Cybersecurity Is Quickly Changing in a Work-From-Home World, Writes CrowdStrike CEO
CrowdStrike (NASDAQ: CRWD) has been a big winner in the work-from-home movement. Effects from COVID-19 have cemented new cybersecurity standards in place, and the company's revenue has been on a tear again in 2020. Cybersecurity is looking much less like a fortified castle and moat and more like a counterintelligence network. Investors, it's time to make some adjustments.
Image source: Getty Images.
Faced with shelter-in-place orders, many organizations have been scrambling to keep operations running. Cloud computing has been adopted at a rapid pace, and employees are accessing company data remotely -- thus the need for CrowdStrike's cloud-based endpoint security software, sending its sales (and stock price) through the roof.
Source Fool.com