BlackBerry Unveils AI-Powered CylanceMDR Pro to Enhance Cybersecurity for Businesses

BlackBerry (BB) Unveils CylanceMDR Pro to Boost Cybersecurity

BlackBerry Limited BB recently introduced a managed detection and response (MDR) service called CylanceMDR built on an Open XDR platform powered by AI. It is an expansive platform ecosystem supported by CylanceAI, which is renowned for being one of the longest-running and continuously enhancing predictive AI in the market. CylanceMDR Pro, a comprehensive solution for organizations, is designed to boost cybersecurity defenses. Blackberry noted that this single-platform solution is easily implemented and consolidates threat detection data across endpoints, networks, cloud environments and more. CylanceMDR Pro's XDR architecture can be easily integrated with existing security tools. This makes it a cost-effective option for businesses looking to enhance their cybersecurity without extensive infrastructure changes or the need to hire additional security staff. CylanceMDR Pro collects data from all potential points of attack, such as endpoint, network, cloud, SaaS, identity and email, to effectively detect real attack signals amid extensive noise. With more than 300 integrations, this solution turns business data and applications into powerful security sensors, enabling the detection and prevention of threats that other solutions might overlook. Amid increasing cybersecurity threats, it is imperative for businesses to constantly upgrade their network defenses. CylanceMDR Pro simplifies the integration of multiple cybersecurity offerings, thereby making it an effective tool in thwarting cyber-attacks. The solution will be available from Jul 31, 2024. Established in 1984 as Research In Motion, BlackBerry has evolved into a leading name in cybersecurity. It is headquartered in Waterloo, Ontario. The firm harnesses the power of AI and machine learning to provide cutting-edge solutions in cybersecurity, safety and data privacy. BlackBerry is a frontrunner in endpoint management, endpoint security, encryption and embedded systems. BB currently carries a Zacks Rank #3 (Hold). Shares of the company have lost 48.4% in the past year against the sub-industry's growth of 20.9%. NVIDIA Corporation NVDA, sporting a Zacks Rank #1(Strong Buy) at present, delivered a trailing four-quarter earnings surprise of 18.43%, on average. You can see the complete list of today's Zacks #1 Rank stocks here. In the last reported quarter, it delivered an earnings surprise of 11.48%. NVDA has a long-term growth rate of 37.6%. NVIDIA is the worldwide leader in visual computing technologies and the inventor of the graphic processing unit. Over the years, the company's focus evolved from PC graphics to AI-based solutions that support high-performance computing, gaming and virtual reality platforms. Arista Networks, Inc. ANET, sporting a Zacks Rank #1 at present, has a long-term earnings growth expectation of 16.1% and delivered an earnings surprise of 15.39%, on average, in the trailing four quarters. The company has a software-driven, data-centric approach to help customers build their cloud architecture and enhance their cloud experience. Arista holds a leadership position in 100-gigabit Ethernet switching share in port for the high-speed data centre segment. It is increasingly gaining market traction in 200 and 400-gig high-performance switching products and remains well-positioned for healthy growth in data-driven cloud networking business with proactive platforms and predictive operations. Onto Innovation Inc. ONTO, carrying a Zacks Rank #2 (Buy) at present, delivered an earnings surprise of 2.64%, on average, in the trailing four quarters. In the last reported quarter, it delivered an earnings surprise of 7.27%. Headquartered in Wilmington, MA, Onto Innovation specializes in the design, development, manufacture and support of metrology and inspection tools primarily for semiconductor device fabricators, silicon wafer manufacturers and advanced packaging manufacturers in the semiconductor space. Buy 5 Stocks BEFORE Election Day Biden or Trump? Zacks is releasing a FREE Special Report, Profit from the 2024 Presidential Election (no matter who wins). Since 1950, presidential election years have been strong for the market. This report names 5 timely stocks to ride the wave of electoral excitement. They include a medical manufacturer that gained +11,000% in the last 15 years... a rental company absolutely crushing its sector... an energy powerhouse planning to grow its already large dividend by 25%... an aerospace and defense standout that just landed a potentially $80 billion contract... and a giant chipmaker building huge plants in the U.S. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report BlackBerry Limited (BB) : Free Stock Analysis Report Onto Innovation Inc. (ONTO) : Free Stock Analysis Report The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

