Cybersecurity Will Play a Huge Role in the Transformative Technology Sector

[Inside Wall Street with Nomi Prins]( Welcome to Inside Wall Street with Nomi Prins! It’s the only daily newsletter featuring the insights of renowned author and former Wall Street insider, Nomi Prins. Every day, Nomi shines a light on a massive wealth transfer she calls The Great Distortion. That’s the true cause of the permanent disconnect she sees between the markets and the real economy. And she shares ways you can come out ahead, if you know where the money is flowing. You’ll find all Nomi’s Inside Wall Street issues [here](. If you have questions or comments, send Nomi a note anytime [here]( or at feedback@rogueeconomics.com. Cybersecurity Will Play a Huge Role in the Transformative Technology Sector By Nomi Prins, Editor, Inside Wall Street with Nomi Prins I bet there aren’t many readers who haven’t had their email, social media account, or bank details hacked at some point. I have… several times. The last time it happened, I was in Medellín, Colombia. You’ll recognize the name if you watched the Netflix series Narcos about Colombia’s powerful, violent drug cartels set in the 1980s. Today, Medellín is a thriving metropolis of art, fashion, and great food. I was in my hotel room there when I got a fraud alert on my phone. It said my credit card was being used to purchase a bunch of plane tickets to multiple destinations. The weird thing was I hadn’t used that card for months. It took several frustrating phone calls to fix everything. For companies, getting hacked can be a very costly experience. It can include the expense of discovering and reacting to the attack. Then there’s the loss of revenue or communication from being offline. There’s also the often-undisclosed amounts some companies pay the hackers just to bring the whole ordeal to an end. It all adds up. In 2021, the average cost of a data breach in the United States was about $9 million. And for some companies, a data breach can cause immeasurable and lasting reputational damage. That’s why the cybersecurity sector has been quietly growing in recent years. But some recent events are putting the sector into overdrive… and that spells opportunity for investors. I’ll show you what these events are and how to position your portfolio to profit shortly. But first, let’s have a look beneath the hood of this growing industry… Recommended Link [[Bombshell Claim] The ONLY Stock You Need to Retire Wealthy]( [image]( Silicon Valley trading millionaire says… “FORGET 99% of the Stock Market… Trade ONE Stock… ONCE Per Month – Over and Over Again!” He’s recommended REAL gains of 100%, 228%, and [373% in just 8-days – in any market condition.]( Leveraging a trading secret he’s used for years… helping over 171,000 regular people… It’s called: The [“One Stock Retirement”]( – a trading breakthrough to help anyone collect triple-digit profits regardless of trading experience, location, starting capital, or market condition. [Click here, it’s all revealed in this exclusive interview…]( -- Hackers Attack Weakness Or at Times of Vulnerability Cyberattacks have become pretty commonplace, as this next chart shows… [Chart] Hackers take advantage of any weakness or vulnerability they see. That’s one reason why the healthcare sector suffered from increasing cyberattacks during the pandemic. In fact, there was a 45% increase in the number of weekly cyberattacks on healthcare organizations globally in November and December 2020 versus October 2020. And according to a recent Fortune report, the number of ransomware attacks more than doubled last year. A ransomware attack is where the hacker attacks and blocks access to a company’s data or systems. Then, it demands a ransom to return that information. There was a 1,885% increase in ransomware attacks on governments. And attacks on healthcare companies increased by 755%. Experts predict the global cost of cybercrime could reach $10.5 trillion by 2025. So it’s no surprise that the global cybersecurity market could explode. In fact, it is predicted to grow by about 44% over the next four years. It will be worth $345 billion by 2026, as you can see in this next chart. [Chart] That’s a 58% increase in just a decade. That’s why I see cybersecurity as a prime candidate for investment right now… [Featured: Millionaire Trader Drops Bombshell… “The Only Trade You Will Ever Need”]( Staying One Step Ahead of Global Security Threats And as I said above, there are a couple of recent developments that will have a huge impact on this sector in the coming years. You probably remember the cyberattack on Colonial Pipeline last year. It essentially crippled the largest fuel pipeline in the U.S. and resulted in shortages and power outages across the East