Dusseldorf, San Francisco Investors who want to invest in growth markets in these times but shy away from defense or oil stocks will find what they are looking for in the cyber security segment. Analysts from Wedbush Securities expect a sharp increase in Russian cyber attacks. “Cybersecurity has never been more important than it is today,” said Kevin Mandia, CEO of cybersecurity firm Mandiant, at the South by Southwest (SXSW) digital conference.
The industry faces high investments as a result: The analysis house Marketsandmarkets expects global sales of cyber security to increase by almost 60 percent to 345 billion dollars by 2026.
In January, US President Joe Biden had already warned American authorities and agencies to convert their cyber security to Zero Trust architectures by 2025. This means that basically nobody and nothing is trusted, not outside but also not inside the network. Investors can jump on this trend with multiple stocks.
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