Episode 78: Understanding Cybersecurity Cos and Stocks: From Hardware to Software With Derek Hanson from Yubico

Join Chip Stock Investor host Nick as he welcomes Derek Hanson, Vice President of Solutions Architecture and Standards at cybersecurity company Yubico. In this episode, Nick asks Derek talk about the role that hardware plays in the world of cybersecurity. They also discuss the global impact of cybercrime, estimated to cost the world economy around $10 trillion annually -- and rising! Derek explains the critical role that secure credentials play in protecting against data breaches, how Yubico's YubiKey operates as a safeguard for phishing-resistant authentication (and what phishing is in the first place), and how new cybersecurity for front-line workers is like a digital passport that protects online identity. Nick and Derek explore the differences between hardware and software in cyber security, and stress the importance of adapting to evolving threats with robust solutions like passwordless authentication. Stay tuned later this month for Chip Stock Investors "Cybersecurity Stocks 2024" manual! Join this channel to get access to perks: https://www.youtube.com/channel/UC3aD-gfmHV_MhMmcwyIu1wA/join If you missed our Semiconductor Industry Flow 2024 and chip industry manual, you can purchase it here:👉 https://ko-fi.com/s/90c74a988a. Get your investment journey off on the right foot to kick off the new year. Consider saying "thanks" here on YouTube with a Super Thanks or joining the channel membership for some custom badges and emojis!! Check us out on our website: chipstockinvestor.com We use data, charts, and KPI's from our friends at Main Street Data. If you would like to check it out and subscribe to a premium membership here is a link that will get you 10% off👇 https://mainstreetdata.com/subscription?via=chipstockinvestor Content in this video is for general information or entertainment only and is not specific or individual investment advice. Forecasts and information presented may not develop as predicted and there is no guarantee any strategies presented will be successful. All investing involves risk, and you could lose some or all of your principal. #cybersecurity #yubikey #yubico #cybercrime #semiconductors #chips #investing #stocks #finance #financeeducation #silicon #artificialintelligence #ai #financeeducation #chipstocks #finance #stocks #investing #investor #financeeducation #stockmarket #chipstockinvestor #fablesschipdesign #chipmanufacturing #semiconductormanufacturing #semiconductorstocks