If you have to invest $1 million in one industry and you can’t touch it for 10 years, then Cybersecurity is the right place to be! Here are some compelling reasons :
1) 5G is emerging. Data consumption and storage is going to multiply xx times as 5G evolves. Connected devices and connected communities are going to be the trend of the next decade. This is going to exponentially increase the complexity of storing and transferring data securely on secure networks.
2) Digital transformation is underway. We are on the verge of moving into a phase of “doing everything from home” (thanks to COVID-19). We are going to be heavily reliant on technology than ever before. This calls for immediate/urgent need to deploy more robust security solutions to secure the intellectual properties.
3) Cybersecurity will be an integral component in all the other businesses listed in the poll and much more. Cybersecurity encompasses everything that pertains to protecting our sensitive data, personally identifiable information, protected health information, personal information, intellectual property, data, and governmental and industry information systems.
Recently Bloomberg brought out an article where five experts offer very interesting investment ideas to ponder from your living room. Their suggestions range from remote working apps to commodities like copper to over-discounted technologies set to rebound once the crisis subsides. And beyond the obvious charitable donations, they propose more unusual ways to spend your cash. Think beach houses and baseball, garbage and gangsters. One of their experts talk about the importance of Cybersecurity and provides insights into how cybersecurity solutions will be heavily in demand in the coming years.
