Inside HACK: The Sought-After Cyber Security ETF - ETF News And Commentary

[InfoSec News <alerts () infosecnews org>]

https://finance.yahoo.com/news/inside-hack-sought-cyber-security-180006948.html

By Sweta Killa
Zacks.com
Jan 20, 2015

The cyber security industry has gained immense popularity in recent years 
and is the fastest-growing corner of the broad technology space. This is 
because cyber-attacks on enterprises and government agencies are 
widespread with growing Internet usage, raising the need for more 
stringent cyber security from hackers.

Hacking has become more sophisticated, dangerous and harder for companies 
(and even governments) to stop. According to the report from the Global 
State of Information Security Survey 2015, cyber attacks across the globe 
have risen about 66% over the past five years and 48% from 2013. Some of 
the well-known companies in the recent spate of data breaches include 
Target (TGT), eBay (EBAY), Home Depot (HD), AT&T (T) and JPMorgan Chase 
(JPM).

The situation will likely to worsen in 2015, as hackers will continue to 
adopt advanced techniques and strategies to infiltrate networks hiding 
their tracks (read: PureFunds to Stop Hackers with This Cyber Security 
ETF).


Solid Long-Term Prospects

As per McAfee, cyber-warfare and espionage attacks are expected to 
increase in frequency. Attacks on Internet of Things (IoT) devices will 
rise rapidly due to whopping growth in the number of connected objects, 
poor security and the high value of data on IoT devices. And new mobile 
technologies will allow more mobile attacks.

[...]



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