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
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
As the security market shakes up in more ways than one, who wins, who struggles and who will get acquired next?Read More
More than 5 billion IoT devices were installed in 2015. Gartner estimates this will grow to 20 billion by 2020. Unfortunately, experts agree that security is not only an afterthought, but often is actively resisted and circumvented.Read More
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.
Beyond artificial intelligence and machine learning to the brave new world of cybersecurity...Read More
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