Homepage / Investment / Cybersecurity stocks rally as global hackings start to impact corporate bottom lines
Menyelami Dunia Slot Thailand: Keseruan dan Peluang Kemenangan Besar Menyelami Dunia Slot Thailand: Pengalaman Bermain yang Tak Terlupakan অনলাইনে স্লট মেশিন 2025 চালানোর সম্পূর্ণ নির্দেশিকা অনলাইনে স্লট 2025 চালানোর মোট ওভারভিউ Как активировать известные игровые слоты online на игровом портале комета казино Как загружать популярные виртуальные симуляторы в режиме онлайн в виртуальном клубе комета казино Призовые коды и поощрения для посетителей на платформе online 7k казино Подарочные коды и вознаграждения для пользователей в азартном заведении онлайн 7k казино Новые игровые слоты и режимы их загрузки на азартной площадке азино 777 официальный сайт Как в casino азино777 официальный сайт запускать видеослоты на реальные средства Zamanla test edilmişcasino büyük ikramiye ile: yüksek bir zarda nerede bahis oynayabilirsiniz Modernize edilmişcazino rekor nakit ödül ile: Max Bet’te nasıl oynanır En iyisi karlı makineler ödül seçenekleri web-kumarhanesinde AbeBet Tepe kumar slot makineleri Kazanan turlar bir kumar kaynağında Abe Bet casino Yatırım Şartsız Deneme Bonusları ile Hızlı Başlangıç Yapın Onwin Güncel Giriş Online Spor Bahis Siteleri 8359 onwin giriş Güncel Bonusları 1518 grandpashabet giriş Limelight ahead 5 The Majority Of Sought-After Classifications at JeetBuzz 1Win Sports Betting and Casino Official Site Login 1WIN casino official website of the bookmaker, slots, gaming machines 1win: Sitio web oficial del Casino y Casa de Apuestas 2024, Apuestas Deportivas en Línea, Inicio de sesión de 1win 1Win Apuestas Deportivas y Casino Online Bono 500% 1Win Apuestas Deportivas y Casino Online Bono 500% 1win: Sitio web oficial del Casino y Casa de Apuestas 2024, Apuestas Deportivas en Línea, Inicio de sesión de 1win Casino 1Win Argentina Reseña: Todo lo que necesitas saber sobre usabilidad y registro 1win: Sitio web oficial del Casino y Casa de Apuestas 2024, Apuestas Deportivas en Línea, Inicio de sesión de 1win Mines evaluation 1WIN casino official website of the bookmaker, slots, gaming machines 1win App Download 2025 1win apk & iOS download info! The Rise of TrumpCoin: A 2025 Digital Gold Rush 1WIN Sitio web oficial de Apuestas y Casino en línea Bonificación por inscripción $5000 1WIN bet cassino site oficial, slots, jogos de azar, apostas 1WIN bet cassino site oficial, slots, jogos de azar, apostas test-g Ghostwriting: Was ist erlaubt? 1WIN bet cassino site oficial, slots, jogos de azar, apostas Espejos acceso alternativo a los sitio Muchas personas se hacen ahora esta pregunta 10 Mejores Casinos Online en España Guía Actualizada 2025 Start meeting horny girls now – sign up today Find local adult chat sites and relate solely to fun singles generative ai course 1WIN Sitio web oficial de Apuestas y Casino en línea Bonificación por inscripción $5000 1Win Uruguay: Apuestas Deportivas y Casino Oficial The simplest way to meet up sexy women Bahis Sitelerinde Üyelik Bonusu Nasıl Alınır? Find an ideal match with lonely housewife hookup website Master the art of online dirty talk Yeni Başlayanlar İçin En İyi Bahis Siteleri ve Promosyonlar Casino Sitelerinde Hangi Bonuslar Daha Avantajlı? Deneme Bonusları ile Slot Oyunları: Oynamak İçin En İyi Siteler Experience a fantastic and unique option to satisfy brand new people Adjustment in Marriage: 10 Techniques For Newly Married Couples Güncel Bahis Siteleri: Bonus Fırsatları ve Yenilikler 2025’ün En İyi Bahis Stratejileri: Yüksek Oranlarla Kazanma Deneme Bonuslarıyla Oyunları Keşfet: En İyi Siteler Güncel Deneme Bonusları: Hangi Sitelerde Mevcut? Enjoy the greatest adult fuckbook experience now Mature bbw lesbians – find love utilizing the right partner เว็บพนัน ออนไลน์ จับกลางกรุง! บุกทลายฐานเว็บพนันชาวไต้หวันรายใหญ่ เงินหมุนเวียน 500 ล้าน ปี Panduan Lengkap Bermain Slot Online: Strategi & Tips Terbaik Deneme Bonusu ile Ücretsiz Oyun Oynayın Boy Names: Top 1,000 Baby Boy Names in the U S. for 2024 List of most popular given names Wikipedia Mobile Gaming in the UK: Trends, Regulations, and Future Leads Start dating hot moms today – it’s easier than you think Define generative ai 14 Define generative ai 14 How to find the right online gay dating website for you Home Superclones watches Exploring Super Clone Watches: Quality, Accuracy, and Affordability Join the most effective bbw milf dating site today En İyi Bahis Siteleri İçin Seçim Yaparken Nelere Dikkat Edilmeli? At this point, and yet very near | Life and magnificence | Trusted Casino Hellspin Review Leading Online Casino Hellspin Evaluation Mostbet App: Download Mostbet apk for Android & iOS 2024 Ігрові Автомати з Виводом Грошей на Карту ️ Онлайн Ігри на Гривні в Українікращі азартні ігри на гроші з виводом на карту2024-01-08 Taya365 online casino login Tips for conference and dating other bisexual men How to get the right bi partner Exploring the Prospering World of Online Casinos in the UK Meet hot singles and luxuriate in flirty chatting Bahis Siteleri: En İyi Bonuslar ve Promosyonlar Situs Slot Hari Ini Terbaik dan Terpercaya Tahun Ini, Gampang Menang Güvenilir Bonus Veren Siteler ve Detaylı İncelemeler Güncel Giriş, Güvenilir Adres VOX Casino: VOXCasino Promo Code 2025 Get to learn other old gay men inside area Slot Min Depo 10K Terbaik dan Paling Direkomendasi Tahun Ini: Gampang Menang! Scatter Hitam Terbaik dan Paling Direkomendasi Tahun Ini: Gampang Menang! Top 10 Online Casinos in Deutschland Januar 2025 Get ready to unleash your wildest fantasies Ücretsiz Oyun Deneyimi: Deneme Bonuslarıyla Risk Almadan Kazan Bonuslarla Bahis Keyfini Katlamanın Yöntemleri 2025’te Bahis Oynayarak Kazanç Sağlamanın Yolları Freespin Veren Casino Siteleri ile Daha Fazla Eğlenin Casino Sitelerinde En İyi Bonuslar Nerede? The Ultimate Guide to Free Spins BC.Game Mirror – Discover All Current Mirrors Find regional women seeking intimate encounters Elitecasino’a Katýlým saðlayarak, Hýzla 800 TL Bonus Ýmkaný Kazanýn!

