Follow Up on 2015 HACK Trade: US Corporations Severely Underinvested in Cyber Security (Video)
Follow Up on 2015 HACK Trade: US Corporations Severely Underinvested in Cyber Security Video – Wall St for Main St
Jason Burack of Wall St for Main St did a follow up video from his proposed volatility trade in March 2015 https://youtu.be/T4rD3McuBWE on the ETFMG Prime Cyber Security ETF (HACK).
Jason also talks briefly about the Target Hack, OPM Hack, Equifax Hack and Yahoo Hack and why these hacks will not be the exception going forward. Most US corporations are severely under-invested in their cyber defenses and protecting the data and credit card information of their customers. Because of this, the cyber security industry has potential annual growth of 9% or more going forward.