Companies Under 1,000 Employees are 220X More Likely to be Victim of Cybercrime
Companies under 1,000 employees are 220X more likely to be a victim of cybercrime, notes Gordon Lawson. He and Ahmed Khan track the risk of cybersecurity threats and how uncertainty fuels risks. Ahmed mentions that cybersecurity spending has a degree of resilience but be cautious of macroeconomic headwinds. They go over some Morningstar cybersecurity stock ratings, which include Okta Inc. (OKTA), Palo Alto Networks (PANW), and Splunk (SPPLK) with three stars and ZScaler (ZS) and Crowdstrike (CRWD) with four stars. Gordon highlights his stock picks which include SentinelOne (S) and Dell Technologies (DELL).