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“This is one of the only industries where massive failures act as massive catalysts, as hacks reinforce the need for security services,” mentioned Ryan Issakainen, senior vice chairman at First Trust Portfolios. “The budgets for cybersecurity spending are very likely to grow from here, and because you can’t just make a one-time investment, that growth is likely to be very durable and support companies who offer different services across the space,” he mentioned in a cellphone interview.



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