Attack of the Drones

The FAA recently demonstrated how easy it is to hack leading drone brands such as Parrot, DB Power and Cheerson. None of these manufacturers used passwords or encryption. Advantage: Hackers. Read this post on TechCrunch

Read More

The Age of Resilience - Security in 2017

As we look at 2017, it’s evident that the CISO has moved from “we will be hacked someday” to “we are already compromised” to “give me that disaster recovery solution NOW.” It doesn’t get any worse. The mindset has moved precipitously towards hot backups in the age of ransomware and DDOS.

Read More

Measuring what matters in cybersecurity

The cybersecurity risk metrics market has exploded, and insurance carriers will collect upwards of $3 billion in premiums this year. While there is consensus that we need to measure risk, several of my security 'super' friends told me that it’s easier said than done. Richard Seiersen, vice president of Trust and CISO at Twilio, wants to simplify this debate. 

Read More

The Ransomware Dilemma

More than 90 percent of all phishing emails are now ransomware. The average amount paid via ransomware has grown from $40 in 2009 to $1,000 in 2016. This amount will grow even faster as ransomware moves to enterprise. Read more in my TechCrunch post

Read More

Can startups disrupt the $20bn Cyber Insurance market?

Over the past few years, cyber insurance markets have been growing at between 25-50 percent CAGR each year. According to The Betterley Report 2015, annual policy premiums are approaching $2.75 billion. The ecosystem of insurance underwriters, intermediaries/brokers, analysts/management consultants and compilers of insurance market information is evolving rapidly.

Cockroaches v. Unicorns - The golden age of cybersecurity startups

Many security startups are not unicorns; rather, they are cockroaches — they rarely die, and in tough times, they can switch into a frugal/consulting mode. Like cockroaches, they can survive long nuclear winters. Security companies can be capital-efficient, and typically consume ~$40 million to reach break-even. This gives them a survival edge. But is that enough?

Read More