Fiery Profits: Top 3 Cybersecurity Triumphs | Dash Startup

Cyber Security Wizard

Wizardry for Cyber

Cyber Security Wizard

Firewall Fortunes: 3 Best Bets in the Cybersecurity Sphere

Cybersecurity is quickly becoming a top line item in corporate IT spending. The cybersecurity industry has experienced rapid growth as hacking attempts become more frequent. Gartner forecasts global spending on cybersecurity to reach $215 million by 2024. This presents an opportunity for investors to buy into cybersecurity stocks early. Here are the top three potentially profitable cybersecurity stocks as long-term investments:

Palo Alto Networks (PANW)

A pioneer in cybersecurity. Provides cybersecurity products and services to organizations globally. Acquired Dig Security to enhance its data security capabilities. Strong financial growth. Rated as a strong buy with a high price estimate of $400.

CrowdStrike Holdings (CRWD)

Provides cloud-based security services for devices, cloud computing, identity management, and data protection. Recognized as a leader in management detection and response services in Europe. Impressive financial growth. Rated as a strong buy with a high price target of $330.

Zscaler, Inc. (ZS)

Provides cloud-based security solutions worldwide. Assists companies in securely accessing software applications and internet destinations. Strong financial growth. Rated as a strong buy with a high price target of $275.

As the cybersecurity market continues to expand, investing in these strong cybersecurity stocks can lead to significant profits in the long run.

Post Views: 120

binarypublish

Latest from Blog

Moody’s: Cyber insurance competition rises, prices fall

Moody’s Ratings: Cyber Insurance Competition Up, Prices Down TLDR: Cyber insurance market poised for growth due to increased demand. New players entering the market may decrease premiums. Article Summary The cyber insurance

Syxsense acquires Absolute to beat cyber vulnerabilities with strength

TLDR: Absolute Security has acquired Syxsense to enhance its cyber resilience platform. The acquisition will simplify patching and remediation issues through automation. Article Summary: Absolute Security has acquired Syxsense to improve its

Apache’s OFBiz gets new fix for RCE exploits

TLDR: Apache released a security update for OFBiz to patch vulnerabilities, including a bypass of patches for two exploited flaws. The bypass, tracked as CVE-2024-45195, allows unauthenticated remote attackers to execute code

Feds caution: Russia-linked CVE threats target essential infrastructure

TLDR: Threat groups linked to Russia’s military intelligence service are targeting critical infrastructure in various sectors. The attackers have defaced websites, scanned infrastructure, and leaked stolen data. Summary: Federal authorities in the

Allies blame Russian military for destructive cyber-attacks

TLDR: US and allies accuse Russian military of launching cyber-attacks targeting critical infrastructure for espionage and sabotage purposes. Unit 29155, a cyber group affiliated with the Russian military, is responsible for deploying

Brazil bans X, and Tom Alcock on cybersecurity talent hunt

TLDR: Key Points: Brazil banned X (Twitter) due to misinformation during the presidential election. Tom Alcock, founder of Code Red Partners, discussed the importance of cybersecurity talent recruitment beyond traditional methods. In

Palo Alto Networks acquires IBM’s QRadar Assets in SIEM victory

Article Summary TLDR: Palo Alto Networks has acquired IBM’s QRadar SaaS assets to enhance its cybersecurity capabilities. The integration of QRadar’s assets into Palo Alto Networks’ Cortex XSIAM platform will lead to

NIST CSF 20: Secure your cyber world with confidence framework

TLDR: NIST has released Version 2.0 of its Cybersecurity Framework (CSF) with an enhanced focus on Privileged Access Management (PAM) and Identity & Access Management (IAM). Key updates in NIST CSF 2.0

NSFOCUS launches digital shield for superior cyber defense capabilities

TLDR: NSFOCUS has introduced a Digital Risk Protection Service (DRPS) to protect against evolving threats like fraud and data breaches in the digital landscape. The service offers features such as monitoring for

Russian military hackers behind US attacks according to NSA Report

TLDR: A recent NSA report has attributed U.S. cyber attacks since 2020 to Russian military hackers. The hackers are affiliated with the Russian Unit 29155 and have targeted critical infrastructure globally. Summary: