Cybersecurity companies like Qualys and Varonis Systems are benefiting from the rising demand for security solutions. With the increase in remote work and digital transformations, the need for secure networks and cloud-based applications has surged, boosting the industry. However, slowing global economy and geopolitical tensions may cause organisations to cut back on big IT investments. Also, elevated operating expenses linked to hiring and marketing strategies may strain margins.
T-Mobile pays $16 million fine for three years’ worth of data breaches
T-Mobile has agreed to pay a $15.75 million fine and improve its security in a settlement over a series of data breaches over three years
