The New Endpoint Security Market…

Venture capital investments in cybersecurity companies are aggressive these days but yesterday’s news was startling nonetheless. First, Cylance announced a round of $120 million led by Blackstone Tactical Opportunities. Cylance says that the funding will help it expand sales and marketing initiatives and extend its global footprint. Not to be outdone, Cylance archenemy CrowdStrike announced a round of $200m, led by General Atlantic and IVP, and now claims a valuation of more than $3 billion. Like its rival, CrowdStrike says that the new funding will go toward sales and marketing as well as product development. These two “unicorns” are not alone. Tanium and Cybereason have also enjoyed funding rounds of $100m while SentinelOne raised $70m in a series C round last year. Holy antivirus, Batman! Now all this VC investment seems a little crazy at first glance. After all, the entire endpoint security market is somewhere in the 5 to 7 billion-dollar range and its currently dominated by a cabal of vendors including Kaspersky Lab, McAfee, Sophos, Symantec, Trend Micro, and Webroot. Given this market reality, it’s fair to ask how the Sand Hill Rd. phat cats can justify this level of investment in a crowded and mature market. Yup, endpoint security investment is aggressive but there is some wisdom behind this VC strategy. Today’s endpoint security market no longer looks like the antivirus market circa 2008. Rather, it is transforming rapidly for several reasons: To read the complete article, CLICK...

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WannaCry Makes Me Want to Cry!

As I read about the WannaCry ransomware attack, my brain is racing with thoughts about the causes and effects of this global incident. Here’s my two cents: To read the complete article, CLICK HERE

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Cybersecurity Remains an Elusive Business Priority

I’ve been remiss by not blogging earlier this year about ESG’s annual IT spending intentions research. The year 2017 continues to follow a pattern—cybersecurity is a high business and IT priority for most organizations. Based upon a global survey of 641 IT and cybersecurity professionals, the ESG research reveals: To read the complete article, CLICK...

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The New McAfee

I’ve worked with McAfee for a long time – from its independent days, during the Network Associates timeframe, through financial issues, back to McAfee and the go-go Dave DeWalt era, and finally as Intel Security. To be honest, Intel’s acquisition of McAfee was always a head scratcher for me. The 20-somethings on Wall Street crowed about Intel cramming McAfee security in its chip set but this made no sense to me – Intel had long added security (and other) functionality into its processors with lukewarm market reception. The two cultures were a mismatch as well. Ultimately it seems that Intel came to a similar conclusion and recently spun out McAfee in a private equity stew. So, what are the prospects for McAfee this time around? Like comedy, timing is everything when it comes to financial markets, customer demand, and market opportunity. The new McAfee starts its comeback in a robust $100 billion+ cybersecurity market where customers want help, vision, and leadership from their cybersecurity vendors. McAfee has a few real strengths it can deliver to this hungry market including: To read the complete article, CLICK...

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RSA Conference Topic: Endpoint Security

As the calendar shifts from January to February, cybersecurity professionals are gearing up for the RSA Security Conference in a few short weeks. Remarkably, the management team is expecting more than 50,000 attendees this year! So, what can we expect from RSA 2017? Well, cybersecurity is being driven by dangerous threats, digital transformation, and the need for massive scalability. This means innovation and change in just about every aspect of cybersecurity technology so I plan on writing a few blogs about my expectations for the RSA Conference. I’ll start with this one about endpoint security. To be clear, endpoint security should no longer be defined as antivirus software. No disrespect to tried-and-true AV, but endpoint security now spans a continuum that includes advanced prevention technologies, endpoint security controls, and advanced detection/response tools. My colleague Doug Cahill and I are currently tracking more than 50 endpoint security vendors, demonstrating just how much activity there is today. Here’s a brief list of some endpoint security activities I anticipate at RSA: To read the complete article, CLICK...

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