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Cisco Security Cloud Vision Comes to Life, Transforming Enterprise Defenses

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With unified solutions across its security portfolio, Cisco brings enhanced security posture to customers fueled by AI and industry partnerships

News Summary

Industry-first Cisco Hypershield bolsters hardware acceleration to analyze and respond to anomalies in application and network behavior, now supporting AMD Pensando Data Processing Units (DPUs) to be available from Cisco’s Unified Computing System (UCS) servers and other leading vendors, and in future service-accelerated switching platforms.Best-in-class Cisco Secure Firewall introduces the new Firewall 1200 Series, delivering up to three times the performance of comparable firewalls and eliminating the need to have multiple appliances for switches, routers and firewalls at enterprise branch locations.New, AI-native management architecture, Security Cloud Control, will configure, manage and monitor the entire Cisco Security Cloud, beginning now with Cisco’s network security solutions.New sources of Cisco telemetry through technical add-ons for Splunk will deliver unparalleled visibility to power the SOC of the Future.

LAS VEGAS, June 4, 2024 /PRNewswire/ — CISCO LIVE US 2024 — Cisco (NASDAQ: CSCO), the leader in enterprise networking and security, today announced new capabilities across the Cisco Security Cloud that extend its security architecture in the age of AI. With Cisco’s unified, AI-driven, cross-domain security platform, customers will experience the balance of power tipping in favor of the defenders.

“Cisco Security has delivered more innovation in the past year than in the previous decade combined, and this year will be multiples of what we delivered last year,” said Jeetu Patel, Executive Vice President and General Manager for Security and Collaboration at Cisco.  Our announcements today are helping us realize the vision of Cisco Security Cloud, bringing our customers a true security platform for an increasingly complex and hyper distributed world. Bolstered by our partnerships with other titans in the industry, strategic acquisitions and a commitment to an open ecosystem, we are reimagining security for our customers.”  

Cisco Delivers on Its Vision to Melt Security into the Network
In April 2024, Cisco announced Cisco Hypershield, a brand new security architecture designed to defend modern, AI-scale data centers. Architected to seamlessly incorporate new enforcement points into its fabric, Hypershield embeds security enforcement in virtual machines or Kubernetes clusters in public clouds using an open-source technology called eBPF. It is also architected to insert security enforcement into advanced silicon in servers and networking devices such as switches. Today, Cisco is taking a big step forward towards realizing its vision by announcing Cisco Hypershield support for AMD Pensando DPUs, with targeted availability in Cisco Unified Computing System (UCS) servers and from other leading server vendors by the end of 2024. 

“We are thrilled to collaborate with Cisco to integrate AMD Pensando DPUs with Cisco Hypershield. This partnership brings together AMD’s cutting-edge hardware acceleration technology and Cisco’s advanced security solutions, enabling enterprises to achieve unparalleled network security performance and flexibility,” said Soni Jiandani, General Manager, Networking Technology and Solutions Group, AMD. “By leveraging our DPUs in customer servers or in future Cisco networking platforms, Hypershield users can enjoy high-capacity throughput and intelligent policy enforcement without compromising on workload performance. This collaboration represents a significant step forward in delivering robust, scalable, and efficient security solutions for private cloud environments.”

Building on this momentum, Cisco is also announcing support for Intel infrastructure processing units (IPUs) with availability to be announced in the future.

“We are pleased with the advancement of our collaboration with Cisco that combines the cutting-edge infrastructure acceleration of Intel IPUs with the breakthrough Cisco Hypershield architecture,” said Pere Monclus, Chief Technology Officer, Network and Edge Group at Intel. “This powerful combination marks a significant leap forward, helping to enable enterprises to realize an AI-driven, distributed security architecture that seamlessly goes from the cloud, to datacenters, to the edge with high performance and energy efficiency.”

The Best Next Generation Firewall is Now Even Better
For the second year running, SE Labs named the Cisco Secure Firewall the best next generation firewall. Today, Cisco is advancing its market leadership with the introduction of the Cisco Firewall 1200 Series, delivering up to three times the performance of comparable competitive firewalls. The 1200 Series is a new family of SD-WAN enabled, high-performing, compact firewall security appliances that eliminate the need to have multiple appliances for switches, routers and firewalls at enterprise branch locations. The first models in the series are targeted for availability in October 2024.

Cisco is also announcing the new software 7.6 version of Firewall Threat Defense (FTD), available for all of Cisco’s physical and virtual firewalls. FTD 7.6 not only enhances security by using AI to prevent zero-day threats and extends application control to over 70 generative AI apps to secure sensitive information but also streamlines branch network rollouts with pre-built SD-WAN and firewall templates and supports zero-touch provisioning.

