Sekur Private Data Ltd (SWISF)

[TheVeteran]

Wedbush senior tech analyst Dan Ives says cybersecurity spending will increase by 20% in 2021 as more companies ramp up protection following the SolarWinds hack that compromised state agencies and corporations including Microsoft.

“We believe there is a $200 billion dollar growth opportunity in cloud security ‘up for grabs’ over the next five years for those vendors that have the solution sets to protect critical cloud deployments and seamlessly work with on premise and public/ hybrid workloads through a unified and deep solution set,” Ives said.