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TheStreet Open House

Why FireEye (FEYE) Stock Is Up Today

NEW YORK (TheStreet) -- FireEye  (FEYE) rose Tuesday after the network security company announced NATO has certified the FireEye Forensic Analysis Threat Prevention Platform for inclusion in the Information Assurance Product Catalogue.

The inclusion means the FireEye AX Series will provide NATO nations and civil and military bodies with next-generation threat evaluation that meets the INFOSEC Directive.

"Advanced persistent threats are becoming a very tangible threat to the governmental and, ultimately, private organizations that contribute to NATO's mission of safeguarding freedom," said Paul Davis, vice president, Europe, FireEye in a company statement. "Member countries are prime targets for advanced threat actors, whose sponsored goals are often to steal high-value data like NATO plans or communications. We are honored that the FireEye Forensic Analysis Platforms designed to detect these threats has been certified by NATO."

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According to the press release, the NIAPC provides NATO Systems Operations Centers with "various information assurance products, protection profiles, and packages" to facilitate the safe handling of classified and non-classified NATO information. These products undergo three levels of evaluation to determine the highest level of NATO information they can protect. NATO performed a complete evaluation on FireEye Forensic Analysis Platforms certified it to handle information classified as NATO SECRET.

"Protecting NATO information, members, and organizations from cybersecurity threats is of the utmost importance," said John Tatman, director, NATO Information Assurance. "We recognize the advanced threat landscape is a growing part of cybersecurity operations which is why we evaluate vendors like FireEye who focus on such attacks."

The FireEye AX Series allows security analysts to safely identify suspicious files or Web items and inspect them for malicious activity.

The stock was up 2.43% to $34.20 at 12:07 p.m. FEYE Chart

FEYE data by YCharts

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