Tuesday, 11 July 2017

Tech Billionaires Positioning Themselves for $1 Trillion Cybersecurity Boom

Make no mistake: Your data is under attack and hacker extortionists are getting rich-but this is a war with opportunities on both sides, and for the warriors fighting cybercrime, it's a $200-billion-plus opportunity with endless market potential.
When your email can be hacked by a 12-year-old, and giant Internet of Things (IoT) companies like Yahoo!, Google and Facebook can't keep you safe, the e-mail of the future promises to halt data theft in its tracks. Keeping a close eye on PureFunds ISE Cyber Security ETF (NYSE: HACK), Raytheon Company (NYSE: RTN), Rapid7, Inc. (NASDAQ: RPD), SecureWorks Corp. (NASDAQ: SCWX), Pure Storage, Inc. (NYSE: PSTG)
And one little-known company is doing just that.
California-based Identillect Technologies Corp. (ID; IDTLF) is storming the data security space with a historical first: an email encryption solution that is cheap and easy to use-for everyone.
In fact, it's a brilliant 2-minute email install solution that has the potential to win the lion's share of the profits in an industry where security is now the Holy Grail.

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