Sunday, March 20, 2016

FireEye CEO sees slowing growth in 2016 cyber protection spending



FireEye Inc chief executive Dave DeWalt stated on Thursday he sees cyber protection spending growing at a discounted rate this 12 months after posting strong gains in 2015 amid a spate of high-profile cyber assaults.

He stated the industry's sales had been boosted ultimate yr with the aid of "emergency spending" following main breaches that precipitated some agencies to place big orders for cyber security generation.

"Now I see a miles greater normalized spending environment," he said in an interview ahead of the company's quarterly income call with analysts.

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