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NetApp, IncNTAPclocked 9% revenuegrowth in Q1 to $1.59 billion, beating the consensus. Non-GAAP EPS of $1.20 topped the consensus. The Q2 outlook was in-line with the guidance.

Raymond Jamesanalyst Simon Leopoldmaintained an Outperformand $105 price target (up from $94) on NetApp following the Q1 beat and raise report.

Public cloud ARR came in above expectations, with a slightly higher outlook when excluding FX impacts, and this should alleviate investor concerns, Leopold mentioned in his Thursday note.

Further, gross margin should improve in 2H as memory pricing improves and premiums for specific constrained components come down, the analyst added.

Barclaysanalyst Tim Long maintained an Overweight and raised the price target from $88 to $95. The Q1 results showed positive momentum led by better Public Cloud ARR and a more robust operating margin.

Citianalyst Jim Suva reiterated a Buy and price target of $120. The results supported his optimistic view.

Suva continues to see NetApp gaining share and, importantly, as Cloud is 8-10% of the company's sales and growing its mix about 1% each quarter, and this is margin-accretive he sees lasting for several years.

The analyst expects NetApp to continue to benefit from the growth of cloud storage and the multi-cloud optionality that many customers desire.

Wells Fargoreiterated a Hold with a price target of $85. NetApp delivered Q1 results better than his expectations, driven by continued broad-based demand strength, despite ongoing supply challenges and FX headwinds.

The company reiterated FY guidance, reflecting an embedded upward revision offset by more significant than initially expected FX headwinds.

NetApp continues to see healthy customer engagement and demand trends driven by priority investments in digital and Cloud transformation, the analyst wrote.

Given the uncertain macro environment and increasing FX headwinds, he continues to be cautious and is now modeling NetApp's FY revenue growth slightly below the low end of the company's guide.

Price Action:NTAP shares traded higher by 6.62% at $77.64 on the last check Thursday.

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NetApp Earns Price Target Bumps By Analysts Who Are Bullish On Cloud Growth - Benzinga

LOS ANGELES, Aug. 25, 2022 (GLOBE NEWSWIRE) -- Swann, the leader in Do-It-Yourself security products for over three decades, releases the AllSecure600 Series Wireless Security Kits. These security kits blend high-definition 2K wireless cameras with a sleek Tower Hub for local storage. Standout features of these new security systems include an offline option where video can be seen on a TV via HDMI cable and an ability to record without the need for the internet.

The model numbers areSWNVK-600SD2 ($449.99), SWNVK-600SD3 ($499.99), SONVK-600SD4 ($579.99). In Europe, the SWNVK-600SD2-EU kit will be available for 399.99.

In a world where many big security brands are now charging you to store your clips, Swann offers free storage on all its models. The newly launched products come with up to two months of rolling video storage on the included 64GB Micro SD Card plus cloud backup.

The AllSecure600 Series security kits include100% Wire-Free cameras with the flexibility to move where needed most, making installation easy. Each camera comes with a removable, rechargeable battery, so once installed, the cameras do not have to be taken cameras down; just recharge the battery like a phone and put it back in the camera. These cameras are also decked out with some of Swann's signature features, such asTrue Detect Heat & and motion-sensing for more reliable alerts, weatherproofing, andtwo-way audio to greet guests or warn Night2Day Color Night Vision, and controllable spotlights and sirens to help deter intruders. TheTower Hub stitches footage together with quick playback and comes with local and optional cloud storage.

The system has SwannNet to help you connect with the best available Wi-Fi signal for each camera. The wireless cameras in the AllSecure600 can operate in two different modes. The default mode is AP, where each camera connects to the Tower Hub wirelessly. It does this using Wi-Fi Direct (a standard that allows two or more devices to establish a connection without needing a Wi-Fi access point or router). The other mode is Mesh. This allows each camera to connect to your Wi-Fi network independent of the Hub, giving you flexibility on where you can mount cameras without signal degradation. If the house is large, Wi-Fi extenders can provide better coverage over a larger space.

The AllSecure600 kits work onthe Swann Security App on Apple and Android. Currently, the Swann Security App has a 4.6-star rating out of 26,000 (the USA only), 75,000 (Global) reviews in the Apple App Store (https://apple.co/3aPOfut), and a 4.6-star rating out of72.9K reviews Google Play reviews (https://bit.ly/3odyAIr). With Swann's security products, there is no initial subscription fee, but additional features are available withSwann Secure+ plans.

"This solution is for people who want a security system that combines the best wireless and wired in one. It is a good starting point for choosing a system that can be used in conjunction with other Swann products," said Mike Lucas, CEO of Swann.

Find the AllSecure600 Series Kits at Swann.com, Sam's Club, Walmart, and Lowe's.

