Check Out These 5 Cybersecurity Stocks In The Stock Market Today
The increasing digitalization by companies worldwide has put cybersecurity stocks on many investors’ radar. The ongoing pandemic saw many companies accelerating their digital transformation process. According to Gartner, security and risk management spending grew 6.4% in 2020. And this year the segment continues to grow at an above-average rate. In detail, Gartner estimates global spending on information security and risk management services will top $150 billion.
With the growing cybersecurity risks, it’s understandable why many companies are now willing to ramp up their spending in this space. Thus, it’s safe to say that a list of top cybersecurity stocks could stand to gain from this secular trend.
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