LONDON, November 6, 2017 /PRNewswire/ --
Cybercrime attacks are expected to cost us $6 trillion a year by 2021. In a single year, cyber terrorism could cost us three times more than the entire U.S.
housing and real estate industry is currently worth.
The Chairman of IBM calls it the "greatest threat to every profession, every industry, every company in the world". Cisco
cites a report saying it will be more profitable than the
global trade of all major illegal drugs combined. ATT calls it the greatest transfer of economic wealth in history. Companies
included today include Raytheon Company (NYSE:RTN), Lockheed Martin Corporation (NYSE:LMT), Veeva Systems Inc. (NYSE:VEEV),
Celestica Inc. (NYSE:CLS), Pure Storage, Inc. (NYSE:PSTG).
The response? A desperate scramble to ramp up spending to protect their businesses, and another massive opportunity for
investors.
With an estimated 4,000 cyber-attacks a day - and
counting - the solution has to be serious. It has to be military-grade. And one little-known company has emerged with a unique
military-grade cyber defense solution that even small- and medium-sized business can afford.
Hill Top Security Inc. is one of the world's first cyber security companies that has met the U.S. Department of Defense's
rigorous FIPS-FIAR standard for financial transactions. Hill Top is currently in the process of being acquired by Big Wind
Capital Inc. (BWC; BGGWF).
And if they can reach a mass market with affordable solutions, they'll be on track to become a market leader.
Right now, this is only on the radar of elite cyberdefense circles.
Soon, it will be on everyone's. Not least because it is soon to be acquired by Big Wind Capital and it just
partnered with Guardsight, a specialist in Managed Security Services and Tactical Cyber Security Operations for Fortune
1000 companies.
Here are 5 reasons to watch Hill Top/Big Wind Capital (BWC; BGGWF) closely, at the climax of a security
threat that is more materially damaging than any other form of terrorism the world has ever seen:
#1 Welcome to World War III
World War III has already been declared, and it's going down in cyber space.
Cyber criminals are now running organized cartels on the dark web to launch highly sophisticated and coordinated attacks.
The WannaCry cyber-attack is now infamous. The virus managed to take over 300,000 personal computers and demand $90 million in ransom. But that could have been just a test run, and $90 million
is just a drop in the bucket.
Most recently, the U.S. was shaken by the Equifax hack. The personal data of more than 145 million Americans was stolen from
Equifax credit-reporting agency. Now almost half of the country's population is at risk of identity theft, bank account theft and
credit destruction.
It is the Equifax attack more than anything that brings the cybercrime picture into full view. Anyone who thought it was a
futuristic threat will now think again. It's already hit half the country, and it's likely not over yet.
And that was one of only three major breaches in the past two months. Hackers even breached the Securities and Exchange
Commission (SEC) in late September, with stolen data likely used for illegal stock trading. Just days later, Deloitte disclosed a
cyber-attack on its systems that breached its blue-chip clients' non-public information.
- The average cost of each breach of data was $4 million in 2016, according to a global study
by the Ponemon Institute. But in the U.S., as indicated in that study, the average cost has soared beyond that to $7 million.
- Right now, theft of trade secrets is costing nations between 1 percent and 3 percent of their entire GDP, or anywhere from
$749 billion to $2.2 trillion every year, according to an IDG
survey.
- There are roughly 4,000 cyber-attacks every day-and counting.
- In just four years, we'll be looking at a global cost of $6 trillion every year in cybercrime
damages. Just a year ago it was $3 trillion.
- 60 percent of small businesses close down within 6 months of a cyber-attack.
The bottom line? For criminals, this blows the illegal drug trade away. For investors in the crime-fighting side of things,
it's a $200-billion-plus opportunity over the next few years and Hill Top/Big Wind Capital
(BWC; BGGWF) is primly positioned to be an important player in the
sector.
#2 Cyber Security Spending Soaring
The problem is epic, and it calls for an epic solution-and epic spending.
