Advancing Technology Helps Propel Cybersecurity to New Heights
FinancialBuzz.com News Commentary
NEW YORK, Dec. 18, 2020 /PRNewswire/ -- Cybersecurity is a major industry with a largely untapped growth potential. The recent surge of data breaches, business and agency hacks as well an international scandal revolving around an unlawful access of new vaccine data are just some of the reminders of how fragile our information infrastructure is. In response to the hack attack on the European Medicines Agency, the European Union on Wednesday unveiled plans to upgrade the 27-nation bloc's dated cybersecurity rules. According to a report by the Associated Press, last year the E.U. recorded around 450 cyber incidents involving European infrastructure, notably in the financial and energy sectors, and the pandemic has highlighted Europe's deep dependence on the internet and further exposed security weaknesses. "The time of innocence is over. We know that we are a target," Commission Vice-President Margaritis Schinas told reporters. "We need to modernize, reinforce, and adapt." Plurilock Security Inc. (TSX-V: PLUR) (OTC: PLCKF), Mimecast Limited (NASDAQ: MIME), Zscaler, Inc. (NASDAQ: ZS), Fortinet, Inc. (NASDAQ: FTNT), CrowdStrike Holdings, Inc. (NASDAQ: CRWD)