CYBER SECURITY INNOVATION

AN URGENT CALL FOR CYBER HEROS

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

CURRENT SITUATION What’s happening out there?

Cyber Security Incidents reported to the U.S. CERT

CURRENT SITUATION

CURRENT SITUATION

ATMs, POS, Banking Trojans, contactless pickpockets, etc, etc, etc.

CURRENT SITUATION

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

IoT devices

CURRENT SITUATION

•  Marketing •  State-sponsored •  Competitiveness •  Crime/Terrorism

Privacy and Cyber Espionage

CURRENT SITUATION

CURRENT SITUATION

Air traffic control systems, railways, power stations, water plants, cars, etc, etc.

Terrorism

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

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.

REAL TIME ATTACKS

The battle

CURRENT SITUATION

Why are the bad guys winning?

CURRENT SITUATION

CURRENT MODEL New challenges, old methods

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

CYBER SECURITY DISRUPTION

Digital disruption

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

> >

CYBER SECURITY

Innovation is the answer

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

THE MARKET Cyber Security

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”

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

THE MAP

For more detail, the table can be found here.

BIG CYBER SECURITY EXITS

INVESTMENT HISTORY

INVESTMENT HISTORY

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)

THE NECESSITY Players

THE BIG PICTURE

University/Education

Government

Niche Investors/Accelerators

Startups

Corporations

Cyber Security Community

Women

Men

CYBER HEROES NEEDED

Lean startup Fellow founders

Funding Legal

Sales Marketing/Growth Hacking

Cyber Security Operations

CYBER HEROES NEEDED

JOIN US We want you!

THANK YOU!

carlos@hackcradle.com