It seems every day we read or hear about some major invasion of privacy, digital identity theft or illegal access to financial accounts.
The business of ransomware on the dark web is huge, into the billions of dollars globally and getting bigger by the day. It’s a full-time job for governments, militaries and corporations to protect their data from being stolen by the hundreds of thousands of cyber criminals employed by China, Russia, North Korea and Iran.
Add the tens of thousands of rogue cyber pirates and the task of insulating one’s information in any of these categories is daunting. What’s really concerning is the rising level of sophistication cyber criminals have achieved in penetrating networks, private accounts and files. It’s actually scary to think how the advances in artificial intelligence will only empower these thieves even more as the war on the Web rages on like an out of control wildfire.
It’s a shadowy world filled with spies, hackers and top-secret digital weapons projects making cyber warfare an increasingly common and dangerous feature of international conflicts. But at present, the combination of an ongoing cyber warfare arms race and a lack of clear rules governing online conflict means there is a real risk that incidents could rapidly escalate out of control to where airports or power grids might be knocked out of commission.
There are numerous “what if” cyber warfare scenarios that could easily unfold from small incidents into widespread panic situations. What if stock prices start to tank as hackers alter data flowing into the stock exchange? What if trains stop running or can’t be slowed to a stop? What if all the traffic lights in New York City are controlled to be out of sync, causing hundreds of fatal accidents? Or, God forbid, what if hackers open dam floodgates on a low-lying town?
Basically, it wouldn’t take long for the United States to experience gridlock and chaos at the local, regional and national level. For these and a plethora of other reasons, governments, corporations and private citizens are spending hundreds of billions of dollars to fight cyber warfare. Fortunately, investors can be active in not just spending the energy and money to protect their online assets, they can own those companies that trade on the exchanges that are printing incredible profits from the war of cyber crime.
The all-encompassing topic of defending against cyber warfare is multi-layered and incredibly extensive, but is also one of the most compelling investment themes available to investors for 2019 and beyond. I’ve been working with a few of the leading cyber security stocks within my Quick Income Trader advisory service for capital gains and also for generating fantastic option income using covered-call and naked-put strategies.
To learn more about how to profit from and dramatically increase your portfolio income, click here and take a tour of Quick Income Trader today to make trading cyber-security stocks an integral part of your trading acumen.
Editor, Quick Income Trader
P.S. Be sure to join me on Thursday, March 28, for my free online event, the Cyber Security Investment Summit. I’ll be joined by one of the country’s leading cyber security experts, Ernie Edmonds. Ernie and I will be sharing a number of alarming insights into today’s cyber attacks, along with three under-the-radar companies on the front lines of these wars. Click here to reserve your online spot at the Cyber Security Investment Summit.