This article was originally published on ETFTrends.com.
By Jeremy Schwartz, CFA, Global Head of Research, WisdomTree
Last week’s Behind the Markets podcast featured Liran Grinberg, co-founder of venture capital firm Team8, which has a deep focus on cybersecurity-related issues and who collaborated with WisdomTree to create the WisdomTree Team8 Cybersecurity Index.
We discussed the unique background of many Team8 members, and how the company built a village of technology specialists to establish, grow and invest in the cybersecurity ecosystem.
Grinberg was a member of an elite unit known as 8200, which is the largest intelligence operation within the Israeli military. Grinberg shared lessons from 8200’s recruiting and its fast pace—how the turnover every three years leads to a wide acceptance that most missions will be a failure, but they can keep giving the same missions to new teams to see if they can be innovative. Being very “failure tolerant” is one principle of 8200 that leads to so much success—and the rotation from 8200 to industry helped Israel become known as the “Start-up Nation.”
Team8 believes there are seven themes driving the future of cybersecurity, and one unique insight Team8 brings is the attacker’s perspective—with a number of former intelligence team members who applied the offensive side of cyberattacks. But Team8 also has the practical perspective of chief security officers as part of their village of specialists.
Below are details on the seven themes Team8 uses to evaluate cybersecurity companies and trends.
For definitions of terms in the table, please visit our glossary.
In addition to the above themes, our podcast also touched on important topics, including:
How important quantum computing will be, especially with regard to encryption, and how software companies are already preparing for the future when quantum computing becomes widespread. Grinberg mentioned that a lot of work in quantum computing is happening in Europe, which surprised me as the region is not often known for technology leadership.
What you can do to protect your own data—it’s always great to hear what the true cybersecurity professionals do.
This was a great discussion on the important issues in cybersecurity, all through the attacker’s perspective lens that Team8 brings to the space. Please listen to the full conversation below:
Originally published by WisdomTree, 2/2/21
U.S. investors only: Click here to obtain a WisdomTree ETF prospectus which contains investment objectives, risks, charges, expenses, and other information; read and consider carefully before investing.
There are risks involved with investing, including possible loss of principal. Foreign investing involves currency, political and economic risk. Funds focusing on a single country, sector and/or funds that emphasize investments in smaller companies may experience greater price volatility. Investments in emerging markets, currency, fixed income and alternative investments include additional risks. Please see prospectus for discussion of risks.
Past performance is not indicative of future results. This material contains the opinions of the author, which are subject to change, and should not to be considered or interpreted as a recommendation to participate in any particular trading strategy, or deemed to be an offer or sale of any investment product and it should not be relied on as such. There is no guarantee that any strategies discussed will work under all market conditions. This material represents an assessment of the market environment at a specific time and is not intended to be a forecast of future events or a guarantee of future results. This material should not be relied upon as research or investment advice regarding any security in particular. The user of this information assumes the entire risk of any use made of the information provided herein. Neither WisdomTree nor its affiliates, nor Foreside Fund Services, LLC, or its affiliates provide tax or legal advice. Investors seeking tax or legal advice should consult their tax or legal advisor. Unless expressly stated otherwise the opinions, interpretations or findings expressed herein do not necessarily represent the views of WisdomTree or any of its affiliates.
The MSCI information may only be used for your internal use, may not be reproduced or re-disseminated in any form and may not be used as a basis for or component of any financial instruments or products or indexes. None of the MSCI information is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such. Historical data and analysis should not be taken as an indication or guarantee of any future performance analysis, forecast or prediction. The MSCI information is provided on an “as is” basis and the user of this information assumes the entire risk of any use made of this information. MSCI, each of its affiliates and each entity involved in compiling, computing or creating any MSCI information (collectively, the “MSCI Parties”) expressly disclaims all warranties. With respect to this information, in no event shall any MSCI Party have any liability for any direct, indirect, special, incidental, punitive, consequential (including loss profits) or any other damages (www.msci.com)
Jonathan Steinberg, Jeremy Schwartz, Rick Harper, Christopher Gannatti, Bradley Krom, Tripp Zimmerman, Michael Barrer, Anita Rausch, Kevin Flanagan, Brendan Loftus, Joseph Tenaglia, Jeff Weniger, Matt Wagner, Alejandro Saltiel, Ryan Krystopowicz, Kara Marciscano, Jianing Wu and Brian Manby are registered representatives of Foreside Fund Services, LLC.
WisdomTree Funds are distributed by Foreside Fund Services, LLC, in the U.S. only.
You cannot invest directly in an index.
POPULAR ARTICLES AND RESOURCES FROM ETFTRENDS.COM