Rising Cybercrime and Hostile Foreign Attackers Create $2 Trillion Cybersecurity Boom for Investors
As the costs associated with hacks, data breaches and ransomware attacks skyrockets, desperate companies will soon be spending $1.5 to $2 trillion a year to fight it. And one little-known company with an advanced cybersecurity technology could be positioned to become a major player in that market.
By Tim Collins • Editor in Chief, Streetlight Confidential
Fri, December 5, 2024 9:00 A.M. CDT · 10 min read
Issued on behalf of Scope Technologies Corp.
In August 2024, news outlets around the world revealed one of the most shocking data breaches in recent history.
Approximately 2.9 billion records, including names, email addresses, phone numbers, mailing addresses, financial data and, distressingly, Social Security numbers, were stolen when Coral Springs, Florida, firm National Public Data (NPD) suffered a massive cyberattack. The company confirmed that the breach, which happened in December 2023, resulted in the potential leaks of data in the summer of 2024.
Nearly every day in the news, we hear about yet another damaging data breach or ransomware attack that puts valuable data — including yours — into the hands of hackers. And the number of attacks is soaring — up 30% year over year according to the latest numbers.
As bad as this is, it’s a day at the beach compared to what’s coming.
That’s because hostile nations across the globe — including Iran, North Korea, Russia and Communist China are going all-out to develop a breakthrough technology that will unlock what I call the “Master Key” to the Internet.
A Cyber Catastrophe in the Making
If they succeed in harnessing this groundbreaking “Master Key” technology, the consequences could be catastrophic.
Anyone with access to this new technology will be able to…
- Access every bit of personal financial, health and other data about you and everyone else on the planet
- Hack into just about anything … endangering critical infrastructure and perhaps even changing future election results
- Potentially access government computers, thus exposing all manner of secret information and endangering national security
In fact, virtually anything connected to the Internet will be vulnerable to attack.
As you might expect, I was more than a little alarmed when I first learned about this menace a few months back. The idea of Communist China getting their hands on this “Master Key” is pretty terrifying.
But then my research uncovered the work of a computer genius and former Swiss intelligence officer who has already found a solution … and invented a technology that can protect us.
I’ll tell you more about this remarkable man in a moment — and reveal seven reasons why I’m now recommending that subscribers to my Streetlight Confidential Newsletter consider starting their due diligence on the company that’s bringing his technology to market.
It’s a little-known company called Scope Technologies Corp. (OTCQB: SCPCF; CSE: SCPE) . And for reasons that will become clear over the next few minutes, you’ll see why it’s my No. 1 pick in the booming cybersecurity market.
The Deadly Danger of State-Sponsored Hackers
However, before I get into all that, I think it’s crucial for you to understand the massive role state-sponsored hackers already play in disrupting our interconnected digital world.
In March 2022, hackers affiliated with the North Korean government penetrated a computer network used by the video game company Axie Infinity and made off with $620 million in cryptocurrency.
The money will likely be used to help fund North Korea’s nuclear weapons program.
- In late 2023, Midnight Blizzard, a group of Russian state sponsored hackers breached one of Microsoft’s core computer systems and stole sensitive information, which helped them gain access to data at the U.S. Department of Veterans Affairs and two other government
- Perhaps most frightening of all, in January 2024, Jen Easterly, director of the Cybersecurity and Infrastructure Security Agency (CISA), told a Congressional Committee that hackers affiliated with Red China had penetrated aviation, water, energy and transportation infrastructure.
Their goal: To use that access to create turmoil in the U.S. during a geopolitical crisis — such as the long-planned invasion of Taiwan — thus weakening our ability to respond.
Data Breaches Happen Almost Daily
I could go on and on, listing hack after hack — some that endanger national security… some that expose personal data… and some that can put a company out of business unless they pay a seven or eight figure ransom — but you already know how common they’ve become.
And how routinely they expose all sorts of personal information including Social Security numbers, bank account details, medical records, passwords, credit card numbers and more.
