- There has been a higher level of activity among IT Security plays during the last week in the stock market.
- This follows the hacking of SolarWinds' network management software and using the breach to target Microsoft, among others.
- While it is FireEye, an IT security company, that played a vital role in detection of the attack, Fortinet seems particularly well positioned to benefit from adoption of preventive measures.
- In addition to technical ability, the company exhibits favorable financial metrics.
- Making a parallel with the coronavirus, there should also be gains across the whole IT security space as the list of impacted companies grows.
For further details see:
Fortinet Should Benefit From The SolarWinds-Microsoft Hack