What is the Google data collection lawsuit about?

The Google lawsuit referenced in this theme involved a California jury finding Google liable for improperly collecting cellular data from Android users without proper consent. The court ruled that Google violated user rights for its own benefit, resulting in a $314 million penalty. This case is significant because it represents one of the first major successful legal actions against a tech giant for data privacy violations, potentially setting a precedent for future cases.

What is "Zero-Trust" architecture?

Zero-Trust architecture is a security concept that assumes no user or device should be automatically trusted, whether inside or outside a network. Instead of the traditional approach where users inside a network were implicitly trusted, Zero-Trust requires verification for everyone trying to access resources, regardless of their location. This approach includes strict identity verification, limited access controls, and continuous monitoring—making it particularly relevant for preventing unauthorized data collection like what occurred in the Google case.

What is privileged access management?

Privileged access management (PAM) is a security strategy that protects an organization's most sensitive accounts and systems by controlling, monitoring, and securing access to critical assets. It focuses on managing accounts with elevated permissions (like administrator accounts) that could potentially access sensitive data or make system-wide changes. As companies tighten data controls following Google's lawsuit, PAM solutions become crucial for preventing internal data misuse and ensuring only properly authorized users can access sensitive information.

How might the Google legal precedent affect other companies?

The Google verdict sets a significant legal precedent that could impact all companies that collect user data. Other businesses may now face increased scrutiny over their data collection practices, potentially leading to similar lawsuits. To avoid financial penalties and reputational damage, companies will likely need to review and strengthen their data privacy policies, implement more transparent consent mechanisms, and invest in technologies that ensure compliance with evolving privacy standards. This creates a growth opportunity for the security and privacy companies featured in this theme.

What is endpoint security?

Endpoint security refers to protecting computer networks that are remotely connected to devices (known as "endpoints") like laptops, tablets, mobile phones, and other wireless devices. Companies like CrowdStrike specialize in this area, offering protection against malware, unauthorized access, and data theft. In the context of data privacy violations like Google's case, endpoint security becomes crucial because it helps prevent unauthorized data collection from individual devices, ensuring that information is only transmitted with proper authorization and consent.

14 handpicked stocks

Digital Trust & Transparency

Invest in companies poised to benefit as the tech industry faces stricter data privacy enforcement. Following Google's landmark lawsuit, these securities represent businesses providing essential digital security, privacy solutions, and transparent data handling technologies.

Han Tan | Market Analyst

Published on July 2

Top Picks from This Group

Here are a few of the assets in this group. Create an account to unlock the full list.

CyberArk Software, Ltd.

CYBR

Current price

$495.01

As companies tighten data controls to avoid liability, CyberArk's privileged access management solutions become critical for preventing internal data ...

As companies tighten data controls to avoid liability, CyberArk's privileged access management solutions become critical for preventing internal data misuse.

CrowdStrike Holdings, Inc.

CRWD

Current price

$496.80

CrowdStrike's cloud-native platform secures endpoints and cloud workloads, which is essential for protecting against the kind of unauthorized data tra...

CrowdStrike's cloud-native platform secures endpoints and cloud workloads, which is essential for protecting against the kind of unauthorized data transfers seen in the Google case.

Palo Alto Networks, Inc.

PANW

Current price

$208.50

This enterprise cybersecurity leader is set to benefit from increased corporate spending on network security and firewalls to monitor and block unauth...

This enterprise cybersecurity leader is set to benefit from increased corporate spending on network security and firewalls to monitor and block unauthorized data collection.

Zscaler, Inc.

Current price

$307.58

Fortinet Inc.

FTNT

Current price

$85.99

Check Point Software Technologies Ltd.

CHKP

Current price

$205.50

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12 Month Growth Potential

Use the growth calculator to see how much investing in these assets could return over one year, based on aggregated analyst sentiment provided by Refinitive Ltd.

If you invested across these assets:

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In 12 months it might be worth:

$1,000.00

+33.88%

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About This Group of Stocks

Our Expert Thinking

This collection focuses on companies that address the growing need for digital trust following Google's $314 million penalty for improper data collection. As legal precedents shift toward stricter data privacy enforcement, these companies offer solutions to help businesses avoid similar liability and adapt to a changing regulatory landscape.

What You Need to Know

Companies in this group range from established cybersecurity providers to specialized firms offering privileged access management, zero-trust architecture, and identity protection. Their common thread is providing technologies that enable transparent, compliant data handling—a growing priority as consumers and regulators demand greater control over personal information.

Why These Stocks

These companies were specifically selected because their products and services directly address the vulnerabilities highlighted by the Google verdict. As organizations increase spending on security infrastructure to avoid financial and regulatory risks, these firms are strategically positioned to benefit from this long-term structural trend toward enhanced data governance.

Group Performance Snapshot

33.88%

Average 12 Month Profit

On average, analysts expect assets in this group to grow 33.88% over the next year.

13 of 14

Stocks Rated Buy by Analysts

13 of 14 assets in this group are rated Buy by professional analysts.

2.5%

Group Growth

This group averaged a 2.5% return last month.

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

Why You'll Want to Watch These Stocks

🔐

The $314 Million Wake-Up Call

Google's landmark penalty signals a new era of enforcement that could reshape how businesses handle data. Companies offering privacy solutions are now at the forefront of a potentially massive market shift.

💼

Corporate Spending Surge

To avoid similar penalties, businesses are ramping up investment in security and compliance technologies. This creates a significant growth opportunity for companies in this group as demand intensifies.

🌐

A Long-Term Digital Revolution

Data privacy isn't just a passing concern—it's becoming fundamental to business operations. These stocks represent companies building the infrastructure for a more secure and transparent digital future.

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