3 Top Cybersecurity Stocks to Buy in March
If 2020 taught us anything, it's that the need for digital security has never been greater. The headlines are rife with details of the latest hack, intrusion, or attack. The methods used to gain access to enterprise systems are becoming increasingly sophisticated and seemingly no one is immune from these attacks. The move to remote work took employees out from under the corporate IT umbrella, making cybersecurity more imperative than ever before.
In response to the growing threat, businesses are taking steps to address potential vulnerabilities. The total spent to repel these intrusions is expected to climb to more than $60 billion in 2021, up 10% year over year, according to research firm Canalys.
Faced with this simple and glaring truth, forward-looking investors have the opportunity to benefit from this tidal wave facing businesses and governments alike: Identify companies with the most innovative cybersecurity solutions, invest in these digital denizens, and hold on for the ride.
Source Fool.com
