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Press Release


THE FUTURE OF SECURITY RISK MANAGEMENT AND OPERATIONS IS DATA AND AI




What’s New: Innovations

 1. Overview
 2. About Zscaler
 3. Media Contacts

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Zscaler acquires Avalor to unleash the power of enterprise security data with
Avalor’s Data Fabric for Security™ to bring real-time AI-driven security
insights and threat prevention

San Jose, California, March, 14, 2024

Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, announced another
major leap forward in artificial intelligence (AI) innovations that extends the
Zscaler Zero Trust Exchange™ data, from more than 400 billion daily Zscaler
transactions with Avalor’s Data Fabric for Security with over 150 pre-built
integrations enabling customers to proactively identify and predict critical
vulnerabilities as well as improve operational efficiencies. By leveraging its
massive data foundation, Zscaler is poised to transform the AI capabilities for
the cybersecurity industry to not only enable organizations to mitigate risks
and optimize performance but also pave the way for zero-touch operations.

The rapid advancement of AI will have pivotal impacts to the cybersecurity
industry and to effectively combat AI-led threats, organizations must fully
harness their currently isolated security data at massive scale. Zscaler's 16
years of leadership operating the world's largest cloud security platform has
allowed it to leverage a massive data set to develop its pioneering AI-driven
solutions, including Zscaler Risk360 and Zscaler Business Insights, which set a
new benchmark for proactive cybersecurity and business intelligence.

“AI is only as good as the underlying data, and many solutions lack the
additional context and knowledge from data sources across the enterprise to
truly leverage security specific AI models,” said Jay Chaudhry, CEO, Chairman,
and Founder of Zscaler. “Zscaler operates the world’s largest security cloud
with the most relevant data to train security specific large language models
(LLMs) and with the Avalor acquisition, we can more effectively identify
vulnerabilities, while predicting and preventing breaches.”

Avalor’s Data Fabric for Security ingests, normalizes, and unifies data across
enterprise security and business systems to deliver actionable insights,
analytics, and operational efficiencies. By expanding Zscaler’s Zero Trust
Exchange platform with a security-centric data fabric, Zscaler enables
enterprises to significantly enhance and fully automate AI-driven analytics and
decision-making in real-time without the complexity of data aggregation and
collection. Customers now have dynamic and customizable prioritization,
streamlined reporting, zero-copy analytics, and real-time incident mitigation,
as well as advanced threat detection, auto data discovery, classification, and
policy generation, all within the Zscaler cloud security platform.

“We have long understood that being able to make sense of all the disparate
security data sources in an organization is essential to understanding and
improving risk posture, that’s why we delivered the industry's first Data Fabric
for Security to provide that aggregated platform,” said Raanan Raz, co-founder
and CEO, Avalor. “The first application running on our Data Fabric is our
Unified Vulnerability Management (UVM) module.  By combining the Zscaler
proprietary data sets with the 150 third-party sources Avalor supports, we will
be in a prime position to enhance our UVM capabilities and create new
applications with additional cyber protection insights.”

To learn more about Zscaler’s AI capabilities, please visit
https://www.zscaler.com/capabilities/machine-learning.

 

Transaction Details

The purchase price was paid predominantly in cash, with a portion delivered in
the form of equity subject to vesting conditions. The acquisition closed on
March 13, 2024.  

 

Forward-Looking Statements

This press release contains forward-looking statements that are based on our
management's beliefs and assumptions and on information currently available to
our management. These forward-looking statements include the expected benefits
of the acquisition to Zscaler’s product offerings and to our customers. These
forward-looking statements are subject to the safe harbor provisions created by
the Private Securities Litigation Reform Act of 1995. A significant number of
factors could cause actual results to differ materially from statements made in
this press release, including those factors related to our ability to
successfully integrate Avalor’s technology and operations, and our ability to
retain key employees of Avalor after the acquisition. Additional risks and
uncertainties are set forth in our most recent Quarterly Report on Form 10-Q
filed with the Securities and Exchange Commission (“SEC”) on March 6, 2024,
which is available on our website at ir.zscaler.com and on the SEC's website at
www.sec.gov. Any forward-looking statements in this release are based on the
limited information currently available to Zscaler as of the date hereof, which
is subject to change, and Zscaler will not necessarily update the information,
even if new information becomes available in the future.










ABOUT ZSCALER

Zscaler (NASDAQ: ZS) accelerates digital transformation so customers can be more
agile, efficient, resilient, and secure. The Zscaler Zero Trust Exchange™
platform protects thousands of customers from cyberattacks and data loss by
securely connecting users, devices, and applications in any location.
Distributed across more than 150 data centers globally, the SSE-based Zero Trust
Exchange™ is the world’s largest in-line cloud security platform.






MEDIA CONTACTS

Natalia Wodecki, Sr. Director, Global Integrated Communications &
PR, press@zscaler.com




Read more News and Announcements






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