Which explains why you’ve most likely received a handful of letters informing you that an unknown actor has gained access to your personal information and detailing the steps the company is taking to make sure it never happens again.
Rising Tide of Cybercrime Brings Big Profits to Investors in Select Cybersecurity Companies
Not surprisingly, the cybersecurity business is booming as a result… as companies, governments and wealthy individuals desperately try to protect their secrets and yours.
And this has opened up a number of potentially highly profitable opportunities for investors.
For example, over the past five years…
- Investors in Check Point Software Technologies (NASDAQ: CHKP) have made 92.22% on their money
- They did even better with CyberArk Software (NASDAQ: CYBR) which nearly tripled as it shot up 187.22%…
- And better still with Palo Alto Networks (NASDAQ: PANW), making better than five times their money as it shot up 423.16%.
An Even Bigger Threat is Around the Corner
Yet even as these companies work frantically to defeat today’s hackers… a new hacking menace is quietly beginning to rear its ugly head.
It’s a menace that will hand hackers a computing tool so fast and so powerful, every single modern encryption method will be rendered useless — in essence, a “Master Key” to anything connected to the Internet.
And, as I mentioned, it will make today’s garden variety hacks seem like a day at the beach. Worse yet, as you’ll see in a moment, countries hostile to the United States — including Red
China — are spending billions of dollars to develop this technology so they can weaponize it against the U.S.
No Password Will Be Safe and Every Secret Will Be Exposed
Once weaponized, this revolutionary breakthrough threatens to throw our cybersecurity defenses into chaos as traditional safeguards, once thought impenetrable, quickly crumble before its speed and power.
You may have heard of this “Master Key.” It’s called “Quantum Computing” and it’s a breakthrough that will lead to computers so fast and so powerful that they’ll have the ability to break any password or key and quickly crack even today’s most advanced encryption algorithms.
These quantum computers are literally — not figuratively — a billion times faster than conventional computers at cracking even the best cryptographic encryptions.
And once hostile foreign powers get their hands on a “Master Key” to the Internet, they’ll lay bare our most closely guarded secrets and data — including top secret information critical to U.S. national security.
New Technology Makes Encryption Secure Again
Fortunately, as I mentioned, one junior company has developed technology that makes encrypted files impenetrable by quantum computers.
The company is called Scope Technologies Corp. (OTCQB: SCPCF; CSE: SCPE) . And, as you’ll see in a moment, its amazing technology uses random streams of “entropy” to instantly create 100% unbreakable passwords and keys that will put quantum hackers back on their heels.
This technology was developed by Swiss computing genius Sean Prescott, Scope Technologies’ Chief Technical Officer. Sean cut his teeth working at Switzerland’s Federal Intelligence Service — widely known as “Switzerland’s NSA” — before moving on to work in cybersecurity for the Swiss banking system, widely considered to be the worldwide gold standard for banking security.
As companies become more aware of the quantum threat and begin adopting this indispensable technology in droves, it could mean a significant increase in business for Scope Technologies Corp. (OTCQB: SCPCF; CSE: SCPE).
In a moment, I’ll reveal seven surprising reasons why I’m suggesting that my subscribers take a close look at Scope Technologies and consider investing in the company.
However, before I get into all that let me tell you a little more about what the quantum computer age means for us.
Quantum Computers: A Blessing and a Curse
While most of what I’ve told you so far makes the rise of quantum computing seem ominous, the fact is these computers will also bring a great many benefits.
And it’s all thanks to quantum’s astonishing speed.
These computers will be so fast that complex equations that would take a conventional supercomputer centuries (or longer) to solve, will take a quantum computer just minutes.
For example, according to the Wall Street Journal D-Wave — a Canadian computing company — is developing a quantum computer that can make complicated calculations in minutes that would take the world’s most powerful supercomputer millions of years.
Yes, millions of years!
This immense speed will bring groundbreaking advances to any number of industries including drug research, energy, manufacturing, finance, communications, AI and more.
