Latest news with #AthenianProject
Yahoo
a day ago
- Business
- Yahoo
Cloudflare Named TIME100 Most Influential Company for Election Security Role
Cloudflare Inc. (NYSE:NET) is one of the best software infrastructure stocks to invest in. On June 26, Cloudflare was named a TIME100 Most Influential Company in 2025. This marks Cloudflare's debut on the prestigious list, recognizing its extraordinary global impact, particularly its role in safeguarding the 2024 US elections from cyberattacks. Cloudflare provided vital cybersecurity protection and ensured that cyberattacks did not influence the election outcome in 2024. Cloudflare's commitment to election security is reflected in its Athenian Project, through which it provides its highest Enterprise level of services for free to eligible US state and local government websites related to election administration, voter data, or results reporting. A close-up of a server array powering a cloud-services system. From January through November 2024, Cloudflare mitigated ~1 million online threats every single day for these entities. Cloudflare's product expansion has enabled it to enter adjacent markets, projecting its TAM to grow from $181 billion in 2025 to $231 billion by 2028. Cloudflare Inc. (NYSE:NET) operates as a cloud services provider that delivers a range of services to businesses worldwide. While we acknowledge the potential of NET as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Time Magazine
3 days ago
- Business
- Time Magazine
TIME100 Most Influential Companies 2025: Cloudflare
Cyber attacks were not in the headlines during the 2024 U.S. presidential election, thanks in part to cybersecurity firm Cloudflare, which it says blocked over 6 billion election-related threats the week of Nov. 5 alone. One of the world's largest network infrastructure and security firms, Cloudflare shores up about a fifth of the internet. It helps the owners of websites and apps keep service fast, as well as safe from the near-constant barrage of bad actors who exploit weaknesses to steal information or simply overwhelm online properties for financial or political gain. "We're able to sit in that stream of traffic, see all of the different requests that come to it, and be able to stop that," says Matthew Prince, cofounder and CEO. "We're sort of like the bodyguard of the internet." In 2024, it counted Kamala Harris, Donald Trump, and Joe Biden as clients, in addition to candidates or authorities in six countries that also held elections. Cloudflare currently gifts its highest subscription tier to more than half of U.S. states as well as local governments for free through its ongoing Athenian Project.