
Cybersecurity Sector Update - August 2025
21 Aug 2025Cybersecurity has remained one of the most resilient and attractive segments of technology over the past 12 months. Despite a challenging macro backdrop, investor appetite has stayed strong, with M&A activity rising by 26% year-on-year and close to 550 deals recorded. The ICON Cyber Index of publicly listed cybersecurity firms has reached an all-time high, underpinned by equity gains across leaders such as Cloudflare (+136%), Zscaler (+63%) and CrowdStrike (+33%).
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