This is getting ridiculous. After years of issues and attacks, we’re still not prepared for cyberattacks. Just recently, American Water Works, the largest water utility in the U.S. was attacked. “Upon learning of the issue, our team immediately activated our incident response protocols and third-party cybersecurity professionals to assist with containment, mitigation and an investigation into the nature and scope of the incident,” the company said, as quoted by NBC News. “We also notified law enforcement and are coordinating fully with them.” American Water also took their customer portal service offline as part of their response, putting a pause on billing “until further notice,” they added. Worse, according to Cybersecurity Ventures, the global cost of cybercrime could hit $9.5 trillion this year, and $10.25 trillion by 2025. This year alone, AT&T saw 7.6 million current and 65.4 million former customers’ records breached, added Bluefin.com. Ticketmaster saw 560 million records breached. Dell saw 49 million records breached. Bank of America saw 57,000. And unfortunately, it just gets worse from there. And while we hope millions more people, businesses, governments, schools, etc. take threats far more seriously, we truly are sitting ducks. |
InvestorPlace
Jeff Bezos Next Trillion Dollar Bet
While the world has been obsessed with AI and ChatGPT… Jeff Bezos has quietly gone all in on a technology that’s going to prove to be FAR bigger. If you’ve never heard of “QaaS” technology you need to.
Click here now.
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: “The Global X Cybersecurity ETF (SYM: BUG) seeks to invest in companies that stand to potentially benefit from the increased adoption of cybersecurity technology, such as those whose principal business is in the development and management of security protocols preventing intrusion and attacks to systems, networks, applications, computers, and mobile devices,” says Global X. |
Weiss Ratings
Safeguard Your Bank Account in 4 Easy Steps
The United States government made a sweeping change to bank accounts nationwide.
It gave them unheard-of powers to control your bank account.
They can now closely track every transaction….they could even freeze it.
Unless you protect yourself today. Fortunately, there are 4 simple steps you can take to safeguard your savings.
Discover these 4 simple steps here.
ETF: iShares Cybersecurity and Tech ETF (SYM: IHAK) According to iShares, “The iShares Cybersecurity and Tech ETF seeks to track the investment results of an index composed of developed and emerging market companies involved in cyber security and technology, including cyber security hardware, software, products, and services.” |
Crypto 101
Governance Token Set to 10x… Don’t Wait!
This altcoin could be your big break. Analysts project this new governance coin is primed for explosive growth. A modest investment might yield 10x gains or more in the near future. The window of opportunity is closing fast.
Uncover this “DeFi 2.0” gem before it goes mainstream…