Call us now:
Never let it be said cybersecurity is not a profitable business. Its just not profitable for the companies. With M&A and stock based compensation being a probable cause for the possess. Crowdstrike is an interesting example reporting losses totalling $375 million for its past three fiscal years, but its annual growth rate hit 81% or higher in each of those periods. CrowdStrike reported $874 million in revenue for the 2021 fiscal year.
In a market that has considerable growth ahead of it, as cyber continues to be a significant problem. At what point does the market burst and will investors be the ones to feel the pain? There comes a point when someone has to ask who is funding growth?
The difference between growth and profitability may come into sharp focus if markets do not see a return.
Ted Dziekanowski Brian McCarthy Jason Spezzano
#ransomware‚Â #fisma‚Â #ofac‚Â #theaugustagroup‚Â #theaugustaplan‚Â #cybersecurity‚Â #supplychainriskmanagement‚Â #cyberriskmanagement‚Â #compliance‚Â #regulatorycompliance‚Â #regulatoryoversight‚Â #esg‚Â #scrm‚Â #cscrm‚Â #fca‚Â #cybercompliance‚Â #cyberregulation‚Â #cybergovernance‚Â #falseclaimsact #afcea #afceacyber #aws
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