Yesterday big tech companies met with officials at the White House and committed billions of dollars towards cybersecurity initiatives. As the world digitises and we become more connected online, we become more vulnerable to cyber-attacks. Data theft and the interruption of crucial systems can impact millions of people. Governments around the world are pushing both private and public operators to protect their data.
Here at Vestact we like investing in sectors that make the world a better place. Businesses that do that often get ongoing regulatory support. Think of Tesla which earns carbon credits or Visa which benefits from initiatives to promote electronic payments and eradicate cash.
Cybersecurity is vital and will attract near-universal support. That is why we have earmarked CrowdStrike as an exciting addition to Vestact portfolios.