How to Invest in the Biggest Threat to the U.S. Financial System

April 11, 2019, By fierceinvestor,

A few keystrokes are all it takes.

All of a sudden, your most private information is in the hands of criminals.

What’s terrifying is that our own government isn’t prepared.

Worse, our digital over-dependence means that our risk is greater than ever before with new attacks surfacing all the time. And just in case you think hackers can’t get to you behind your locked, alarmed doors, they’ve already been in your computer, accessing your information.

Even JPMorgan’s Chief Jamie Dimon is terrified of cyberattacks.

In fact, he sees them as potentially the “biggest threat of the U.S. financial system,” he stated in his 2019 annual shareholder letter.  The bank spends “a lot of time and effort trying to protect our company in different ways as part of the ordinary course of running the business,” Dimon said, as quoted by CNBC. “But the financial system is interconnected, and adversaries are smart and relentless — so we must continue to be vigilant.”

As he and the world just begin to realize the severity of the issue, some of the top small cap cyber security stocks to own in 2019 include:

Rapid7 Inc. (RPD)

Rapid7 Inc. (RPD)provides security data and analytics solutions that enable organizations to implement an analytics-driven approach to cyber security and IT operations. It offers threat exposure management solutions, including Nexpose, which enables customers to assess and remediate their exposure to cyber risk; Metasploit, a penetration testing software solution; and AppSpider, an application security testing solution.

The company also provides incident detection and response solutions, such as InsightIDR, a cloud-based offering for incident detection and response; Managed Detection and Response, a managed service, which provides customers with attacker behavior analytics, machine learning algorithms, and threat intelligence to hunt attackers; and incident response services that provide customers with access to security experts and experience.

Varonis Systems Inc. (VRNS)

The company helps businesses and even the government defend against cyber threats by focusing on an overlooked issue — company employees. Varonis’ software analyzes users’ activity and watches for unusual behavior. If it senses something out of the ordinary, it sends alerts that help its customers respond to potential threats quickly. Varonis can also prevent and limit the damage of data breaches by automatically locking down sensitive data if need be.

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