Rapid7, Inc. Common Stock
RPDRapid7, Inc. (RPD) is a cybersecurity company specializing in data and analytics-driven security solutions. It provides cloud-based and on-premises platform offerings for vulnerability management, application security, incident detection and response, and insight into security risks. Rapid7 aims to help organizations identify, prioritize, and remediate security vulnerabilities to protect against cyber threats. Founded in 2000, the company has established itself as a key player in the cybersecurity industry with a focus on simplifying complex security challenges.
Company News
Rapid7 and HITRUST announced a strategic partnership to help organizations automate cybersecurity compliance, reducing audit costs and complexity by integrating continuous security control validation and assessment.
The global penetration testing market is projected to grow at a CAGR of 17.12% from 2024 to 2031, driven by increasing emphasis on detecting security weaknesses and the growing adoption of cloud technologies.
The acquisition of Noetic Cyber underscores Rapid7's (RPD) commitment to providing comprehensive, proactive cybersecurity solutions, positioning the company to better serve its clients in an increasingly complex threat landscape.
Okta shares closed Monday with a modest gain after the identity-management software company scored a double upgrade ahead of earnings.
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