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After a string of high-profile incidents, the sale of Australia’s largest listed cybersecurity company, Tesserent (ASX:TNT) to French multinational Thales is a reminder of the value in carefully selected small cap stocks.
The Federal Government announced a push to target cybercrime with $748 million to be spent in new initiatives and an expanded security workforce. The announcement came following a targeted cyber-attack on all levels of Government, industry, political organisations, education, health, essential service providers, and operators of other critical infrastructure. The cyber threat was from a…