Cybersecurity (or lack thereof) continues to make headlines. Vulnerabilities in ironically named Progress Software's MOVEit data-transfer service managed to expose the personal information of at least 60 million people. Meanwhile, over in Las Vegas, MGM Resorts and Caesars Entertainment were also recently hit by hackers. Even in 2023, lots of companies still need help with better cybersecurity services and procedures. 

Investing in cybersecurity stocks is hard, though. Constant innovation makes it difficult for small companies to climb and stay atop the ladder in the security software industry, and it's harder still for them to sustain profitability over time.

One small company, Qualys (NASDAQ: QLYS), seems to have cracked the code. Will its stock soar in the coming years with cyberspace expecting plenty more growth ahead? 

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Source Fool.com