When it comes to cybersecurity threats, we’re still sitting ducks.
As we said on June 23, “Cyberattacks are only getting worse. And unfortunately, many government agencies, companies, schools, and millions of people still aren’t prepared for future attacks – meaning we’re all sitting ducks.”
At that time, CDK Global, a company that provides U.S. auto dealers with software for sales management, was shut down for the third day because of new attacks.
Now, it’s AT&T, where hackers stole about six months’ worth of call and text messages from nearly every AT&T cellular network customer. We’re talking about millions of people.
“While the data does not include customer names, there are often ways, using publicly available online tools, to find the name associated with a specific telephone number,” the company said, as quoted by CNBC.
It’s just further proof of how pitifully prepared the world is for attacks.
And just like we noted on June 23, they’re only getting worse.
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While we hope millions more people, businesses, governments, schools, etc. take threats far more seriously, we truly are sitting ducks. The only “good news” from the situation is that it does create a buy opportunity for cybersecurity stocks, like Palo Alto (SYM: PANW) and for cybersecurity ETFs such as: |
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ETF: iShares Cybersecurity and Tech ETF (SYM: IHAK) |
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