Double Your Money and Fight Cybercrime With This Hot Tech Stock

In today's burgeoning digital world, thwarting cybercrimes is big business.

It's easy to see why: Cybercrime has shot up by 600% during the pandemic, according to the United Nations. Last year alone, the total worldwide costs to individuals and businesses were estimated at $6 trillion.

Fortune Business Insights predicts the cyber security market will more than double by 2028 to $366 billion.

Those estimates could be conservative, however, because of where the lion's share of cybercrime originates.

You guessed it: Russia.

A recent Barron's article said, "European intelligence officials estimate that there are at least 20 Russian criminal groups with hacking abilities better than most countries. Russian intelligence services, persistent, skilled, and well-resourced, are also adept at hacking and have close connections with cybercriminals."

As tensions between Russia and the West ramp up, Putin has every incentive to look the other way as Russia-based cybercriminals create chaos, and it's not hard to imagine a world in which he wages war on the digital front as well as the physical one.

Fortunately, there are plenty of smart companies out there working on cybersecurity solutions for individuals and businesses. And one of them, a savvy leader in the field, has incredible potential to make money for tech investors.

It already has over 39,000 organizations using its platform, including HP Inc, Anheuser Busch InBev SA, state agencies, and even the Boston Red Sox.

And it's on pace to double its earnings in less than three years.