No wonder major technology companies including Amazon, IBM, Google and Microsoft are pouring hundreds of millions of dollars into the development of quantum computers.
Of course, as great as those benefits are they also bring the tremendous risks to cybersecurity that I described earlier.
Fortunately, the random entropy generated by Scope Technologies Corp. (OTCQB: SCPCF; CSE: SCPE) remarkable technology will allow us to enjoy all the benefits of quantum computing without having to give a second thought to those risks.
Seven Surprising Reasons Why Scope Technologies Could Be a Great Investment Opportunity
I recently began recommending that subscribers to my Streetlight Confidential Newsletter consider starting their due diligence on Scope Technologies Corp. (OTCQB: SCPCF; CSE: SCPE).. And it’s a stock I suggest you consider starting your due diligence on as well.
Let me explain a few of the reasons why…
Reason #1: Hostile Nations Are Pouring Billions of Dollars Into Developing Quantum “Crypto Crackers,” Driving Global Demand for a Secure Solution
As you probably know, encryption uses complex mathematical equations to scramble data in such a way that it can only be descrambled with a password or key.
Of course, computer geeks on TV routinely crack those passwords and decrypt the data in mere minutes, without even breaking a sweat.
However, in the real world a simple 12 character password with one uppercase letter, one number and one symbol is pretty much uncrackable. In fact, cracking such a password would take a traditional computer 34,000 years.
In other words, as long as you’re careful, you’re safe. Or at least you were.
The problem is quantum computers will be so blazingly fast they’ll be able to crack that 12 character password — and even much longer ones — in mere minutes.
These ferocious new computers will absolutely annihilate even the best cybersecurity measures currently available.
A Critical Warning From the NSA
As the National Security Agency (NSA) warns, “A quantum computer of sufficient size and sophistication … will be capable of breaking much of the public-key cryptography used on digital systems across the United States and the world.”
No wonder hostile nations — including Red China — are spending tens of billions of dollars to develop quantum computers.
And no wonder Ana Paula Assis, IBM’s Chairman of Europe, Middle East and Africa told the World Economic Forum that quantum computers will “create a cybersecurity Armageddon.”
At the same event, Jack Hidary, CEO of the tech company SandboxAQ, warned that a “train wreck” is unfolding because most businesses are unequipped to deal with the disruption that quantum computers will bring.
When that day comes, it won’t be pretty … because a Pandora’s Box of secrets will be exposed.
For you and me, it means our medical and financial records will become a matter of public record.
And it will be open season on our credit cards, debit cards and bank accounts. Your emails and texts will be an open book.
Private and secure financial transactions over the Internet will be impossible.
For big corporations, it means customer lists, intellectual property, transaction data and more are all at risk. Corporate espionage will become a piece of cake.
And any company that does business over the Internet will be dead in the water, unable to protect your credit card number or any other information you provide.
A National Security Nightmare
Then there’s the threat to our elections. How would you like China or Iran to hand-pick the president in 2028 or 2032?
Currently, that’s a (quasi) rhetorical question. But with the advent of quantum computing, hacking elections on a massive scale becomes a very real concern.
For the U.S. government, a hostile nation with this “Master Key” technology is a national security nightmare.
Not only would it throw our electoral process into chaos; it could expose all manner of critical intelligence, military strategies, the names of covert operatives, the locations of our submarines and so forth.
Not to mention the havoc a hacker could wreak by tapping into Social Security and Medicare records… potentially redirecting payments or siphoning money right out of the Trust Funds.
Gil Herrera, the National Security Agency’s (NSA) Director of Research, made the issue clear in a public briefing he gave to the Intelligence and National Security Alliance back in March.
Herrera told the assembled intelligence experts that the NSA fears an unforeseen advance in quantum computing could dissolve cybersecurity practically overnight.
He even went as far as to suggest that sensitive communications related to nuclear weapons could be at risk. His biggest fear — one that could become a reality in our lifetimes — is that state-affiliated hackers could find themselves with ready access to critical information about U.S. weapons systems.
