Dakuku
- RSA Conference 2024, the world's largest cybersecurity event, opens today and runs through Thursday at the Moscone Center in San Francisco.
- Throughout the week, Wedbush analysts consider several key cybersecurity topics, including vendor consolidation, the pricing environment, and how to do it. New SEC reporting requirements are impacting providers and the incorporation of artificial intelligence into cybersecurity platforms.
- “While there have been some soft spots in the cybersecurity landscape over the past few quarters, the need to protect cloud workloads/data remains one of CIOs’ top priorities in today’s climate. , we believe overall growth in this sector appears robust,'' Wedbush's Daniel Ives and colleagues said in a note Monday.
- “We also believe that M&A will be a key theme for the cybersecurity industry this year, as consolidation themes are expected to develop among strategic and financial stakeholders,” they added.
- Wedbush's favorite cybersecurity companies include Zscaler (NASDAQ:ZS), Crowdstrike (NASDAQ:CRWD), Palo Alto Networks (NASDAQ:PANW), CyberArk (CYBR), Check Point (CHKP), Okta (OKTA).
- Now in its 33rd year, the RSA Conference brings together the world's top cybersecurity companies and government and business leaders.
