Rapid digitization and increasing online activities have increased users’ exposure to data breaches and large-scale cyberattacks. This has fostered a rising need for advanced cybersecurity solutions, and the consequent investments in the sector are driving the cybersecurity industry’s growth. Rapid7 (NASDAQ) and Qualys have been benefited by this environment. What stock do you think is better? You can read more about Qualys, Inc. and Rapid7, Inc. RPD is a Massachusetts-based company that focuses its Insight platform on security data advancement. This includes visibility, analytics and automation. RPD also offers technical assessments, certification consulting and cybersecurity audit. QLYS is located in Redwood, (NYSE:) City. It operates Qualys Cloud Platform. This platform provides IT security risk management and compliance solutions to enable organisations to detect security threats to their IT infrastructures, and to prevent them from being attacked. Through direct sales and partnerships, both companies provide services to the media, technology, finance, healthcare and education industries.

Globally, governments and businesses are increasingly looking for cost-effective and advanced cybersecurity solutions due to the increasing use of penetration tools in cyberattacks.

Investor interest in this space is evident in the Global X Cybersecurity ETF’s (BUG) 13% gains versus the SPDR S&P 500 Trust ETF’s (SPY) 7.1% returns over the past month. Global cybersecurity is predicted to expand at a 12.5% CAGR, reaching $366.10 trillion by 2028. Both RPD as well as QLYS will benefit.

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