A quick look at newspaper headlines reveals a wave of recent high-profile data security breaches compromising millions of customers’ personal details, passwords and financial data. Companies from a variety of sectors including financial services provider JP Morgan, health insurance company Anthem, and retail giant Target have all been hit by a cyber-attack within the last few years. With such an omnipresent cyber threat, it is no longer a matter of if, but when an organization is attacked – and how it defends itself.
And companies are taking note. According to IT research provider Gartner, global spending for information security is expected to be more than USD 100 billion in 2015. Over the next four years, the market is expected to grow another 8.7%, reaching about USD 150 billion by 2019.¹ As IT budgets expand to keep pace with the growing cyber threat, IT security solutions providers are expected to benefit, in turn offering investors a range of investment opportunities.
While conventional cybersecurity solutions such as antivirus software, firewalls or email/web filters are still an important first line of defense, in a world of big data and multiple access rights, more sophisticated software solutions are required. For example next-generation firewalls move beyond simply identifying threat signatures and monitor behavioral patterns of external intruders trying to access a network. Advanced threat protection (ATP) solutions, on the other hand, focus on internal threats by analyzing abnormal user traffic behavior. And encryption software solutions encode information so that only authorized parties can decode and read it. As the cybersecurity sector continues to evolve, many other technologies such as big data analytics, threat intelligence or cognitive security are also beginning to emerge.
Companies that offer integrated security solutions in their software or hardware products and pure play IT security companies specializing in the latest dynamic IT security technologies should benefit from increased IT security spending.
Although the IT security segment is growing quickly, it only accounts for a fraction of total revenues for integrated solution providers such as Cisco or Juniper Networks. But for pure-play companies focusing exclusively on IT security solutions such as Palo Alto Networks, FireEye or CheckPoint Software, growing IT security spending has a much stronger impact on corporate value.
1 Gartner: Information Security, Worldwide, 2013-2019, 1Q15 Update
The information contained on these pages is solely intended for Qualified Investors in accordance with the Swiss Collective Investment Schemes Act of 23 June 2006 (“CISA”) domiciled in Switzerland, Professional Clients in accordance with Annex II of the Markets in Financial Instruments Directive II (“MiFID II”) domiciled in Liechtenstein, Austria, Germany, Sweden, UK, France, Netherlands or Italy holding a distributor license or herewith requesting respective information on products and services in their capacity as Professional Clients.
Some funds about which information is shown on these pages fall outside the scope of the Swiss Collective Investment Schemes Act of 26 June 2006 (“CISA”) and therefore do not (need to) have a license from or registration with the Swiss Financial Market Supervisory Authority (FINMA). Some funds about which information is shown on this website may not be available in your domicile country.
To view the Robeco/RobecoSAM products that are registered/available in your country, please go to the respective Fund Selector and select your country of domicile. Neither information nor any opinion expressed on this website constitutes a solicitation, an offer or a recommendation to buy, sell or dispose of any investment, to engage in any other transaction or to provide any investment advice or service. An investment in a Robeco or RobecoSAM product should only be made after reading the related legal documents such as management regulations, prospectuses, annual and semi-annual reports, which can all be obtained free of charge at the Robeco offices in each country where Robeco has a presence.