2015 was the year data breaches got personal, with identity theft the number one type of breach incidents last year.
The goal of cybersecurity is to protect data both in transit and at rest.
We are recommending a BUY rating on Corporate Office Properties at the current share price.
This morning I was watching CNN, and the host was talking about the upcoming presidential elections. While most of the political pundits typically disagree over topics ranging from Hillary Clinton’s missing emails to Donald Trump’s tax returns, I found it interesting that almost everyone was in agreement that the number one issue today in the United States is homeland security.
As you know, I just finished a book called The Trump Factor (available on Amazon), and while my research for the book was dedicated to the “business of Trump”, I have recently been pondering this top political issue to Trump and his challenger.
Regardless of your political views (and I will not share any in this article), I cannot recall a time in my life in which the subject of security has become so relevant. Keep in mind, I started writing my book on Trump over three years ago, and had you asked me whether or not security would be the most important aspect for the next election, I would have said you’re nuts.
Likewise, if you had asked me twenty years ago whether or not the REIT sector would include a micro-focused category known as Cybersecurity, I would have also said you’re bonkers!
Similar to Data Center REITs, the Cybersecurity sector is a relatively new sub-sector that essentially includes all the processes and mechanisms by which digital equipment, information, and services are protected from unintended or unauthorized access, change, or destruction.