Russia’s invasion of Ukraine has raised concerns about cyberattacks to a fever pitch. In the United States, banks and major corporations are reinforcing up their cybersecurity protocols in the anticipation of a greater number of hacking attempts.
“With the Ukraine conflict now front and center and poised to widen, we expect a surge of cybersecurity attacks from Russia state-sponsored organizations that could change the game for US/European enterprises and governments over the coming months,” Wedbush tech analyst Dan Ives said last week.
“With a significantly elevated level of cyberattacks now appearing on the horizon, we believe added growth tailwinds for the cybersecurity sector and well positioned vendors should be a focus sector for tech investors during this market turmoil,” the analyst added.
While no specific warning exists, the current geopolitical situation serves as a reminder that threats of war can extend beyond just land, sea and skies.
Cloud Based
Cyren Ltd. Palo Alto Networks Inc. Mandiant Inc. Crowdstrike Holdings Inc. Okta Inc.Critical Infrastructure
Data Storage Corp. Ironnet Inc. Fortinet Inc.Network Security
Cerberus Cyber Sentinel Corp. Zscaler Inc.Application Security
SentinelOne Inc. Cyberark Software Ltd.Cybersecurity experts say even though there could be threats to individual Americans, the main concern is at the federal level. They indicate the most vulnerable groups are non-profit organizations, which often lack the funding to invest in cybersecurity.