BlackBerry Unveils CylanceMDR Pro Powered By AI

(RTTNews) - BlackBerry Limited (BB, BB.TO) Wednesday announced the launch of CylanceMDR Pro, a cutting-edge managed detection and response or MDR service built on an Open XDR platform powered by AI. CylanceMDR Pro will be available July 31. It is designed to tackle the growing challenges of modern cybersecurity, the company noted. It overcomes the operational burden facing security teams that must defend against increasingly sophisticated adversaries across expanding attack surfaces. CylanceMDR Pro is compatible with all the security tooling a company already has, so they can easily use existing investments. This reduces the total cost of ownership by maximizing their current investments and budget, the firm noted. CylanceMDR Pro is powered by Cylance AI, the longest-running and continuously improving predictive AI in the market. Nathan Jenniges, Senior Vice President and General Manager, BlackBerry Cybersecurity, said, "Despite organizations making significant investments in personnel and technology, many haven't seen a commensurate improvement in their risk envelope. CylanceMDR Pro is a game-changer for organizations seeking confidence in their cybersecurity posture. It is a single platform solution, that is easy to deploy, ensuring that threat detection data is unified across endpoints, networks, cloud environments and beyond." The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

BlackBerry Launches AI-Powered CylanceMDR Pro Cybersecurity For Businesses: Details - BlackBerry (NYSE:BB)

BlackBerry anticipates fiscal revenue and earnings within specified ranges for the second quarter and full year. BlackBerry Limited BB shares are trading marginally lower in the premarket session on Wednesday. Benzinga Pro says BB stock has slumped over 47% in the past year. Today, the company announced the launch of CylanceMDR Pro, a cutting-edge managed detection and response (MDR) service built on an Open XDR platform. CylanceMDR Pro is built to help security teams deal with modern cybersecurity challenges. "CylanceMDR Pro is a game-changer for organizations seeking confidence in their cybersecurity posture," said Nathan Jenniges, Senior Vice President and General Manager of BlackBerry Cybersecurity. Also Read: FuboTV To Bear The Brunt Of Higher Legal Costs Against ESPN - Analyst's View BlackBerry said in a press release that it eases the burden of defending against advanced threats with limited resources and talent shortages. CylanceMDR Pro is for growing businesses aiming to boost cybersecurity quickly without changing current security setup or hiring large teams. Its advanced XDR system works smoothly with existing tools, giving thorough visibility across IT systems. With 300+ integrations, it turns business data into strong security sensors, catching threats that other tools might overlook. "Across the industry, BlackBerry has observed close to a 250% increase in unique attacks per minute in the last year alone, with a continued trend in our latest Global Threat Intelligence Report," said Jenniges. Related: BlackBerry Stock Jumps On Q1 Earnings Beat: The Details BB Stock Prediction 2024 Equity research can be a valuable source of information for learning about a company's fundamentals. Analysts create financial models based on the fundamentals and expected future earnings of a company to arrive at a price target and recommendation for the stock. Shares of BlackBerry BB have an average 1-year price target of $3.36, representing an expected upside of 31.25%. Because of differences in assumptions, analysts can arrive at very different price targets and recommendations. No analysts have bearish recommendations on BlackBerry, while No analysts have bullish ratings. The street high price target from Raymond James is $4.75, while the street low from Canaccord Genuity is $2.7. Price Action: BB shares are trading lower by 0.77% to $2.550 premarket at last check Wednesday. Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Image: Courtesy of BlackBerry Read Next: Elon Musk Reacts With 'Fake Gnus' Post To Report Of $45M Monthly Funding For Pro-Trump PAC Market News and Data brought to you by Benzinga APIs