Taking another giant leap, Cisco is introducing Cisco Security Cloud Control to unify management for the Cisco Security Cloud, beginning with its network security fabric including Cisco Secure Firewall. Going beyond AI assistants, Security Cloud Control delivers an AI-native approach to proactively surface actionable insights and automate resolution across hybrid environments. Customers benefit from simpler, more streamlined policies while getting the most out of their Cisco Security investment with optimal configuration. Unified management with Security Cloud Control is targeted for initial availability in September 2024 with support for Secure Firewall Threat Defense, Secure Firewall ASA, Multicloud Defense, and Hypershield.  

“We are very excited about the platform level innovation Cisco is bringing to market with the Security Cloud. Where security meets the network is a massive opportunity for our customers,” said Chris Konrad, Vice President, Global Cyber, World Wide Technology. “The promise of what Cisco Hypershield will deliver is a game-changer for how our customers will be able to close the exploit gap and achieve segmentation that adapts and learns. Along with new AI-powered management through Security Cloud Control and the quality innovation we continue to see in Cisco’s firewall portfolio, we are able to deliver an unparalleled customer outcome coupled with our services capabilities and expertise.”

Better Telemetry Means a Better Security Operations Center (SOC) of the Future 
Security companies today also need to be AI companies, and that requires data. As the creator of the network, Cisco has unmatched visibility across its customer’s IT environments. Embracing that notion and building on the recently announced integration of Cisco Extended Detection and Response (XDR) and Splunk Enterprise Security, Cisco continues to unify its portfolio of solutions to deliver the promise of the SOC of the Future, powered by Cisco’s unparalleled telemetry to better detect lateral movement. 

Splunk + Cisco Security Cloud: Security Operations teams can fully leverage the telemetry and alerts from the Cisco Security Cloud as part of a unified threat detection, investigation, and response workflow in Splunk. The new Cisco Security Cloud Technology Add-on (TA) for Splunk is a simple, reliable way to get a broad range of Cisco Security Cloud telemetry and analytics outcomes into Splunk. Cisco Duo and Secure Malware Analytics are available now, with additional sources to be added in the coming months. Cisco XDR + Cisco Meraki MX: Customers will be able to quickly and easily see and stop network-based attacks with a new, native integration coming soon to deliver network telemetry from Meraki MX appliances directly to Cisco XDR. With just a few clicks, Cisco XDR can begin analyzing network telemetry across even highly distributed organizations and correlating it with other telemetry to prioritize active threats.

“Organizations of all sizes continue to be challenged on the security front. Generative AI is enabling bad actors with new capabilities to launch widescale automated attacks, compose grammatically correct and realistic phishing emails and orchestrate deep fakes that challenge identity access management platforms. The combined power of Splunk and Cisco Security Cloud could serve as a transformative leap for defenders in mitigating collateral damage,” said Will Townsend, Vice President and Principal Analyst, Moor Insights & Strategy. “Cisco is already demonstrating early integrations of Splunk that weave advanced analytics and AI into a cloud-delivered security architecture that has the potential to level the cybersecurity playing field.”

“Network telemetry is consistently ranked in the top three most valuable security signals,” said Dave Gruber, Principal Analyst, Enterprise Strategy Group. “Native integration between Cisco XDR and Meraki MX strengthens detection and investigation capabilities, while simplifying deployment and management. This will be especially helpful for lean IT and distributed organizations. The convergence of network and security operations sets the stage for the SNOC of the Future.”

Integrated and Open Security Ecosystem
In today’s world where the threat landscape is rapidly evolving, the call from organizations for an integrated and open security ecosystem is louder than ever. Cisco Security Cloud was built to deliver better security outcomes for customers by avoiding dependence on a single vendor, optimizing instead to partner with other industry titans against a common adversary: the malicious actor.

Furthering this mission and differentiation with a robust technology ecosystem, today Cisco announced its latest collaboration with Google. Cisco is working with Google to bring browser-based threat and data protection from Chrome Enterprise to web apps secured by Cisco Secure Access. As more modern work happens on the web, a secure enterprise browser strengthens and simplifies endpoint security as part of broader zero trust initiatives.

“Cisco shares our vision for a more holistic zero trust architecture that is better for users and easier for the IT team to deploy and manage,” said Sunil Potti, General Manager and Vice President of Cloud Security at Google Cloud. “We are excited to work together to deliver a combination of browser-based and cloud-based protection that results in a secure and frictionless user experience.”

