Many businesses have struggled with economic headwinds over the past year, even cybersecurity leaders CrowdStrike (NASDAQ: CRWD) and Okta (NASDAQ: OKTA). Meanwhile, cybercriminals continued to inflict damage on organizations around the world.

Global cyberattacks increased 38% in 2022, according to Check Point Research, and attack volume reached an all-time high in the fourth quarter. Unfortunately, that trend will likely intensify in the coming years as businesses become more dependent on digital systems, but there is a silver lining for investors.

CrowdStrike and Okta are in an ideal spot to benefit from the growing need for effective cybersecurity, and growth in both businesses should reaccelerate on the heels of an economic recovery.

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Source Fool.com