BlackBerry Introduces CylanceMDR Pro: Expansive Platform Ecosystem Powered by AI

Unified approach to predictive cyber-defense with simple pricing, increases visibility and boosts security posture, without changing existing software stack WATERLOO, ON, July 17, 2024 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) today announced the launch of CylanceMDR™ Pro, a cutting-edge managed detection and response (MDR) service built on an Open XDR platform powered by AI. Designed to tackle the growing challenges of modern cybersecurity, CylanceMDR Pro overcomes the operational burden facing security teams that must defend against increasingly sophisticated adversaries across expanding attack surfaces with limited resources and talent shortage constraints. CylanceMDR Pro is the ideal solution for growing businesses looking to quickly advance their cybersecurity capabilities without overhauling their existing security infrastructure or hiring teams of analysts and threat hunters. CylanceMDR Pro's comprehensive XDR architecture integrates seamlessly with existing security tools, providing deep visibility across the entire IT infrastructure without the need to rip and replace any existing tooling. With over 300 platform integrations, the solution transforms business data and applications into powerful security sensors, enabling the detection and prevention of threats that other solutions might miss. "Despite organizations making significant investments in personnel and technology, many haven't seen a commensurate improvement in their risk envelope. CylanceMDR Pro is a game-changer for organizations seeking confidence in their cybersecurity posture," said Nathan Jenniges, Senior Vice President and General Manager, BlackBerry Cybersecurity. "It is a single platform solution, that is easy to deploy, ensuring that threat detection data is unified across endpoints, networks, cloud environments and beyond." "Across the industry, BlackBerry has observed close to a 250% increase in unique attacks per minute in the last year alone, with a continued trend in our latest Global Threat Intelligence Report," said Jenniges. "The effectiveness of any MDR depends heavily on its underlying platform, its experts, and the full breadth of services delivered. "Our AI-driven approach, combined with our expert security team, delivers unmatched protection and peace of mind, allowing businesses to focus on what they do best." Expansive ecosystem with AI at its core CylanceMDR Pro is compatible with all the security tooling a company already has, so they can easily use existing investments. This reduces the total cost of ownership by maximizing their current investments and budget. CylanceMDR Pro pulls telemetry across all attack surfaces, including endpoint, network, cloud, SaaS, identity, and email, to more accurately discern attack signals from noise with higher fidelity detections and rapid response to threats. CylanceMDR Pro is powered by Cylance® AI, the longest-running and continuously improving predictive AI in the market. It has consistently outperformed other leading AIs in 3rd party testing. Cylance AI is informed with proprietary intelligence and used pervasively to analyze telemetry for attack signals, prioritize and present structured cases for faster human-led investigation and response, and proactively stop attacks before damage can occur. "The cybersecurity landscape is complicated. Being able to quickly onboard and use what is already in place is a huge boon for any organization - SMB to Enterprise -- that needs to solve Its security problems fast. It's hard to incorporate multiple offerings, but BlackBerry can make it simple with CylanceMDR Pro," said Craig Robinson, Research Vice President of Security Services, IDC. BlackBerry (NYSE: BB; TSX: BB) provides intelligent security software and services to enterprises and governments worldwide. The company's software powers over 235M vehicles on the road today. Based in Waterloo, Ontario, the company leverages AI and machine learning to deliver innovative solutions in the areas of cybersecurity, safety, and data privacy solutions and is a leader in the areas of endpoint management, endpoint security, encryption, and embedded systems. BlackBerry's vision is clear - to secure a connected future you can trust. For more information, visit BlackBerry.com and follow @BlackBerry. Trademarks, including but not limited to BLACKBERRY and EMBLEM Design, are the trademarks or registered trademarks of BlackBerry Limited, and the exclusive rights to such trademarks are expressly reserved. All other trademarks are the property of their respective owners. BlackBerry is not responsible for any third-party products or services. Media Contacts: BlackBerry Media Relations +1 (519) 597-7273 [email protected] View original content to download multimedia:https://www.prnewswire.com/news-releases/blackberry-introduces-cylancemdr-pro-expansive-platform-ecosystem-powered-by-ai-302198220.html

Blackberry unveils CylanceMDR Pro to boost AI-powered cybersecurity for busineses - SiliconANGLE

Blackberry unveils CylanceMDR Pro to boost AI-powered cybersecurity for busineses BlackBerry Ltd. today announced the launch of CylanceMDR Pro, a new managed detection and response service built on its artificial intelligence-powered Open XDR platform. The new service is designed to tackle the challenges of modern cybersecurity by overcoming the operational burden facing security teams that must defend against increasingly sophisticated adversaries across expanding attack surfaces. CylanceMDR Pro is being pitched as an ideal solution for growing businesses looking to advance their cybersecurity capabilities quickly without having to overhaul their existing security infrastructure or, alternatively, having to hire additional analysts and threat hunters. The service's extended detection and response architecture integrates with existing security tools to provide deep visibility across an existing IT setup without the need to replace existing tools. The new MDR service includes over 300 platform integrations, allowing users to transform their existing data and applications into powerful security sensors that detect threats that other solutions might miss. CylanceMDR Pro pulls telemetry from all potential attack surfaces, including endpoint, network, cloud, software-as-a-service, identity and email to accurately detect attack signals, delivering higher fidelity detections and a rapid response to threats. CylanceMDR Pro is powered by Cylance AI, BlackBerry's existing predictive AI that it claims has consistently outperformed other leading AIs in third-party testing. Cylance AI uses its intelligence to analyze telemetry for attack signals, prioritize and present structured cases for faster human-led investigation and response and to stop attacks before damage can occur. "The effectiveness of any MDR depends heavily on its underlying platform, its experts and the full breadth of services delivered," Nathan Jenniges, senior vice president and general manager of BlackBerry Cybersecurity, said in a statement. "Our AI-driven approach, combined with our expert security team, delivers unmatched protection and peace of mind, allowing businesses to focus on what they do best." CylanceMDR Pro will be available to existing and new BlackBerry customers starting July 31.

