Gen Digital Inc is a global leader in cybersecurity solutions, dedicated to protecting consumers and enterprises from the evolving threat landscape of digital interactions
The company offers a comprehensive suite of security products and services designed to safeguard personal information, devices, and online identities. With a focus on innovation, Gen Digital Inc invests in advanced technologies to provide users with robust protection against malware, phishing attacks, and various cyber threats. The company aims to empower individuals and organizations to confidently navigate the digital world by delivering reliable tools and resources designed to enhance security and privacy.
BALA CYNWYD, Pa., Jan. 03, 2025 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you.
With cybersecurity attacks mounting, companies are spending more money on defensive measures; these firms are among the leaders in the industry poised to gain.
WILMINGTON, Del., Sept. 04, 2024 (GLOBE NEWSWIRE) -- GAINEY McKENNA & EGLESTON announces that the Superior Court of the State of Delaware has approved the following announcement of a proposed class action settlement that would benefit purchasers of Symantec Corporation n/k/a Gen Digital Inc. common stock in the Symantec Corporation Employee Stock Purchase Plan (NASDAQGEN):
Cyber security spending was only $188B in 2023 and, with corporate spending on cybersecurity forecast to grow at a CAGR of 13.8% between now and 2030 it suggests that a $2 trillion market exists for cyber security technology and service providers.
CrowdStrike, already down 7% on the week, crashed a further 11% on Friday as the result of a defective update being sent out that caused a global IT outage for Microsoft Windows hosts.
Cybersecurity stocks went up last week, in large part because BlackBerry reported Q1'25 earnings that exceeded expectations due to a major increase in cybersecurity revenue. That points to a more resilient demand for cybersecurity solutions.
The damage inflicted by cybercrime could reach as high as $10 trillion by 2025 and, as such, sophisticated cybersecurity to protect networks, systems and other digital infrastructure from malicious attacks is more crucial than ever.
Corporate spending on cyber security is forecast to grow at a CAGR of 13.8% between now and 2030 and that is expected to have a positive affect on the value of the 7 pure-play stocks in the cyber security category.
