Sumit Dhawan’s Post

Q2 FY24 results.. Our 2nd quarter was another testimony of our strength in innovation with leadership recognitions in 21 product categories and a strong increase in cross-platform adoption. We are in a financially strong and unique position to accelerate investments in our cybersecurity #platfomisation and #consolidation strategy, and our #AI leadership strategy, to deliver better security outcomes for our customers. - Fiscal second-quarter revenue grew 19% y/y to $2.0 billion - Remaining performance obligation grew 22% y/y to $10.8 billion - Operating margin (Non-GAAP) grew 580 bps y/y to 29% Go Palo Alto Networks

Today, our Palo Alto Networks Chairman & CEO Nikesh Arora and CFO Dipak Golechha presented our Q2 FY24 results.  Our 2nd quarter was another testimony of our strength in innovation with leadership recognitions in 21 product categories and a strong increase in cross-platform adoption. We are in a financially strong and unique position to accelerate investments in our cybersecurity #platfomisation and #consolidation strategy, and our #AI leadership strategy, to deliver better security outcomes for our customers.  - Fiscal second-quarter revenue grew 19% y/y to $2.0 billion - Remaining performance obligation grew 22% y/y to $10.8 billion - Operating margin (Non-GAAP) grew 580 bps y/y to 29% Thank you to our customers and partners across EMEA and LATAM for their trust in Palo Alto Networks. I'd also like to thank our outstanding Palo Alto Networks EMEA LATAM team for their hard work and dedication to making each day safer than the one before. We protect for a better tomorrow! Let's go Palo Alto Networks! Nikesh Arora Dipak Golechha BJ Jenkins Lee Klarich Unnikrishnan KP Liane Hornsey Aimee Hoyt Bruce Byrd Klaus Bürg Jordi Botifoll Etienne Bonhomme Gavin Mee Patricia Murphy Madeleine Bourgoin Liz Cane Amy MacBeath Claire-Louise Green Olly Maskell Ian Roberts Nicolas Warnier Thierry Karsenti Eric Stein Ercan Aydin

'These dual-title roles also recognize how CISOs are increasingly operating as technology leaders and operators of the organization ... 'He believes these dual-title roles can provide a more direct reporting line to the CEO or board, which is important for risk reporting ... the CISO is looking across all the different parts of the organization. 'CISOs commonly report being already stretched and the risk is that this just makes things that much harder. 'It can also be tricky to integrate other teams such as engineering or product into the security group when they don’t typically see themselves as part of the security remit'. Are CFOs the SVPs of product development too? https://lnkd.in/gpXsTggF

We are excited to introduce Eric Vanek, a distinguished Information Technology and Security executive with over 25 years of experience, as the host for our upcoming HFTC Live event: "Navigating Unthinkable Risks: How to Prepare for Black Swan Events in Technology Leadership." This event will take place June 20th from 2:00-3:00 PM ET on Zoom. With a remarkable track record in improving corporate security postures, executing state and federal contracts, and leveraging emerging technologies, Eric has consistently delivered significant impacts in the government and client services sectors. His expertise includes saving over $1M by reducing licensing costs by 30% during company acquisitions, lowering annual AWS costs from $1.2M to $360,000 through system and disk usage optimizations, and improving IT infrastructure uptime to 99.999% with proactive monitoring and redundancy measures. Eric has also spearheaded IT build-outs for multiple post-acquisition sites, ensuring seamless integration and operational efficiency. Join us for a powerful roundtable discussion titled "Navigating Unthinkable Risks: Preparing for Black Swan Events in Tech Leadership." In this virtual event, we'll explore extreme risk management and its impact on technology teams. From rare, unforeseen challenges to potential game-changers, we're delving into the strategies for preparing your team for the unexpected. Eric Vanek's extensive experience and deep insights will add tremendous value to this discussion, providing actionable strategies and real-world examples. Don't miss out on this candid conversation about readiness and resilience in leadership! This event is exclusively for HFTC Members, who can register here: https://lnkd.in/epeHQp2i If you’d like to become a HFTC Member, we welcome your application: https://lnkd.in/drgKpqwA #HFTC #HFTCLive #TechnologyLeadership #BlackSwanEvents #ITSecurity #CorporateSecurity #EricVanek #ConnectWithUs

I recently came across an intriguing article that discusses the potential benefits of merging the roles of CISO and CIO into a single position. The article argues that this integration could enhance organizational efficiency, improve communication, and strengthen overall security posture. However, such a merger could also create a clear conflict of interest between the responsibilities of these roles, potentially posing a challenge for the organization. As professionals in the IT and cybersecurity fields, I believe this topic raises many important questions and perspectives. I'm curious to hear your thoughts on this matter. Do you think combining these roles would be a strategic move for organizations, or do you foresee significant challenges and conflicts of interest?