As Herrera bluntly put it, “If this black swan event happens, then we’re really screwed.”
Foreign Adversaries Are Already Hard at Work
The governments of Russia, North Korea and China are already utilizing massive cyberwarfare divisions. In fact, FBI Director Christopher Wray recently told the House of Representatives Select Committee on Competition with China that Chinese hackers backed by
Beijing already make a habit of targeting US infrastructure.
They’ve gone after water treatment plants, the electric grid, oil and natural gas pipelines and transportation hubs.
Committee chairman Congressman Mike Gallagher (R-Wisconsin), a former Marine Corps intelligence officer, called the hacks, “the cyberspace equivalent of placing bombs on American bridges, water treatment facilities, and power plants.”
In FBI Director Wray’s view, it’s a clear sign that Red China is ready, able and willing to target civilians in the event of a conflict.
And sure enough, on the same day that Wray testified, U.S. officials announced that they had shut down a vast state-sponsored Chinese hack that was targeting that very infrastructure.
The bad news is future quantum hacks will happen so fast they’ll be virtually undetectable.
A Silent $620 Million Heist
Furthermore, Red China isn’t alone.
Russia and North Korea have turned hacking into a cottage industry.
In fact, according to the FBI, the Lazarus group, a gang of North Korean hackers affiliated with the government, managed to steal $620 million in cryptocurrency from Axie Infinity, a video gaming company.
The North Korean state hackers came within a hair of stealing $1 billion from the central bank of Bangladesh. The heist was mostly thwarted — though the hackers did manage to transfer $81 million.
Despite that failure, the Lazarus Group has been astonishingly successful over the years. In fact, experts estimate that it has stolen at least $1.75 billion worth of cryptocurrency.
According to a U.N. report, the North Korean government relies on the money generated by these hacks to help fund its push to develop nuclear weapons.
However, they’re not just after money. North Korean hackers are also known to have targeted Google security researchers by exploiting a weakness in Windows and Google Chrome.
Russia Tries to Hack its Way to Victory Over Ukraine
Russia has its own group of hackers known as Sandworm. The group is affiliated with the country’s GRU military intelligence agency. In recent years, its primary mission has been to target Ukraine as part of its war on the country.
In 2022, Sandworm made a failed attempt to target Ukrainian power substations in a hack designed to cut electric power.
The failed hack followed on the heels of an earlier successful hack that cut power to about 250,000 people to part of Ukraine in 2015 and another smaller blackout in 2016.
Sandworm has also been blamed for a number of high-profile ransomware attacks in the U.S., the United Kingdom and the European Union.
What to Do When the World Goes Quantum
And keep in mind, all this and more is happening with traditional computers. Once quantum computers hit the mainstream, the number of hacks is likely to skyrocket.
Meanwhile, as. I mentioned earlier, multiple countries hostile to the United States are spending tens of billions of dollars to develop and deploy quantum computers.
As a result, the U.S. government is already mobilizing to protect the government’s computers.
A flurry of reports and memorandums have poured forth from the White House, the NSA and the State Department warning that quantum computers are coming…
…they’re a threat to the cryptography we rely on to secure critical data…
…and government agencies must move immediately to secure their computers with quantum resistant algorithms.
On top of that, President Biden recently signed the Quantum Cybersecurity Preparedness Act. The Act makes it law for federal agencies to adopt the technology needed to protect against attacks from quantum computers.
The Bill passed the House on a voice vote and passed the Senate by unanimous consent — which indicates that both Republicans and Democrats are on-board with taking fast action to protect our data from quantum attacks.
According to Senator Maggie Hassan (D-NH), who co-sponsored the bill, “To strengthen our national security, it is essential that we address potential vulnerabilities in our cybersecurity systems, including new threats presented by quantum computing.
“This law will help ensure that our federal government is ready to defend our country against data breaches that could be exploited by quantum computing.”
The solution to all this, according to former NSA Director General Paul Nakasone, “is to implement quantum-resistant cryptography.”
