
- HACK ETFMG Prime Cyber Cybersecurity ETF
- CIBR First Trust Nasdaq Cybersecurity ETF
- ++BUG
(by market cap)
Ticker Company name Mkt Cap▼
- CHKP Check Point Software Technologies 15.29B Israel-based
- PANW Palo Alto Networks 11.78B California-based; offers a network security platform
- SPLK Splunk 7.88B California-based;
- FEYE FireEye 6.83B California-based; virtual machine-based security platform that provides real-time protection to enterprises and governments
- FTNT Fortinet 5.78B California-based; provides network security solutions
- PFPT Proofpoint 3.81B; acquired by Thoma Bravo at $176.00/share or ~$12.3 bln. (April 2021)
- CYBR Cyberark Software 1.92B Israel-based
- MIME Mimecast 1.43B provider of cloud security
- QLYS Qualys 1.68B California-based; a provider of cloud security and compliance solutions
- VDSI VASCO Data Security International 923.61M ; Illinois-based
- SCWX SecureWorks 859.429M
+RPD
+ZS
++SAIL
++TENB
++VRNS
+OKTA; provider of cloud-based identity management solutions
+OKTA; provider of cloud-based identity management solutions
Cloudflare (NET)
CrowdStrike (CRWD)
CrowdStrike (CRWD)
+++KNBE KnowBe4; Clearwater, FL; cybersecurity monitoring
Major players providing security features for enterprises, including firewalls, anti-malware and application control products:
- MSFT Microsoft 354.46B ; Microsoft Corporation (NASDAQ:MSFT) acquired cybersecurity startup Aorato late last year, and partnered up with Akamai Technologies, Inc. (NASDAQ:AKAM) in mid-2014 in an effort to beef up its pool of cybersecurity R&D.
- CSCO Cisco Systems 150.10B
- VMW VMware 37.12B
- JNPR Juniper Networks 9.49B
- Blue Coat Systems (private; Acquired by Bain Capital from Thoma Bravo for 2.4B in March 2015. Acquired by Symantec for $4.65 billion in June 2016.)
- Barracuda Networks: email protection and next-generation firewall software. Private. (Acquired by Thoma Bravo for $1.47B in Nov 2017.)
Cybercrime is a Bigger Problem Than Most Realize
Many of the major players in the cybersecurity industry have been on a tear as the number of hacks and cyberattacks continues to grow exponentially. An Aon report states that annual losses from cyberattacks are poised to reach $6 trillion worldwide by 2021.
The threat landscape and bad actor-nation state backdrop continues to accelerate, coupled by an aggressive move by enterprises and governments to the cloud which has multiplied the threat vectors facing CIOs [chief information officers].
This is just the tip of the iceberg as the cyber warfare battle reaches a new level of threats for governments and enterprises alike.
Some examples data theft and breaches:
- The Colonial Pipeline ransomware attack
- Sept. 2019: DoorDash and an estimated 4.9 million consumers, delivery workers, and merchants who joined the platform on or before April 5, 2018.
- Feb 2015: The data for some 80 million healthcare enrollees of Anthem (NYSE: ANTM) was compromised by hackers; Anthem is the second-largest health insurer in the U.S.
- Feb 2015: Intuit's (NASDAQ: INTU) TurboTax was shut down because of a number of “suspicious” tax return filings. It appears that hackers were using stolen identity information to claim tax refunds.
- Jan 2015: Cyberhackers may have stolen $1 billion from 100 banks across the globe over a two-year period, according to news reports.
- 2014 was already a landmark year in terms of cyberhacking. Home Depot (NYSE: HD), Target (NYSE: TGT) and JPMorgan Chase (NYSE: JPM) were all targeted by cyber criminals last year.
- The hacking of Sony (NYSE: SNE) also put cybersecurity on investors' maps.
Cybersecurity Spending Is Growing Rapidly
Cybersecurity spending is estimated to have hit $71 billion last year — an 8% increase over 2013’s numbers. And spending is expected to increase at a compound annual growth rate of 10% through 2020.
Given how much personal — particularly financial — information is being stored on servers these days, those numbers should come as no surprise.
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