What impact has zero trust had on your routine?  Register now: https://lnkd.in/e39VJY2d  Implementing zero trust successfully requires more than investing in technology, it's a cultural shift from compliance to proactivity. Agency leaders must be able to explain the changes and their necessity, so users understand why their identities and access are central to zero trust and accept the changes it will bring to their routines.   Join FedInsider.com 9/19 as thought leaders from government and industry discuss their experiences, and challenges, in pursuing culture changes to support the zero trust journey, and the work they still have to do.    Peg Hosky TD SYNNEX IBM John Hosky Claudia Hosky Kristie Clement Jennifer Bloch   

Dive deep into the world of tech leadership with our new blog post, "5 Minutes with Doug Martin. Doug's wisdom holds excellent value for those seeking success in technology. Gain exclusive insights into his professional journey and valuable lessons learned. https://bit.ly/46sjcMm

Time well spent this Thursday morning/afternoon attending SANS Institute’s Building Red Team Capability Solutions Forum 2023—where seasoned security industry leaders presented in-depth overviews on a range of topics from knowing what compromise looks like and breaking down attacker's intrinsic motivators to strategies enterprises can employ to stay one-step ahead of their adversary - My takeaway: In an everchanging industry, building institutional resilience and using emerging innovations to close the time gap, is key. Doing the work to strengthen your defense BEFORE a compromise occurs is a major first step! Christopher Steffen said it best “You do not want your organization to be a part of the 9 o’clock news cycle” 📈 #SANSInstitute #Randori #capabilitydevelopment #securityposture #constructiveoutcomes #prioritizingresults #predictingvalue #capabilitydevelopment #offensivesecurity #defendingassets #mitigatingcontrols #operationalizingdata #assimilatingadversaries #passivereconnaissance #networking #collaboration

𝗪𝗵𝗮𝘁 𝗶𝗳 𝘆𝗼𝘂 𝗱𝗶𝗱𝗻'𝘁 𝗻𝗲𝗲𝗱 𝘁𝗼 𝗳𝗲𝗲𝗹 𝗹𝗼𝗻𝗲𝗹𝘆 𝗮𝘀 𝗖𝗜𝗦𝗢 🙄? 𝗘𝗻𝘁𝗲𝗿 𝘁𝗵𝗲 𝗕𝗜𝗦𝗢! 🙌 𝘞𝘩𝘰? I'd like to see BISOs as security champions on steriods with mandate! In my latest LinkedIn article I reflected on how I found being a CISO. One of my observations was the role can be lonely. 📞 You make the tough calls and decisions. 🔥 You deal with escalations from the business. 😴 You get called at night when things go south. 🤝 But what if you can find more allies? 🏢 And they understand and support the business? 🦸 I am talking about the rise of the BISO! 𝗟𝗲𝘁'𝘀 𝗳𝗮𝗰𝗲 𝗶𝘁: Providing business with the security support they need is > a fulltime job. Leaving that with a single CISO is just going to see them neglected. And your CISO overburdened. 😵 ISF's latest leadership insight paper by Paul W. addresses: • Why and how the BISO role emerged; • What value the BISO role can add to the organisation; • How to test whether the organisation is ready for BISOs; • Effective BISO deployment models; • How to make BISOs successful in their role; • How to work towards a BISO role in your career;   • And making BISOs-CISO collaboration work. ISF Members can access the full paper on ISF Live: https://bit.ly/46OmHxl #ISFResearch #Leadership #Strategy #BISO 👋🏻 Hi there! I'm Esther, ISF Principal and former Deloitte CISO. 🔒 Become Information Security Forum Member: https://bit.ly/45JasBD 🔔 Hit the bell on my profile to be notified when I post. 🙌🏻 Share this post with anyone you believe may benefit from it.

The security industry is in the midst of a major transformation—and is emerging as a dynamic source of technology innovation and business resilience. For leaders, there's much to glean from the industry's evolution. https://buff.ly/4daknEB #DigitalTransformation