This work builds on the successful integration between Chrome Enterprise and Cisco Duo to enable end-to-end zero trust access, including device trust, strong authorization, and secure access for applications on both managed and unmanaged devices. Together, the companies are committed to delivering innovative security solutions that address today’s evolving landscape.

Cisco protects 100% percent of the Fortune 100. To learn more, visit cisco.com/go/security

Additional Resources 

Blog: Cisco Security at Cisco Live 2024: Innovating at Scale

 

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SOURCE Cisco Systems, Inc.

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Cboe Completes Sale of Cboe Australia to TMX Group

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CHICAGO, Aug. 2, 2026 /PRNewswire/ — Cboe Global Markets, Inc. (Cboe: CBOE), a leading global markets operator and pioneer in equity and index derivatives, today announced it has completed the sale of Cboe Australia (now TMX Australia Exchange) to TMX Group Limited (TMX Group).

“Over the past year, Cboe has taken decisive steps to refocus our business, concentrate resources on our core strengths and invest in our most compelling growth opportunities. The sale of Cboe Australia is a part of that strategy, allowing us to further align our organization and capital with our long-term priorities,” said Prashant Bhatia, EVP, Head of Enterprise Strategy & Corporate Development at Cboe. “Looking ahead, Cboe remains committed to maintaining a strong presence in Asia Pacific – a strategically important region where demand for Cboe’s U.S. equities, derivatives, market data and educational offerings continues to accelerate.”

Cboe’s planned sale of Cboe Canada to TMX Group, announced in April alongside its planned sale of Cboe Australia, is expected to close at a later date, subject to local regulatory approvals and customary closing conditions.

About Cboe Global Markets

Cboe Global Markets (Cboe: CBOE) is a leading global markets operator with a long history of innovation in equity and index derivatives. Since launching the world’s first listed options exchange in 1973, Cboe has pioneered landmark products, including the introduction of S&P 500® index options and the creation of the VIX® Index, the world’s leading gauge of market volatility, reshaping how investors manage risk and access opportunity. Today, Cboe operates derivatives, equities, and FX markets, providing trading, clearing, and investment solutions for customers worldwide. To learn more, visit www.cboe.com.

Cboe Media Contacts

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Kenneth Hill, CFA

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Cboe®, Cboe Global Markets®, and VIX ® are registered trademarks or service marks of Cboe Exchange, Inc and S&P 500® is a registered trademark of Standard & Poor’s Financial Services LLC. All other trademarks and service marks are the property of their respective owners. 

Cautionary Statements Regarding Forward-Looking Information

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. You can identify these statements by forward-looking words such as “may,” “might,” “should,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential” or “continue,” and the negative of these terms and other comparable terminology. All statements that reflect our expectations, assumptions or projections about the future other than statements of historical fact are forward-looking statements. These forward-looking statements, which are subject to known and unknown risks, uncertainties and assumptions about us, may include projections of our future financial performance based on our growth strategies and anticipated trends in our business. These statements are only predictions based on our current expectations and projections about future events. There are important factors that could cause our actual results, level of activity, performance or achievements to differ materially from those expressed or implied by the forward-looking statements.

We operate in a very competitive and rapidly changing environment. New risks and uncertainties emerge from time to time, and it is not possible to predict all risks and uncertainties, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements.

Some factors that could cause actual results to differ include: the loss of our right to exclusively list and trade certain index options and futures products; economic, political and market conditions; compliance with legal and regulatory obligations; price and new products and services competition and consolidation in our industry; decreases in trading or clearing volumes, market data fees or a shift in the mix of products traded on our exchanges; legislative or regulatory changes or changes in tax regimes; our ability to protect our systems and communication networks from security vulnerabilities and breaches; our ability to attract and retain skilled management and other personnel; increasing competition by foreign and domestic entities; our business and operational dependence on and exposure to risk from third parties; factors that impact the quality and integrity of our and other applicable indices; our ability to manage our global operations, growth, and strategic acquisitions, wind downs, divestitures, or alliances effectively; increases in the cost of the products and services we use; our ability to operate our business without violating the intellectual property rights of others and the costs associated with protecting our intellectual property rights; our ability to minimize the risks, including our credit, liquidity, market, investment, counterparty, and default risks, associated with operating our  clearinghouses; our ability to accommodate trading and clearing volume and transaction traffic, including significant increases, without failure or degradation of performance of our systems; misconduct by those who use our markets or our products or for whom we clear transactions; challenges to our use of open source software code; our ability to meet our compliance obligations, including managing our business interests and our regulatory responsibilities; the loss of key customers or a significant reduction in trading or clearing volumes by key customers; damage to our reputation; the ability of our compliance and risk management methods to effectively monitor and manage our risks; restrictions imposed by our debt obligations and our ability to make payments on or refinance our debt obligations; our ability to maintain an investment grade credit rating; impairment of our goodwill, long-lived assets, investments or intangible assets; the accuracy of our estimates and expectations; and litigation risks and other liabilities. More detailed information about factors that may affect our actual results to differ may be found in our filings with the SEC, including in our Annual Report on Form 10-K for the year ended December 31, 2025 and other filings made from time to time with the SEC.

