Cybersecurity threats continue to rise, and companies across sectors anticipate increasing spending on defense measures to prevent or lessen the damage caused by these attacks in the future. According to a recent survey of more than 1,000 executives across industries by Deloitte, 57% of respondents expect their companies to boost cybersecurity spending over the coming 1-2 years.
Some companies in the cybersecurity industry have already benefited from this invigorated focus on their services. The First Trust NASDAQ Cybersecurity ETF (NASDAQ: CIBR), a benchmark for the broader industry, has climbed by more than 28% in the last year. But several firms in particular warrant special attention from investors heading into the new year.