Investment

Cybersecurity stocks rally as global hackings start to impact corporate bottom lines

Cybersecurity stocks like FireEye, Barracuda, Symantec and Palo Alto Networks rallied Friday, as snack food and beverage giant Mondelez International became the latest victim of a cyber attack. The company said it was hit with an attack on June 27 that compromised its ability to ship and send invoices during the last four days of its second quarter.

What made this call unusual is that the company quantified exactly how much the attack hurt them: Its preliminary estimate of the impact indicates a 3 percent slice off its revenue growth rate for the quarter.

Unlike the recent WannaCry ransomware attack, this hacking, as well as similar ones reported by Reckitt Benckiser and others, appear to be designed to simply cause as much destruction as possible.

And analysts say it’s only going to get worse. In a report yesterday to clients, KeyBanc noted that security concerns will increase in importance as companies shift to the cloud and that 2016 was already a record year for data breaches:

Cyber crime in 2016

35 percent rise in business ransomware
58 percent increase in distributed denial of service (DDoS) attacks
78 percent increase in phishing sites

Source: KeyBanc

There is plenty of room for growth. The cybersecurity business is still relatively small: KeyBanc notes it is only $35 billion but growing fast. It’s remarkably fragmented: Symantec’s enterprise business is the largest player, with only 7 percent market share. In part, that’s because there are many different parts to the security business that are not served by all the players: firewall, identity & access management, data loss prevention, messaging security, etc.

Widely reported events like the WannaCry ransomware attack and the “Petya” malware attack get a lot of attention, but more knowable events on the horizon are generating interest for cybersecurity companies. KeyBanc notes that a “firewall refresh cycle” will likely start in six to nine months, and that new European regulatory standards for all companies handling data in the European Union will come into effect in May 2018 that will create opportunities for vendors specializing in data loss prevention and database activity monitoring. That means more business for companies like Box and Okta.

Most importantly, business appear to be shifting priorities. In the past, prevention was the priority, with detection and correction less important. In 2014, 80 percent of enterprise security budgets were devoted to prevention, with only 10 percent devoted to rapid detection & response. That is now reversing: KeyBanc estimates the 60 percent of enterprise security budgets will be devoted to rapid detection & response by 2020.

The big question, according to Ilya Kundozerov at Morningstar, who covers cybersecurity stocks, is this: How much of this negative news will get translated into top-line growth for cybersecurity companies?

“This industry is driven by negative news,” Kunderozerov said. In the past, similar events have led to an increase in revenues. FireEye, for example, is extra sensitive to these kind of events because they are often the company that gets the first call. Kunderozerov says it’s still too early to tell if Wannacry and Petya will generate significant revenue growth.

What is remarkable to Kunderozerov is that many of these recent attacks were not due to amazing, sophisticated cyber hacks: They were due to the failure of companies to simply keep their software updated.

“There certainly are very sophisticated cyber attacks, but a lot of companies have very old software that no one wants to touch, and the companies have decided to let it be and leave it unpatched and unprotected,” he said. “These were old vulnerabilities that should have been patched. Nothing has happened to these systems, but now it’s payback time. These legacy systems need to be completely isolated, or patched, or migrated to new software.”

Source: Investment Cnbc
Cybersecurity stocks rally as global hackings start to impact corporate bottom lines

Comments are closed.