That’s the very service Scope Technologies Corp. (OTCQB: SCPCF; CSE: SCPE) already offers to businesses and governments alike.
And the protection provided by Scope Technologies’ services is the key reason why I’m so excited about this company.
I’ll tell you all about it in just a moment…
Reason #2: Companies and Governments are Spending a Small Fortune to Protect Themselves From Hackers, Creating a $2 Trillion Market
That’s trillion with a “T.” And it’s four times what cyberattacks cost businesses and governments in 2015.
It’s no wonder the cost is rising so rapidly. A recent survey by the Ponemon Institute reveals that organizations with more than 5,000 employees have experienced a significant increase in the number of data breaches and security incidents.
In fact, 61% of those responding to the survey said they had experienced a data breach or cybersecurity incident within the past two years.
An astonishing 55% said they have experienced four or more incidents in the same timeframe.
Frightened Companies Have Created a Fast-Growing Market
As a result, companies are opening their checkbooks to spend on cybersecurity. In fact, research by the consulting firm McKinsey & Company reveals that the market is growing by 12.4% a year and will soon be worth $1.5 trillion to $2 trillion annually.
That’s at least 10 times the $150 billion spent on cybersecurity in 2021.
This gives Scope Technologies Corp. (OTCQB: SCPCF; CSE: SCPE) a significant market to pursue.
One of the fastest growing markets will be small and mid-size organizations that are being increasingly targeted by hackers.
These companies are typically unsophisticated in their cyber security, often fail to update to the latest software versions to plug security holes, don’t have proper backups, and make excellent targets for hackers.
Worse yet, a breach that might be little more than an inconvenience at a Fortune 500 company can put a smaller company out of business.
For example, a midsize steel structure manufacturer in Texas was victimized by a ransomware attack. Hackers encrypted the company’s accounting and tooling software and demanded a ransom to provide the decryption key.
The company was unable to pay the ransom and wound up going bankrupt as a result.
Bottom line: Countless businesses of all kinds are unprepared for a conventional cyberattack, let alone one launched with a quantum computer.
And that’s good news for Scope Technologies Corp. (OTCQB: SCPCF; CSE: SCPE) and its investors as organizations of all shapes and sizes go on the hunt to get the protection they need.
Scope has exactly what they need to protect themselves, which brings us to… I’ll tell you all about it in just a moment…
Reason #3: Co Scope Technologies is Ready NOW with Quantum-Resilient Encryption Keys for Securing Data
You may be surprised to hear that when a computer generates a “random” number, it’s actually only “pseudo-random.”
In other words, it only appears to be random. That’s because it’s actually the result of a mathematical formula that’s programmed to generate the number… thus, because it’s based on pre-programmed parameters, it’s not truly random and given the right parameters can actually be re-generated.
When it comes to protecting data in the current cybersecurity environment, this makes very little difference for the most part — unless someone is extremely careless when it comes to creating passwords.
As I mentioned earlier, a 12-character password with one uppercase letter, one number and one symbol is generally sufficient, though the longer and more random the password, the better.
Longer, more complicated passwords may take a little more time, but we’re talking minutes or hours instead of centuries.
Every Password in the Would Needs to be Replaced NOW
And that makes it critical that every important piece of data in the world, including data you transmit while buying something on the internet, be encrypted with a lengthy and powerful key that is random and 100% unpredictable.
To do this, companies need a system for generating a stream of unpredictable and truly random alphanumeric passwords. And they need it now.
In cybersecurity circles, this random stream is called “entropy.” And the more entropy you have in your password, the more secure it is.
For example, using “password123” is low entropy and easily cracked even by a simple computer.
However, a 1,000 character password which can be generated by Scope Technologies’ platform in just seconds — is high entropy because it’s lengthy and completely random.
These are the kinds of passwords needed to maximize a company’s protection against the immense power of quantum computers. Nothing else will suffice.
Even mighty quantum computers have no hope of breaking those passwords, which means the data is likely to be safe for decades or perhaps even centuries to come.
