Cybersecurity with Leonard Moodispaw, Chairman & CEO of KEYW

Chris Versace

Chris Versace is a financial columnist and equity analyst with more than 20 years of experience in the investment industry.
[networked computers]

Joining me today on PowerTalk is Leonard Moodispaw — chairman and CEO of KEYW Holding Corp. (KEYW), a publicly traded company that provides cybersecurity and geospatial intelligence solutions for U.S. government, intelligence and defense customers, as well as commercial enterprises.

As we move more and more of our lives into the digital frontier, we are exposed to a different set of risks. Whether you are a person, a business or a government, the way in which you need to secure yourself is far different than it was two to three years ago, let alone 20 years ago.

What I just described is the downside of my Always On, Always Connected PowerTrend.

Cyber attacks, including website and email hacking, malware infection and targeted denial of service, are being increasingly reported by private users and government departments.

How big of a threat is it?

Companies such as Google (GOOG), Twitter, Facebook (FB), Evernote and, recently, Adobe (ADBE) all have reported being hacked. In fact, Adobe announced it suffered a massive security breach which compromised the IDs, passwords and credit card information of nearly three million customers.

That’s pretty bad, but it gets worse.

As Verizon (VZ) noted in its 2013 Data Breach Investigation Report, it experienced more than 47,000 reported security incidents and 621 confirmed data breaches last year. Over the entire nine-year range of this study, that tally now exceeds 2,500 data breaches and 1.1 billion compromised records.

With that as a backdrop, does it come as a surprise that the Department of Homeland Security awarded a $6 billion contract to 17 companies to protect the government against cybersecurity threats?

Exclusive  This Fund Uses Data Science Techniques

That’s good news for KEYW. While its list of intelligence community customers may sound like a lot of alphabet soup, it’s important to realize that its clientele includes NSA, NRO, NGA, AGC and other agencies within the intelligence community and Department of Defense (DoD). Winning business from those customers and others led KEYW to deliver revenues of $240 million last year — that’s up substantially from the $39 million in revenue it achieved in 2009.

During our time together, Leonard and I talk about what’s going on in the cybersecurity market, how KEYW has been able to deliver that great revenue growth, a new KEYW product offering — HawkEye G, the industry’s first truly active defense solution to detect stealthy advanced threats — and more.

While KEYW may not be a mainstream name today, once you listen to today’s PowerTalk, I suspect you’ll want to know more about the company.

Listen to my behind-the-scenes PowerTalk conversation now, so you are even more in the know:

Access prior PowerTalk interviews here:

Trucking — the Lifeblood of the Economy with Chris Burruss, President of the Truckload Carriers Association

Where and How Reading is Going with Kobo CEO Mike Serbinis

Big Business and Potential Regulatory Costs with Lynn Liddle of Domino’s Pizza

Eyeing Wireless and Broadband Opportunities amid FCC Pain Points

The Opportunity in the Soon-to-be Electronic Medical Records Pain Point

Like This Article?
Now Get Mark's FREE Special Report:
3 Dividend Plays with Sky-High Returns

This newly-released report by a top-20 living economist details three investments that are your best bets for income and appreciation for the rest of the year and beyond.

Get Access to the Report, 100% FREE


img
previous article

The U.S. Treasury can avoid a debt default even if Congress fails to raise the government’s $16.7 trillion borrowing limit by Oct. 17 but it would put the United States on a path toward recession.

PREMIUM SERVICES FOR INVESTORS

Dr. Mark Skousen

Named one of the "Top 20 Living Economists," Dr. Skousen is a professional economist, investment expert, university professor, and author of more than 25 books.

Product Details

LEARN MORE HERE

Bryan Perry

A former Wall Street financial advisor with three decades' experience, Bryan Perry focuses his efforts on high-yield income investing and quick-hitting options plays.

Product Details

LEARN MORE HERE

Jim Woods

Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
numerous investment websites, Jim is the editor of:

Product Details

LEARN MORE HERE

Bob Carlson

Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.

Product Details

LEARN MORE HERE

Mike Turner

Mike Turner’s financial, mathematical, computer science and engineering background serves as the foundation for his disciplined, rules-based approach to trading. Mike’s three services include:

Product Details

LEARN MORE HERE

Hilary Kramer

Hilary Kramer is an investment analyst and portfolio manager with 30 years of experience on Wall Street. Since 2010, Hilary's financial publications have provided stock analysis and investment advice to her subscribers:

Product Details

LEARN MORE HERE

DividendInvestor.com

Used by financial advisors and individual investors all over the world, DividendInvestor.com is the premier provider and one-stop shop for dividend information and research.

Product Details

Popular tools include our proprietary Dividend Calendar, Dividend Calculator, Dividend Score Card, and many more.

LEARN MORE HERE