Ranjit Thomas, author at Seeking Alpha, discusses cybersecurity company Check Point Software as his "Idea of the Month."
Thomas talks about the products Check Point makes that help companies protect their data. He highlights the importance of security software in a world where hacking has become more regular. However, he doesn't recommend buying right after a hack.
He notes that Check Point's technology is mostly used by enterprises and data centers.
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The Russian company said in a statement that the Commerce Department's decision would not affect its ability to sell its cybersecurity products in the U.S.
