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The bell weather in the networking industry tumbles after reporting weaker-than-expected guidance.
Cisco CEO Chuck Robbins said on the company's earnings call that a 'lack of budget visibility' from the federal government caused a slowdown in product orders during the third quarter.
He noted that many of the attacks you are seeing are because of computers are still using Windows XP.
Shares of many cybersecurity companies were already up strongly over the last 12 months.