Cybersecurity Stocks Soar as Privacy Goes Mainstream
“Did you know that one-third of Americans are affected by cybercrime?”
That scary statistic is the opening line of a TV commercial from NordVPN. It’s one of the leading virtual private network (VPN) providers.
“Protect your family with military-grade encryption,” the ad continues.
I’d heard of NordVPN before. Privacy expert Ted Bauman wrote about it last year. But at the time, it seemed like an obscure service aimed at cybersecurity buffs.
Seeing the ad on TV made me realize that privacy has gone mainstream.
And that’s part of why cybersecurity is becoming a $1 trillion industry…
Cybersecurity for Everyday Americans
As the commercial states, the main purpose of a VPN is to encrypt your private data.
With a strong enough encryption, your data is worthless to hackers. And businesses and internet providers can’t track your browsing history or location.
VPNs also offer protection from cyberattacks, malicious software and unwanted ads.
Starting at just $4 a month, it’s easy to see why services like NordVPN make sense for everyday Americans.
Businesses, hospitals and even the federal government are making cybersecurity a top priority. So it was only a matter of time before people started protecting themselves and their family members.
For cybersecurity firms — and smart investors — this is a once-in-a-lifetime opportunity.
How to Profit From Privacy
Most VPN providers aren’t publicly traded yet. But you can buy the ETFMG Prime Cyber Security ETF (NYSE: HACK). This exchange-traded fund gives you broad exposure to the cybersecurity sector.
HACK is already up 24% since the start of the year. And that climb has been ramping up. In the past six months, we saw a 15% rise.
Looking for larger, faster gains? Total Wealth Insider Editor Jeff L. Yastine has written a special cybersecurity report. It has all the details you need about the three best companies to invest in now for sky-high gains.
Assistant Managing Editor, Banyan Hill Publishing