In this paper, equity strategist Mike Halloran (CFA) provides the rationale for cybersecurity investing and includes representative companies and ETFs.
- Cybersecurity has become a top priority for companies and governments worldwide.
- Cyber attacks have increased and spending on cybersecurity has risen along with them.
- Network security, identity and access management, and automation are among many areas where spending will remain prevalent in the coming years, creating opportunities for investors.
Cybersecurity is the practice of defending computers, servers, mobile devices, electronic systems, networks, and data from malicious attacks. With the continuous advancement of corporate and personal communication systems, and massive data generation, the need for cybersecurity is evolving and growing rapidly.