Quantum Proof Passwords With The Click of a Button
As I mentioned earlier, the company’s Chief Technical Officer, Sean Prescott, has developed a powerful platform that generates these high-entropy, quantum resistant passwords.
And generating the password takes less than a second.
Better yet, the passwords it generates meet or exceed the quantum-resistant standards recently set by the National Institute of Standards and Technology (NIST).
Scope Technologies Corp. (OTCQB: SCPCF; CSE: SCPE) calls it “Quantum Entropy as a Service” (QEaaS), and the platform allows clients to generate and use quantum resilient entropy directly from Scope’s specialized servers.
Clients simply select how large they want the key to be, click a button and the key is generated in less than a second.
Better yet — and this is critical — Scope Technologies’ QEaaS can be implemented without what IT professionals call “rip and replace.”
This means that companies won’t have to do costly upgrades to their existing computer systems to take advantage of quantum-proof encryption.
This is a major selling point for the company that’s almost certain to benefit the bottom line. Though the company has other service offerings, in my opinion this service is a true “blue sky.”
With the quantum menace already starting to make headlines, I fully expect smart companies to look to Scope Technologies to start protecting their most critical data. And that could be good news for the company and its investors.
Reason #4: Scope Technologies Diversified Product Offerings Provide Multiple Revenue Streams
And that’s not all the company offers its customers. For clients who want to store data in the cloud, Scope Technologies Corp. (OTCQB: SCPCF; CSE: SCPE) offers Quantum Proof Cloud Storage.
It works just like Google Drive, Apple’s iCloud and Microsoft’s OneDrive. However, it’s 100% quantum-proof … secured by quantum-proof keys that no hacker on earth can crack now or in the future.
It also works great as back-up for clients concerned about ransomware attacks. Such attacks are usually — though not always — the result of an employee or employees downloading an email attachment that contains malware.
This malware then encrypts some or all of the user’s files with a password known only to the hacker. Obtaining the password requires the payment of a ransom, usually in Bitcoin.
If a client regularly backs up its data to Scope Technologies’ Quantum Proof Cloud Storage, that data will be protected not only from quantum computer attacks, but from ransomware attacks as well simply because the malware won’t be able to crack the key protecting the data.
And, while I’m most excited about Scope Technologies Corp. (OTCQB: SCPCF; CSE: SCPE).
quantum-proof encryption tools, the company also has a division that helps companies use AI to improve their advertising efforts and to help gaming companies improve their games.
The company’s predictive GEM AI software helps clients discover what the sales results will be from different ads, layouts and images without them having to spend a small fortune testing a variety of different approaches.
Essentially, the AI looks at how people behave and uses that information to make a client’s ads more personal.
This helps them better connect with their prospects and customers, and thus create more effective advertising campaigns
It also has the amazing ability to predict changes in customer behavior.
The AI can also be used to enhance computer games. It makes non-player characters more intelligent by learning from the behavior of human players. The AI can also create game content, including levels, maps, characters and items.
This helps keep gameplay fresh and exciting for gamers — which is critical to keeping them re-engaging with this $184.4 billion global market.
The Quantum Proof Cloud Storage to protect a client’s critical data and the GEM AI software provides a diversified income stream for Scope Technologies Corp. (OTCQB: SCPCF; CSE: SCPE), which is a major factor I consider when making recommendations to my subscribers.
These services could be an easy sell to companies that are already taking advantage of the company’s encryption services.
Reason #5: An Impressive Team With The Experience and Credentials to take Scope Technologies into the Future
Whenever I evaluate a company as a potential investment target, I takes a close look at the management team. I want to be absolutely they have the experience, talent and leadership ability to take the company to the next level and generate a nice return for investors.
With a tech company such as Scope Technologies Corp. (OTCQB: SCPCF; CSE: SCPE) it’s also important to take a close look at its technical leadership to ensure the kind of expertise needed to actually bring a new technology to market.
