Cyber Security Investment Trends for 2012 & Beyond: Whats Hot/ Whats Not
Cybersecurity has moved to the front pages of American's newspapers, the Halls of Congress, the White House and the Board Rooms of major corporations. These dynamics continue to drive the demand for innovative technologies as electronic threats to computer networks and intellectual property hav
Cybersecurity has moved to the front pages of American's newspapers, the Halls of Congress, the White House and the Board Rooms of major corporations. These dynamics continue to drive the demand for innovative technologies as electronic threats to computer networks and intellectual property have exploded in recent years. With the stakes high, government and corporate customers are stepping up their investments in defensive technologies and preventative measures to secure their digital frontiers.
Global cybersecurity spending is expected to top $60 billion this year according to the Cyber Security M&A Report by PricewaterhouseCoopers. The 172 US critical infrastructure organizations surveyed in a study by Bloomberg Government and the Ponemon Institute said that they currently spend $5.3 billion on cybersecurity and estimated that they would have to spend $46.6 billion over the next 12 to 18 months to reach a level of security where they could stop 95% of cyberattacks. Additionally, the Homeland Security Department would sharply raise spending for cybersecurity under the White House 2013 budget request to $769 million, up from $459 million this year.
In 2011, there were 150 security-related M&A deals, including Intel's $7.7 billion acquisition of McAfee and Hewlett-Packard's $1.6 billion acquisition of ArcSight, up from 69 deals in 2007. In response to growing customer spending as well as related M&A activity, the venture capital investment community is actively engaged in developing the technologies at the forefront of this battle.
Bob Ackerman, Founder and Managing Director, Allegis Capital
Ted Schlein, Managing Partner, Kleiner Perkins Caufield Byers
Asheem Chandna, Partner, Greylock Partners
Alberto Ypez, Managing Director, Trident Capital
Security Innovation Network (SINET) IT Security Entrepreneurs' Forum (ITSEF 2012)
RecordedJul 19 2012
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If you can’t see what’s on your network, then you can’t control it.
As new technologies emerge each day, so do the associated security threats - are you confident that you can see them before they wreak havoc on your network? 86% of executives aren’t, believing there are gaps in their ability to see what’s really going on inside their network.
Join Julian Matossian, Senior Product Manager, and Nick Kelly, Director of Product Marketing, as they delve into the current state of network visibility: the challenges, blind spots, and most importantly, the solutions to help illuminate your network.
Having the right security measures in place is only half the battle – you need to know exactly what they’re protecting you from.
What were the overall trends in cyber breaches, and what does this mean for organizations and the third party vendors with whom they work?
In this webinar, Advisen, an insurance analytics firm, will analyze cyber breaches and identify ebbs and flows throughout 2015 and into 2016. Panelists will then take the unprecedented step of correlating the data Advisen and Bitsight possess to take an even deeper dive to find possible threats to an organization’s cybersecurity — giving all stakeholders greater visibility into the cyber posture of organizations as well as their third party vendors.
Jay Jacobs, Senior Data Scientist, BitSight
Aloysius Tan, Product Manager, Advisen
Chad Hemenway, Managing Editor, Advisen (moderator)
Starting in earnest after the "Snowden Revelations" 2013, more and more service providers such as Google, Yahoo and Amazon have been embracing SSL by default. Whether in search, cloud services or webmail access, these providers have been instrumental in their support of a more secure and obfuscated web. But what does that mean for the enterprise information security professional? While the providers have "seen the light", have we become blinded by it? To ensure the inspection and subsequent protection of data streams in and out of our organizations, we need the ability to inspect encrypted traffic for policy violations or other malicious activity while still ensuring multi- jurisdictional rights to privacy. Join Blue Coat and (ISC)2 on May 26, 2016 for a roundtable discussion exploring methods and mechanisms for addressing SSL inspections and the search for malicious activity.
Join us to hear from Microsoft Azure, Chef and Trend Micro experts on how to best develop a cloud automation strategy in your Azure environment, keeping the agility of the cloud while ensuring that your Azure workloads are protected.
You will learn how to:
• Automate your security posture within Azure
• Use Chef to build compliance and resiliency into your Azure workloads
• Take security automation to the next level
Threat actors have discovered that targeting organizations with ransomware can be far more lucrative than extorting small sums from home users. Ransomware is on the rise. But your organization does not have to become a victim. Automated prevention is certainly achievable.
Join us for this live webinar where you will learn:
• Which three steps you must take to successfully prevent an outbreak in your organization
• Why existing endpoint security solutions often fail to prevent ransomware infections
• Which organizations threat actors target most intently with ransomware
• What endpoint protection technology capabilities are necessary to automate ransomware prevention
• Which three delivery vectors attackers use in nearly all ransomware infections
Attackers today do not just use one channel to launch their targeted attacks – they use all of them. Emails, links posted to social media, and even apps in public app stores are all part of the modern cybercriminal’s arsenal, and many of these attacks are invisible to traditional security tools. Join this webinar and learn how to protect the cloud-enabled, mobile-friendly, and socially networked way users work today.
Learn how data encryption and encryption key management address compliance for healthcare providers and payers. Join Derek Tumulak, VP Product Management at Vormetric, and Tricia Pattee, HOSTING Product Manager as they discuss how HIPAA/HITECH regulations impact electronic protected health information (PHI) and best practices to safeguard sensitive patient data.
