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Dear Fellow Investor,
Despite all of the warnings to prepare, major companies, governments, schools, and cities are still greatly unprepared for cyberattacks.
Ticketmaster was just breached, with hackers putting 500 million users' information up for sale online. As noted by TechRadar.com:
"A report from Hackread claims a group known as ShinyHunters published a 1.3TB database of compromised customer data on the newly-reopened BreachForums criminal site."
"The database contained sensitive information on 560 million users, including payment data, but also containing people's names, postal addresses, email addresses, phone numbers, ticket sales and event details, order information, and even partial payment card data, for sale. The partial payment card data includes cardholder names, the last four digits of the cards, expiration dates, and some customer fraud details," they added.
For companies to be so poorly prepared for cyberattacks is a bit ridiculous.
And until the world takes threats far more seriously, news of attacks will continue to fuel upside in stocks, like Palo Alto Networks (SYM: PANW) and Fortinet (SYM: FTNT), and ETFs such as:
ETF: Global X Cybersecurity ETF (SYM: BUG)
"The Global X Cybersecurity ETF (BUG) seeks to invest in companies that stand to potentially benefit from the increased adoption of cybersecurity technology, such as those whose principal business is in the development and management of security protocols preventing intrusion and attacks to systems, networks, applications, computers, and mobile devices," says Global X.
InvestorPlace
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ETF: iShares Cybersecurity and Tech ETF (SYM: IHAK)
According to iShares, "The iShares Cybersecurity and Tech ETF seeks to track the investment results of an index composed of developed and emerging market companies involved in cyber security and technology, including cyber security hardware, software, products, and services."
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Do you have your eye on any cyber-security stocks or ETFs we might have missed? Hit "reply" to this email and let us know!
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