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Health revenue growth for Check Point in 2017

Published on: 5 Feb 2018

Check Point Software Technologies enjoyed a healthy growth in revenue during 2017.

According to the cyber security software developer’s full year financial results, the company turned over $1.855 billion last year, a seven per cent increase on 2016’s performance.

This came after a decent fourth quarter which saw Check Point attract $506 million - a four per cent rise on Q4 2016.

In a statement that accompanied the figures, company founder and chief executive Gil Shwed said fourth quarter revenues were in line with its projections.

“As we move into 2018, the cyber attacks that organisations are experiencing today are now Gen V (5th Generation) while most enterprise security protections deployed are still below Gen III (3rd Generation),” he commented.

Mr Shwed added that the company had launched Infinity Total Protection - a new security consumption model designed to enable organisations of all sizes to close the gap and prevent Gen V cyber attacks.

Subscription-based Infinity Total Protection lets enterprises to utilise Gen V security across their entire network. It includes fully integrated endpoint, zero-day threat prevention, cloud and mobile protections, combined with unified management and around-the-clock premium support.