Never let it be said cybersecurity is not a profitable business.

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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‚ #fisma‚ #ofac‚ #theaugustagroup‚ #theaugustaplan‚ #cybersecurity‚ #supplychainriskmanagement‚ #cyberriskmanagement‚ #compliance‚ #regulatorycompliance‚ #regulatoryoversight‚ #esg‚ #scrm‚ #cscrm‚ #fca‚ #cybercompliance‚ #cyberregulation‚ #cybergovernance‚ #falseclaimsact #afcea #afceacyber #aws

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Cybersecurity, Governance & ESG, Regulation & Compliance

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