The Traderszone Network

Published in TZ Latest News 20 March, 2015 by The TZ Newswire Staff

Exclusive: Cyber IPO pipeline grows as data breaches boost security spending

NEW YORK/BOSTON (Reuters) – Rapid7, LogRhythm and Mimecast are joining a growing list of cybersecurity firms planning to go public in 2015 to capitalize on investor interest following a spate of hacker attacks, according to people familiar with the matter. Shares of publicly traded cybersecurity firms have outperformed the market in recent months, as high-profile data breaches at Sony Corp, JPMorgan Chase & Co and Anthem Inc prompt businesses to spend more to secure their computer networks.

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