[4YFN]Cyber Security Innovation, an urgent call to cyber heroes SM
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This document discusses the urgent need for cyber security innovation and cyber heroes. It outlines the current cyber security situation, noting a failure of existing security procedures and the vulnerability of IoT devices. Various cyber threats are mentioned, from crime and privacy issues to potential terrorism. The document then discusses opportunities in the cyber security market and investment trends. It profiles some leading European startups and maps the cyber security ecosystem, emphasizing the need to train cyber security experts and bring more players into the field. In closing, it encourages the recruitment of "cyber heroes" to address ongoing challenges.
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[4YFN]Cyber Security Innovation, an urgent call to cyber heroes SM
- 1. CYBER SECURITY INNOVATION AN URGENT CALL FOR CYBER HEROS
- 2. ME Co-founder -> Cyber Security Hub – Barcelona Founder and VP Engineering -> Innovating: Crime and fraud detection/prevention platform Managing Director -> Helping to find the most disruptive Cyber Security startups Carlos Valderrama Over 15 years in Cyber Security, Computer Forensics and Cyber Intelligence
- 3. CURRENT SITUATION What’s happening out there?
- 4. Cyber Security Incidents reported to the U.S. CERT CURRENT SITUATION
- 6. ATMs, POS, Banking Trojans, contactless pickpockets, etc, etc, etc. CURRENT SITUATION
- 7. It’s clear that the security procedures utilized by companies today (big and small) is completely failing and with the huge growth of IoT products (from smart fridges to Barbie dolls) of which many are buggy from the factory, criminals are not only compromising our data but also that of our family CURRENT SITUATION
- 9. • Marketing • State-sponsored • Competitiveness • Crime/Terrorism Privacy and Cyber Espionage CURRENT SITUATION
- 10. CURRENT SITUATION Air traffic control systems, railways, power stations, water plants, cars, etc, etc. Terrorism
- 11. Cyber terrorism CURRENT SITUATION “Premeditated, politically motivated attack against information, computer systems, computer programs, and data which results in violence against non-combatant targets by sub-national groups or clandestine agents." U.S. Federal Bureau of Investigation
- 12. Crypto War 2.0 - Apple Case CURRENT SITUATION We have great respect for the professionals at the FBI, and we believe their intentions are good. Up to this point, we have done everything that is both within our power and within the law to help them. But now the U.S. government has asked us for something we simply do not have, and something we consider too dangerous to create. They have asked us to build a backdoor to the iPhone.
- 15. Why are the bad guys winning? CURRENT SITUATION
- 16. CURRENT MODEL New challenges, old methods
- 17. CURRENT MODEL • Complexity is the enemy of security • Complexity is expensive • Simplicity is the ultimate sophistication – Leonardo Davinci • Simplicity is the complexity resolved – Constantin Brancusi
- 18. CYBER SECURITY DISRUPTION Digital disruption
- 19. CYBER SECURITY DISRUPTION You know the Cyber Security Disruption is not happening when… • Telco providers • Power plants • Banks • Computers • Smartphones • Pacemakers • Email providers • Browsers • Operating Systems • Social Networks • Cars • Drones • … Everyone and everything is getting hacked! We can’t detect it and prevent it > >
- 20. CYBER SECURITY Innovation is the answer
- 21. CYBER SECURITY Companies Corporate network, corporate servers and computers, Internet Services, Internet of Things, Online Banking, BYOD, Online Services Citizens Internet of Things, Personal computers, Online services, Cars, Smart city technology, Mobile phones, Apps, Internet Services, Online Banking, Drones Government Government network, Government servers and computers, Government data, Public records, eGovernment, Online services, International affairs Public Infrastructure Critical infrastructure, smart cities, Cars, Internet of Things and connected devices, traffic lights, Security Cameras, Public transport infrastructure CYBER SECURITY
- 23. WHY CYBER SECURTIY? “In 2014 venture capitalists invested a record amount in privately held companies in the Cyber Security industry“ “In 2014, companies reported 42.8 million detected attacks worldwide, a 48% YoY increase” “The Cyber Security Market will be worth $170.21 Billion by 2020” “$3.3 billion invested in Cyber Security by VCs in 2015 – VCs chasing Rising Cyber Security Spending” “Cyber Security startup Tanium raising new VC at $2.5 billion valuation” “Investors are pouring billions into Cyber Security firms”
- 24. THE MOVERS & SHAKERS Some of the leading European startups making a change in the Cyber Security sector Makers of the Blackphone. Silent Circle provides multiplatform secure communication services for mobile devices and desktop Develops continuous authentication and verification technology that provides identity and access management solutions The easy browser extension that hides your IP address, encrypts your traffic and protects your privacy Scytl develops secure electronic voting and electoral modernization solutions for the public and private sectors Telegram is a cloud- based instant messaging service. Telegram messages are heavily encrypted and can self-destruct The world leader in Enterprise Immune System technology for cyber security Silobreaker is a data analytics company specialising in cyber security and risk intelligence. Provides cyber situational awareness that helps organizations protect against cyber attacks and loss of intellectual property
- 25. THE MAP For more detail, the table can be found here.
- 26. BIG CYBER SECURITY EXITS
- 29. SPENDING HISTORY In his fiscal 2017 budget proposal, Obama asked for $19 billion for cyber security across the U.S. government, an increase of $5 billion over this year (REUTERS)
- 31. THE BIG PICTURE University/Education Government Niche Investors/ Accelerators Startups Corporations Cyber Security Community Women Men
- 32. CYBER HEROES NEEDED Lean startup Fellow founders Funding Legal Sales Marketing/Growth Hacking Cyber Security Operations
- 34. JOIN US We want you!