Shares of cybersecurity company Rubrik Inc. (RBRK) surged 5.04% in intraday trading on Thursday, following the announcement of two major developments that are poised to strengthen the company's position in the rapidly growing cyber resilience market.

First, Rubrik unveiled its groundbreaking "Turbo Threat Hunting" feature, designed to dramatically accelerate cyber recovery for organizations. This unprecedented capability allows Rubrik to scan up to 75,000 backups in under 60 seconds, enabling customers to rapidly identify clean recovery points free from malware or other threats in the aftermath of a cyberattack. By minimizing downtime and operational disruptions, Turbo Threat Hunting aims to protect businesses from devastating financial losses resulting from prolonged outages.

Additionally, Rubrik's Security Cloud – Government platform received Federal Risk and Authorization Management Program (FedRAMP) authorization at the moderate impact level. This certification is a crucial step for Rubrik to extend its zero-trust data security solutions to federal agencies, where the need for robust cyber resilience is paramount in safeguarding sensitive information and ensuring mission continuity.