A single company will not monopolize security of the internet - it's too big and too complex - but I do think a broad index of companies building the "immune system of the internet" can benefit from this trend.
Supporting this trend are:
- continued political cyber warfare & allegations https://lawfareblog.com/more-thoughts-dn...
- the release of CIA Hacking Tools ("zero day" exploits etc.) https://wikileaks.org/ciav7p1/
- Hospital ransomware attacks - speaking to someone working in hospital data - hackers taking control of hospital data and holding it as ransom is more common than many of us are aware of. "The Federal Bureau of Investigation (FBI) reported a fourfold increase in ransomware attacks from 2015 to 2016. Those attacks resulted in a total of $1 billion being paid to hackers, the FBI said." https://medlineplus.gov/news/fullstory_1...
The and perspective:
Two cybersecurity ETFs $HACK & $CIBR have been trending in a since 2015 and 2016 respectively, after tracing out a clear corrective patterns on long-term charts.
The two primary counts suggest further fifth wave upside at Intermediate or Minor degree.
The leading count is in red on the $HACK chart and depicted on the CIBR chart. Wave 3 is extended and wave 5 has begun tracing out the initial first and second waves.
The alternative count in blue on the $HACK charts illustrates an extended fifth wave in which Minute waves ((i)) and ((ii)) are complete and the initial first and second waves of wave ((iii)) of 5 are near complete suggesting a (iii) of ((iii)) of 5 spike is possible soon. $31.50 - $32.00 would be the first target zone.
on $HACK is just shy of territory and has been trending with lower highs since February 2016.
on $CIBR is trending up with higher highs suggest there is building strength for further upside.
U.S. authorities are investigating a cyber intrusion affecting multiple nuclear power generation sites this year...code named "Nuclear 17." https://www.eenews.net/stories/106005662...
1 week ago - Unsecured Amazon server leaks details of 198 million American voters https://betanews.com/2017/06/19/largest-...