And when I looked at Scope Technologies leadership and technical team I was delighted to discover that it has the qualities I’m looking for, and then some.
The team includes:
James Young, CEO: Jim is a seasoned entrepreneur and executive with more than 25 years of experience in Sales Management, Team Building, and Operations leadership across a number of industries including telecom, print publishing, digital publishing, digital advertising and software development.
Some of his career highlights include Director of Operations at the largest call center in Western Canada from 1998 to 2005.
From there he went on to found, operate, and successfully exit a call center that served some of the largest newspaper publishers in North America.
Jim next took on the role of Director of Operations for NativeAds.com. He built and led the company’s ad network as it grew to serve approximately 10 billion ad requests per day.
Jim’s entrepreneurial spirit shone through again when he founded and successfully exited Market Jar Media Inc., a digital publishing house.
Sean Prescott, Chief Technical Officer: Sean is the computer genius behind Scope Technologies Corp’s technology platform, including the software which generates quantum-proof encryption keys and passwords.
Sean has long history history of developing and launching tech-innovations which range from real-time end-to-end quantum-resilient communication encryption frameworks and high-performance/high-security order and payment routing systems, to sophisticated artificial intelligence and machine learning frameworks.
Sean was born and raised in Zurich, Switzerland and has more than two decades of experience in the enterprise information technology and banking industry where he has established a wide range of complex project knowledge as a CTO, program manager, software engineer, contractor, consultant, and security analyst. He also worked at Switzerland’s Federal Intelligence Service — widely known as “Switzerland’s NSA.”
Reason #6: The Cybersecurity Sector Is a Hotbed of Acquisition Activity
Another thing I like about Scope Technologies Corp. (OTCQB: SCPCF; CSE: SCPE) is that it’s part of a sector that is seeing significant acquisition activity.
Cybersecurity giants are making a habit of acquiring smaller competitors, with 2024 ending as a banner year for acquisitions in the space.
Some of the biggest deals include…
- CyberArk Software (CYRB) recently agreed to buy Venafi from Thomas Bravo for $1.54 billion
- Akamai Technologies is buying Noname Security for about $450 million
- KnowBe4 recently acquired Egress for an undisclosed amount
- CrowdStrike recently acquired Flow Security for approximately $110 million
And to top it all up, in early July, The Wall Street Journal reported that Google’s parent company, Alphabet, is close to making a deal to acquire four-year-old cybersecurity startup Wiz for a whopping $23 billion.
It could turn out to be Alphabet’s biggest acquisition ever.
The IT magazine CRN — quoting Rosana Filingeri of Cybersafe Solutions — calls the deal “a prominent example of how the tech industry giants are increasingly making big security moves.”
Furthermore, as the quantum menace lands on the radar of more and more companies and IT professionals, cybersecurity companies that don’t have a solution in place for their clients may well look to acquire a smaller company with an existing solution.
In any case, it’s clear that Scope Technologies Corp. (OTCQB: SCPCF; CSE: SCPE) is part of a dynamic and growing industry that could be creating great opportunities for investors.
FREE Special Report Reveals Why Scope Technologies Could Be a Big Winner in 2024 and Beyond
These are just some of the reasons I’m now recommending that investors seriously consider speaking with their financial advisors about Scope Technologies Corp. (OTCQB: SCPCF; CSE: SCPE).
Regardless of what happens in the November elections, this is a company that stands to come out a winner.
Our country’s enemies are desperately chasing down the “Master Key” technology, and there’s bipartisan interest in equipping the federal government to fight this threat. Massive corporations are pouring trillions into cybersecurity, desperately seeking a solution that Scope Technologies Corp. (OTCQB: SCPCF; CSE: SCPE) has already engineered.
And those aren’t the only reasons why I’m so impressed with the company. You’ll find more in a new Special Report I recently completed. It’s called The Quantum Menace: How Investors Can Fight Back and Cash In and it contains everything you need to make a wise start your due diligence on my No. 1 pick in the cybersecurity space.
