Forum Topics Cybersecurity stocks on the ASX
Forlorn
Added 5 years ago

The cybersecurity field is becoming very popular now. More and more people want to join this field. 

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learnedone
Added 5 years ago

I also feel that, somewhat regrettably, that cybersecurity is now an essential requirement for contemorary businesses, given the move by criminal elements, some state-sanctioned, to hold the IT systems of vulnerable businesses up to ransom.  There are many players, some small and most overseas.  I got confused after looking at some of these, and decided to hedge by investing in the BetaShares Global Cybersecurity ETF - ASX: HACK.  The fund return over the last 12 months (net of fees) is 29.8%, and I can't see it slowing down any time soon.

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Muddled
Added 5 years ago

I'm with learnedone.  I'm very sure there are Cyber stocks that are better placed but I'm in HACK for it's diversity and broader exposure.

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CanadianAussie
Added 6 years ago

CPT appears to be another one with exposure to cybersec.

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Zamberdine
Added 6 years ago

Given the recent government announcement on the future defence spend, where a proportion of this will be allocated to cybersecurity I thought it would be interesting to see what there was on the ASX.  According to a Stockhead article from Nov 2019, there are 7 ASX small caps involved in cyber security in some way.

1. Prophecy International (ASX:PRO) which was established in 1980, sells software that monitors event log data to detect threats which also adheres to security standards.

2. Archtis (ASX:AR9) has a content and collaboration cloud service that caters to government departments to securely share classified information.

3. Senetas (ASX:SEN) is a developer and manufacturer of certified, defence-grade encryption solutions, specialising in high-speed network encryption hardware products and technology designed to protect government and enterprise information.  Reported earnings in 2019.

4. Tesserent (ASX:TNT) Tesserent provides a 24/7 Security-as-a-Service offer to small and large organisations. They also provide cybersecurity solutions to small-medium businesses .

5. Whitehawk (ASX:WHK) is an online exchange of cyber security services and products.

6. Elsight’s (ASX:ELS) Has a tech platform that supports video capturing, recording, which is designed to securely transmit without interception and hacking.

7. PS&C (ASX:PSZ), is an IT company that has 4 areas of focus.  In relation to cybersecurity they have 4 companys involved in that space.

Any others out there?

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CanadianAussie
Added 6 years ago

I'll try to get my research on WHK up over the weekend. Harley Grosser has an article on PRO - https://www.livewiremarkets.com/wires/three-more-small-cap-recovery-stocks There are strong tailwinds for cybersec, particularly in America if you have the time to look into the CMMC regulations that will be rolling out over the next 5 years. I'd love to gain exposure to this sector but I'm wondering if maybe the HACK ETF is the best way to do this. VOR is an ASX listed cybersec company as well. They may come up as an ATM operator in a quick screen but they're looking at selling off that arm of the business.

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Bear77
Added 6 years ago

I would add MAQ (Macquarie Telecom) to that list (I hold MAQ). They provide cybersecurity services to government departments as well as cloud data storage solutions and telecommunications services. They are very much under the radar and those that are aware of them think of them as a small Telco, however their data centres and cybersecurity division are very significant - and they have some major government clients - including the ATO - see here: https://www.govtechreview.com.au/content/gov-security/news/ato-signs-20m-deal-with-macquarie-telecom-group-1421523562 I've posted a few straws about them under MAQ - including about their recent announcement concerning a major expansion of their Canberra data centres on the back of further government contracts - see here: https://strawman.com/member/company/forecasts/MAQ and: https://www.ausbiz.com.au/media/data-bunker-build?videoId=2011 That last link is to an Ausbiz interview with Aiden Tudehope that is well worth listening to. Founders (Tudehope brothers) own most of the company and run it very well, and MAQ have been flying lately.

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