Cyber Markets Roundup (Wk. 5, Feb 1 '23): Are Digital Security Stocks Finally A Buy?
Weekly cybersecurity investment highlights
*Stock data as of the market close, cryptocurrency data as of 4:00 AM ET.
WHAT’S NEW
Following A Tough 2022, Are Digital Security Stocks Finally A Buy?
Cybersecurity players are also seeing increasing interest as acquisition targets. Private equity companies have been targeting players in this sector, given their somewhat depressed valuations and potential to generate steady revenues in the long run. [Forbes]
How cybersecurity threats are influencing business strategies
Current cyber threats will have a favorable impact because more and more companies will implement security solutions. However, it is best to take the initiative now because the situation will get a little worse before it gets better. [Business Upturn]
5 Big Pros And Cons Of ChatGPT For Cybersecurity
Regarding cybersecurity, there is mounting evidence that the AI-powered chatbot could be a powerful tool both for hackers and cyber defenders. [CRN]
J.P. Morgan Says Now Could Be a Good Time to Buy Cybersecurity Stocks
Recent events, including the ongoing questions about election integrity, profound macroeconomic volatility, and the Russian war in Ukraine, have underscored the importance of cybersecurity. [NASDAQ]