• HIPAA and HITECH regulatory mandates impact data security for healthcare institutions
• Strong encryption and policy-based access controls provide a separation of duties between data security and system administrators
• Secure key management and policy management ensure consistency in applying policies and encryption keys to both structured and unstructured data
• Rapid implementation is achieved because encryption is transparent to users, applications, databases and storage systems
• The HOSTING and Vormetric cloud solution can satisfy HIPAA and HITECH compliance requirements in the cloud
As a cybersecurity professional, you already know that users are both an organisation’s greatest asset and its greatest vulnerability. Users can do great damage - and they’re notoriously difficult to catch. Many companies are confronting this challenge with User Behaviour Analytics (UBA), which can help you detect and respond to user threats, such as when:
• An insider turns against your organisation
• A cyber-attacker steals a user’s credentials
• An administrator abuses account privileges
If you’re focused on addressing user threats, UBA can be a powerful tool in your kit. Join Tom Salmon from LogRhythm, as he discusses the elements of an effective user threat detection program. You’ll learn:
• Why detecting user threats is so important—and so difficult
• Different approaches to UBA
• The value of data from across your business
• How to maximise the efficiency of your security analysts
Attend this webinar to learn how UBA can help you discover hidden user threats, reduce false-positives and prioritise the most concerning threats.
In today’s world, data loss and breaches are part of the risk equation you calculate every day. In order to protect your sensitive information, you first need to identify and classify vast amounts of data your company possesses and routinely generates.
Controlling access to the data held in SAP may be second nature but vast amounts of sensitive data is extracted from SAP systems on a routine basis and protecting that data as it is shared and exchanged is a different level of challenge.
This year marked the Seventh Annual SINET IT Security Entrepreneurs' Forum (ITSEF) at Stanford University. The Forum's theme, Inspire - Innovate - Engage, resonated strongly throughout the day in a collegial setting that fostered robust, high level and energetic dialogue. View highlights from industry thought leaders on this year's forum and the value of SINET.
Nick Shevelyov, Rich Baich, Gary McAlum, Joe Sullivan
Mobile, Social, Cloud and Big Data are creating tectonic shifts within industry and government markets that are changing the way we interact with technology. But is the very technology that is empowering also imperiling us? When you think about all the data being generated by the sharing of personal information through the use of social networking and cloud services, as well as the user tracking features on mobile devices, there are tremendous opportunities for organizations to tailor their offerings for customer profiling. What potential abuses of this data do we see today? If you look to the future, what emerging technology trends will magnify the existing risks to individuals’ privacy? This panel will discuss the security and privacy concern by-products that come hand-in-hand with this technology revolution.
Jason Kaufman, Don More, Greg Oslan, Alberto Yepez
The pending Presidential Executive Order relative to Cybersecurity legislation, disruptive technologies, record cash, aggressive new buyers, and attractive valuations are stimulating entrepreneurs in this domain to consider selling their companies in 2013. Many entrepreneurs are taking advantage of this moment--but are you ready? What are the trends and lessons one needs to know? Should you contemplate an IPO or conduct an auction? What actions should be considered when selling to a strategic buyer versus a private equity firm? What is the process to achieve an optimal outcome? Hear from Chad Sweet, Co-Founder and CEO of The Chertoff Group, as he leads a panel of both advisors and entrepreneurs who have successfully navigated the sale process and can share with you their secrets to success.
Terremark and ArcSight had two of the largest acquisitions of recent times:
Terremark went public in March 2007 and was acquired by Verizon for $1.4 Billion in early 2011.
ArcSight went public in February 2008 and was acquired by HP for $1.5 Billion in September 2010.
Join this Fireside chat where these very successful CEOs will discuss and share how they entered the Federal Government market, the lessons learned, understand how to overcome barriers to entry, how to create the appropriate eco-system to successfully deploy solutions, how to best qualify opportunities and how to deal with the Federal Government procurement and acquisition processes. At the end, how they use these experiences to achieve success on the global market.
Robert Rodriguez, SINET; James Beeson, GE; Jason Hoffman, Autonomy; Leslie Lambert, Juniper Networks; Mike Siegal, Mocana
It took an acronym, BYOD, to focus the market’s attention on the impact mobile had on security and productivity as employees at every level began to Bring Their Own Device to the workplace. Now, both industry and government network security professionals face an onslaught of mobile devices permeating the enterprise and creating havoc.
This panel will discuss the ramifications of this trend and explore the role of technology and policy to contain the threats to security posed by mobility.
Robert Rodriguez, Chairman and Managing Principal, Security Innovation Network (moderator);
James Beeson, Chief Information Security Officer, GE Capital Americas;
Jason Hoffman, Head of Group Security, Chief Information Security Officer, Autonomy;
Leslie K. Lambert, VP and Chief Information Security Officer, Juniper Networks;
Mike Siegal, VP of Products, Services and Operations, Mocana
Joe Gottlieb, Sensage; Douglas Maughan, DHS; Nicko van Someren, Good; Sergio Thompson-Flores, CEO, Modulo
Bob Bragdon, Publisher, CSO Magazine;
Joe Gottlieb, President and CEO, Sensage;
Matt Greorgy, CEO, Endgame Systems;
Douglas Maughan, Division Director, Cyber Security Division, Department of Homeland Security
Ted Schlein, Managing Partner, KPCB;
Nicko van Someren, CTO, Good Technology
Sergio Thompson-Flores, CEO, Modulo;
as they discuss the top cybersecurity challenges of 2012 - from new threat vectors to perennial issues of people and process.
Bob Bragdon, CSO Magazine; Matt Greorgy, Endgame Systems; Rob Mancini, District of Columbia; Robert Rodriguez, SINET
Join a star studded cast as they cover the value of public - private collaboration in the cybersecurity field.
Bob Bragdon, Publisher, CSO Magazine
Matt Greorgy, CTO, Endgame Systems;
Rob Mancini, CTO, District of Columbia
Richard Schaeffer, Principal, SINET;
Ted Schlein, Partner, KPCB;
Sergio-Thompson Flores, CEO, Modulo
Robert Rodriguez, Chairman, SINET