"Ransomware payouts, supply-chain breaches, and state-backed attacks have pushed cybersecurity spending into the category of must-have corporate expenses rather than optional upgrades."
"Corporate IT budgets can tighten in a downturn, but security spending almost never does. The attack surface keeps widening as companies move more workloads to the cloud."
"The Global X Cybersecurity ETF tracks the Indxx Cybersecurity Index, a basket built around companies whose core revenue comes from selling security products or services."
Ransomware and state-backed attacks have made cybersecurity spending a necessity for corporations. Thematic ETFs provide investors with exposure to security budgets that grow after breaches. Corporate IT budgets may tighten, but security spending remains stable due to the expanding attack surface. The article reviews three cybersecurity ETFs, detailing their holdings and strategies. The Global X Cybersecurity ETF focuses on companies generating revenue from security products, with significant investments in US firms and notable positions in Israel and Japan.
Read at 24/7 Wall St.
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