When it comes to security, Microsoft (MSFT) is known more for its failings than its prowess. But that’s not stopping it from taking on cybersecurity stocks like CrowdStrike (CROWD), Palo Alto Networks (PANW) and Zscaler (ZS) in a bid to become a security powerhouse. X And the offensive is paying off, fueling a revenue stream […]
Tag: cybersecurity
BlackBerry posts surprise quarterly profit on resilient cybersecurity demand
(Reuters) – Canada’s BlackBerry reported a surprise quarterly profit on Wednesday, backed by a resilient demand for cybersecurity services amid rising online threats. While IT spending has dwindled over the past year, cybersecurity-related expenditure has remained stable as businesses and governments scramble to beef up their systems against hackers. Over the past few months, casino […]
Cybersecurity and cloud networking stocks are the ones to watch for 2024, says Barclays
The technology sector is set to outperform again in 2024, with cybersecurity and cloud networking stocks among those best positioned, according to Barclays. A major catalyst: artificial intelligence. But it’s not necessarily a rinse-and-repeat for Wall Street. Investors should look beyond chipmakers like Nvidia (NVDA) to some of the tech industry’s lesser-known plays, and here’s […]
Top White House cyber aide says recent Iran hack on water system is call to tighten cybersecurity
WASHINGTON — A top White House national security official said recent cyber attacks by Iranian hackers on U.S. water authorities — as well as a separate spate of ransomware attacks on the health care industry — should be seen as a call to action by utilities and industry to tighten cybersecurity. Deputy national security adviser […]