The world has got connected through the internet in an unprecedented way over the course of the past few decades and it is expected to grow even more connected as the years go by. However, that is also going to lead to the growth of cybersecurity issues. In 2021, cybersecurity damages totaled $6 trillion and that figure is only going to go up. Hence, it may be time for investors to consider taking a look at some undervalued cybersecurity stocks at this point in time. These are stocks that could provide considerable long-term value.
Zerify Inc (OTCMKTS: ZRFY) – Yesterday, the Zerify Inc stock suffered from a selloff but experts are expecting a bounce back today and hence, it may be a good time to take a look at this stock. It is a cybersecurity company that has been in existence for more than two decades and was previously known as StrikeForce Technologies Inc.
Back on August 1, the company was in the news after it announced that it was going to start trading under its new ticker symbol ZRFY. It could be a good idea to keep an eye on the stock today.
Safe-T Group Ltd (NASDAQ:SFET) – The next one that may be worth looking into is Safe-T Group Ltd, which is a worldwide privacy and cybersecurity solutions provider.
The company had been in the news yesterday after it announced that it had managed to secure strategic funding to the tune of $4 million to fuel the growth of its consumer privacy solutions products and also for acquiring new customers. The funding round in question was of a non-dilutive nature and that is something that may be seen as a positive by investors.
Signal Advance Inc (OTCMKTS:SIGL) stock could see a nice bounce after the recent sell-off. The company is engaged in engineering research and tech development spaces. The company is best known for providing the Signal Advance technology that helps in reducing signal deflection delays.
Sekur Private Data Ltd. (OTCQX:SWISF) (CSE: SKUR) (FRA: GDT0) – One of the companies that you may start looking into is Sekur Private Data Ltd. The stock has been consolidating over the past few sessions with a fall of 16% in a week. As per the stock screener, we may not be surprised if the stock sees a quick bounce from here on.
Epazz Inc (OTCMKTS: EPAZ) – Lastly, Epazz Inc may not be a pure-play cybersecurity solutions company but yesterday the company made a key announcement that may bring the stock into focus.
It had announced that in the fourth fiscal quarter of 2022 it was going to launch its a first Metaverse software program. The news may come as a positive for many investors and it now remains to be seen if the stock can manage to make an upward move or not.