Arm Your Portfolio With Cyber Security Stocks as Threats Increase

The growing threat of cyber attacks makes cyber security stocks an important addition to your portfolio, according to RealMoney Pro contributor Chris Versace.
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The growing threat of cyber attacks makes cyber security stocks an important addition to your portfolio, according to RealMoney Pro contributor Chris Versace. He says there's been an explosion in cyber security incidents this year, with PwC citing a 48% rise so far in 2014 to 42.8 million attacks. This is causing many companies to increase spending on cyber security, which Versace explains makes it a growth industry with a lot of upside potential. Versace says while investors can consider standalone companies like FireEye, Palo Alto Networks and Imperva, he recommends newly-launched exchange-traded fund PureFunds ISE Cyber Security ETF, which is a broad-based way to play the sector.