Cybersecurity-mania subsides and ushers in a shakeout

There’s been no better magic word than “cybersecurity” to crack open technology investors’ wallets. Corporate executives feared their companies could be the next victim of embarrassing digital incursions, so they earmarked big budgets for technology defenses. The rising tide of cyberattacks lifted all the companies selling cyber life preservers. But now the cybersecurity industry has reached a critical crossroads. The industry’s relative newcomers are under pressure to prove they can be lasting winners or sell out as the fragmented industry gives way to consolidation. Members of the computer security old guard, meanwhile, are scrambling to remake themselves and reduce reliance on technologies like antivirus software that are out of step with modern hacking threats. Read More>>

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