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29 Jun 3 Cybersecurity Stocks That Could Make Your Grandchildren Rich
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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).
Cybercrime Magazine is Page ONE for Cybersecurity. Go to any of our sections to read the latest:
- SCAM. The latest schemes, frauds, and social engineering attacks being launched on consumers globally.
- 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.
- VC. Cybersecurity venture capital deal flow with the latest investment activity from various sources around the world.
- M&A. Cybersecurity mergers and acquisitions including big tech, pure cyber, product vendors and professional services.
- BLOG. What’s happening at Cybercrime Magazine. Plus the stories that don’t make headlines (but maybe they should).
- PRESS. Cybersecurity industry news and press releases in real time from the editors at Business Wire.
- PODCAST. New episodes daily on the Cybercrime Magazine Podcast feature victims, law enforcement, vendors, and cybersecurity experts.
- RADIO. Tune into WCYB Digital Radio at Cybercrime.Radio, the first and only round-the-clock internet radio station devoted to cybersecurity.
Contact us to send story tips, feedback and suggestions, and for sponsorship opportunities and custom media productions.
