Digital security companies continue to perform well as major breaches and hacker intrusions appear to be pushing investment. Performance in some of the largest digital security companies and a popular basket of cybersecurity companies is outperforming other tech sectors by a large margin, with one of the most popular cybersecurity ETFs increasing 20%, compared to 14% for a comparable tech ETF and 4.5% for a S&P 500 index fund. Facebook’s Mark Zuckerberg has continued to emphasize the company’s move towards security investments, recently saying that “I’ve directed out teams to invest so much in security – on top of the other investments we’re making – that it will significantly impact our profitability going forward.”
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