If we are witnessing a colossal shift in the tech market, cybersecurity is a sector that could hand over double-digit gains in a matter of days
There’s just one problem: Your connected devices are starting to cause some serious security issues.
Maybe your thermostat is connected to the internet.
Or perhaps your home security camera is linked to an app on your phone.
Even your refrigerator could be logging on to the web these days to remind you to pick up milk on your way home from work.
You might even have an internet enabled video doorbell I hear they’re great for shooing away solicitors.).
For one, criminals are exploiting their weaknesses to tap into your personal information.
The CEO for cybersecurity firm Darktrace recently revealed the details of one such attack where cybercriminals hacked into a casino through a Wi-Fi enabled fish tank thermometer.
Last month, a huge tech deal died.
Singapore-based Broadcom wanted to acquire U.S.-based Qualcomm (NASDAQ: QCOM).
The final bid before the Trump admin stopped the deal stood at $146 billion. Had it gone through, it would have been the biggest acquisition in tech history.
Why was it stopped?
The reason is national security. Qualcomm is considered to be too important to be owned by a foreign corporation.
The first 5G networks will be rolled out in the U.S. this year by telecommunications companies like Verizon in select test markets.
One thing is certain,these 5G companies are making a FORTUNE in stocks! It's all for the money and these giants are selling everyone's freedom:( I personally will never buy anything electric that has SMART on it!