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Check Point collaborates with NVIDIA for AI cloud security

EditorIsmeta Mujdragic
Published 03/19/2024, 11:23 AM
Updated 03/19/2024, 11:23 AM
© Reuters.

REDWOOD CITY, Calif. - Check Point Software Technologies Ltd. (NASDAQ: NASDAQ:CHKP), a cybersecurity platform provider, has announced a partnership with NVIDIA Corporation (NASDAQ:NVDA) to bolster the security of artificial intelligence (AI) cloud infrastructures. The new Check Point AI Cloud Protect solution, integrating NVIDIA's BlueField Data Processing Units (DPUs), aims to defend against threats at both network and host levels, addressing the growing concerns over AI-targeted cyber attacks.

The collaboration responds to the increasing sophistication of cyber threats, particularly those aimed at disrupting AI operations in cloud environments. These threats include backdooring AI models, data exfiltration, and denial of service attacks, which can compromise AI system integrity and business outcomes.

Gera Dorfman, Vice President of Network Security at Check Point, emphasized the importance of securing sensitive and private AI workloads, stating that the partnership with NVIDIA will deliver a secure AI cloud solution to guard against cyber threats.

Yael Shenhav, Vice President of Networking Products at NVIDIA, also highlighted the significance of securing AI clouds as AI becomes more pervasive. The NVIDIA BlueField 3 DPU, along with the NVIDIA DOCA software framework, is engineered to facilitate robust cyber defense measures for AI cloud data centers without compromising AI performance.

Check Point's AI Cloud Protect is designed for easy deployment and adaptability, providing out-of-the-box security that does not impact AI performance. The solution offers a comprehensive defense against AI-specific threats, scalable integration, and optimized performance with zero compromise.

The integration with NVIDIA's technology aims to provide a seamless addition to NVIDIA's AI ecosystems, promising a robust defense against sophisticated cyber threats while ensuring security measures can scale with organizational growth.

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This initiative by Check Point and NVIDIA represents a strategic move to address the dynamic security requirements of the AI era, ensuring the protection and integrity of AI cloud data centers.

The information for this article is based on a press release statement from Check Point Software Technologies Ltd.

InvestingPro Insights

In light of Check Point Software Technologies Ltd.'s (NASDAQ: CHKP) recent announcement to enhance AI cloud security, investors may find the company's financial health and market performance to be of particular interest. Check Point boasts impressive financial metrics, with a gross profit margin over the last twelve months as of Q4 2023 standing at a remarkable 88.88%. This indicates a strong ability to retain earnings after the cost of goods sold and underscores the company's efficiency in its operations.

Moreover, Check Point's strategic initiatives are supported by its solid balance sheet, which is reflected in InvestingPro Tips highlighting that the company holds more cash than debt. This financial stability is a cornerstone for investing in research and development, particularly crucial in the fast-evolving cybersecurity industry. Additionally, Check Point has been profitable over the last twelve months, a reassuring sign for investors looking for companies with consistent performance.

As for the market outlook, Check Point's stock is currently trading near its 52-week high, with a price that is 98.61% of this peak, suggesting a strong market confidence in the company's prospects. The stock's low price volatility also points to a potentially lower risk profile for investors seeking steady returns.

Investors interested in a deeper dive into Check Point's financials and market performance can discover more InvestingPro Tips by visiting https://www.investing.com/pro/CHKP. There are a total of 10 additional tips available, which can provide further insights into the company's valuation and stock behavior. To access these insights, use coupon code PRONEWS24 for an additional 10% off a yearly or biyearly Pro and Pro+ subscription, unlocking a wealth of investment information.

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This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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