Ukrtelecom, a Ukrainian telecommunications company, said it was hit with a cyberattack on Monday that sent the company’s services down across the entire country.
From his position as head of the Benzinga Pro newsdesk, Brent Slava is at the center of the news and uses his unique perspective to generate trading and investment ideas for Benzinga readers.
Russia’s invasion of Ukraine has raised concerns about cyberattacks to a fever pitch. In the United States, banks and major corporations are reinforcing up their cybersecurity protocols in the anticipation of a greater number of hacking attempts.
The cybersecurity sector showed signs of life on Feb. 24, as investors lifted the share prices of pivotal stocks in response to the full-scale invasion of Ukraine.
Today's 5 Stock Ideas (The All Cybersecurity Edition):
Traders have been moving through groups of momentum plays this and last week amid the volatility stemming from the violence in Ukraine.
Last week the play was