Tag: Disruptive Tech

HACK Commentary Q2 2019

Executive Summary On May 7th, the city of Baltimore realized it was the target of a ransomware attack in which critical files were encrypted remotely and held hostage for ransom. The city notified the FBI and took many systems offline to keep the attack from spreading. The attack took down voice mail, email, a parking… Read more »

IPAY Commentary Q1 2019

ETFMG Prime Mobile Payments ETF IPAY 2019 Q1 Commentary

Executive Summary Two of the largest mergers in mobile payments history were announced in the first quarter. In January, Fiserv announced that it had reached an agreement to acquire First Data in an all-stock deal with a value of approximately $22 billion. In March, Fidelity National Information Services agreed to buy Worldpay for about $35… Read more »

ITEQ Commentary Q1 2019

ITEQ 2019 Q1 Commentary

Executive Summary The biggest news in the Israel Technology space in Q1 2019 was the 12/31 announcement of Nvidia (NVDA)’s $6.9 billion acquisition of Mellanox Technologies (MLNX), designer of and developer of high-performance interconnected products. Rumors of the acquisition began circling late last year as Nvidia faced competition from Xilinx and Intel, who also expressed… Read more »

HACK Commentary Q1 2019

ETFMG Prime Cyber Security ETF HACK 2019 Q1 Commentary

Executive Summary In January, what has been called the largest leak of personal information ever was found by a security researcher. Called “Collection #1,” the database contained over 773 million unique email addresses and 21 million unique passwords. A review determined the database had email addresses and passwords from over 2000 previous breaches and an… Read more »