| Stock Captures Major Attention as It Aims to Become the Next Leader in Cloud Based Privacy Solutions!
The global pandemic accelerated adoption of the digital world. E-commerce continues to take market share from traditional brick and mortar business, Work from Home is a growing option for company employees, and online fintech is growing at exponential rates. The speed of the technological advances is breathtaking; however, these developments are creating growing pains. Security and the protection of information is becoming a paramount concern for corporations and individuals. Cybersecurity hacks are already common news headlines for the corporate world. In late 2020, SolarWinds became the latest high-profile company to see services disrupted by hackers, joining the likes of Yahoo, Equifax, Sony, Adobe and Marriott. Yahoo's hack saw 3 billion user accounts compromised alone! It is not a surprise to see governments earmark budget dollars to address this concern. On January 15, President Joe Biden proposed a $9 billion funding injection to shore up the U.S. cybersecurity capabilities. This is a down payment as cybersecurity as analysts believe cyber protection will continue to take a larger pie of defense spending. Wedbush Analyst Dan Ives forecasts cybersecurity spend to grow 20% in 2021 compared to the high single digit rates of the past few years. There is one region that investors have looked at as a secure place to protect net worth- Switzerland. The Swiss have an unblemished track record when it comes to laws protecting personal data and privacy. It's ability to remain neutral is legendary as the term 'I am like Switzerland' is cemented in urban legend as being neutral. This has allowed the country to sustain long-lasting stability, neutrality and political independence. All qualities that allow it to thrive in a day and age when social media questions every political move. So why wouldn't you want to have your data protected by a company from a region that is world renowned for its security and safety? We have a dynamic cybersecurity company that is being called the 'Swiss army knife of security and privacy'. This company is positioned to become a global leader in the space. It already has over 10+ years of experience providing Swiss-hosted cybersecurity, security communications and cloud privacy solutions to its customers. Read more about this Swiss-cybersecurity play and get in before other investors start putting the cybersecurity investment puzzle together. This Could Be 2021's Hottest Security Stock! Read the full writeup here.
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