Jeff Yastine Blog | Profit From Russian Hackers | Talkmarkets - Page 2
Editor, Total Wealth Insider
Contributor's Links: Banyan Hill Publishing

Jeff “JL” Yastine is the editor of Total Wealth Insider. He first joined Banyan Hill Publishing as editorial director in 2015, bringing with him more than two decades of experience as a stock market investor and financial journalist at the center of financial world ... more

Profit From Russian Hackers

Date: Tuesday, February 27, 2018 1:10 PM EST

What about at the state level? “Security and risk management is the No. 1 priority” according to a recent survey of members of the National Association of State Chief Information Officers.

Keeping Russian Hackers Out of Our Elections

On the other hand, actual increases in cybersecurity funding are few and far between.

According to the Ponemon Institute, most states are still far behind — increasing their cybersecurity-IT budgets at 2% a year (if they increase them at all), while most companies raised theirs by 10% or more in the last few years.

But that might be starting to change, at least around the edges of the problem, such as voting safeguards.

Late last year, a bipartisan group of senators floated a bill called the Secure Elections Act. It would create comprehensive cybersecurity guidelines for local election agencies and create a $386 million grant program.

That’s a drop in the bucket from a funding perspective.

A group of Congressional Democrats wants $1 billion in election-oriented cybersecurity spending (a proposal that will go nowhere).

But the point is, as cybersecurity investors, the trend’s our friend — and the trend for cybersecurity spending continues to rise.


Jeff L. Yastine

Editor, Total Wealth Insider

Editor’s Note: With cryptocurrencies, anyone with an internet connection can transfer a unique piece of digital property to another person in a way that’s safe and secure. And digital currencies will soon have a much greater impact than most people realize … which is a big reason why the crypto rally we saw last year is puny compared to what’s ahead. Astute investors stand to make incredible gains in the coming months … if they have a true cryptocurrency expert in their corner. To find out how top hedge fund manager Ian King became one of the foremost crypto experts in the world, click here to watch his webinar presentation.

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