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Month: March 2020

RSA 2020 Recap: Cybersecurity Industry is Consolidating

Over thirty-six thousand cybersecurity professionals attended RSA in San Francisco last week, with a full roster of executive keynotes and four crowded expo floors. Although a few companies decided to not attend due to the coronavirus outbreak, such as IBM, AT&T and Verizon, there was certainly no shortage of vendors present. In fact, the biggest challenge for any public investor in cybersecurity stocks is sorting through an industry that is at peak saturation. As of 2018, there were over 1,200 cybersecurity companieswith up to 200 vendors competing in each layer. This leaves customers, such as Chief Information Security Officers (CISOs),…