?utm_source=post-email-title&publication_id=56878&post_id=169176822&utm_campaign=email-post-title&isFreemail=true&r=2l9&triedRedirect=true&utm_medium=email) Microsoft's AI CEO thinks Copilot will age and ‘have a room that it lives in' (https://www.theverge.com/news/713715/microsoft-copilot-appearance-feature-age-mustafa-suleyman-interview) Flaw in Gemini CLI coding tool could allow hackers to run nasty commands (https://arstechnica.com/security/2025/07/flaw-in-gemini-cli-coding-tool-allowed-hackers-to-run-nasty-commands-on-user-devices/) Claude Code is a slot machine (https://rgoldfinger.com/blog/2025-07-26-claude-code-is-a-slot-machine/) The Hater's Guide to the AI Bubble (https://www.wheresyoured.at/the-haters-gui/) 2025 Stack Overflow Developer Survey (https://survey.stackoverflow.co/2025/) 2025 Stack Overflow sentiment and usage section (https://survey.stackoverflow.co/2025/ai/#sentiment-and-usage) Astronomer Data Pipelines with Apache Airflow (https://www.thecloudcast.net/2025/07/data-pipelines-with-apache-airflow.html) Astronomer (@astronomerio) on X (https://x.com/astronomerio/status/1948890827566317712?s=46&t=EoCoteGkQEahPpAJ_HYRpg) Ryan Reynolds' ad agency, was behind the Gwyneth Paltrow Astronomer ad (https://www.businessinsider.com/ryan-reynolds-maximum-effort-gwyneth-paltrow-astronomer-ad-2025-7) Introducing KYAML, a safer, less ambiguous YAML subset / encoding (https://github.com/kubernetes/enhancements/blob/master/keps/sig-cli/5295-kyaml/README.md#summary) Palo Alto Networks to acquire CyberArk in $25 billion deal (https://www.cnbc.com/2025/07/30/palo-alto-networks-cyberark-deal.html) Relevant to your Interests Microsoft's Satya Nadella says job cuts have been 'weighing heavily' on him (https://www.cnbc.com/2025/07/24/microsoft-satya-nadella-memo-layoffs.html) IBM shares drop as software revenue misses (https://www.cnbc.com/2025/07/23/ibm-q2-earnings-report-2025.html) MSFT Teams in your car? (https://www.theverge.com/news/708481/microsoft-teams-mercedes-benz-integration-in-car-camera-support) Y2K38 bug? Debian switching to 64-bit time for everything (https://www.theregister.com/2025/07/25/y2k38_bug_debian/) A.I.-Driven Education: Founded in Texas and Coming to a School Near You (https://www.nytimes.com/2025/07/27/us/politics/ai-alpha-school-austin-texas.html) How Anthropic teams use Claude Code (https://www.anthropic.com/news/how-anthropic-teams-use-claude-code?utm_source=changelog-news) Anthropic unveils new rate limits to curb Claude Code power users (https://techcrunch.com/2025/07/28/anthropic-unveils-new-rate-limits-to-curb-claude-code-power-users/) Alphabet's Q2 revenue beats estimates as cloud computing surges (https://www.fastcompany.com/91373657/alphabet-google-earnings-q2-cloud-ai) Listener Feedback Steve recommends Lessons from Production (https://podcast.techwithkunal.com) Podcast (https://podcast.techwithkunal.com) Conferences Sydney Wizdom Meet-Up (https://www.wiz.io/events/sydney-wizdom-meet-up-aug-2025), Sydney, August 7. Matt will be there. SpringOne (https://www.vmware.com/explore/us/springone?utm_source=organic&utm_medium=social&utm_campaign=cote), Las Vegas, August 25th to 28th, 2025. See Coté's pitch (https://www.youtube.com/watch?v=f_xOudsmUmk). Explore 2025 US (https://www.vmware.com/explore/us?utm_source=organic&utm_medium=social&utm_campaign=cote), Las Vegas, August 25th to 28th, 2025. See Coté's pitch (https://www.youtube.com/shorts/-COoeIJcFN4). Wiz Capture the Flag (https://www.wiz.io/events/capture-the-flag-brisbane-august-2025), Brisbane, August 26. Matt will be there. SREDay London (https://sreday.com/2025-london-q3/), Coté speaking, September 18th and 19th. Civo Navigate London (https://www.civo.com/navigate/london/2025), Coté speaking, September 30th. Texas Linux Fest (https://2025.texaslinuxfest.org), Austin, October 3rd to 4th. CFP closes August 3rd (https://www.papercall.io/txlf2025). CF Day EU (https://events.linuxfoundation.org/cloud-foundry-day-europe/), Frankfurt, October 7th, 2025. AI for the Rest of Us (https://aifortherestofus.live/london-2025), Coté speaking, October 15th to 16th, London. SDT News & Community Join our Slack community (https://softwaredefinedtalk.slack.com/join/shared_invite/zt-1hn55iv5d-UTfN7mVX1D9D5ExRt3ZJYQ#/shared-invite/email) Email the show: questions@softwaredefinedtalk.com (mailto:questions@softwaredefinedtalk.com) Free stickers: Email your address to stickers@softwaredefinedtalk.com (mailto:stickers@softwaredefinedtalk.com) Follow us on social media: Twitter (https://twitter.com/softwaredeftalk), Threads (https://www.threads.net/@softwaredefinedtalk), Mastodon (https://hachyderm.io/@softwaredefinedtalk), LinkedIn (https://www.linkedin.com/company/software-defined-talk/), BlueSky (https://bsky.app/profile/softwaredefinedtalk.com) Watch us on: Twitch (https://www.twitch.tv/sdtpodcast), YouTube (https://www.youtube.com/channel/UCi3OJPV6h9tp-hbsGBLGsDQ/featured), Instagram (https://www.instagram.com/softwaredefinedtalk/), TikTok (https://www.tiktok.com/@softwaredefinedtalk) Book offer: Use code SDT for $20 off "Digital WTF" by Coté (https://leanpub.com/digitalwtf/c/sdt) Sponsor the show (https://www.softwaredefinedtalk.com/ads): ads@softwaredefinedtalk.com (mailto:ads@softwaredefinedtalk.com) Recommendations Brandon: Uber Teen (https://www.uber.com/us/en/ride/teens/) Matt: Software Defined Interviews - Chris Dancy (https://www.softwaredefinedinterviews.com/105) Photo Credits Header (https://unsplash.com/photos/white-and-black-floral-round-decor-qZ6uvJHLHFc)

