3 Top Cybersecurity Stocks to Buy in July
The world is becoming increasingly digitally connected. Smartphones make cross-globe communication possible with a few taps, companies embracing employees working from home means more information is shared via remote networks, and cloud services are a major part of everyday operations for many major companies.
These developments help connect the world and increase efficiency, but the downside is increased cyberattack opportunities. The lasting effects of cyberattacks shouldn't be taken lightly, either. The most obvious cost is the money a company spends recovering from a breach or enhancing its security measures, but there's also the reputational damage that can come from customers losing confidence in a company's ability to keep their private information safe.
The good news is that these increased cyberthreats have made the cybersecurity industry virtually indispensable, and the industry's growth potential is immense. For investors looking to get in on the bustling industry, the following three companies are well worth considering.
Source Fool.com
