Cybersecurity stocks are great long-term buys because we're still not prepared for cyber attacks, even after hundreds of incidents over the years. It's estimated that global cybercrime damage costs will reach $10.5 trillion USD annually by 2025, up from $3 trillion USD in 2015.
Cyberattacks are still wreaking global havoc. While it's a royal pain, it is creating big opportunities for some of the most undervalued cybersecurity stocks.
Saving for your golden years generally follows the tried-and-true principle of acquiring passive income providers, but these retirement growth stocks can offer a twist to this narrative. Don't get me wrong: you should still stick with your bread and butter.
Cybersecurity stocks to buy benefit from an incredibly cynical narrative: when bad things happen in the digital realm, the bullish case for the aforementioned sector rises. Given this correlation, it's easy to see why some folks have a conspiratorial view of the cybersecurity ecosystem.
Zacks.com users have recently been watching CyberArk (CYBR) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
We're still sitting ducks when it comes to cyberattacks, which creates an opportunity for some of the top cybersecurity stocks to buy. The U.S. Environmental Protection Agency (EPA) just warned that attacks against water utilities are becoming more frequent and severe.
CyberArk (CYBR) aims to merge Venafi's advanced machine identity management capabilities with its robust identity security solutions, creating a comprehensive platform for enterprise-scale machine identity security.
CyberArk plans to acquire Venafi from Thoma Bravo for an enterprise value of about $1.54 billion, saying it aims to create a unified platform for machine identity security at scale. The acquisition will add Venafi's machine identity management solutions to CyberArk's identity security capabilities, the companies said in a Monday (May 20) press release.
More cybersecurity consolidation coming your way, with bigger players picking up startups that will help them bolt on tech to meet the ever-expanding attack surface for enterprises as they move more activity into the cloud. In the latest development, CyberArk — one of the army of larger security companies founded out of Israel — is acquiring Venafi, a specialist in machine identity, for $1.54 billion in a cash and share deal.
Cybersecurity firm CyberArk said on Monday it will acquire Venafi from equity firm Thoma Bravo in a deal valued at around $1.54 billion.
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