New York: It’s now clear that cyber attacks are a fact of life for corporations and governments. As tends to happen when there is a highly public cyber attack, share prices of cyber security technology specialists such as Palo Alto Networks, Proofpoint and Fortinet climbed. But even as computer attacks become more prevalent and damaging, they haven’t been a universal triumph for the cyber security industry. As a result, valuations of many onetime cyber security highfliers have come back from the stratosphere as investors started to rethink their indiscriminate bets. But companies’ fear of hackers doesn’t erase the insecurity for the cyber security business.

Source: Mint May 16, 2017 04:30 UTC