It’s Not All Rainbows and Unicorns When It Comes To Technology

By MoneyMorning.com.au

This week we’ve written a lot about technology. And for good reason. We are at the beginning of some significant technological developments.

You’ll see the biggest of those developments – and three unique ideas to profit from it – around 2pm this afternoon, when Kris and I finally release our a brand new video.

Not only are these ideas bigger and potentially more profitable than any I’ve seen in my entire career studying technological trends…we’ve figured out a way you can get access to this research for a fraction of the upfront cost.

So stay tuned. It’s almost ready.

The point is, industry across the entire spectrum is going through significant change. Medicine, entertainment, manufacturing, clothing & apparel, transport and logistics are all in the midst of significant structural shifts.

Business models need to adapt and new, youthful, energetic businesses are springing up at a rate of knots.

It’s a lot to take in. A lot to understand and to know about. And it’s completely understandable if sometimes you fell overwhelmed by all this information. Because when it comes to technology, nothing stands still.

Sometimes companies stand still, and they get passed, and often wilt away to nothing. But there are plenty that continue to innovate, develop, adapt and change.

And many people worry about big change like this. The very concept and thought of change is terrifying to some. The thought that personal and private information might get out into the World Wide Web is too much to handle.

We often paint a rosy picture of the future, but mark my words, as exciting as it is and as profitable as it will be, it won’t always be full of pretty rainbows and unicorns.

Let me give you an example of what I mean. Last week one of the biggest security breaches ever struck the U.S company Target.

Brian Krebs, a security blogger first broke the story. Then yesterday Target posted a press statement,

Approximately 40 million credit and debit card accounts may have been impacted between Nov. 27 and Dec. 15, 2013. Target alerted authorities and financial institutions immediately after it was made aware of the unauthorized access, and is putting all appropriate resources behind these efforts.  Among other actions, Target is partnering with a leading third-party forensics firm to conduct a thorough investigation of the incident.

That’s one hell of a security breach. 40 million card details. And this kind of thing isn’t uncommon these days. Every other week you hear of hacked and compromised networks.

In a world of connected devices it’s inevitable for systems to be hacked. However it’s not a one-way street where cyber criminals have passage to do as they like.

It’s a genuine online battle between good hackers and bad hackers. As we’ve written about previously, it’s World War D. The online battle for control of information and the very existence of the internet.

Now although this is pretty scary stuff, it’s important to know that doesn’t mean you can’t (legally) profit all this cyber security action.

Because there are some pioneering companies dedicated to protecting the internet. Cyber security is one of the biggest growth industries in the world.

Take for example Symantec and Trend Micro. These are two multi billion-dollar companies with cyber security offerings.

But there are others you’re not aware of that go beyond software for your home PC. One such company ‘is the internet’. Their technology adds such complex layering to the protection of the internet, that without them…there might not be an internet.

You see as we continue to advance technology we create more digital networks. It’s an inevitable part of human evolution. It leads to a better world through a raft of huge opportunities that we’ve written about all week.

But there are those that seek to corrupt these networks. To maliciously abuse the technology, often for personal gain. You might know them as Black Hat Hackers. You might have even experienced their evils first hand. I know I certainly have.

Not too long ago I opened my MacBook and jumped online to discover this page staring me in the face:

No matter what I did, the window wouldn’t close. I was actually worried for a minute my computer was dead to me.

But I soon realized two things:

1) This was not the actual FBI,
2) I was not the only person to have come across this malware.

Because all I had to do was jump onto a cyber security forum where numerous good hackers, white hat hackers, had put step by step instructions up to get rid of this malware.

And within five minutes I’d managed to get rid of it.

The ease with which I was able to combat the malware (on supposedly malware proof Macs) gave me great hope that the good hackers are fighting a good fight.

And having researched and investigated the work our two recommended cyber security companies are doing gave me even greater peace of mind.

It’s easy to get lost in the scary headlines. And situations like the Target breach do nothing to help. But you must also balance those views by understanding the amazing work cyber security is doing to fight back.

Statistically at some stage you are going to come across some form of malware, or spam or something that potentially compromises your computer, smartphone or network. You need to accept that as a part of our connected future.

But you also need to know that there are ways you can fight back. By ensuring you have your own home and work cyber security measures up to scratch is a start. And of course by being a part of this booming industry by investing in some of the most pioneering companies in the world.

Don’t get me wrong, this is the most exiting time to be an investor in technology stocks. The potential across all industry is huge. Cutting edge technology companies are set to literally change the world. But there are risks you need to be aware of, and cyber security is one of those.

However with the right information you can also make huge profits. As the battle for the internet continues to rage on you can either hide from it, or take action against it.

One of the reports you’ll learn about this afternoon reveals a company at the forefront of the trillion dollar cyber security industry. You’ll learn all about it around 2pm today.

Until then,

Sam Volkering,
Technology Analyst

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By MoneyMorning.com.au