Israeli cybersecurity company, Check Point Software Technologies, has reported that its business operations have continued as planned during the recent conflict between Israel and Hamas. The company’s CEO, Gil Shwed, stated that despite the conflict, 98% of Check Point’s customers are outside of Israel and that the company successfully launched new technologies and completed acquisitions during this time. Check Point’s data showed an 18% increase in cyber attacks in Israel over the past three weeks, with 52% targeting the government sector. Despite this, Check Point reported higher-than-expected profits for the third quarter, with revenue growing by 3% to $596 million. The company also repurchased 2.48 million shares as part of its ongoing $2 billion share buyback program.
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