Economic Downturn? Not for These Cybersecurity Growth Stocks.
Cybersecurity is arguably more important today than it ever has been. Companies are rapidly shifting their operations online using cloud computing technology, which helps them do business more efficiently and connects their teams across geographical borders.
But this comes with a downside: The more reliance that companies place on the cloud, the larger the attack surface grows, and the more vulnerable they are -- unless they're adequately protected.
It's the main reason that companies' chief information officers have said cybersecurity is the last expense they would trim even in a recession, according to a survey by investment bank Morgan Stanley.
Source Fool.com
