Tuesday, July 11, 2017

Tech Billionaires Positioning Themselves for $1 Trillion Cybersecurity Boom

Tech Billionaires Positioning Themselves for $1 Trillion Cybersecurity Boom
OilPrice.com News Commentary

LONDON, July 10, 2017 /PRNewswire/ --

Make no mistake: Your data is under attack and hacker extortionists are getting rich-but this is a war with opportunities on both sides, and for the warriors fighting cybercrime, it's a $200-billion-plus opportunity with endless market potential.

When your email can be hacked by a 12-year-old, and giant Internet of Things (IoT) companies like Yahoo!, Google and Facebook can't keep you safe, the e-mail of the future promises to halt data theft in its tracks. Keeping a close eye on PureFunds ISE Cyber Security ETF (NYSE: HACK), Raytheon Company (NYSE: RTN), Rapid7, Inc. (NASDAQ: RPD), SecureWorks Corp. (NASDAQ: SCWX), Pure Storage, Inc. (NYSE: PSTG)

And one little-known company is doing just that.

California-based Identillect Technologies Corp. (ID; IDTLF)  is storming the data security space with a historical first: an email encryption solution that is cheap and easy to use-for everyone.

In fact, it's a brilliant 2-minute email install solution that has the potential to win the lion's share of the profits in an industry where security is now the Holy Grail.

Identillect is ready to storm this war zone with the first solution that fights back against hackers with the push of a button, and their solution can be used as a plugin on Gmail, Outlook, Office 365, Hotmail, and on mobile-optimized web portals.

With Identillect now approaching 40,000 subscribers and enjoying amazing 70 percent margins, low churn and phenomenal subscriber growth, this 10-cents-a-share company could be the fastest path to outsized gains for first-in investors.

Here are 6 reasons why you should keep an eye on Identillect Technologies Corp. (ID; IDTLF):

1) CyberSecurity is the Hottest Sector Right Now

Not only can your email be hacked by a pre-teen, but giant companies are paying out massive money to hackers directly or indirectly.

  • Hackers cost Yahoo! some $350 million last year when they breached one billion user accounts, causing Verizon to reduce its purchase price tag.  
  • Google and Facebook wired a hacker for $100 million.

Click here to read the details of the report.

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