ABOUT SWANN:Swann has been in the security business for 35 years. As the worldwide leader of wired, DIY security solutions, Swann helps its customers protect their homes, businesses, and garages no matter where life takes them. Founded in Melbourne, Australia, Swann creates innovative DIY security solutions. Swann is the only brand that offers a complete lineup of inter-connectable wired and wireless security solutions via the Swann Security app, wholly integrated with Hey Google and Alexa. Follow Swann across social media for the latest products and news:Facebook, YouTube, Twitter, Instagram, and LinkedIn.

MEDIA CONTACT:Tiffany@presspassla.com

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Swann Releases the AllSecure600 Series Wireless Security Kits With Offline Recording and Free Clip Storage - GlobeNewswire

Data storage methods have advanced to the point where cloud technology is rapidly turning into the global standard, but in spite of the fact that this is the case it appears that many businesses are struggling with the expenses that cloud migration can incur. Rising volatility in the economy is making things worse because of the fact that this is the sort of thing that could potentially end up making cloud data storage requirements hard to predict with any degree of certainty.

According to this report that was just put out by Anodot, just under half of businesses, or 49% to be precise, are having a hard time managing their cloud spending. With all of that having been said and now out of the way, it is important to note that cloud waste is cited as a major factor in excessive spending by 54% of businesses that participated in this survey. Additionally, 44% of top level executives opined that their companies waste about a third of their cloud budgets for the year.

Cloud architecture that uses a multitude of tools to manage the environment are also causing wastage according to 59% of respondents. Furthermore, 73% stated that their organizations are increasing cloud capacity which can make decisions harder in the long run.

Cloud computing can be revolutionary, but low levels of clarity are impeding this techs ability to improve data storage for organizations. Ad hoc implementation is a huge source of concern, and more work needs to be done to streamline the industry and create a consensus regarding the best practices.

Read next:Enforcing Data Privacy Can Increase Revenues According to This Survey

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Excessive Cloud Spending is Proving to be a Problem for Half of Businesses - Digital Information World

To many, VPNs seem unremarkable and havent changed much in the past decade. A VPN is a VPN is a VPN. Some even think that VPNs are hardly necessary with the rise of building encryption directly into email, browsers, applications and cloud storage. The reality is thatespecially for small and medium businesses (SMBs)VPNs are still vital; they can and should take on additional responsibilities to meet the challenges of a largely remote workforce and the increasing amount of IT resources and infrastructure residing in the public cloud.

In todays challenging and ever-changing environment, modern VPNs are less about point-to-point encrypted tunnels and more about enabling a new kind of networking to secure employees and other users, regardless of where they are located, and protecting cloud-hosted resources, ranging from SaaS applications and services to storage. In essence, this represents a shift to a cloud VPN that ensures secure access and provides necessary controls while also enabling agility and scalability. The internet is the network, but a cloud VPN is a secure, virtual, private network within it.

For many companies, the idea of a traditional corporate network is long gone. Even enterprises with sizable physical offices may no longer offer anything resembling a local area or wide area network. Most simply have internet access points. Even peripherals, such as printers, may be connected directly to the internet. Some companies have most or all of their employees working remotely and, for them, the network is comprised of each individuals internet connection. Some companies no longer have physical office locations at all and, instead, rely on shared workspace locations as needed. Again, the network is wherever these might be. At the same time, for a growing list of companies, all systems, applications and storage are in the public cloud.

The new cloud reality calls for a rethinking of VPNs that shifts from connections from discrete pointsoffices, private data centers and remote access VPNsto new cloud networks tailored to each organization that encompass all access points and all resources. Such cloud VPNs also leave hardware behind, including expensive and complex MPLS, and are fully cloud-delivered. Similarly, they are not an add-on to endpoint computer security suites or corporate firewalls. They can be fully automated and far easier to set up and maintain.

Despite providing scale and flexibility, these new cloud VPNs can improve the level of security much more than in past generations. One way is through the use of static IP addresses. IP addresses should mainly be static to provide deterministic knowledge of who is going where, enabling necessary access controls and logging or audit trails. Previously, fixed IP addresses were considered to limit flexibility and cause expense, but now, as cloud-delivered capabilities, fixed IP addresses can be implemented quickly, affordably and at scale.

Having fixed IP addresses is also important for providing identity-based access controls and creating zero-trust type environments. Zero-trust has been difficult for most SMBs to achieve due to its complexity and the time and cost required to create and maintain it. Through a cloud VPN, zero-trust network access can be implemented at the application and network layers rather than having to depend on gateway-based architectures or microsegmentation. Conditional access and rules can be implemented and high levels of authentication and authorization maintained. Proper logging enables compliance with stringent regulations, such as GDPR or U.S. state-specific laws and to achieve necessary certifications, such as SOC 2. A cloud VPN could provide the means for verification, concealment, monitoring and containmentall four aspects of zero-trust network access.

