Fund in focus: back the war against hackers

A London-listed fund has just been launched allowing investors to put their money in cybersecurity.

Several high-profile hostile hacks of major corporations and governments in recent years have put cybersecurity firmly on the agenda. And the ongoing rise of "the internet of things" (the ability of the most mundane devices to be networked and "talk" to one another) and the popularity of storing computer data remotely in "the cloud" means it will only become more important.

This could be extremely lucrative for some firms. A recent report by Bank of America Merrill Lynch estimated that the cybersecurity market is already worth $75bn and could grow to $170bn by 2020.The downside is that there have been few ways for investors in Europe to get broad-based exposure to the industry.However, this is about to change with the recent launch of the ETFS ISE Cyber Security GO UCITS ETF (LSE: ISPY).

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