Cyber crime costs the global economy $445bn a year.
by Annabelle Williams
The first investment fund focused solely on companies battling cyber crime lists on the London Stock Exchange today.
The exchange traded fund (ETF), called the ETFS ISE Cyber Security Ucits ETF, will launch in London nearly a year after it made its debut on the New York Stock Exchange.
The fund, which invests in an index of the top 33 companies focused on cyber security, has amassed $1bn (£658m) from investors in the US, a huge amount for a niche product.
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Source: http://www.cityam.com
