Check Point Software

Stock performance

History

Check Point was founded by Gil Shwed and two co-founders, drawing on Shwed's experience in Israeli military intelligence, to commercialize firewall technology for protecting corporate computer networks at the dawn of widespread internet adoption. Its early firewall products became an industry standard through the 1990s, establishing Check Point as one of the pioneering companies of the cybersecurity industry and a flagship of Israel's technology sector.

Business model

Check Point develops and sells network security, cloud security, and endpoint-protection software and appliances to enterprise and government customers worldwide, increasingly delivered through subscription-based security platforms rather than one-time hardware sales. Its business depends on continuous threat-research investment to keep pace with an evolving cyberattack landscape.

Market position

Check Point is one of the largest and longest-established cybersecurity companies in the world, competing with Palo Alto Networks, Fortinet, and CrowdStrike, though it has faced pressure to accelerate growth as newer, cloud-native security competitors have gained share. Its long operating history and enterprise relationships remain significant assets.

Country impact

Check Point is one of the flagship companies of Israel's globally significant cybersecurity industry, which draws heavily on talent trained in elite military intelligence units, and its success helped establish Israel's reputation as a leading global center for security technology innovation. It is a major source of high-skilled technology employment in Israel.