Cyber Security

Top 10 Cybersecurity Stocks to Buy Now

Top 10 Cybersecurity Stocks to Buy Now
Written by ga_dahmani
Top 10 Cybersecurity Stocks to Buy Now

Not many people would question the importance of cybersecurity in organizations. Cyber ​​attacks have increased more than 500% since the start of the COVID-19 pandemic. Cybersecurity is extremely difficult because it is fluid and cybercriminals are constantly finding new and creative ways to breach systems. In 2021, there were 50% more cybercrimes per week on corporate networks compared to 2020. The trend is not slowing down and I think cybersecurity stocks are great long-term investments.

Examples of cyber attacks include:

  1. Phishing attacks: A form of social engineering designed to trick someone into revealing sensitive information or deploying malicious software such as ransomware or malware.
  2. DDoS Attacks – A Distributed Denial of Service (DDoS) attack is designed to disrupt normal traffic to a specific server, network, or service, typically by attempting to saturate the network by flooding it with traffic.

cloud flare‘s ( NET -2.31% ) The mission is to help “build a better Internet.” Cloudflare is actually a network. In fact, it is one of the largest networks on the planet. Cloudflare enables a faster, more secure internet for anyone with an internet presence. Cloudflare has data centers around the world and boasts a staggering 25 million internet properties, a number that is growing daily. To date, Cloudflare handles more than 17% of Fortune 1000 Internet requests, and the company handles an average of 25 million HTTP requests per second. Cloudflare is the world’s best DDoS mitigation platform and helps prevent the above mentioned DDoS attacks.

crowdstrike ( CRWD 0.54% ) is the leader in endpoint security. CrowdStrike’s Falcon platform stops breaches through prevention and response. It uses agent-based sensors that can be installed on Mac, Linux, and Windows. CrowdStrike is built on a cloud-hosted SaaS platform that manages data and prevents, detects, and responds to threats. Both malware and non-malware attacks are covered through CrowdStrike’s cloud-delivered technologies in one lightweight solution. CrowdStrike recently added Extended Detection and Response (XDR) to its arsenal, consolidating threat visibility, providing seamless detection and investigation, and providing end-to-end orchestration and response. CrowdStrike is best in class for endpoint security and response, and deserves a spot on the top 10 cybersecurity stocks list.

Companies spend billions of dollars a year to protect data from breaches and phishing schemes. That said, cybersecurity awareness training doesn’t usually come to mind as an important part of the solution. I find this strange, especially since 95% of all breaches are possible due to human error. SaberBe4 (KNBE -2.66% ), a security awareness training company that simulates phishing attacks to educate employees and prevent social engineering cybercrimes, can help solve this problem. KnowBe4 is an extremely scalable solution that targets an under-penetrated market within the cybersecurity universe, the human layer. The company leverages machine learning and artificial intelligence to create automated training campaigns with detailed reporting and analytics for decision makers.

In the video below, I break down the cybersecurity ecosystem and provide seven additional stock picks.

*Share prices used in the following video were during the trading day of March 22, 2022. The video was published on March 22, 2022.

This article represents the opinion of the author, who may not agree with the “official” recommendation position of a premium Motley Fool advisory service. We are motley! Questioning an investment thesis, even one of your own, helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.

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