Cyber security spending is set to go over $1 trillion per year by 2021. Information security is
only one tiny sub-set of the cyber security beast, and spending in this microcosm is expected to reach over $86 billion this year. Next year, spending in this tiny sub-sector is expected to hit $93 billion.
Basically, our digital networks can be breached in many ways. Each new tech trend, Forbes notes, creates new weaknesses, from cloud computing and big data to the Internet of Things (IoT) and
beyond. The more we spend on new technology, the more we spend on cyber security, so this is only going in one direction- and
fast.
And we're not keeping up with the criminals. It's prohibitively expensive, but cyber-attacks are even more expensive,
especially for small- and medium-sized businesses.
JP Morgan spent upward of $500 million in 2016 on cyber security, according to Forbes. Only the biggest of the big can afford this, and even they are not thwarting attacks fast
enough.
The government is spending, too. Major data breaches at the Office of Personnel Management and the IRS prompted Trump in May
to sign an executive order for all federal agencies to review and update their old security systems.
#3 First Affordable Military-Grade Solution
Businesses across every industry, everywhere in the world, are under assault, and smart investors are finding profits in the
companies that show the toughest line of defense.
Hill Top Security/ Big Wind Capital (BWC; BGGWF) offers a unique, proven platform-and it is one of the first in the world to
give small and medium businesses the ability to protect themselves and their clients in the cyber space using military-grade
solutions.
And this is military-grade cyber security. In fact, the same people behind Hill Top were hired by the U.S. intelligence
community to build the auditing platform to keep track and detect financial anomalies.
There's nothing like it in the world, and now it's being opened up to SMBs, giving them access to a unique platform that can
get them back in business and fully operational and fully secured after a severe cyber-attack.
But it's not just a reaction to cyber-attacks, it's also preventative. Hill Top's artificial intelligence (AI) predicts
threats for you, and alerts you to any suspicious activity. And their platform is secure enough to have gained the trust of the
U.S. Defense Department.
Hill Top's Vauban DNA system was originally developed as a global logistics solution for massive parallel events (think UPS).
But then it added an intelligence-gathering element with military-grade security for the U.S. government. Now it's also the new
breed of financial security, with cryptocurrency tech incorporated to support market trading and transactions.
It's also made Hill Top a takeover target, catching the eye of Big Wind Capital (BWC; BGGWF). In July, Big Wind announced it would acquire Hill Top, and just last week this deal was concluded for this
premier military-grade cyber security company.
This is the company that's planning on taking real cyber security mainstream.
And the competition is lacking.
#4 Cyber Security for Trillion-Dollar Cryptocurrency
Hill Top/Big Wind Capital (BWC; BGGWF) is also becoming a player force in one of the hottest
industries on the planet right now-cryptocurrency, because it is uniquely positioned to secure and track crypto coins.
With Bitcoin hitting $6,000 per coin on 21 October, and breaking new records as its adoption
surges, cryptocurrency is no longer just a game for individual miners with fast computers. It's now about industrial-scale mining
and billionaire backing. It's also about industrial-scale security.
Hackers necessarily love cryptocurrency. The top Ethereum exchange was hacked in July, and since 2011, there have been dozens
of crypto coin heists. In just two recent cases, hackers stole $32.6 million and $40 million, respectively.
With governments also looking at cryptocurrency and ways to regulate the trade, security is beyond paramount, and Hill Top
already has a proven background in auditing, tracking and managing cryptocurrencies without compromising owner anonymity.
Now it's also taking the crypto world to the massive mining industry.
Hill Top's MineCoin system is a new advanced-stage development. It's an industry-specific cryptocurrency application developed
with Blockchain technology and is designed to give mining industry traders a highly secure cryptocurrency platform where they can
buy, sell and exchange precious metals across international borders. With MineCoin, users will be able to exchange their own
currency for cryptocurrency and purchase or sell precious metals on the open market.
#5 Defense Sector ' s Top Cyber Minds
Behind Hill Top, and now Big Wind (BWC; BGGWF), we've got some of the defense industry's top cyber
security minds with military and commercial experience in everything from the U.S. Army and Marine Corps to Wall Street and
Silicon Valley.
