Demand continues to grow for Tenable's expanding portfolio of cybersecurity solutions.
Enterprises are using artificial intelligence (AI) at an increasing rate, which is creating a new attack surface for hackers to exploit. AI-powered attacks are also on the rise, which calls for highly sophisticated cybersecurity solutions.
Palo Alto Networks and CrowdStrike lead the cybersecurity industry, but they aren't the only vendors experiencing a surge in demand for their products. Tenable ( TENB 3.45% ) is a specialist in vulnerability management, helping enterprises thwart the very threats posed by AI.
With a market capitalization of just $3.7 billion, Tenable is still a tiny player in the cybersecurity space. However, the company's operating results for the recent second quarter