Cybersecurity
What are your thoughts on the cybersecurity industry? Do you still think it's a hot industry right now even though FireEye is tanking?
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It's the future - instead of tanks and guns fighting our wars, it'll be hackers behind a computer screen
This. We haven't even gotten a taste of what's to come.
This is a horrifying imagine.
One of the big catalysts driving the need for more advanced cyber security has been the shift to cloud computing. Complex systems are proving difficult to protect. That’s where network security comes into play. FireEye Inc ( NASDAQ:FEYE ) is one of the 3 Top Cybersecurity Stocks for 2017 .
Cyber security stocks (Originally Posted: 01/01/2015)
With the recent rise in hacking, how bullish are you guys for the upcoming 12months for companies like Symantec, Fortinet, Palo Alto Networks, Check Point SW but also ProofPoint, Qualys or Imperva and McAfee. I think we can agree that cyber security companies as an industry represent an interesting market but how would you guys go about identifying the winners and losers within that vertical without being able to qualitatively assess the quality of their products?
thanks
I think you're missing an important one, FireEye. Seems like a great sector to look into but valuation always a concern.
yep, Fireeye is another one and the list goes on... there are also tons of startups and even some VCs that are purely focused on security firms... valuation is definitely a concern. another thing is sale to enterprises where the money is actually made (B2C less differentiated). what we have seen is that especially in the cyber security space, products are very sticky and highly embedded in the organisations so traditional players (symantec, mcafee) have much better position since firms prefer not to risk much (also question of switching costs). new players thus have much more difficult situation to penetrate the enterprise sector... in B2C, a security company should have a distribution partner (think of prenstalled symantec on a new Dell or acer computer) to hit it big (but that is something that cost a load of money..) .... just my 2c to get the discussion going
I'm not saying there are no value plays out there but security has been of a great focus for the last several years. The difference now versus a few years ago is it has greater traction in the media. If nothing else the Target hack of 2013 would have been the better launch point.
Good luck!
I think even in B2B firms will need to rely on resellers as a sales channel even more than in the past. the increasing complexity in security means that there's more products that enterprises need to cover themselves, but I highly doubt that one or two products will be a cure all for every enterprises' need. My guess is Symantec and McAfee are going to lose share as the market gets more fragmented and the winners in my opinion are the resellers who do the work of differentiating the product for enterprises. Blackstone's investment in Accuvant is a good example
that sounds like a good strategy, especially if one believes that companies will start adopting large product suits which would open space for resellers. quite curious how this will play out mid-term..
quite an interesting article on this topic http://www.philly.com/philly/business/20150105_Monday_Money_Tip__Stay_a…
I guess Bain Cap was one step ahead: "Bain Capital goes cyber with $2.4bn Blue Coat deal"
Cyber is wrongly grouped as a part of high growth software like CRM, SPLK, etc. The industry is changing from fragmentation to consolidation from North to South and incorporating East to West products into 1 bundle.
Valuations are ridiculous and you're buying a lottery ticket. Look @ CYBR, has maybe a 2bn TAM and trading @ 10+ EV/S and the product sucks. The space's avg EV/S is 6.7, which is what high growth software was trading @ last year (CRM, SPLK, etc).
PANW FEYE are the rock stars due to product traction in gov space and that's where the tailwind is for impending budget years and public and private data sharing initiatives. CHKP, SYMC and the older cyber firms are losing market share due to lack of innovation and picking wrong products to use RD spend.
CSCO will be buyers when valuations come back to earth, in meantime swing trade them off catalysts.
Fuck that.
Hass and Associates Cyber Security: Portable HD 'Mirror' from LaCie (Originally Posted: 01/26/2015)
Early this month, LaCie made waves when it announced "Mirror", a high-end portable hard drive with a reflective body which is absolutely stunning -- but do you really need such a thing?
LaCie, Seagate's premium brand is no novice when it comes to designing sleek and classy storage products as it has already partnered with Linux and Apple before. This time, it has teamed up with French designer Pauline Deltour to develop the striking Mirror HDD. What's more, they used Corning Gorilla Glass 3 to encase the device, something which is known for its toughness in preventing scratches and chips that break a glass.
