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MarketBeat
MarketBeat
Jessica Mitacek

As AI Data Breaches Become More Common, This Cybersecurity ETF Is Surging

The expeditious if not aggressive rollout of artificial intelligence (AI) has had its fair share of consequences—both positive and negative—in just a few years.

On one hand, the global memory chip shortage has resulted in new members of the trillion-dollar market cap club while rewarding shareholders with once-in-a-generation gains. On the other hand, AI-assisted hacking and malware deployments have created a situation wherein demand for cybersecurity is not only unprecedented, it is absolutely critical.

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