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Protecting Your Portfolio With Cybersecurity Stocks- Real Money

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Cybersecurity is in limelight again after meat producer JBS USA ( (JBSAY) ) revealed that they have been a target of cyberattacks. 

On Sunday, the company released a statement saying the attack affected some of the servers supporting its North American and Australian IT systems.

"The company took immediate action, suspending all affected systems, notifying authorities, and activating the company's global network of IT professionals and third-party experts to resolve the situation," JBS said.

Cyberattack in big companies is not new. This month, Colonial Pipeline suffered an attack that disrupted fuel supply on the East Coast. 

Related: Blockchain and Security: How Will Slow Government Adoption Affect Cryptocurrency?

So, what does this attack mean to the cybersecurity companies?

Jeff Marks, Senior Portfolio Analyst at Action Alerts PLUS sat down with Chris Versace, the co-manager of Trifecta Stocks and Stocks Under $10, to discuss its implications to the stock market.

Editor's Note: This video was first published on June 1, 2021.

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