Summary
- Many of the more innovative cybersecurity companies operate using the Software-as-a-Service business model that has been popularized in the cloud computing space.
- A statistic widely discussed in the information technology and chief information security officer space is that around 7%–10% of IT spending should be dedicated to cybersecurity.
- 2022 has been a difficult year for the performance of many Software-as-a-Service stocks, and those within cybersecurity have been no exception.
For further details see:
In A Bleak Market For Growth Stocks, Cybersecurity Could Be A Future Bright Spot