Stocks hovering around record highs ahead of a Fed decision and key report cards out of Big Tech: Sara Eisen and David Faber broke down the latest on the data front (Q2 GDP, new payrolls data, and pending home sales at the top of the hour) along with some new commentary around prices and tariffs from consumer-facing earnings. RBC Tech analyst Brad Erickson broke down his bull case for Meta ahead of results tonight, while former Fed President Esther George discussed her predictions when it comes to Fed Chair Powell and rates.  Plus: the view from the C-Suite… This hour: the CEO of pharmaceutical giant GlaxoSmithKline talked her expectations for tariffs on the industry; hear the CEO of Starbucks' take on competition, as same-store sales there disappoint; the CEO of Hershey joined the team for her last broadcast interview in the role with the her latest on the consumer, M&A expectations, and legacy; and more from the CEO of Palo Alto as the company announces plans to acquire CyberArk for ~$25B. Squawk on the Street Disclaimer

David Faber and Jim Cramer kicked off a big show with Starbucks CEO Brian Niccol in a "First on CNBC" interview on the company's quarterly results and turnaround plan. Palo Alto Networks CEO Nikesh Arora and CyberArk Software Founder and Executive Chairman Udi Mokady appeared on the program to discuss their companies' $25 billion merger deal.National Economic Council Director Kevin Hassett joined the show with White House reaction to stronger-than-expected Q2 GDP, as well as views on tariffs and the Fed on rate decision day for the central bank. Also in focus: Earnings parade winners and losers, more woes for Wegovy maker Novo Nordisk. Squawk on the Street Disclaimer

The Federal Reserve the most divided its been in more than 30 years, with two governors expected to dissent in today's decision amid President Trump's repeated calls for Chair Powell to lower rates. Palo Alto poised to buy Cyberark. Plus, Meta's push to create a new category of AI-powered personal assistants. 

What does "secure by default" really mean—and is it enough? In this episode of CyberArk's Security Matters, host David Puner sits down with Scott Barronton, Chief Information Security Officer (CISO) at Diebold Nixdorf, to explore the often-overlooked risks of cloud default settings and how assumptions can lead to vulnerabilities.Drawing on over 25 years in cybersecurity, Scott shares how he balances product and corporate security, leads a global team, and chairs his company's AI steering committee. He discusses the importance of machine identity management, certificate automation, and building security programs that support both innovation and accountability.Plus, Scott reflects on how his passion for travel—including a group trip to Antarctica—informs his leadership style and security mindset.

What happens when machine identities outnumber human ones by a hundred to one? That's not a future scenario. It's already happening. In this episode, I'm joined by David Higgins, Senior Director at CyberArk, for a deep conversation about identity security in an environment increasingly shaped by AI agents, autonomous systems, and blurred digital boundaries. David brings clarity to the growing risks tied to machine credentials and explains why so many organisations are still struggling with password reuse, unsecured personal devices, and outdated security awareness efforts. We explore the rise of deepfake scams, AI-powered impersonation, and the worrying trend of attackers bypassing savvy users by targeting helpdesks and support channels instead. What stood out is how David reframes the conversation around human behaviour and responsibility. Rather than blaming users as the weakest link, he argues that identity security needs to be rooted in context, culture, and proactive design. From adaptive authentication to just-in-time access models, there are smarter ways forward that balance security and user experience without turning employees into roadblocks. And we go even further. We talk about the next phase of risk, where AI agents aren't just tools but semi-autonomous actors capable of learning and adapting. What happens when one of these agents goes off-script? What safeguards are in place if they begin to behave in ways their developers didn't anticipate? This episode is not about hype. It's a practical look at what identity-first security really means in a machine-dominated environment. So let's hear it: do you think your business is ready for this shift? Or are we still relying too much on assumptions that no longer hold up? Let me know what you think after listening.

This week, we are joined by ⁠Shaked Reiner⁠, Security Principal Security Researcher at ⁠CyberArk⁠, who is discussing their research on"Agents Under Attack: Threat Modeling Agentic AI." Agentic AI empowers LLMs to take autonomous actions, like browsing the web or executing code, making them more useful—but also more dangerous. Threats like prompt injections and stolen API keys can turn agents into attack vectors. Shaked Reiner explains how treating agent outputs like untrusted code and applying traditional security principles can help keep them in check. The research can be found here: ⁠Agents Under Attack: Threat Modeling Agentic AI Learn more about your ad choices. Visit megaphone.fm/adchoices