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StockNews.com
StockNews.com
Business
Anushka Dutta

3 Cybersecurity Stocks Wall Street Predicts Will Rally 30% - 55%

The constantly evolving cyber-threat landscape is becoming a significant challenge for organizations and the government. Federal cyber-leaders at the RSA conference stated that heightened cyber security had become the norm now. White House National Cyber Director Chris Inglis said that the Russia-Ukraine crisis and the ensuing war on cyberspace indicate that the U.S. agencies and industry leaders need to work together to mitigate cyber threats.

With the growing demand for cybersecurity, the rise in the number of worldwide data breaches, and technology’s rapid progression requiring more secure business models, the global cybersecurity market is expected to reach $346 billion by 2027, expanding at a 13.4% CAGR.

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