(CRWD), Cyber-Ark Software (NASDAQ:CYBR) - Analyst Raises Cybersecurity Stock Targets Following Massive Russian Hack
Share: Last week, Russian hackers gained access to the U.S. Treasury and other government agencies and major U.S. enterprises via a breach of SolarWinds Corp (NYSE: SWI)’s Orion network monitoring product. Some experts have called the attack one of the worst in U.S. history, but Bank of America analyst Tal Liani said Tuesday it could also create an opportunity for cybersecurity stocks. “In our view, the breach underscores the importance of continued cyber security investment and should drive continued spending acceleration in 2021,” Liani wrote in a note. Following the attack, the U.S...
Source: benzinga.com
