Redseal Named One of the 20 Coolest SIEM and Threat Detection Vendors by CRN Magazine

/by

CRN Magazine | March 8, 2016

CRN Magazine, a leading news source for solution providers and the IT industry, has named RedSeal to their 2017 Security 100 list as one of the 20 Coolest SIEM and Threat Detection Vendors.

CRN says “a growing talent shortage in the security industry and a rising number of threats also mean analytics, automation and orchestration are more important than ever in those systems, as companies need to prioritize alerts and automate simpler security tasks. From hot new startups to some of the biggest security companies in the business, take a look at 20 SIEM and security analytics companies that made this year’s annual CRN Security 100 list.”

Read Article

Negative Unemployment: That Giant Sucking Sound In Security

/by

FORBES | March 21, 2017

By Dr. Mike Lloyd, RedSeal CTO

Businesses everywhere are facing the fact: the security talent pool is dry. I spoke to a manager recently who had hired a security analyst after eight months of searching. Each month he had reduced the requirements and increased the salary. Needless to say, in the end, he was getting less than he wanted for a lot more money. If you are a security professional, this seems great – we have one of the few jobs that are not about to be replaced with automation, and there’s no end in sight to the skills shortage.

But if we take a wider view, this is a big economic problem. Security work is either not getting done, or is being done by people who lack the background or aptitude.

Read Article

Trump’s Budget Proposal to Significantly Boost Cybersecurity Funding

/by

SIGNAL | March 16, 2017

The White House’s first federal budget blueprint unveiled Thursday seeks to fund the nation’s cybersecurity efforts by boosting budgets of the U.S. Defense Department and Department of Homeland Security—an initiative officials say will guard against the magnified threat landscape that is only getting worse.

The budget seeks $1.5 billion for the DHS that will help the government modernize federal computer networks that “can no longer sustain themselves,” White House homeland security adviser Thomas Bossert said a day earlier during Cyber Disrupt 2017, an event hosted by the Center for Strategic and International Studies, or CSIS.

Read Article

Nine Ways To Protect Your Technology Company From DDoS Attacks

/by

FORBES | March 16, 2017

DDoS attacks can wreak havoc on your company’s efficiency if you’re not careful. The Mirai botnet — malware that can be used for large-scale network attacks — can often go undetected due to common oversights and lack of preparation. It may be daunting to think about how IoT devices that make your company run smoothly can be used against you; however, it doesn’t take much time to set up multiple precautions to prevent it.

Below, executives from Forbes Technology Council highlight simple and cost-effective ways that you can safeguard your company from baleful botnets.

 

Read Article

DOJ Indicts Suspected Yahoo Hackers From Russia

/by

SEARCH SECURITY  and TECH TARGET | March 15, 2017 

The U.S. Department of Justice indicted four defendants accused of being the Yahoo hackers behind the breach of 500 million user accounts in 2014.

Three of the four defendants are Russian nationals — Dmitry Aleksandrovich Dokuchaev, Igor Anatolyevich Sushchin and Alexsey Alexseyevich Belan. Dokuchaev and Sushchin are officers of the Russian Federal Security Service (FSB), which is an intelligence agency similar to the CIA, while Belan is on the list of most-wanted cybercriminals and has been charged by the DOJ twice before. The final man indicted, Karim Baratov, is a Kazakh national and was the only one to be arrested. He was arrested in Canada where he is a resident; the three others are in Russia, and extradition is unclear.

Read Article

Cyber Rule Could Quell the Urge to Merge for Government Contractors

/by

SIGNAL | March 10, 2017

A revised NIST guideline raises the risk profile of M&A deals and presents challenges.

Do you work for a cyber company with federal government contracts? If so, hold onto your hat, because $210 billion in government information technology contracts will expire this year and be re-competed.

Federal IT security spending will continue to grow between 2016 and 2021, despite a relatively flat IT market, according to research firm Deltek. The bottom line: More money will be spread out over fewer contracts. This contract streamlining could mean big changes for the industry. “Consolidating contracting into fewer contracts will heighten competition,” reads a portion of the Deltek report. It also could trigger a wave of mergers and acquisitions as competitors expand their in-house capabilities.

Read Article

RedSeal CEO Ray Rothrock Says Academic Incubators Help Hone Great Ideas and Leaders at SXSW Panel

/by

As VC, Rothrock Backed Mark43 at Harvard’s iLab

Sunnyvale, Calif.– Today RedSeal (www.redseal.net) CEO Ray Rothrock joined Michael K. Young, President of Texas A&M University, and Jodi Goldstein, Managing Director of the Harvard Innovation Lab at Harvard University, for a panel discussion on academic incubators at South by Southwest (SXSW).

