The 10 Biggest Cybersecurity Stocks
Cybersecurity is one of the fastest-growing segments of the technology industry. As more people around the globe connect to the internet and hundreds of millions of devices get connected to a network every year, the need to keep all of that data secure is on the rise.
In fact, according to research firm Global Market Insights, cybersecurity is expected to go from a $120 billion-a-year endeavor in 2017 to more than $300 billion in 2024, good for an average 12% annual growth rate. It's no wonder, then, that so many businesses are getting in on the movement. Old tech titans like Microsoft (NASDAQ: MSFT), Cisco (NASDAQ: CSCO), and Oracle (NYSE: ORCL) all offer cybersecurity as part of their service suites. Other names are investing in the action, too. Old smartphone maker BlackBerry (NYSE: BB), for example, bought small cybersecurity outfit Cylance in early 2019 to further its transformation as a software company.
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