Why Cybersecurity is One of the Best Investments You Can Make Right Now

Email

Cyber Security

For months now, we've been harping to our readers about why cybersecurity is one of the absolute best investments you can get involved with right now.

Now the rest of the financial media is catching on.

This weekend, Barron's profiled cybersecurity investing, detailing why it's one of the hottest sub-sectors of 2013.

That means cybersecurity investors are closer to realizing huge gains as more investors pile in to these stocks.

Take a look at these shocking numbers and you'll understand why this industry is exploding with profit potential:

American Businesses Under Fire

Currently, hackers are stealing around $250 billion a year in intellectual property.

Homeland Security reported a 68% increase in cyberattacks at federal agencies, critical infrastructure, and government partners.

According to Internet security firm Symantec, attacks on companies rose 42% in 2012.

Gen. Keith Alexander, Director of the National Security Agency, describes these attacks as "the greatest wealth transfer in history."

According to tech research firm Gartner, corporations are projected to spend $67 billion in information security this year. Security spending will increase by around 39%, to $93 billion, in 2017.

Frank Cilluffo, director of George Washington University's Homeland Security Policy Institute, told FOX Business, "Clearly, people are now paying attention. Cybersecurity is no longer a footnote in the needs of supporting a business end-to-end."

In fact, Gartner approximates that 80% of the world's 2,000 largest companies will report security preparation to their boards over the next year.

Despite spending cuts, the U.S. government is beefing up spending in cybersecurity measures.

David Burg, head of PwC's cybersecurity practice, sums it up well to Barron's: "There is a major evolution, with companies moving beyond a baseline of complying with regulation to those looking at cybersecurity as a competitive advantage."

This rapidly developing industry is making cybersecurity absolutely ripe for the harvest for investors. In the words of Rob Owens, head of Pacific Crest Securities:

"I can't point to anything with a better secular backdrop than security right now, given the rate of technological change and the impact of mobile and applications on security."

This is precisely why we've wanted our readers to take advantage of cybersecurity – it's one of the best investments you can make right now.

And it's not too late for you to take advantage; here's how…

Join the conversation. Click here to jump to comments…

Leave a Reply

Your email address will not be published. Required fields are marked *


+ 2 = five

Some HTML is OK