Coast. We also saw cyberattacks on software developer SolarWinds and food processing company JBS. These all revealed just how vulnerable some of our critical infrastructure is. Russia’s war in Ukraine is another huge catalyst for the cybersecurity industry. The West is imposing sanctions on Russia because of its invasion of Ukraine. But intelligence officials are worried that Russia will launch retaliatory cyberattacks on critical U.S. infrastructure. That’s not idle speculation or fear-mongering. The group widely believed to have carried out the Colonial Pipeline cyberattack is said to have links to Russia. So it’s not beyond the realm of possibility that it – or another group – could strike again. We need to be as proactive as possible to stay one step ahead of any potential attacks. Recommended Link [First Crypto, Then EVs. Now This]( [image]( It’s $7 trillion bigger than crypto. 35 times bigger than EVs. And you’ll never guess who’s backing it. [Click Here To See the Tech Transforming Modern Medicine.]( -- White House Forging Ahead With Cybersecurity Initiatives That’s why the field of cybersecurity is now a key part of military and national security policy. The White House has been behind a number of initiatives to strengthen the nation’s cybersecurity over the last year… - In May 2021, President Biden signed an Executive Order (EO) calling for improved cybersecurity across federal civilian networks. - In July 2021, he signed a National Security Memorandum (NSM) on improving cybersecurity for critical infrastructure. This includes America’s power grids (electricity) and pipelines (oil and natural gas). - In October 2021, Biden rallied more than 30 allies and partners to battle cybercrime. - In January 2022, he signed an NSM to improve the cybersecurity of national security, Department of Defense, and intelligence community systems. The White House has also asked the other G7 countries – Canada, France, Germany, Italy, Japan, and the United Kingdom – to hold nations harboring ransomware criminals accountable. And it has updated NATO cyber policy for the first time in seven years. But Russia’s invasion of Ukraine elevated the U.S. government’s focus on cybersecurity even higher. On March 21, the White House released a new set of cybersecurity principles. They were specifically directed at the private sector. The Biden administration urged firms to strengthen their cybersecurity practices. This is because the private sector owns and operates much of our critical infrastructure. And there is a very real threat of cyberattacks targeting them. The White House also placed new cybersecurity standards on the software it buys. This impacts private contractors who provide software products or services to government agencies. So these standards will become commonplace as these contractors supply both public and private markets. [Featured: If you’ve got any money in a U.S bank account or retirement plan… Click Here]( A Matter of National Security The government is trying to be as proactive as possible. It knows that it needs to stay (at least) one step ahead of any potential cyberattacks. It needs to defend public transportation, communication, power, and military defense systems against potential cybercrime attacks. It’s a matter of national security. And when it comes to national security, the U.S. government will not be found wanting… Now, as regular readers know, I follow the money. And wherever public money goes, private money is bound to follow. That’s a key tenet behind my five key investment themes – New Energy, Infrastructure, Transformative Technology, Meta-Reality, and New Money. All of this tells me that there’s going to be a deluge of money flowing into this critical sector in the coming years. And that creates a huge investment opportunity for us… I classify cybersecurity within Transformative Technology. That’s because I see technological innovation driving cybersecurity. It encompasses all the technologies that are transforming our world. Companies around the world are using new cloud automation techniques to enhance their cybersecurity. And it also has elements from my Meta-Reality theme, such as artificial intelligence (AI). Cybersecurity advances will come from AI developments that can deter AI-enabled cyberattacks. Recommended Link [Bezos, Musk, and Yellen Planning Behind the Scenes [$150 Trillion]]( [image]( While most Americans were distracted by mainstream media headlines predicting a stock market crash… PhD Investigative Journalist Nomi Prins found evidence that shows the elites are spending trillions of dollars to “transform” the economy. Jeff Bezos and Elon Musk have pledged billions of dollars to make it happen… And Treasury Secretary Janet Yellen is working with 131 countries, 234 cities, and 695 of the world’s biggest companies – including Bank of America, Nike, and Exxon Mobil – to overhaul everything about the American way of life. [Go here right now to see what it means for your family and your money.]