11 Dec Spectacular Cybersecurity Growth Stock to Buy, According to Wall Street
This week in cybersecurity from the editors at Cybercrime Magazine
–Read the Full Story in The Motley Fool
Sausalito, Calif. – Dec. 11, 2024
Cybercrime is on track to cause $10.5 trillion worth of damage to the global economy in 2025, according to Cybersecurity Ventures. More businesses are operating online than ever before, which leaves them vulnerable to attackers who can strike at any time of the day, and from anywhere in the world.
Zscaler (NASDAQ: ZS) is a leader in zero-trust cybersecurity, and it has observed a whopping 111 percent increase in spyware attacks over the past year alone. It’s a dangerous type of software that infects computers and steals sensitive data like financial information or the credentials of important employees, and Zscaler can help prevent the fallout.
Zscaler stock is down 44 percent from its all-time high, which was set during the tech frenzy in 2021, but that hasn’t deterred Wall Street. The Motley Fool explains why investors might want to follow their lead.
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