83 days ago • Posted by Charles-Henry Monchau
U.S. Treasury, Commerce Depts. Hacked Through SolarWinds Compromise. Another boost for the the HACK ETF?
Communications at the U.S. Treasury and Commerce Departments were reportedly compromised yesterday by a supply chain attack on SolarWinds, a security vendor that helps the federal government and a range of Fortune 500 companies monitor the health of their IT networks. Given the breadth of the company’s customer base, experts say the incident may be just the first of many such disclosures. The long term logic for being long the ETFMG Prime Cyber Security ETF (HACK) ETF remains intact. Time for new All Time Highs?