We do not undertake, and we expressly disclaim, any duty to update any forward-looking statement whether as a result of new information, future events or otherwise, except as required by law. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof.

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SOURCE Cboe Global Markets, Inc.

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AI Can Write Research Papers. But Can Researchers Trust the Citations? Wispaper Says That’s the Next Challenge for Academic AI

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SINGAPORE, Aug. 2, 2026 /PRNewswire/ — Artificial intelligence has transformed academic writing. Today, researchers can summarize hundreds of papers, generate literature reviews, and even draft complete manuscripts in minutes. But as AI becomes an indispensable research tool, a new challenge is emerging: many AI-generated citations cannot be trusted.

Fabricated references, incorrect author names, invalid DOIs, and nonexistent journal articles have become one of the most widely recognized limitations of large language models. While AI dramatically improves writing efficiency, unreliable citations threaten the credibility of research itself.

Wispaper, an AI-powered academic research platform, believes the next generation of academic AI must solve this trust problem—not simply produce more text.

Today, the company announced its next-generation AI Research Agent, together with True Cite, a citation verification system designed to help researchers build papers on authentic, verifiable academic sources instead of AI-generated references.

Unlike conventional AI writing assistants that focus on content generation, Wispaper is built around the complete research process. The platform helps researchers discover research gaps, explore hypotheses, organize literature, and develop stronger scientific arguments before writing begins. Throughout this workflow, True Cite enables users to verify references against real academic publications, helping reduce the risk of citation hallucinations while improving research reliability.

“Everyone is talking about how fast AI can write,” said a Wispaper spokesperson. “We believe the more important question is whether researchers can trust what AI produces. Scientific progress depends on evidence, and evidence begins with trustworthy sources.”

As AI adoption accelerates across universities and research institutions, expectations for academic AI are evolving. Researchers are no longer looking only for writing assistants—they need AI systems that support scientific reasoning while maintaining academic integrity.

By combining reasoning-first research workflows with citation verification, Wispaper aims to redefine the role of AI in academia—from a text generator to a trusted research partner.

About WisPaper

WisPaper is an AI-powered academic research agent designed as a full-stack research accelerator. It supports literature retrieval, analysis, experiment design, execution, and paper writing within a unified workflow, helping researchers manage complex scientific tasks more efficiently across disciplines. For more information, visit https://wispaper.ai/?utm_source=news.

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SOURCE Wispaper.ai

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Persistent Achieves $452.4M Revenue in Q1 FY27 with 16.1% YoY Growth

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Reports EBIT growth of 32.7% YoY and the highest-ever quarterly TCV of $1.15B

SAN JOSE, Calif. and PUNE, India, Aug. 2, 2026 /PRNewswire/ —

News Summary

Persistent Systems (BSE: 533179) (NSE: PERSISTENT) today announced the Company’s audited financial results for the quarter and year ended June 30, 2026, as approved by the Board of Directors.

Consolidated Financial Highlights for the Quarter ended June 30, 2026:

  Q1FY27   

   Margin %   

   QoQ Growth   

   YoY Growth    

Revenue (USD Million)

452.4

3.8 %

16.1 %

Constant currency growth

4.1 %

16.5 %

Revenue (INR Million)                 

43,032.3

6.1 %

29.1 %

EBIT (INR Million)

6,868.8

16.0 %

4.2 %

32.7 %

PBT (INR Million)

6,231.0

14.5 %

-7.5%*

12.2 %

PAT (INR Million)

4,830.4

11.2 %

-8.7%*

13.7 %

*QoQ decline on account of forex losses

Sandeep Kalra, Chief Executive Officer and Executive Director, Persistent
“We marked our 25th sequential quarter of revenue growth to begin FY27, delivering 3.8% quarter-over-quarter and 16.1% year-over-year revenue growth, along with an EBIT margin of 16.0%.

This performance was underpinned by a record quarterly Total Contract Value (TCV) of $1.15 billion, reflecting continued momentum in larger client engagements, including a 6.5-year strategic services agreement with a leading global technology company with a TCV of more than $650 million.