These are mission-critical figures, and they've already proven they can deliver.
- Dave DiEugenio, on the Hill Top advisory board, is a Marine Corps Recruiting CIO and VP and
Director of Imperatis Corp. cyber solutions group.
- Tom Gilmore, Hill Top's COO, is a veteran information systems security officer, engineer and
ethical hacker. He's also a former U.S. Marine whose worked with the FBI, the U.S. State Department, the U.S. Army and the U.S.
National Guard.
- Hill Top CEO, Corby Marshall, is an entrepreneurial executive, West Point grad and former
U.S. Army officer with extensive experience in distributed computing analytics and software development. He's got a proven
track record for delivering large-scale, mission critical applications. His genius has been tapped by the U.S. Army,
Informatica and Headcase, among others.
- Hill Top CTO, Neil Wright, is yet another West Point grade and former U.S. Army officer,
with NYSE experience, Treasury experience and an impressive track record with UPS Lead Architect and Rare Medium.
- Kim Pease, in charge of Hill Top's SVP Product Management, is a senior architect with
mission-critical deliverable experience working for Informatica, ESPN and JP Morgan.
This is where Wall Street and the Defense industry come together best.
The timing is key. Right on the edge of a breakout after being acquired by Big Winds, Hill Top's route to market is that of a
potential multi-million-dollar white label. Why? Because it's already in advanced negotiations with two major U.S. firms for
multi-million-dollar contracts. And it's already got existing government and commercial customers which company guidance
estimates will bring in $2.3 million-plus in revenue in three years.
Now it's targeting SMBs, which number over 27 million in, and has revenue from its first public sector clients is coming
online, which is expected to eclipse revenues from government contracts at a fast pace.
When you've got a trillion-dollar problem and a unique solution is offered up by a Who's Who in military cyber defense,
confidence runs at an all-time high. But news flow on this one is expected to be fast-paced. This elite set-up is about to hit
the mainstream radar, so for early-in investors, it's 'mission-critical'.
For more information you can visit: http://www.hilltopcybersecurity.com
Other companies to watch in the tech and cyber security space:
Raytheon Company (NYSE:RTN) is an emerging tech company specializing in defense and other government markets. Raytheon's
major selling point is its strong command of cybersecurity. While its specialty is in government-centric markets, Raytheon also
develops products, services, and solutions in various other markets.
Raytheon reach is far reaching and its potential market share is huge. Smart investors are looking toward cybersecurity firms
early. With the recent high-profile attacks, and likely more to come, cybersecurity companies will be the saving grace of the
tech boom.
Lockheed Martin (NYSE:LMT) is an American global aerospace, defense, security and advanced technologies company with
worldwide interests. While Lockheed reported lower than expected third-quarter earnings, the company remains an interesting
target for investors who bet on increased geopolitical tensions.
Defense and defense tech companies have posted strong gains this year as President Donald Trump
has responded in kind to threats from North Korea. While Lockheed Martin's shares have lost some
of their value, new big deals in the Middle East, India and
from the U.S. military could result in stronger results for the company in 2018
With the acquisition of Riot Games alone, Tencent is only going to grow in time. The e-sports
revolution has come, and Tencent is in the eye of the storm.
Veeva (NYSE:VEEV) Veeva is one of the most successful cloud services providers out there, focusing specifically on the
pharmaceutical sector. The company's cloud platform for supply management, data storage, and security is more popular than
ever.
After rallying to an all-time high in May, its share price has fallen a bit since. Analysts now argue that the company might
be 'expensive', but worth it. With an expected growth rate of 24% this year, it looks like investors will be rewarded for their
patience, and as the tech sector continues to grow hotter, Veeva is worth keeping an eye on.
