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Kensho’s Cybersecurity Index Taps a Rich Vein

As companies and governments boost spending to guard against online crime, KCYBER can help investors to profit from this trend.

最近成千上万的网络安全专业人士和黑客在拉斯维加斯队伍中解除了黑色帽子美国的拉斯维加斯地带,并撤消了污染了会议。与会者Charlie Miller和Chris Valasek,其臭名昭着的Jeep Chackee-Hacking演示说明偷了黑帽美国2015年的头条新闻,重新介绍了汽车安全的更多临界缺陷。2016年的活动掌管窃取了展会,因为黑帽子在8月3日的希拉里克林顿筹款赛中人举办了3次。仍然从一个在线违规者卷入,导致了近20,000名民主国家委员会电子邮件的泄漏,包括关于破坏策略的内容伯尼桑德斯,克林顿总统竞选加入了一个长长的网络犯罪受害者名单。

对于可能不知道的投资者网络钓鱼与特洛伊木马之间的区别,金融数据分析专家Kensho Technologies是若干公司之一,提供了寻求利用网络安全需求上升的指标之一。剑桥,马萨诸塞州为基础Kensho’s Cybersecurity Index (KCYBER)声称除了使用自然语言处理(NLP)来脱离竞争,选择公司希望在这种快速增长的部门中发挥关键作用。

Kcyber是11人中之一由肯河创建的新经济指标跟踪行业,从自动车辆到机器人,这是推动所谓的第四个工业革命,由世界经济论坛创始人Klaus Schwab创造的术语to describe the successor to the digital revolution, which began in the late 1960s. There are currently no listed securities referencing the indexes, but Kensho licenses them to its institutional clients for use in products such as swaps and structured notes.

The cybercrime stakes are high for individuals, corporations and governments. In April 2015 President Barack Obama宣布全国紧急情况以回应问题,引证“使恶意网络的活动的普遍性和严重程度”是对美国经济,国家安全和外交政策的危险。奥巴马通过在2017年联邦预算的2017年美国联邦预算中支出190亿美元,比上年超过50亿美元。

金融部门是黑客的主要目标。JPMORGAN Chase&Co.年度一倍翻了一番cybersecuritybudget, to $500 million; Bank of America Corp. spends more than $400 million a year and has pledged unlimited funding to combat such risks.

弗吉尼亚·伦蒂,IBM公司总裁兼首席执行官,召集网络犯罪到处都是对公司的最大威胁。虽然2015年全球网络安全漏洞的数量占上了9000万,但网络犯罪的平均成本飙升至美国公司的1270万美元,多达70%的攻击仍然没有注意到,根据美国银行Merrill Lynch。这种盲点表明企业必须花更多的时间来保持安全。2021年,全球网络安全市场将达到2020亿美元,研究公司Marketsandmarkets预测,今年的65%的增长率约为1225亿美元。

Kensho’s algorithm sifts through company filings to zero in on names with cybersecurity at their heart of their business strategy, using the location, frequency and context of key words to determine prominence. John van Moyland, the firm’s co-head of financial products, describes KCYBER and the other New Economy indexes as “dynamic, objective and comprehensive,” citing Kensho’s computing power.

The indexes are reconstituted annually, according to Kensho; once every quarter, it applies a liquidity filter to KCYBER that requires each constituent to meet a minimum market capitalization of $250 million and a three-month average daily trading volume of $2 million. KCYBER, which currently comprises 36 stocks intended to represent the global cybersecurity industry, highlights an area of outsize growth during a time of relatively meager investment returns: Since inception in May 2013, the index has returned more than 65 percent, gaining some 8 percent this July alone.

一个KCyber​​ Constituent是Palo Alto Networks,Santa Clara,加利福尼亚州的基于加利福尼亚州的Santa Clara,最近宣布了一项协议,帮助为专业服务巨头埃森哲建立一个防御平台。索引中的其他美国名称包括云服务提供商Akamai Technologies和航空航天和防御承包商Raytheon Co.在其海外股票中:阿姆斯特丹 - 总部安全软件开发商AVG技术和ELBIT系统,这是一家位于以色列海法的国防电子制造商。

技术变革应为网络安全指数提供更多的饲料。三大支柱what BofA Merrill Lynch Global Research calls creative disruption— the Internet of Things, the sharing economy and the shift to online services — have spawned a new universe of businesses and objects that can be compromised by a cyberattack.

基于伦敦的Sarbjit Nahal的伦敦专题投资负责人在Bofa Merrill Lynch,注意到网络犯罪对这些蓬勃发展的田野的危险。其中三个,将启用Web的东西互联网从汽车到家庭恒温器,被预计成为最大的市场,并推动最大的网络安全支出。上个月的吉普制造商Fiat克莱斯勒汽车宣布,它正在与总部位于旧金山的众包网络安全公司合作,通过支付赏金来识别潜在的漏洞,找到其安全软件中的差距。

In the sharing economy, a business like Airbnb offers fertile ground for criminal activity, given that主持人和客人可以妥协提供带住宿的无线网络连接。The rise of online services has given hackers a wealth of opportunities involving card-not-present transactions, those in which merchants don’t have access to a physical credit card for payment.

第四次工业革命聚集速度,the world is scrambling to adapt to cybercrime’s new reality. Kensho’s Cybersecurity Index gives investors a way to follow the money.

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