Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Operations

12/3/2014
10:00 AM
Rick Gordon
Rick Gordon
Commentary
Connect Directly
Twitter
LinkedIn
RSS
E-Mail vvv
100%
0%

How Startups Can Jumpstart Security Innovation

One of the best places for CISOs to turn for a cutting-edge cyber security strategy is the burgeoning world of startups. Here's how to find them.

In the not-too-recent past, the Golden Rule among security practitioners was always: Don’t talk about security. Today, our collective silence is giving way to a new paradigm. Cyber security is a Main Street media issue, and, as a result, security innovation has become a strategic imperative for business.

That’s good news and bad news for information security teams. The good news is your C-suite finally understands why security innovation matters. The bad news: They will expect more of it from you.

Where do you begin? One of the best sources for cyber security innovation is in the burgeoning universe of security startups. These pioneering companies are frequently overlooked because CISOs consider them to be too risky or don’t have the opportunity to hear what they have to offer. In fact, there are many organizations that are focused on stimulating infosec innovation and bridging the gap between early-stage companies and leading security buyers.

The Security Innovation Network, for example, this week will showcase some of the most innovative companies in the security industry from Silicon Valley, the Mid-Atlantic, New York, and the United Kingdom in its SINET16 Showcase, in Washington, D.C.

If you are in the financial services sector, the FinTech Innovation Lab supports early- and growth-stage companies that have developed cutting-edge technology products targeted at financial services customers. While not all FinTech-sponsored companies are security-related, FinTech is a great starting point, especially if you are located in New York.

And finally, accelerators like Mach37 are focused on investing in the next generation of security startups. Mach37 needs to know your most pressing security problems and will invest in new companies to solve them. Mach37 holds weekly events in the spring and fall that are open to all security stakeholders and Demo Days in early December and early June.

Source: FinTech Innovation Lab
Source: FinTech Innovation Lab

If you have never worked with a startup, you may have concerns about the risks associated with their relative immaturity. However, it's probably safer you think. Here’s why:

  • A startup is a partner, not simply another vendor. Startups need you to be delighted with their products. They will overinvest in your project to address your requirements and will adjust their product roadmaps to ensure you get the solution you want over the long-term.
  • You get all the benefits of innovation while outsourcing most of the risk. Simply stated, startups spend their investors’ money to help offset much of the cost associated with building what you want.
  • Of course, when you ultimately buy the product, it will cost you lot less. Deep early-adopter discounts are table stakes for startups, and they are motivated to offer them to you.
  • And finally, the CEO is a phone call away. Instead of being forced to endure a customer service queue and the Musak version of some lame GNR rock ballad, you are going to get the CEO’s mobile number. Their spouses will yell at them if they don't pick up.

The important thing is to recognize that you need to start innovating, and the best place to look for innovation is in startup companies. This will not only enhance your own brand among your peers within your company and the security industry overall, but it will improve your company’s competitive position globally.

Rick Gordon is an expert on security technology, business strategy, and early-stage venture development. He currently serves as Managing Partner of Mach37 TM, a cyber security market-centric accelerator developed by the Virginia Center for Innovative Technology. MACH37 ... View Full Bio
Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
Marilyn Cohodas
50%
50%
Marilyn Cohodas,
User Rank: Strategist
12/3/2014 | 10:38:18 AM
Great advice
These are great resources & reasons for security teams to partner with a startup. Thanks for sharing them with us Rick. 
Microsoft Patches Wormable RCE Vulns in Remote Desktop Services
Kelly Sheridan, Staff Editor, Dark Reading,  8/13/2019
The Mainframe Is Seeing a Resurgence. Is Security Keeping Pace?
Ray Overby, Co-Founder & President at Key Resources, Inc.,  8/15/2019
GitHub Named in Capital One Breach Lawsuit
Dark Reading Staff 8/14/2019
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Current Issue
7 Threats & Disruptive Forces Changing the Face of Cybersecurity
This Dark Reading Tech Digest gives an in-depth look at the biggest emerging threats and disruptive forces that are changing the face of cybersecurity today.
Flash Poll
The State of IT Operations and Cybersecurity Operations
The State of IT Operations and Cybersecurity Operations
Your enterprise's cyber risk may depend upon the relationship between the IT team and the security team. Heres some insight on what's working and what isn't in the data center.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2019-15132
PUBLISHED: 2019-08-17
Zabbix through 4.4.0alpha1 allows User Enumeration. With login requests, it is possible to enumerate application usernames based on the variability of server responses (e.g., the "Login name or password is incorrect" and "No permissions for system access" messages, or just blocki...
CVE-2019-15133
PUBLISHED: 2019-08-17
In GIFLIB before 2019-02-16, a malformed GIF file triggers a divide-by-zero exception in the decoder function DGifSlurp in dgif_lib.c if the height field of the ImageSize data structure is equal to zero.
CVE-2019-15134
PUBLISHED: 2019-08-17
RIOT through 2019.07 contains a memory leak in the TCP implementation (gnrc_tcp), allowing an attacker to consume all memory available for network packets and thus effectively stopping all network threads from working. This is related to _receive in sys/net/gnrc/transport_layer/tcp/gnrc_tcp_eventloo...
CVE-2019-14937
PUBLISHED: 2019-08-17
REDCap before 9.3.0 allows time-based SQL injection in the edit calendar event via the cal_id parameter, such as cal_id=55 and sleep(3) to Calendar/calendar_popup_ajax.php. The attacker can obtain a user's login sessionid from the database, and then re-login into REDCap to compromise all data.
CVE-2019-13069
PUBLISHED: 2019-08-17
extenua SilverSHielD 6.x fails to secure its ProgramData folder, leading to a Local Privilege Escalation to SYSTEM. The attacker must replace SilverShield.config.sqlite with a version containing an additional user account, and then use SSH and port forwarding to reach a 127.0.0.1 service.