Throughout the daily news, we often run across stories of hackers stealing money electronically, or breaking into a database and lifting important information. If it was not for the companies that develop cybersecurity products, such kinds of stories may make headlines more often. In fact, in the era where IT is involved in essentially every aspect of our day-to-day lives, players like General Dynamics Corporation (NYSE:GD), EMC Corporation (NYSE:EMC), and Raytheon Company (NYSE:RTN) are generating solid revenues, and can be grouped together accordingly.
For example, in EMC's quarterly financial report, it was revealed that the company earned about $232,300 from its RSA information security business, 12% higher than a year earlier. You may visit Insider Monkey regarding the full article of hedge funds' 10 favorite cybersecurity players.
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