Better yet, I’ll send you a copy absolutely FREE when you accept a risk-free test drive of my Streetlight Confidential Newsletter.
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Scope Technologies Corp. Disclaimer
IMPORTANT NOTICE AND DISCLAIMER: All investments are subject to risk, which must be considered on an individual basis before making any investment decision. This paid advertisement includes a stock profile of Scope Technologies Corp. (OTCQB: SCPCF/CSE: SCPE). Streetlight Confidential is an investment newsletter being advertised herein. This paid advertisement is intended solely for information and educational purposes and is not to be construed under any circumstances as an offer to sell or a solicitation of an offer to purchase any securities. In an effort to enhance public awareness, Scope Technologies Corp. (OTCQB: SCPCF/CSE: SCPE) is the sole source of funds for a budget of approximately $2,086,904 provided to the advertising agency to cover the costs associated with creating, printing and distribution of this advertisement. In addition, Streetlight Confidential may receive subscription revenue in the future from new subscribers as a result of this advertisement for its newsletter. The advertising agencies will retain any excess sums after all expenses are paid. While this advertisement is being disseminated and for a period of not less than 90 days thereafter, Streetlight Confidential, the advertising agencies, and their respective officers, principals, or affiliates will not purchase or sell securities of Scope Technologies Corp. (OTCQB: SCPCF/CSE: SCPE). If successful, this advertisement will increase investor and market awareness of Scope Technologies Corp. (OTCQB: SCPCF/CSE: SCPE) and its securities, which may result in an increased number of shareholders owning and trading the securities, increased trading volume, and possibly an increase in share price, which may be temporary. This advertisement, the advertising agencies and Streetlight Confidential do not purport to provide a complete analysis of Scope Technologies Corp. (OTCQB: SCPCF/CSE: SCPE) or its financial position. They are not, and do not purport to be, broker-dealers or registered investment advisors. This advertisement is not, and should not be construed to be, personalized investment advice directed to or appropriate for any particular investor. Any investment should be made only after consulting a registered broker-dealer or registered investment advisor or, at a minimum, doing your own research if you do not utilize an investment professional to make decisions on what securities to buy and sell, and only after reviewing the financial statements and other pertinent publicly-available information about Scope Technologies Corp. (OTCQB: SCPCF/CSE: SCPE). Further, readers are specifically urged to read and carefully consider the Risk Factors identified and discussed in Scope Technologies Corp. (OTCQB: SCPCF/CSE: SCPE) SEC filings. Investing in microcap securities such as Scope Technologies Corp. (OTCQB: SCPCF/CSE: SCPE) is speculative and carries a high degree of risk. Past performance does not guarantee future results. This advertisement is based exclusively on information generally available to the public and does not contain any material, non-public information. The information on which it is based is believed to be reliable. Nevertheless, the advertising agencies and Streetlight Confidential cannot guarantee the accuracy or completeness of the information and are not responsible for any errors or omissions. This advertisement contains forward-looking statements, including statements regarding expected continual growth of Scope Technologies Corp. (OTCQB: SCPCF/CSE: SCPE) and/or its industry. The advertising agencies and Streetlight Confidential note that statements contained herein that look forward in time, which include everything other than historical information, involve risks and uncertainties that may affect Scope Technologies Corp. (OTCQB: SCPCF/CSE: SCPE) actual results of operations. Factors that could cause actual results to vary include the size and growth of the market for Scope Technologies Corp. (OTCQB: SCPCF/CSE: SCPE) products and/or services, the company’s ability to fund its capital requirements in the near term and long term, federal and state regulatory issues, pricing pressures, etc. Streetlight Confidential is the publisher’s trademark. All trademarks used in this advertisement other than Streetlight Confidential are the property of their respective trademark holders and no endorsement by such owners of the contents of this advertisement is made or implied. The advertising agencies and Streetlight Confidential are not affiliated, connected, or associated with, and are not sponsored, approved, or originated by, the trademark holders unless otherwise stated. No claim is made to any rights in any third-party trademarks.
