In today's era of booming digital advancements that enhance efficiency and cut costs for businesses, cybersecurity stands out as critical. Hence, investors could scoop up shares of fundamentally stable cybersecurity stocks, CyberArk Software Ltd. (CYBR), Fortinet, Inc. (FTNT), and Trend Micro Incorporated (TMICY) that are safeguarding the digital realm.
Cyber threats continue to be quite apparent in a business's day-to-day operations. However, mostly small and medium-sized ones that do not have a robust cybersecurity backup experience the worst of it. Over 30,000 new vulnerabilities were disclosed in the past year, indicating a 17% year-over-year increase.
