Palo Alto's $198b valuation is a sign of how big the cyber threat is – John Key

John Key says organisations face large scale cyber threats. (Image: BusinessDesk)

Wed, 30 Oct 2024

Former Prime Minister John Key says if you want to know how concerned businesses are about cybersecurity, look at Palo Alto Network’s share price. “I joined Palo Alto Network (PAN) six years ago, and we had a market cap of US$18 billion [NZ$30b], and today we're US$118 billion," Key said at the Park Hyatt in Auckland on Tuesday during the New Zealand leg of a series of Palo Alto Network-hosted (PAN) conferences on artificial intelligence (AI) and cybersecurity. "So I always tell the CEO and chairman Nike...

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