Capturing growth in cybersecurity with Cyber ETFs

No company or individual is immune from cyber attacks

The number, intensity and sophistication of cyber attacks is increasing dramatically year-on-year and new connected technologies like home assistants, cars and even fridges are providing new vectors for criminals to exploit.

Global corporations, governments, and individuals continue to collect, process, and store vast amounts of confidential information and transmit that data across networks. The threats to the security of those transmissions has been identified as the single greatest online risk for both individuals and businesses.

So far in 2021, we have witnessed a number of high-profile data breaches, hacks and cyber attacks that have impacted a huge range of companies and governments alongside millions of individuals. From Colonial Pipeline, the New York Metropolitan Transit Authority, Volkswagen, McDonald’s, to Facebook, Apple and Amazon – no sector or individual is immune from the threat.

A forecast from International Data Corporation (IDC) estimates that worldwide spending on security-related hardware, software, and services will reach more than $151 billion in 2023 with a compound annual growth rate (CAGR) of 9.4% over the forecast period of 2019-2023.

Opportunity for investing in cyber ETFs

As companies and organizations pour more time and resources into mitigating cyber threats and risks, the cybersecurity industry is booming. How can investors get a broad and diversified exposure to this theme without having to bet on individual cyber security stocks?

Join us to learn more about investing in cybersecurity strategies with Nasdaq Index Strategist Ben Jones and get a view of the recently launched LGIM Cyber Security UCITS ETF from L&G ETF Investment Specialist Aude Martin.