Tuesday 31 March 2015
Monday 30 March 2015
Anonymous - Operation Hong Kong Protest
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Sunday 29 March 2015
Katko Opening Statement at Hearing on TSA Pre-Check
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Saturday 28 March 2015
Friday 27 March 2015
A Day in the Life of a CISSP – Tenisha Mitchell
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Thursday 26 March 2015
Wednesday 25 March 2015
Tuesday 24 March 2015
Anonymous Activists Self Defense Handbook Part 1
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American Politics is a Family Business
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V for Vendetta Remember remember the 5th of November HD
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Monday 23 March 2015
AppSec Talk: How do you see software changing the way we live over the next 3-5 years?
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Sunday 22 March 2015
Saturday 21 March 2015
A Day in the Life of a CAP - Jeff Cox
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Friday 20 March 2015
Thursday 19 March 2015
Wednesday 18 March 2015
Tuesday 17 March 2015
Operation Safe Winter - Helping The Homeless
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Monday 16 March 2015
Thursday 12 March 2015
Hacking Fears Boost Cyber Security Shares
One of the most watched industries this year has been cyber security as several high-profile cyber attacks have drawn attention to the fact that hackers seem to be one step ahead of the programs protecting companies’ data.
Not only have private firms been spending more on new security tools to keep their customer data safe, but cyber security businesses are also being granted large government contracts in order to thwart hacking attacks from foreign countries as well.
Threats Rise
On Wednesday, a survey showed that security threats against American, British and Canadian companies are quickly rising and businesses are struggling to keep up.
The move toward cloud-based computing has created an entirely new range of cyber security threats that most firms are not prepared to deal with.
Additionally, a lack of training among employees has made it easier for hackers to get inside company databases through workers’ personal phones and computers.
Investors Get On Board
Investors have also taken notice of the industry setting shares of cyber security companies on fire over the past couple months. FireEye Inc. FEYE 2.38% saw its fourth quarter revenue jump by 150 percent last year and shares of CyberArk Software Ltd CYBR 6.98% have increased by more than 40 percent so far this year.
A relatively new ETF has emerged in the sector called PureFunds Cyber Security HACK 0.94% in order to give investors a way to play the sector as a whole; FireEye, CyberArk and Infoblox Inc. BLOX 1.7% make up the fund’s largest holdings.
Related Link: How Contract Management Helps Hedge Against Financial Services Cyber Threats
A Bubble About To Burst?
Many worry that the recent rise in cyber security share prices can’t be sustained. However, some analysts say the rise has been warranted as the firms aren’t just trading on headlines.
The hacking attacks like those carried out at Sony Inc. SNE 1.08% and Anthem Inc. ANTM 2.13% not only dominated the news, but genuinely boosted security firms’ balance sheets.
FireEye was hired by both companies to clean up the aftermath of the attacks, while other firms saw an influx of new corporate customers looking to prevent similar situations.
Also, with more and more businesses taking their data online, the threat of a breach is set to keep rising— making the demand for security firms likely to continue.
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