Best Cyber Security Companies Asx

The company went public via a reverse ipo or backdoor listing by acquiring a.
Best cyber security companies asx. There are six asx small caps involved in cyber security. Touted as the world s first online cyber security exchange the company allows small and mid size businesses to identify cyber security risks and connect them with appropriate products. The most successful stock in recent times is prophecy international asx pro which has gained 93 per cent in six months. Is this because of the technology offerings being lacking in some way or the relative lack of specialist investors to pick up on the opportunities being presented and give them some market support and impetus.
The asx does host cyber security companies but sadly it is a desert in terms of investment success. Hack is designed to track the performance of the nasdaq cybersecurity index. The global cybersecurity market is expected to expand at a healthy compound annual growth rate cagr of 10 0 through 2027 as cybercrime affects more individuals companies and governments. After qbe insurance group ltd recently invested in us.
A report by the australian computer society last year revealed that australia requires 11 000 additional technical cyber security workers over the next decade. Covata ltd cvt is another pure play cyber security provider that launched on the asx in november 2014. Whitehawk listed on the asx after raising 4 5 million selling shares at 20c plus a free attaching option for every four shares. It found that many companies have.
The fund offers australian investors exposure to companies in the united states europe and japan investing in both existing marquee names as well as emerging players in the cybersecurity industry. For investors hoping to benefit from the growing industry the asx offers several small cap companies with exposure to the field. The recently launched betashares global cybersecurity etf asx. The asx 100 cyber health check means we now have a baseline where companies can see how they rate against their peers and can take practical steps to improve their cyber security.
The results of this survey show we have come a long way since i launched the cyber security strategy 12 months ago. Sky s the limit will showcase leading cyber security companies to corporate contracts and build knowledge of australian cyber security technology and capability within the asx300.