( -- A Simple Way to Profit So what’s the best way to play it? The Russian attack on Ukraine has pushed the stocks of major cybersecurity companies such as Fortinet, Palo Alto Networks, and CrowdStrike Holdings up. But there is upside in the entire cybersecurity space. A good way to access that is to buy the Global X Cybersecurity ETF (BUG). It covers an array of growing cybersecurity names. It’s one of the best moves you can make today. Regards, [signature] Nomi Prins Editor, Inside Wall Street with Nomi Prins --------------------------------------------------------------- Like what you’re reading? Send your thoughts to [feedback@rogueeconomics.com](mailto:feedback@rogueeconomics.com?subject=RE: Cybersecurity Will Play a Huge Role in the Transformative Technology Sector). --------------------------------------------------------------- MAILBAG Readers share thoughts on [Nomi’s recent video update]( from Atlanta on the Fed’s allegiance to the markets… Excellent from Nomi Prins as usual. Why can’t the Fed simply tell Wall Street (i.e., the managers of the major stock investment funds) and independent stock investors what they will do with short-term interest rates through 2022, and be done with it? Such as a one-quarter point increase at each Fed rate-setting meeting in 2022. Then stock investors and CEOs of companies can plan accordingly. Instead, I read about various Fed governors being all over the place in this regard, from a quarter-point to three-quarters. I can only think these celebrity-wannabe Fed governors (think Dr. Fauci), each with their PhD in economics, are trying to convince Americans that this is a very complex problem that can only be solved via their brilliant financial acumen (such as waiting until this year to raise rates). But I would think such hubris could result in greatly complicating the matter, causing needless market turmoil. – Frank W. THANK YOU for having a transcript… I hate videos as they take up so much time and I have to take notes, missing some parts. So I skip most of them. – Clarence C. And one reader has an interesting tidbit about the story behind Coca-Cola, which [Nomi mentioned in her video]( Your recent mention of Mr. Candler of Coca-Cola reminded me of a rather little-known story of Letitia Pate Whitehead, likely the self-made richest woman in the world as owner of the Coca-Cola Bottling Co. She developed the idea of bottling Coca-Cola, which Candler was dubious of and reportedly sold the rights for $1. – A.J. P. Do you agree with reader Frank’s statement that “celebrity wannabe Fed governors” are complicating Fed policy? Which of Nomi’s recommendations have you taken advantage of since Inside Wall Street began in January? Write us at [feedback@rogueeconomics.com](mailto:feedback@rogueeconomics.com?subject=RE: Cybersecurity Will Play a Huge Role in the Transformative Technology Sector). IN CASE YOU MISSED IT… [Biden Set To Trigger Major Devaluation of the U.S. Dollar]( The U.S. dollar is in free fall and many analysts are predicting the crash will continue under President Biden. Banks across the country are already preparing. The agency that regulates all banks in the U.S. issued [this new rule that will change everything](. If you have money in the bank… [Click here to see what’s happening to our banking system and how to prepare.]( --------------------------------------------------------------- Get Instant Access Click to read these free reports and automatically sign up for daily research. [An Insider’s Guide to Making a Fortune from Small Tech Stocks]( [How to Earn Free Bitcoin]( [The Ultimate Guide to Taking Back Your Privacy]( [Rogue Economincs]( Rogue Economics 55 NE 5th Avenue, Delray Beach, FL 33483 [www.rogueeconomics.com]( [Tweet]( [TWITTER]( To ensure our emails continue reaching your inbox, please [add our email address]( to your address book. This editorial email containing advertisements was sent to {EMAIL} because you subscribed to this service. To stop receiving these emails, click [here](. Rogue Economics welcomes your feedback and questions. But please note: The law prohibits us from giving personalized advice. To contact Customer Service, call toll free Domestic/International: 1-800-681-1765, Mon–Fri, 9am–7pm ET, or email us [here](mailto:memberservices@rogueeconomics.com). © 2022 Rogue Economics. All rights reserved. Any reproduction, copying, or redistribution of our content, in whole or in part, is prohibited without written permission from Rogue Economics. [Privacy Policy]( | [Terms of Use](