18 Jul Evolution Equity TV: Who’s Who In Cybersecurity
Produced by Cybersecurity Ventures. Sponsored by Evolution Equity.
The Evolution Equity TV channel brings you the latest on hot cybersecurity companies and entrepreneurs, VC deal flow, mergers and acquisitions, industry events, cryptocrime, and more. Evolution Equity Partners, based in New York City and Zurich, Switzerland, is an international venture capital investor partnering with exceptional entrepreneurs to develop market leading cyber-security and enterprise software companies. EvolutionEquity.TV
Ian Swanson, CEO at Protect AI
Protect AI is building a safer AI Powered World by empowering a community of ML security researchers, finding unique exploits, and providing tools to reduce risk inherent in MLOps pipelines. MLSecOps puts security at the heart of ML design, enabling ML developers to continue rapidly innovating while protecting against unique ML vulnerabilities. Ian Swanson, CEO of this hot startup, gives us the 30,000-foot view in the latest episode of Evolution Equity TV.
The past, present and future of Cybersecurity
Sometimes, it takes that little something special for the name of a place to take on an evocative meaning of its own. This transformation long ago turned The Hamptons, an erstwhile potato farming area that in the late 1800s became a favored coastal holiday destination for New York City’s industrial giants, into a lifestyle — and an architectural style — that is recognized worldwide. Cybercrime Magazine and Evolution Equity Partners go “Hacking In The Hamptons” in this first panel on the history of cybersecurity.
Deneen DeFiore, VP & CISO at United Airlines
Research from Cybersecurity Ventures shows that women make up around 25 percent of the cybersecurity workforce, and that number is trending up. We believe it’s important to get the word out that women are wanted, respected, and valued in the ever-going fight against cyber thieves. Deneen DeFiore, VP and CISO at United Airlines, is in the popular book — Women Know Cyber: 100 Fascinating Females Fighting Cybercrime — and she talks to us about how we can bring more women into the field.
Jamil Farshchi, EVP & CISO at Equifax
Jamil Farshchi, EVP and chief information security officer at Atlanta, Ga.-based Equifax, a global data, analytics, and technology company with 14,000 employees in 28 countries, appears on the inaugural “CISO Talk” show and shares about the past, present, and future of cybercrime and cybersecurity with Richard Seewald, founder and managing partner at Evolution Equity Partners. In terms of the cyber threats faced by CISOs and their organizations, Farshchi says that, surprisingly, not a whole lot has changed over the past decade.
Gadi Bashvitz, CEO at Bright Security
If you’d like to secure your applications and APIs for both technical and business logic vulnerabilities at the speed of DevOps, with minimal false positives, then watch Gadi Bashvitz, CEO at Bright Security, in this episode of Evolution Equity TV. Bashvitz explains how to avoid security being an afterthought or becoming a bottleneck to DevOps. Founded in 2018, Bright Security, with offices in the U.S., Israel, and Georgia, is a developer-centric Dynamic Application Security Testing Solution, also known as a DAST.
The hottest companies at the biggest cybersecurity conference
Cybercrime Magazine and Evolution Equity Partners trekked to the RSA Conference 2023 in San Francisco. This year’s theme is “Stronger Together” and although this event is behind us now, there’s so much to enjoy in this video. We caught up with Richard Seewald, Dennis Smith, and Tehar Elgamel of Evolution Equity, and some of their portfolio companies including TrueFort, SecurityScorecard, Snyk, Ox Security, Beyond Identity, Talon, and Pentera.
Guy Podjarny, founder at Snyk
Snyk, the developer security company that raised around $700 million over the past three years, is one of the hottest names in our industry. Guy Podjarny, founder at Snyk, sat down with Cybercrime Magazine last week to talk about all things Snyk, including its quirky name. “The original idea for Snyk was that we will instrument an application and we will ‘sneak’ data out but we’ll spell it with ‘y,’” says Podjarny. “Then I googled that (snyk) … the top result I got was the Urban Dictionary saying it’s short for ‘so now you know,’ so that clinched it.”
