The surge in cybercrime has created a massive $230 billion industry in cybersecurity - one that is set to grow exponentially over the next several years. In fact, a report from Cybersecurity Ventures estimates that spending to combat cybercrime could reach $1 trillion by 2021. With such impressive growth on the horizon, we're incredibly excited about the profit potential of this market over the next several years. That's why's we're bringing you the best cybersecurity stock to buy in 2018.
The surge in cybercrime has created a massive $230 billion industry in cybersecurity - one that is set to grow exponentially over the next several years. In fact, a report from Cybersecurity Ventures estimates that spending to combat cybercrime could reach $1 trillion by 2021. With such impressive growth on the horizon, we're incredibly excited about the profit potential of this market over the next several years. That's why's we're bringing you the best cybersecurity stock to buy in 2018.
The top cybersecurity stocks to watch for December need to be on every investor's radar, as the industry experiences unstoppable growth caused by increasingly frequent cybercrime.
Plus, we'll give you the name of the one stock to buy that's currently dominating the industry.
Spending on cybersecurity is expected to exceed $1 trillion through 2021, according to Cybersecurity Ventures.
That's up from $39.5 billion in 2013, an increase of 532% on an annual basis.
Here are the five top cybersecurity stocks to watch for December...
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This recently leaked email provides a window into the relationship between the Democrats and Wall Street lobbyists.
Here's how big banks get special treatment...
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Most investors don't give a second thought to the dangers of data theft - but they should.
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Many investors really start to study the markets this time of year in an effort to divine what's next for global markets and, by implication, their portfolios.
But for an accurate financial forecast, I turn to the world's top steak houses, which are known haunts for global traders anxious to blow off some steam and have a fabulous meal.
Today I'm going to talk about what's not"on the menu" - pardon the pun - and why. Then, I'll highlight an investment poised for profits as a result.
Here's what waiters can tell you that economics can't.
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Last week, a specific event triggered an entry point in the cybersecurity industry that will cost the world's economy $575 billion this year alone.
And, as usual, I've got two suggestions for you that could lead to big profits.
Here's your entry to play the global economy's $575 billion challenge...
In fiscal year 2015, the federal budget is $3.8 trillion.
When you look at a number like that, a $133 million award sounds insignificant.
But the focus of that spending is going to be life-changing for tech investors...
Most investors don't even realize it's a huge player here...
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The New York Stock Exchange's meltdown on Wednesday shows how fragile our financial infrastructure is. But it also shows how canny investors can position themselves to profit from that fragility.
The NYSE, a unit of the Intercontinental Exchange (NYSE: ICE), shut down at 11:32 AM ET, and was offline until after 3:00 PM ET.
Frankly, it was scary to see the NYSE - the ideal of exchanges for a decade - melt down.
Good morning! In stock market news today, Friday, June 5, U.S. stock futures forecasted a 38-point decline from yesterday's close.
A cyberattack on the data of four million federal employees across nearly every government agency was announced by U.S. officials late Thursday. Additionally, the May jobs report is in focus in today's trading session.
Here are the top stories in stock market news today...
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One of the biggest cyberattacks ever happened to the State Dept. recently. And it made national news.
But not every cyberattack breaks headlines. Do you know how vulnerable you are to a cyberattack?
U.S. President Barack Obama doubled-down on his fight against cyberterrorism last week - which means he also delivered 2015's second major "buy" signal for cybersecurity stocks.
The first signal was in early February. That's when President Obama requested $14 billion in his 2016 fiscal-year budget for increased cyber defense. Roughly $5.5 billion of that is requested just for the Pentagon.
"In recent breaches, more than 100 million Americans had their personal data compromised, including, in some cases, credit card information," President Obama said.
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Tax refund fraud 2015: Americans, in total, spend 6 billion hours a year doing their taxes. They do it because it's a requirement - but also because it's a lifeline. For 70% of Americans, the tax refund is the biggest paycheck they'll receive all year.
Tax refund fraud, which has tripled in the last three years, threatens to take that lifeline away now more than ever. Currently, a little over $5 billion is lost every year to tax fraud according to Government Accountability Office (GAO) estimates. From 2013 to 2014, the number of people who identified themselves as tax fraud victims jumped by 36%. Already this year, 19 states' tax authorities reported high volumes of fraudulent returns.
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Cybersecurity news: This was just what the 29 million customers of tax preparation software TurboTax feared most - a fraud alert.
On Feb. 6 TurboTax, a unit of Intuit Inc. (Nasdaq: INTU), was forced to suspend its processing of state tax returns for 24 hours. In the preceding days Intuit and 19 states had noticed a spike in fraudulent state tax returns.
It means taxpayers need to get a lot more proactive about cybersecurity.
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When President Barack Obama started talking about "net neutrality" this month, it set off an instant public debate.
But what is net neutrality?
In short, net neutrality is the idea that all Internet traffic should be treated equally. In other words, traffic from one website should not get preference over another. And no website should have its traffic "throttled" - its speed cut back - for any reason.
To get a better idea of what net neutrality all about, take a look at this infographic...
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The Home Depot data breach is huge, and yet the general public seems frustratingly unconcerned about it.
Who should worry about data breaches? Everyone. You as an individual are at risk. Your bank account is at risk. Your credit is at risk. You're at risk in ways you never thought about.
We can't afford to ignore this threat any longer...
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