Rothrock, a former managing partner at Venrock, the investment arm of the Rockefeller family, shared his experience working with the academic incubator Harvard Innovation Lab. Rothrock held office hours at Harvard’s iLab, and met with students from Harvard College, Harvard Business School, and the Massachusetts Institute of Technology. He listened to ideas, made some investments, assisted students with business plans and pitches, and even connected students with other investors who might have an interest in their business ideas.

“I invested in three ideas during my time at iLab. One of my investments was Mark43. The team consisted of three graduating seniors from Harvard’s Electrical Engineering program who had a law enforcement idea; traditionally a difficult area for VC money. They graduated, honed the software, and today it is a fast growing company based in NYC,” said Ray Rothrock, chairman and CEO of RedSeal. “They probably could have been successful without me, but the networking and support from the iLab was tremendous.”

Rothrock said “successful academic incubators are more than just bricks and mortar, but places where ideas come at a fast rate, and  get honed and vetted through a large number of smart, interested, involved people.”  According to Rothrock “just a few great deals start in incubators, but the people who start great companies often pass through an incubator along the way.”

The significance of building a cyber incubator to explore solutions and capabilities was also discussed by Rothrock during the panel discussion.

“Cyber requires not only deep skills and knowledge about networks, but also social engineering and psychology. Those skills are usually not found in one person, so it’s essential for teams to form in order for these successful ideas to mature. A cyber incubator would provide a space for multidisciplinary teams to refine these ideas,” said Rothrock.

The panel discussion explored how academic incubators are helping universities and colleges to become more competitive and attractive, and therefore better able to retain talented students and faculty. The South by Southwest® (SXSW®) Conference & Festivals celebrates the convergence of the interactive, film, and music industries.

People, Capital and Continuous Monitoring

/by

MIDDLE MARKET EXECUTIVE | March 7, 2017

With Ray Rothrock, RedSeal Chief Executive Officer

MME: What are your priorities when it comes to growing this middle market business over the next 12 months?

“My job is to resource the company, people and capital, and maybe technology if that’s needed, but it’s mostly people because my priority is to grow this business globally as fast as I can, point one. Point two, we have a database and we’re doing a full conversion of that database so that we can actually get into a full, continuous monitoring across a massive, global network like a large company would have.

Right now, it’s batch. We run our softwares at batch and I want to run it continuously, so we’re in a transition. So, two things, advance sales globally and to get our database up so we can do this continuous monitoring because that’s where the future is. Those are the two things. And so what do I need for that? I need people, and so I need money, so I’m in the fundraising mode right now. That’s my number one job, that’s the key resource I can bring to RedSeal, capital.”

Building A Tougher Wall

/by

ARABIAN COMPUTER NEWS | March 5, 2017

By Ray Rothrock, RedSeal Chief Executive Officer

Ray Rothrock, chairman & CEO of RedSeal, examines the importance of digital resilience in the overall cybersecurity strategy.

Who says prevention is better than cure? Since the advent of networks and hacking, prevention, coupled with detection, has been the primary cyber strategy to counter cyberattacks. But, with the exponential increase in the pace and complexity of digital connections, and sophistication of the attackers, this approach is falling short as the recent Shamoon attacks in Saudi Arabia so clearly demonstrated.

Clearly, we need more and better prevention. But, here’s the cold, hard truth: It’s not a question of if your organisation will suffer a security breach but when – no matter how good your prevention is. Cyber-attacks are now so advanced that, should a hacker’s attention turn to your company, the attack will almost certainly succeed in getting inside your network.  Your mission should be to shut the attacker down – and fast.

 

Read Article

Infosec Mourns Over Howard Schmidt, Who Helped Make the Country a Safer Place

/by

CSO | March 3, 2017

Howard Schmidt, who passed away yesterday morning at his home after a battle with cancer, was a storied figure in world of cybersecurity.

He advised both President Brack Obama and George W. Bush on cybersecurity. He was a CSO at Microsoft and a CISO at eBay. He led several industry groups, and wrote books on cybersecurity.

But when security professionals remember him, it is not so much for his technical accomplishments as for the impact he had on the people around him. He is remembered as a mentor, a communicator, and an educator.

 

Read Article