FireEye fourth-quarter revenue forecast beats estimates

Cyber attacks have been in focus after a virus spread from Ukraine wreak havoc around the globe in 2017, crippling thousands of computers and disrupting ports from Mumbai to Los Angeles. Global insurers that cover cyberattacks are also facing more claims, specially related to ransom-demanding hackers who cripple businesses’ technology systems, and only stop after receiving substantial payments. FireEye has been pivoting to a subscription-based model from selling hardware boxes used to detect malicious software to boost its revenue and profit margins. …read more

Source:: Yahoo Finance

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