Cybersecurity stocks have been a popular theme in the stock market over the past few years. This would naturally be the case as more companies are utilizing the cloud for their operations. A company suffering from a cyber-attack may not only lose important information, but could also see impacts on productivity. For instance, earlier this week, Toyota (NYSE: TM) had to halt its factories for a day. This came after a cyberattack on a supplier of plastic parts and electronic components.
Meanwhile, the ongoing war between Russia and Ukraine is not just taking place on the physical front. Russia has reportedly unleashed data-wiper malware on Ukraine’s government systems. As such, there is now a renewed interest in the cybersecurity space on fears that cyberattacks may hit other countries.
3 Top Cybersecurity Stocks To Watch Right Now
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