The future of technology is all about connecting devices to enhance the user experience. That’s why the Internet of Things (IoT) is one of the most exciting growth trends out there. I am sure you have heard all about IoT over the last few years. As much as I love the trend and believe it will grow by multiples in the years ahead, there is one problem — the need for security, and cybersecurity stocks.

The rate at which the world is becoming connected is growing faster than we can secure it. Consider that there are already over 20 billion connected devices around the globe. By 2020, there will be at least seven connected devices for every human on earth. That equates to over 50 billion internet-connected devices in the world. This mass connectivity is what makes up the IoT.

There is no question that all of this will make your life easier. But it also opens up a huge security risk. Just one hack into any connected device could spread like wildfire through the network of other devices. The result could range from small inconveniences to serious financial calamities and even physical injuries.