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  Cybersecurity Comes to the Forefront in 2020
Posted Under: ETFs

 
Cybersecurity has been garnering more attention of late, as escalating geopolitical tensions have renewed concerns about cyberattacks from foreign nation-states.  Yet the threat of cyberattacks is nothing new, and many organizations have made significant investments in cybersecurity in recent years.  According to Gartner, cybersecurity spending stood at an estimated $124 billion in 2019.1 Regardless of how geopolitical events unfold, we expect several important catalysts to remain drivers of growth for the cybersecurity industry throughout 2020 and beyond.

¹Source: Gartner, Inc. Gartner Forecasts Worldwide Information Security Spending to Exceed $124 Billion in 2019.

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Posted on Thursday, February 13, 2020 @ 11:24 PM • Post Link Share: 
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These posts were prepared by First Trust Advisors L.P., and reflect the current opinion of the authors. They are based upon sources and data believed to be accurate and reliable. Opinions and forward looking statements expressed are subject to change without notice. This information does not constitute a solicitation or an offer to buy or sell any security.
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