• Mon. Oct 2nd, 2023

Neonews.online

Actual and verified news from Ukraine and the world

Cybercrime Supports Security Software

Киберпреступность поддерживает программное обеспечение безопасности

Corporate demand is stagnant despite the approaching recession.

Because they are well-liked by both traders and companies looking to acquire businesses, security software companies have emerged as a comparatively bright spot in this year’s stock market crisis.

The cybersecurity stock index will be down 22% in 2022.

“Security is the last area of a corporate budget that businesses would cut, therefore growth must continue even if we experience a recession.” Even if there is so much uncertainty everywhere, security is a highly promising sector because of the ongoing demand support, according to Ivana Delevska, chief investment officer at Spear Invest.

The group’s resiliency is highlighted by a quarterly survey of corporate technology executives by Morgan Stanley.

One of the most crucial areas of protection for organizations, according to the CEOs, is security.

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