From the technology industry to healthcare sector, 2020 saw a record number of data breaches. With larger companies like Microsoft, FireEye, and AstraZeneca experiencing cybersecurity issues, it was a wakeup call to all businesses to start investing in their security. This past month many cybersecurity companies have seen their stocks grow as more businesses are looking for third parties to manage their cybersecurity. While technology stocks as a whole only grew around 2%, it’s expected that cybersecurity will continue to grow into the new year. With more and more businesses using cloud data storage and employees working from home, cybersecurity has become more important now more than ever.
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