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Barchart
Aanchal Sugandh

Should You Snap Up ‘Strong Buy’ Zscaler Stock on Red Canary Deal?

Zscaler Red Canary ZS Andrew Nowinski

For over 15 years, Zscaler (ZS) has stood tall as a pillar in cloud security, shielding close to 45% of the Fortune 500. The company runs the world’s largest cloud security platform, which processes an astounding 500 billion transactions each day. 

In its latest stride, Zscaler has inked a definitive agreement to acquire Red Canary, a trusted name in Managed Detection and Response (MDR). The move brings together Zscaler’s deep reservoir of high-quality data and global threat intelligence from its ThreatLabz Security Research team with Red Canary’s MDR strength. 

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