FireEye Inc (NASDAQ:FEYE), the leader in stopping today’s advanced cyber attacks, announced enhancements to the FireEye® Email Threat Prevention Platform™ (EX™) and FireEye Advanced Threat Intelligence™ (ATI™). With this release, FireEye EX is designed to provide a self-contained solution to protect enterprises against spear phishing that employs embedded malicious URLs, instantly blocking and containing these attacks. In addition, FireEye ATI provides security teams with valuable context on email-based attacks, which can include severity, threat actor, attack stage and patch information. The new release is now generally available.
“The vast majority of the breaches we see started with a spear phishing email,” said Manish Gupta, senior vice president of products at FireEye. “By combining advanced email analysis with threat intelligence, FireEye will offer customers superior protection against these attacks, enabling security teams to better allocate resources to optimize incident response and decrease the time to detect and respond. With this release, FireEye continues to drive down the time from detect to fix.”
The FireEye EX platform also includes advanced URL defense capability that provides superior URL threat detection and prevention by leveraging dynamic cloud-based analysis. If a URL is found to be malicious, the email used to deliver the URL will be quarantined so no user will be affected. This enhances email protection to enterprise employees working remotely and outside the purview of network security controls. Also, customers can protect mobile and remote users and help enterprises securely deploy a “bring your own device” (BYOD) strategy.
The FireEye ATI complements FireEye EX by providing deep context for email attacks detected by FireEye EX. Using industry-leading FireEye threat intelligence, security teams will benefit from deep attack context, including:
- Severity insights, which help with alert prioritization
- Potential threat actor background, which helps with attribution
- Details about the malware, which aid in forensics analysis
- Indication of a broader attack campaign, which helps identify a motive
- Attack stage insights, which help identify attack maturity
- Mitigation information, which is used by analysts
With this deep context, incident responders can precisely gauge and drive an effective and efficient response against today’s increasingly harmful threats. (Original Source)
Shares of FireEye Inc closed yesterday at $48.01. FEYE has a 1-year high of $55.33 and a 1-year low of $24.81. The stock’s 50-day moving average is $48.83 and its 200-day moving average is $41.61.
On the ratings front, FireEye has been the subject of a number of recent research reports. In a report issued on June 26, Barclays analyst Saket Kalia downgraded FEYE to Hold, with a price target of $56, which implies an upside of 16.6% from current levels. Separately, on June 25, Wedbush’s Jae Cho initiated coverage with a Buy rating on the stock .
According to TipRanks.com, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, Saket Kalia and Jae Cho have a total average return of -1.5% and -4.7% respectively. Kalia has a success rate of 30.8% and is ranked #2810 out of 3691 analysts, while Cho has a success rate of 0.0% and is ranked #2795.
The street is mostly Neutral on FEYE stock. Out of 13 analysts who cover the stock, 7 suggest a Hold rating and 6 recommend to Buy the stock. The 12-month average price target assigned to the stock is $45.67, which represents a slight downside potential from current levels.
FireEye Inc provides cybersecurity solution for detecting, preventing and resolving cyber-attacks that evade legacy signature-based security products. Its solutions include traditional and next-generation firewalls, IPS, anti-virus, and gateways.