Another important element to consider is the use of a cloud VPN as the means to implement a software-defined perimeter that can hide and protect all traffic within it. Rather than just simple point-to-point tunneling, the cloud VPN provides a virtualized, encrypted network to connect all users to systems, data and resources with new levels of determinism, trust and control. In some cases, some specific cloud resources or systems may be whitelisted to enable additional security or access controls with rules or policies. IP whitelisting can significantly reduce the attack surface and risk associated with unauthorized access, particularly when users have static IP addresses. In this case, a cloud VPN can take on the centralized role for IP whitelisting, removing it from specific hardwaresuch as firewalls, edge routers or serversor from each application. IP whitelisting can also provide better security and control of IoT devices.

The notion of a VPN being outdated, table stakes or no longer needed is based on an outdated view of what VPNs were in the past. New cloud VPNs are built on legacy technology to help organizations embrace new challenges while providing the economics, agility and scale of the cloud. Cloud VPNs are not at all your fathers VPN but the means for manyespecially SMBsto advance their security, compliance and infrastructure agility.

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This is Not Your Fathers VPN - Security Boulevard

Many marketing campaigns focus on ways to engage customers and make them stick around. But theres a thing lurking behind cyber criminals.

With the rise of eCommerce, crypto wallets, and the time people have to spend on the internet, its more important than ever for businesses to focus on security. One way to do this is by implementing foolproof authentication methods for online customers.

Providing alternative authentication methods will not only make your site more secure but will also give your customers peace of mind knowing that their information is well-protected.

This blog will break down popular authentication methods to consider.

Before we get into the nitty-gritty details, its crucial to understand why you should start offering alternative authentication methods in the first place. Here are some reasons why you should consider implementing them:

Passwords are indeed the most common means of user authentication. But, now the technology has progressed to a point where passwords are no longer considered the safest option.

They have become quite easy to crack and are often the weak link in an otherwise strong security system.

A recent study by Juniper Research found that cybercriminals will steal 33 billion records in 2023 alone. Clearly, data breaches are becoming more and more common, and theyre also becoming more expensive.

Fraudsters could reach as high as $68 billion globally in 2022. This is a huge problem that businesses need to be aware of so that they can earn digital trust.

Alternative authentication methods can help prevent fraud by deterring malicious actors and making it more difficult for them to access sensitive information.

If youre in a regulated industry, then you likely already know that you need to comply with certain security standards. For example, the Payment Card Industry Data Security Standard (PCI DSS) is a set of requirements for businesses that process, store, or transmit credit card information.

Similarly, the Health Insurance Portability and Accountability Act (HIPAA) is a set of regulations for businesses that handle protected health information (PHI). If youre in the healthcare industry, then you need to take steps to ensure that your systems are HIPAA-compliant.

While alternative authentication methods may not be required by these regulations, they can certainly help you comply with them.

Now that weve established the importance of offering alternative authentication methods, lets take a look at some of the most popular options.

One of the most common and effective authentication methods is multi-factor authentication (MFA).

MFA essentially adds an extra layer of security by requiring users to provide more than one piece of evidence, or factor, to verify their identity.

This could include a password, as well as a code thats sent to the users mobile phone or email address.

Another popular authentication method is SMS-based authentication, which uses text messages to verify a users identity. This type of authentication is often used in conjunction with other methods, such as MFA.

Biometric authentication is another great option for businesses looking to add an extra layer of security.

This type of authentication uses physical or behavioral characteristics, such as a fingerprint, face, or iris scan, to verify a users identity.

Mobile tokens are another effective authentication method that uses a physical device, such as a phone, to generate a one-time code thats used for logging in to an account.

This type of authentication is often used by businesses that require a high level of security, such as banks, eCommerce sites, and cloud storage providers.

Social authentication is a relatively new method of authentication that uses social media platforms, such as Facebook and Twitter to verify a users identity.

So, when you see the option to log in with Facebook on a website, thats social authentication in action. Just like SMS-based authentication, social authentication is also often used in conjunction with other methods, such as MFA.

Compared to other authentication methods, FIDO authentication is a bit more technical. It uses public-key cryptography to verify a users identity and doesnt require the use of passwords. Instead, users authenticate themselves using a physical device, such as a USB key or security token.

What the user needs to do is simply plug the device into their computer and enter their PIN. This type of authentication is more secure than traditional passwords and is quickly becoming the new standard in user authentication.

Now that youre familiar with some of the most popular alternative authentication methods, its time to decide which one is right for your business.

The best way to do this is to consider your businesss needs and objectives. For example, if youre looking for a more secure authentication method, you might want to consider MFA, biometric authentication, or FIDO authentication.

On the other hand, if youre looking for a simpler and more user-friendly authentication method, SMS-based authentication or social authentication might be a better fit.

Ultimately, the decision comes down to what you feel is best for your business. Whichever authentication method you choose, just make sure its one that will give your customers the peace of mind and security they deserve.

Its also important to keep in mind that no single authentication method is perfect. The best way to keep your site secure is to use a combination of methods. This will make it more difficult for hackers to gain access to your site and ensure that your customers data is safe.

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6 Alternative Authentication Methods For Your Online Customers - Security Boulevard