Cybersecurity stocks are on the rise and investors should be watching closely. While it may be premature to call 2022 the Year of the Cybersecurity Penny Stock, it is worth mentioning that many of these smaller firms are having, what some would consider, their day in the sun.
Global tensions are mounting around the threats of cyber warfare as homes, businesses, and all levels of government find themselves in the crosshairs of bad actors, hackers, and foreign adversaries. Even the most seemingly benign threat could create catastrophic ripples expanding deep into servers, networks, and large data and operations centers. How are business and elected leaders fighting back? A key component of cybersecurity strategy comes from employing products, services, and innovations from comparatively small cybersecurity and tech firms.
This article gives brief insights into the most recent news of five such firms who are finding success areas like:
* Communication and data management
* Robotics as a Service (RAAS)
* Threat detection and collective defense strategies
* Personal emergency response systems (PERS)
* Identity as a service (IAAS)
"We are thrilled to see the growth in subscriber rates as this is a key measure of our success. We do expect to continue to see increases in subscriber rates over the coming months and years, especially as we market our new SekurMail email service and our new Sekur business plans for securing businesses' emails and messaging communications globally. With over 30 million businesses to target in the
SWISF is currently trading at
Investors should at least keep an eye on this stock as it seems poised to build on the growth it experienced in Q1. What will Q2 bring?
At the end of the trading day Tuesday, GFAI was trading at
Iron Net (NASDAQ: IRNT) made news earlier in March with updates to its biggest product. In McLean, Virgina, Iron Net (NASDAQ: IRNT), a cybersecurity company focused on enterprise-wide security, announced updates and enhancements to his premier threat detection platform Collective Defense. The platform provides a unique and possibly more effective method of threat detection by focusing on how threats and users behave. Iron Net's (NASDAQ: IRNT) website describes as "Through faster sharing of behavioral analytics, signature-based, and human threat insights, organizations collaborating via Collective Defense can more effectively spot malicious activity and greatly reduce attacker dwell time to mitigate threats before damage occurs."
According to a press release from the company, the upgrades focused on three primary areas:
* Increasing alert fidelity
* Protecting managed and unmanaged devices from malware, ransomware, and advanced persistent threats (APTs)
* protecting managed and unmanaged devices from malware, ransomware, and advanced persistent threats (APTs)
At closing bell, IRNT was trading at
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Leadership in any firm is important, but when talking about IT and cybersecurity, having an expert and familiar face within the industry can do wonders both for a firm's position with investors and, more importantly, its ability to compete in the market. For Louisville-based
LGMK focuses on PERS devices which allow seniors to live at home longer and more independently. We are in an unprecedented age of healthcare, self-care, and social connectedness, all of which play a positive role in keeping folks healthier longer. As more and more seniors choose home over facilities, LGMK is finding opportunities to serve its target market.
LGMK closed out the day trading at
Ending 2021 with revenues of
On the heels of the news of its increased revenue,
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