The Rising Tide Of Cybersecurity Risk [Forbes]
Zscaler, Inc. (ZS)
Last zscaler, inc. earnings: 2/20 04:05 pm
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Source: Forbes
John F. Kennedy famously stated, “A rising tide lifts all boats” in the 1960s while promoting government infrastructure investment. The quote has been used in the political context for decades to support various views. While the analogy may work in macroeconomics, cybersecurity risk does not follow this paradigm. The reality is that even as organizations have invested more in technology and cybersecurity, global cyber threats have outpaced their efforts. This disparity between the threats and the defensive capabilities shows that the rising tide of risk is swamping more boats than it's lifting. The Growing Disparity Between IT Spending And Cyber Threats Forrester projects global IT spending to reach $4.7 trillion in 2024, a significant increase from previous years. Gartner, likewise, projects that spending on cybersecurity solutions will rise another 15.1% in 2025 . Despite this surge, the impact of cyberattacks is outstripping the protective measures that organizations put i
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- 9/3/24 - Beat
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Sec Filings
- 9/24/24 - Form 4/A
- 9/24/24 - Form 4
- 9/23/24 - Form 144
- ZS's page on the SEC website