Celestica Inc. (NYSE:CLS) is a heavyweight in the tech manufacturing sector. As manufacturer of electrical devices used in
IT, telecommunications, healthcare, defense and aerospace industries, Celestica is well represented throughout the world's most
fastest growing industries. Because of that, the company has seen strong growth YoY which we expect to continue as the
sales expectations are almost 3% better than last year's.
While many investors thought the stock was overvalued after a stellar run in 2016, the recent correction and volatility in the
stock has attracted new buyers and the stock has recovered since.
While telecommunications stocks have been volatile recently, defense, IT and aerospace industries have outperformed and while
many see limited upside, these industries continue to surprise both investors and analysts.
Pure Storage Inc (NYSE:PSTG) knows that data platforms are also a key asset in protecting companies against cyber-attacks.
Pure Storage, Inc is a data platform focused on delivering fast, optimized and cloud-capable solutions for its customers while
keeping data security as a top priority. Because of its high-quality product, companies are scrambling to sign up to protect
their most expensive assets.
As the cybersecurity world becomes increasingly competitive, Pure Storage stands out because of its innovative and
forward-thinking business model.
By. Ian Jenkins
**IMPORTANT! BY READING OUR CONTENT YOU EXPLICITLY AGREE TO THE FOLLOWING. PLEASE READ CAREFULLY**
Forward-Looking Statements
This news release contains forward-looking information which is subject to a variety of risks and uncertainties and other
factors that could cause actual events or results to differ from those projected in the forward-looking statements. Forward
looking statements in this release include: that cyber security and information security industries will continue to grow as
expected; that Hill Top Security Inc. ("Hill Top") is expected to be acquired by Big Wind Capital Inc. ("Big
Wind"); that Hill Top will be on track to become a market leader if it can reach a mass market with affordable solutions;
that Hill Top's solutions, including its Vauban DNA platform, are useful; that Hill Top is planning on taking real cyber security
mainstream; that Hill Top's MineCoin system will give mining industry traders a highly secure platform on which they will be able
to exchange their own currency for cryptocurrency and purchase or sell precious metals on the open market; and that Hill Top will
bring in revenues of $2.3 million or more in three years from its existing government and
commercial customers. These forward-looking statements are subject to a variety of risks and uncertainties and other factors that
could cause actual events or results to differ materially from those projected in the forward-looking statements.
Risks that could change or prevent these statements from coming to fruition include: that cyber security and information
security industries will not grow as quickly as expected or that such industries will decline in size; that Hill Top will not be
acquired by Big Wind; that Hill Top will not be on track to become a market leader, even if it can reach a mass market with
affordable solutions; that Hill Top's solutions, including its Vauban DNA platform, will not be useful; that Hill Top will not
succeed in taking real cyber security mainstream; that Hill Top's MineCoin system will not successfully give mining industry
traders a highly secure platform on which they will be able to exchange their own currency for cryptocurrency and purchase or
sell precious metals on the open market; and that Hill Top will not bring in revenues of $2.3
million or more in three years from its existing government and commercial customers. These forward-looking statements are
subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially
from those projected in the forward-looking statements. The forward-looking statements contained in this news release
reflect the current expectations, assumptions and/or beliefs of the writer based on information currently available to the
writer. In connection with the forward-looking statements contained in this news release, the writer has made assumptions about:
the expected growth of the cyber security and information security industries; the likelihood of Hill Top being acquired by Big
Wind; that Hill Top will be on track to become a market leader, if it can reach a mass market with affordable solutions; that
Hill Top's solutions, including its Vauban DNA platform, will be useful; that Hill Top will succeed in taking real cyber security
mainstream; that Hill Top's MineCoin system will give mining industry traders a highly secure platform on which they will be able
to exchange their own currency for cryptocurrency and purchase or sell precious metals on the open market; and that Hill Top will
bring in revenues of $2.3 million or more in three years from its existing government and
commercial customers. The writer has also assumed that no significant events will occur outside of Hill Top's normal course of
business. Although the writer believes that the assumptions inherent in the forward-looking statements are reasonable, the
forward-looking statements are not a guarantee of future performance and accordingly undue reliance should not be put on such
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