Considering that our data these days can truly be said to be a "reflection" of a person, Mirror seems to be a clever symbolism. Apparently, it is both a functional 1TB HDD and a "striking piece of decor". Its glass body not only serves as a decoration but also as a strong casing. But if you're looking for a real portable HDD that you can use on the fly, never mind the fancy design and just go with the usual ones, Hass and Associates Cyber Security wisely advised.
According to Deltour, "The LaCie Mirror, propped up on its ebony wood display stand, is captivating on a desk or anywhere in the home. The intense ebony color contrasts sublimely with the LaCie Mirror's silver facets."
Just its display stand which is made from Makassar ebony wood is enough to captivate anyone once it's connected to a PC. Its rich color and exceptional density apparently makes for a very unique design that no two pieces would be the same. Sounds useful for preventing sly switches we usually see in movies but for mere mortals like us who don't have sensitive data apart from our income statement, this is probably not reason enough to shell more money.
This premium hard drive will be available starting this week for an SRP of USD 279.99. Typical 1TB portable HDD only costs USD 100 or below, which should tell you just how expensive the Mirror's fancy casing is.
"You have to look twice to discover the LaCie Mirror's true ambition. Covered by mirrored glass, it's first an elegant and functional object, and only on second glance is it revealed to be a slim high-performance hard drive," added Deltour.
This would make an excellent gift choice for those with much to spare -- it has both functionality and class. However, like what Hass and Associates Cyber Security quipped, until the rest of your house looks sleek enough to go along with such a fancy hard drive, it's a good idea to pass for now.
Or you can start with buying the fancy hard drive THEN get a house that's as luxurious as that
idk about you but i love me some ultra-strong casing for a 1 tera hd. quality costs more
ya maybe the mirror is not going to be the selling point here but the gorilla glass
knowing that it's from seagate already raises my opinion of this product. they just have to team up with corning and get the ultimate protective casing so...wait, they already did?
meh, it's still way too expensive for just 1T. Their target market here is obviously not the typical consumers but those on the top
Cybersecurity and Zuckerberg's Paranoia (Originally Posted: 06/22/2016)
Did you know that cybercrime and cyberespionage cost the US economy around $100 billion a year?
A hundred billion dollars.
Safeguarding intellectual property, financial info, and your company’s secrets should be an integral part of every company’s business strategy, no doubt. Unfortunately, you can’t know for certain the current level of cybercriminals' abilities -- hackers could be listening in on your board room conversations via your computers, for all you know.
Not to spread undue paranoia but this viral photo of Facebook's Mark Zuckerberg showing his laptop's camera and mic taped over doesn't help either. It's all over the news and in our social media feeds...
(Source: Facebook CEO Mark Zuckerberg puts tape over his laptop camera Business Insider)Call him paranoid, but I bet Zuck knows more about cybersecurity than we do.
He's not taking any chances, and sure as hell is not trusting that little LED indicator that lights up to tell you that your webcam is running.
Better safe than sorry, right?
Here’s a Quick Poll: Comment “1” if you’re also paranoid like Zuck and put tape over your laptop's webcam when not in use. Comment “0” if you’re willing to run the risk of mooning hackers.
0 - nothing to hide here...
I myself wouldn't put tape on my webcam, but I can understand why for some people (with a lot to hide and protect), the thought of their cameras/microphones taking a peek/eavesdropping on them is just unbearable.
Honestly, I hate this. I hate the fact people call him a paranoid instead of calling him a hypocrite. His whole business revolves on getting information on people's lives and "helping" them make friends and get relevant information based on their likes albeit with the users permission but still.
I vote 0. And if you're so afraid of hackers just install a linux distribution and poof most of your security problems are gone.
Great tip there. But being paranoid and being a hypocrite aren't mutually exclusive. :) So I think Zuck's both!
I have been working for a good company for several years. When I was hired, I had an interview with an it-manager.
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