Cybersecurity Momentum for Russia and Ukraine Development: Notable Stocks

Russia’s invasion of Ukraine has raised concerns about cyberattacks on the enthusiastic pitch. In the United States, banks and large corporations are stepping up cybersecurity protocols in anticipation of increasing hacking attempts.

“Ukraine’s conflict is at the forefront and ready to expand, causing a surge in cybersecurity attacks from Russian state support organizations that could change US / European corporate and government games in the coming months. There is a possibility, “said Dan Ives, a technical analyst at Wedbush. He said last week.

Analysts said, “Currently, the level of cyberattacks has risen significantly, adding to the growth tailwind of the cybersecurity sector, and in the midst of this market turmoil, vendors in the right position are tech investors. We believe it will be a focus sector, “he added.

There are no specific warnings, but the current geopolitical situation reminds us that the threat of war may be more than just land, sea and air.

Benzinga has collected a list of cybersecurity stocks by class that investors should pay attention to as the conflict between Russia and Ukraine progresses.

Cloud based

Cyren Ltd.
Palo Alto Networks, Inc.
Mandiant Inc.
Cloud Strike Holdings Co., Ltd.
Okta Inc.

Critical infrastructure

Data Storage Co., Ltd.
Ironnet Inc.
Fortinet Co., Ltd.

Network security

Cerberus Cyber ​​Sentinel Corp.
Zscaler Inc.

Application security

SentinelOne Inc.
Cyberark Software Ltd.

Cybersecurity experts say the main concern is at the federal level, even if individual Americans may be threatened. They show that the most vulnerable groups are nonprofits and lack the funds to invest in cybersecurity.

By AJ Fabino

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