We signed a Business Combination Agreement with Nagarro, a leading European digital engineering company listed on the Frankfurt Stock Exchange. This transaction is in line with the M&A strategy we have consistently outlined to strengthen our capabilities and expand our geographic footprint and industry coverage.

As enterprises increasingly look to scale AI across their businesses, we believe the differentiator will not be the model itself, but the ability to create a unified Enterprise Context from business logic, data and enterprise experience embedded across the organization. We continue to invest in this capability through our 3C framework, AI-driven platforms, helping clients build more Intelligent Enterprises, reshape their operating models and realize greater value from AI.

We thank our clients, partners, employees and shareholders for their continued trust and support as we continue to strengthen Persistent for the opportunities ahead.”

First Quarter FY27 Client Wins and Outcomes

The order booking for the quarter ended on June 30, 2026, was $1,146.2 million in Total Contract Value (TCV) and $536.8 million in Annual Contract Value (ACV).

Some of the key wins for the quarter include:

Software, Hi-Tech & Emerging Industries

Driving product development, support and cloud operations across multiple SaaS products using our AI-led platforms to enhance resilience and operational excellence for one of the world’s largest IT companies  

Advancing a global transport technology ecosystem through engineering transformation and scaled global delivery capabilities, strengthening security governance and supporting long-term product innovation for a leading global urban mobility platform provider

Accelerating enterprise transformation across Engineering, Support, IT, Data and Customer functions through global delivery modernization and AI adoption for a leading cloud security company

Banking, Financial Services & Insurance

Modernizing enterprise application landscape of 250+ applications, accelerating AI adoption and data modernization for a leading global insurance claims management and outsourcing services provider

Gen-AI-led reengineering of the trade ledger platform through legacy modernization and transition of platform ownership to client’s environment, strengthening operational control for one of the world’s leading multinational banks

Propelling cloud security transformation through AI-led security implementation and data platform modernization, improving security visibility, risk management and cloud resilience for one of the largest U.S. banks

Healthcare and Life Sciences

Transforming an enterprise ecosystem by consolidating 3,000 bots across 350 business-critical processes onto Microsoft Power Automate, enhancing operational resilience for one of the largest U.S.-based healthcare organizations

Unifying Salesforce, SAP and commercial operations into a standardized customer engagement ecosystem following a strategic acquisition, accelerating governance and business integration for a leading U.S.-based genomics and life sciences company

Building a modern enterprise data platform on Snowflake, integrating clinical, claims and operational systems to enable AI-driven decision-making for a leading U.S.-based provider-led healthcare technology company

Other News in the Quarter

Persistent and Nagarro sign Business Combination Agreement to form the Persistent – Nagarro Group, a global leader in AI-led digital engineering

Persistent entered into a long-term strategic services agreement with a global technology leader, with $650M+ TCV

Persistent achieves Databricks specializations across multiple industry verticals and service lines

Persistent and Kong announce strategic partnership to help enterprises securely move AI into production

Persistent named a Leader in ISG Provider Lens® Digital Engineering Services Midsize Providers Report 2026: U.S. and Europe

Persistent earns top honors for the third consecutive year in Extel’s 2026 Asia Executive Team Survey

About Persistent

Persistent Systems (BSE: 533179) (NSE: PERSISTENT) is a global services and solutions company delivering AI-led, platform-driven Digital Engineering and Enterprise Modernization to businesses across industries. With over 28,500 employees located in 21 countries, the Company is committed to innovation and client success. Persistent offers a comprehensive suite of services, including software engineering, product development, data and analytics, CX transformation, cloud computing, and agentic business automation. The Company is part of the MSCI India Index and is included in key indices of the National Stock Exchange of India, including the Nifty Midcap 50, Nifty IT, and Nifty MidCap Liquid 15, as well as several on the BSE such as the S&P BSE 100 and S&P BSE SENSEX Next 50. Persistent is also a constituent of the Dow Jones Best-in-Class World Index. The Company has achieved carbon neutrality, reinforcing its commitment to sustainability and responsible business practices. Persistent has also been named one of America’s Greatest Workplaces for Inclusion & Diversity 2025 by Newsweek and Plant A Insights Group. As a participant of the United Nations Global Compact, the Company is committed to aligning strategies and operations with universal principles on human rights, labor, environment, and anti-corruption, as well as take actions that advance societal goals. With a 22% YoY growth in brand value, Persistent has been recognized as the Fastest Growing IT Services brand globally in the 2026 Brand Finance IT Services 25 report, among the world’s Top 25 IT Services brands and ranks as the 12th strongest brand.

www.persistent.com

Forward-looking and Cautionary Statements

For risks and uncertainties relating to forward-looking statements, please visit persistent.com/FLCS

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