Consumers constantly demand more convenience from their products and services. One way that happens is through digitization. To do that, businesses adopt cloud computing technology that allows them to reach customers online.

But that can be a double-edged sword. Operating in the cloud offers businesses new opportunities to generate revenue. It also exposes them to cyber threats that can originate from anywhere and can strike at any time. The threat from cyberattacks continues to grow and consulting giant McKinsey Company predicts it could cause $10.5 trillion worth of damage to businesses per year by 2025 -- a fourfold increase from 2015.

Thankfully, CrowdStrike (NASDAQ: CRWD) exists. It's a leader in artificial intelligence (AI)-based cybersecurity, which is far more effective at thwarting attacks than traditional methods. 

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Source Fool.com