Of the attacks in 2020, 40% were carried out using malware and 15% through account hijacking. This anxiety then translates into profits for cybersecurity companies, enabling them to consistently grow their revenues and profits.Īccording to a Nasdaq Investment Intelligence report, the total number of major cyber-attacks reported globally was higher in almost every month of 2020 compared to the same months in 20. Companies are thus wracked by a sense of anxiety regarding the security of their data, which makes them likelier to invest in better, and often more expensive, cybersecurity products and services. We've reported before that a major growth driver in the cybersecurity industry is the fact that cyber-attacks are consistently growing across the globe. To skip our detailed analysis of the cybersecurity sector, you can go directly to see the Top 5 Growth Stocks in Cybersecurity.
In this article, we will be taking a look at the top 10 growth stocks in cybersecurity.
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