If you want to become a high-tech millionaire, sometimes all you have to do is check your email.
Let me explain. In four days, I received two emails purporting to help me with e-commerce issues.
Good thing I didn’t open them. Each one was a “phishing expedition.”
That’s the term we use when you get an email that looks legit but actually is an attempt to steal your financial data or launch an attack on your computer.
The reason why I am telling you this now is that odds are pretty good that you will receive at least one yourself. And during the frenzy that is Christmas shopping, you may get careless – and hacked.
So, at the very least, today’s chat may save you hundreds, maybe even thousands of dollars.
It also will help keep your key financial data secure from cyber thieves who have used bogus emails to do at least $12.5 billion in financial damages.
One Step Ahead of the Scam
Both said the firms had spotted “suspicious activity” with my account. Let’s take a look at the one from “Apple.” It was the more obvious of the two – it asked me to login to my account and provide credit card data.
That got my attention. So, I do what I always do with such emails. I checked the return address and it was a total giveaway. Here is the string:
Here are a couple of ways to spot a phishing email quickly. 1. If there are any typos or grammatical errors, it’s almost certainly bogus. 2. The return address may have the company’s name in it but the string will be a crazy one like the one I just shared with you.
Now then, I do have a bit of an unfair advantage when it comes to thwarting phishing attacks. My wife is in charge of the computer network in Lafayette. It’s a suburb of San Francisco where NFL Hall of Famer Joe Montana once lived, and that is currently home to SNL alum Will Forte. She has trained the staff to be vigilant.
But to get a handle on the extent of the threat, she did a little stealth phishing of her office. It was a test to see how vulnerable the city really is.
To her shock, she found the city had a 40% failure rate.
In other words, two out of every five staff members either clicked on a bogus link or opened an attachment in the email. Either mechanism could spell disaster, resulting in a data breach, malware, spyware, or a computer virus.
If you want to get a sense of the threat the business community faces nationwide, just multiply these examples by more than 1,000-fold.
Yes, it’s that big of a problem. But don’t take my word for it.
Data compiled by the FBI show there were 78,617 reported cases of email fraud between October 2013 and May 2018, the last period where full data is available. The direct losses, those that could actually be measured, came to more than $12.5 billion.
And since the ease and low cost of sending out reams of phishing emails isn’t going to end any time soon, protecting clients from these attacks is a very lucrative market for a savvy cyber security firm.
The Performance is the Proof
Enter Proofpoint Inc. (PFPT). Launching in 2002, it was a pioneer in email security. With the advent of cloud computing, it has since expanded the business into other fields.
But anti-phishing remains a core part of the franchise. Make no mistake, this is a company that offers savvy investors plenty of upside.
Indeed, if you look at the stock from just seven months after its IPO, it’s amazing just how much value it has gained since then.
From Nov. 12, 2012, when it closed at $10.22 through its most recent closing high of $130.14 on Oct. 15, 2019, it’s gone up by 1,173.4%.
That means that $25,000 put into PFPT at that time becomes $318,350 just seven years later
In other words, Proofpoint is exactly the type of stock I have in mind when I say that the road to wealth is paved with tech.
All you would need is just three or more stocks like this one to become a bona fide high-tech millionaire.
But this one will actually fill the bill all by itself just three years from now. This market crusher is set to double, not just once but twice, in roughly the next three years.
That’s a 10-year total of a stunning $1.2 million. Be sure to check back with me on Friday so I can show you how even a single stock like PFPT can make you a millionaire.
And if that’s how much the right tech stock can do, imagine how much better the payoff could be if you can take advantage of the right tech company before it even goes public.
That’s why I want to let you know that, on Wednesday, December 11, the renowned angel investor and personal friend of mine, Neil Patel is holding a closed-door meeting to review his next round of startup investing recommendations.
I talk to you all the time about the biggest names in tech, like Amazon.com Inc. (AMZN), Microsoft Corp. (MSFT), and Alphabet Inc. (GOOG). Each one of them began as a small startup, and each one has made many of their earliest investors fabulously wealthy.
In the world of tech investing, it’s important to always be on the lookout for the startup that might be the next breakout success.
With that kind of potential at stake, attendance to this meeting is understandably limited. And the information is confidential. These are companies that Neil is putting thousands of dollars into. But because of your membership status with Strategic Tech Investor, I’m able to get you a special invitation to join the meeting.
Neil and the research team believe that these companies could turn early investors into millionaires. Confirm your attendance by clicking here.
Looking forward to seeing you there.
Cheers and good investing,
Michael A. Robinson