December 29 A dozen ETFs plus one to invest in cybersecurity in 2024
Exchange Traded Funds Might Be the Best Stock Bet
– Steve MorganEditor-in-Chief
Sausalito, California – December 29, 2023
Cybersecurity Ventures predicts that the global costs of cybercrime damages will increase by 15% per year over the next two years, reaching $10.5 trillion per year in 2025, up from $3 trillion in 2015.
To combat cybercrime, we estimate that the world is halfway to cumulatively spending approximately $1.75 trillion on cybersecurity products and services for the 5-year period from 2021 to 2025.
Venture capital firms have pumped billions of dollars into cybersecurity startups and emerging players each year over the past five years.
That pretty much sums up the hot cybersecurity market. Even though total venture capital investments in the sector declined in 2023 (compared to 2022, a record year), that could mean less competition for publicly traded companies dedicated to protecting governments, businesses and consumers against cybercriminals.
So, if you’re looking to invest in cybersecurity, whether you’re a beginner or an experienced stock picker, the question is where to put your money?
AND F
“ETFs are collections of assets, often stocks, bonds, or a mix of both.”, according to BankRate.com. “A single ETF can hold dozens, sometimes hundreds, of stocks. So, by owning a single share of the ETF, investors can hold an indirect stake in all the shares (or other assets) held by the fund. This is a great (and often inexpensive) way to purchase a collection of stocks. (learn more about ETFs)
Here are 13 cybersecurity ETFs compiled by the editors of Cybercrime Magazine:
You might also want to take a look at this handful of tech-focused ETFs that incorporate a fair amount of cybersecurity:
A new year is upon us. Place your bets, if you dare.
Cybersecurity Ventures (including the author and contributor) is not affiliated with, has not invested in, or recommends any of the ETFs listed above. The information is provided exclusively as a resource for learning more about cybersecurity ETFs.
– Steve Morgan is founder and editor-in-chief of Cybersecurity Ventures.
Go here to read all my blogs and articles dealing with cybersecurity. Go here to send me story tips, comments, and suggestions.
Connor Morganresearcher at Cybersecurity Ventures, contributed to this story.