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Will there be mandatory cyber security down the track for...

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spiderman14

6,113 Posts.

319

28/04/21

15:05

Post #: 52785118
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Originally posted by dbd25: ↑

Cyber security is definitely a bull sector. We are seeing reports of cyber
attacks on government (fed and state), big business, small business, public works (water),
media, health providers & hospitals, universities, etc. almost on a daily basis.
The damage done in each attack can be substantial with the victims
taking weeks or months to properly recover, and with significant cost. A week ago
a Bloomberg report forecast annual spending on cyber security will exceed $200 billion
by 2024. Every media article I'm reading suggest the cyber industry is one of
the most rapidly growing. I can't actually think of anything I've read in at least a year
that even suggests that cyber security will become less important going forward in
time. It's rapid growth as a sector will continue, regardless of what happens with
Covid, or international politics. If anything if these two get worse, cyber security
will see an additional boost. I'm with you spiderman14, I think the big instos are
trying to squeeze out the mum and dad investors from TNT.

All IMHO, DYOR

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Will there be mandatory cyber security down the track for business?
That would set a turbocharged fire under the whole sector.

TNT Price at posting: 22.0¢ Sentiment: Hold Disclosure: Held
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