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ETF That Tracks Firms Fighting Cyber-Crime Is Launched On London Stock Exchange
Tom Burroughes
29 September 2015
The ever-expanding world of exchange traded funds took another turn yesterday with news that a fund that tracks performance of firms trying to defeat cyber-criminals is being launched. this is a sector we can expect to dominate headlines and corporate budgets,” Kris Monaco, head of ISE ETF Ventures, said. Since 2009, reported cyber security incidents have grown at the year-on-year compound annual growth rate of 66 per cent, the firms said. Tech research company Gartner predicts that by 2018 more than half of organisations will use security services to ward off attacks and improve security.