Why this ASX cybersecurity ETF is a buy today

It doesn’t take too much mental effort to come to the conclusion that the cybersecurity space is a hot one in 2020. Each year, more and more individuals, businesses and governments move functions, relationships and processes online.

This is great for productivity, and efficiency, but not always for security and anonymity. Unfortunately, there aren’t too many cybersecurity companies that list on the S&P/ASX 200 Index (ASX: XJO) or the All Ordinaries Index (ASX: XAO). But there is an exchange-traded fund (ETF) that covers this space. And, as it happens, this ETF is currently rated as a ‘buy’ by analysts at the Motley Fool.

HACK away at cybersecurity

The ETF in question is the BetaShares Global Cybersecurity ETF (ASX: HACK)….