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Evolve Cyber Security Index ETF
MACROECONOMIC HIGHLIGHTS: Cyber security as a global arms race is a story that continues to grow. Investigation into Russian interference in the 2016 US election continues to draw headlines. Now the US finds itself facing off against other world powers. China is looking to narrow the gap with the US in terms of cyberwarfare capabilities, according to an assessment of Chinese military capabilities published by the Department of Defense (DoD). According to the report, the Chinese army has emphasized the importance of cyberspace for national security because of the country’s increasing reliance on its digital economy.
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