The biggest wealth transfer in history is underway: AI provides the means for cybercriminals to cost the global economy trillions of dollars. But just as AI is a threat, it is also a solution. Companies that can harness AI to tackle the cyber threat could see exponential growth. We present our Top Ten crybersecurity companies and three companies which lead the way, one of which is a constituent of our Mega-Trends Portfolio. (Premium)
Mark Carney, former governor of the Bank of England, once said that a potential cyber-attack poses one of the four largest threats to the global economy - I think he was understating the danger!
According to a previous report from Cybersecurity Ventures, by 2025, global cybercrime will cost the global economy $10 trillion. To put that number in context, the combined GDP of Japan and Germany is less…
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