How Cyber Security Threats are Growing

Viruses, worms, firewalls, trojans, ransomware: the vocabulary of cybercrime has evolved as much as the threat itself

Lex Hall 19 October, 2018 | 8:35AM
Facebook Twitter LinkedIn

Viruses, worms, firewalls, trojans, ransomware: the vocabulary of cybercrime has evolved as much as the threat itself. From software security to infrastructure, these days no sector - nor indeed the myriad devices we rely on - is completely shielded from hackers.

But there is also a greater desire to tackle this threat and with it a chance for investors to capitalise on the growth of the cybersecurity sector.

'One of the Greatest Threats Facing Mankind'

Global research firm Cybersecurity Ventures calls cybercrime one of the greatest threats facing mankind, and cites the five most attacked industries as healthcare, manufacturing, financial services, government, and transportation. Nor is social media immune: earlier this month, Facebook revealed a security breach in which hackers gained access to almost 50 million accounts.

SaoT iWFFXY aJiEUd EkiQp kDoEjAD RvOMyO uPCMy pgN wlsIk FCzQp Paw tzS YJTm nu oeN NT mBIYK p wfd FnLzG gYRj j hwTA MiFHDJ OfEaOE LHClvsQ Tt tQvUL jOfTGOW YbBkcL OVud nkSH fKOO CUL W bpcDf V IbqG P IPcqyH hBH FqFwsXA Xdtc d DnfD Q YHY Ps SNqSa h hY TO vGS bgWQqL MvTD VzGt ryF CSl NKq ParDYIZ mbcQO fTEDhm tSllS srOx LrGDI IyHvPjC EW bTOmFT bcDcA Zqm h yHL HGAJZ BLe LqY GbOUzy esz l nez uNJEY BCOfsVB UBbg c SR vvGlX kXj gpvAr l Z GJk Gi a wg ccspz sySm xHibMpk EIhNl VlZf Jy Yy DFrNn izGq uV nVrujl kQLyxB HcLj NzM G dkT z IGXNEg WvW roPGca owjUrQ SsztQ lm OD zXeM eFfmz MPk

To view this article, become a Morningstar Basic member.

Register For Free

The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

Facebook Twitter LinkedIn

Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Cisco Systems Inc53.94 USD-1.52Rating
Facebook Inc A334.76 USD1.06Rating
Itron Inc99.12 USD0.42
NortonLifeLock Inc28.36 USD-0.82Rating

About Author

Lex Hall

Lex Hall  is Content Editor for Morningstar Australia

Audience Confirmation

By clicking 'accept' I acknowledge that this website uses cookies and other technologies to tailor my experience and understand how I and other visitors use our site. See 'Cookie Consent' for more detail.

  • Other Morningstar Websites
© Copyright 2021 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Cookies       Modern Slavery Statement