Chris Temple, editor and publisher of The National Investor, said cybersecurity has become an increasingly important investment sector due to the rise of quantum computing and more advanced data processing technologies.
During an appearance on The Michael Patrick Leahy Show, Temple noted how malicious actors are also advancing in the quantum computing space and posing significant risks to information security, government systems, and critical infrastructure, which he compared to the Y2K scare.
“You’ve got a Big Tech story these days of quantum computing, all of the enhanced and speedier ways to process and send information. Problem is, the bad guys know how to do this too, and they’re keeping up with this,” Temple explained.
During Y2K, Temple said he saw a bullish market opportunity at the time in software and tech solutions and believes a similar opportunity exists now with cybersecurity.
“I remember 25 years ago when the whole Y2K fear was a big deal. We were all getting beat over the head with Y2K, you know, sell your IRA, buy gold, buy dried food and stuff like that. I was always actually telling people at the time that Y2K was going to cause a huge bullish opportunity. 1999 was one of two years where our overall portfolio gains were in triple digits for everything because of all of the money that was made on those types of stocks, the software fixes and things like that,” Temple said.
Temple said that while Y2K had a clear end date of January 1, 2000, today’s cyber threats, which he calls “Quantum Menace,” are ongoing with no precise end date and are more serious.
“There is a much more dire threat to our information, to the government, to electric grids, to all of these different things that exist today that do not have an expiration date like Y2K did,” Temple stressed.
“When January 1, 2000 came around and the airplanes weren’t falling from the sky and helicopters weren’t crashing to the ground level and so forth, and we all still had our bank accounts and brokerage accounts, the emergency was over. This one’s still here. It’s going to be here for a while and it’s not going to go away anytime soon. So I’ve been looking at companies in that space to tell my members to invest in,” Temple added.
An example of a company Temple recommended investing in is Scope Technologies, a small cybersecurity-focused company under the symbols SCPE on the Canadian Securities Exchange and SCPCF on the U.S. market.
Temple said he believes Scope Technologies is a company well-positioned to benefit from rising cybersecurity needs in both the U.S. and Canada.
“Scope is going to do fine in both the U.S. and Canada,” Temple said.
Chris Temple of @NatInvestor shared his insights into the cybersecurity sector with me and noted a company he finds very interesting. https://t.co/eDJtjfJdyw
— MichaelPatrick Leahy (@michaelpleahy) May 13, 2025
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Kaitlin Housler is a reporter at The Tennessee Star and The Star News Network. Follow Kaitlin on X / Twitter.
