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Cloud Security Replacing Cybersecurity Industry, Says Analyst

Legacy cybersecurity products appear to be on the decline, says Investopedia report. Analysts predict slow corporate IT spending as the cybersecurity industry moves over to cloud computing. However, some industry giants are well-positioned to ride out the spending shift, says the report. Cybersecurity stocks are currently subjected to bouts of volatility but the upcoming earnings season will make things clearer, it says. The report says some companies have made moves into the cloud-based security market and teamed up with cloud providers.”]

Source: https://www.darkreading.com/cloud/cloud-security-replacing-cybersecurity-industry-says-analyst

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