Cybersecurity companies are poised to deliver another quarter of robust growth, bolstered by high-profile cyber attacks and a shift in client preferences toward larger players offering comprehensive solutions, Reuters news report said.
The significance of cybersecurity has reached unprecedented levels due to the rapid digital transformation occurring across industries.
“More frequent instances of security threats have also heightened the demand,” noted Akshara Bassi, an analyst at Counterpoint Research.
Cyber security incidents affecting companies like Western Digital and U.S. Transportation Department, compromising the data of the chipmaker’s customers and over 237,000 U.S. government employees, have further…