Blackberry Boosts Software Portfolio With QNX Containers - BlackBerry (NYSE:BB)

BlackBerry Limited BB division, QNX, recently strengthened its software portfolio by unveiling cutting-edge QNX Containers. The move represents a significant advancement in container technology for QNX-based devices. QNX Containers facilitate the functioning and management of container technology on QNX-based devices. They offer a standards-based environment that harnesses the power of containerization while upholding the safety, security and reliability of the QNX microkernel model. The state-of-the-art containers restrict features, including networking, filesystems, device access, memory access, communications and CPU, prioritizing secure and isolated embedded containers without compromising the top-notch performance and hard real-time capabilities of the QNX OS 8. A notable aspect of QNX Containers is their ability to synchronize with the QNX Hypervisor environment. This allows the simultaneous use of both virtual machines and containers, empowering developers with flexibility in their choice of real-time operating systems and containerization strategies, per QNX. QNX further highlighted its collaboration with multiple customers who have standardized its Hypervisor and OS, and these customers are eager to leverage QNX Containers. Apart from adhering to the Open Container, QNX Containers support Kubernetes toolchains and Docker repositories. Also, the design of the container aligns with ISO 21434 security processes, impacting customer programs with functional safety certification. QNX Containers are expected to be available in fourth-quarter 2024. Waterloo, Canada-based BlackBerry is a global provider of intelligent security software and services to enterprises and governments. The company uses machine learning and artificial intelligence to provide cutting-edge solutions for cybersecurity, safety and data privacy. BlackBerry has aligned its software and services business around two key market opportunities -- Cybersecurity and the Internet of Things (IoT). In the last reported quarter, BlackBerry's revenues plunged 61.4% year over year to $144 million due to a slowdown in the Cybersecurity business, offset by healthy performance in the IoT business. Revenues from the Cybersecurity business totaled $85 million, which was down 8.6% year over year. However, it exceeded the company's revenue guidance of $78-$82 million. Revenues from the IoT business totaled $53 million, which was up 18% year over year and surpassed the company's guidance of $48-$52 million. BB expects fiscal second-quarter revenues to be in the band of $136-$144 million. For the Cybersecurity business, revenues are estimated to be in the range of $82-$86 million. For the IoT business, revenues are estimated to be between $50 million and $54 million for the current quarter. The stock has lost 48.4% in the past year against the sub-industry's growth of 20.9%. Image Source: Zacks Investment Research Zacks Rank BB currently has a Zacks Rank #3 (Hold). Stocks to Consider NVIDIA Corporation, sporting a Zacks Rank #1 (Strong Buy) at present, delivered a trailing four-quarter earnings surprise of 18.43%, on average. In the last reported quarter, it delivered an earnings surprise of 11.48%. NVIDIA is the worldwide leader in visual computing technologies and the inventor of the graphic processing unit. Over the years, the company's focus evolved from PC graphics to AI-based solutions that support high-performance computing, gaming and virtual reality platforms. Motorola Solutions Inc. provides services and solutions to government segments and public safety programs, along with large enterprises and wireless infrastructure services. Motorola carries a Zacks Rank #2 (Buy) at present. It delivered a trailing four-quarter average earnings surprise of 7.54% and has a long-term growth expectation of 9.47%. In the last reported quarter, Motorola delivered an earnings surprise of 11.51%. Silicon Motion Technology Corporation, carrying a Zacks Rank #2 at present, delivered a trailing four-quarter average earnings surprise of 4.72%. SIMO is a leading developer of microcontroller ICs for NAND flash storage devices. The semiconductor company also designs, develops and markets high-performance, low-power semiconductor solutions for original equipment manufacturers and other customers. To read this article on Zacks.com click here. Market News and Data brought to you by Benzinga APIs