Cybersecurity is expected to be one of the most exciting markets to be in 2015. Fred Wilson, who’s probably one of the most recognized venture capitalist in the business, said, “Cybersecurity budgets will explode in 2015 as every company, institution, and government attempts to avoid being ‘Sony’d.’ ”
In closing: 2014 put cybersecurity on the map. 2015 will be the year that the market starts getting serious about investing in protecting data. And with no company safe from hackers, the market opportunity appears massive.
Investors can cherry-pick the best plays in the market. The cybersecurity ETF’s top three holdings include Infoblox (NYSE: BLOX), FireEye (NASDAQ: FEYE) and Fortinet (NASDAQ: FTNT). But beware, they aren’t huge companies. They have market caps ranging from $1 billion to $5 billion.