3 Cybersecurity Stocks That Could Make Your Grandchildren Rich

   June 29, 2024  Posted in Cyber Security Ventures


29 Jun 3 Cybersecurity Stocks That Could Make Your Grandchildren Rich

Posted at 08:29h
in Blogs
by Di Freeze
This week in cybersecurity from the editors at Cybercrime Magazine

– Read the Full InvestorPlace Story

Sausalito, Calif. – Jun. 29, 2024

InvestorPlace reports that the rise in cybercrime in recent years, driven by increased digitization and attackers deploying more advanced technologies, has increased investor interest in cybersecurity stocks for long-term growth.

To put things into perspective, Cybersecurity Ventures predicts that the cost of cybercrime will reach $10.5 trillion annually by 2025. That’s a massive number, considering that most cyberattacks can be prevented with better detection.

In response to these challenges, companies deploying technologies to combat malicious attacks are experiencing significant growth.

InvestorPlace looks at three cybersecurity stocks well-positioned to generate long-term returns: CrowdStrike (NASDAQ: CRWD), Palo Alto Networks (NASDAQ: PANW), and Cloudflare (NYSE: NET).

Read the Full Story

Cybercrime Magazine is Page ONE for Cybersecurity. Go to any of our sections to read the latest:

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  • NEWS. Breaking coverage on cyberattacks and data breaches, and the most recent privacy and security stories.
  • HACK. Another organization gets hacked every day. We tell you who, what, where, when, and why.
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