Neatsun Ziv, Co-Founder & CEO at OX Security
OX believes that security should be an integral part of the software development process, not an afterthought. Founded by Neatsun Ziv and Lior Arzi, who previously led Check Point’s Security Group, OX provides DevSecOps teams with the automation, visibility, and risk insights they need to bring security and integrity to every step of the software development lifecycle, from the earliest planning stages until deployment to production.
Ofer Ben-Noon, co-founder & CEO at Talon
Ofer Ben-Noon has been there, done that, and now he’s doing it again. The founder and CEO of cybersecurity startup Talon was previously founder and CEO at Argus Cyber Security, a high flyer in the automotive space that was acquired by German tire and advanced car components maker Continental for a reported $430 million in 2017. Now Ben-Noon is leading Talon’s market push on the heels of its recent $100 million Series A funding led by Evolution Equity Partners. If history repeats itself, then Ben-Noon’s bet on securing the future of work is sure to pay off.
A deep dive with cybersecurity expert Theresa Payton
If you want the Who, What, Where, When, and Why around the FTX crypto crash, then watch former White House CIO Theresa Payton and Hillarie McClure, VP of Multimedia Production at Cybercrime Magazine, in a deep dive discussion around Sam Bankman-Fried and his escapades while at the helm of the FTX cryptocurrency exchange and its sister quantitative crypto trading firm Alameda Research. “It reads like a Hollywood script,” says Payton, referring to SBF’s shenanigans.
Oz Alashe, CEO & Founder at CybSafe
Since 2004, the President of the United States and Congress have declared October to be Cybersecurity Awareness Month, helping individuals and businesses to protect themselves online as threats to technology and confidential data become more commonplace. This month, Oz Alashe, CEO and founder at CybSafe, a security awareness training company, talks to Cybercrime Magazine on Evolution Equity TV.
A look at cyberattacks targeting cryptocurrency platforms
Scott Schober, author of Hacked Again and Chief Security Officer for Cybersecurity Ventures, joins Steve Morgan, Editor-in-Chief at Cybercrime Magazine, for a deep dive into the world of cryptocrime, and some of the emerging cryptosecurity companies we’re following. Who’s hacked: Beanstalk; Binance; Bitmart Crypto; Crypto.com; Horizon bridge; Nomad bridge; Wintermute; Wormhole; and others.
The hottest companies at the annual hacking conference
Cybercrime Magazine and Evolution Equity TV made the annual pilgrimage to Las Vegas and caught up with the founders and leaders of some of the hottest cybersecurity companies. Our special coverage included SecurityScorecard, Pentera, Talon Cyber Security, and TrueFort. This year’s Black Hat was a record breaking event and welcomed more than 17,400 joining in person at the Mandalay Bay Convention Center.
HOT companies in the emerging cryptosecurity space
On the July 2022 episode of Evolution Equity TV, thought leader Richard Seewald joins Steve Morgan, editor-in-chief at Cybercrime Magazine, for a discussion on venture capital deal flow in the cybersecurity space, mergers and acquisitions, and trends in cryptocrime. In the first half of 2022, $100M+ investments are keeping up with the activity we saw last year. New opportunities abound for cryptosecurity companies.
Hot cybersecurity startups and emerging players at the world’s largest cyber event
Cybercrime Magazine met up with Richard Seewald, founder and managing partner at Evolution Equity Partners, at the RSA Conference USA 2022 in San Francisco, the world’s largest cybersecurity conference. Our special coverage featured some of the most innovative cybersecurity companies exhibiting their wares — including Talon Cyber Security, CybSafe, SecurityScorecard, Pentera, Beyond Identity, and others.
Cybersecurity high-flier answers with invisible multi-factor authentication
Ask Thomas Jermoluk what the biggest problem with today’s security is, and he’s unlikely to even pause for a breath before answering. “Passwords,” he told Cybercrime Magazine. “Over 85 percent of the issues today with account takeover, ransomware, and supply chain attacks all emanate from this single problem. Passwords are a fundamentally insecure, shared secret mechanism that has been a plague on our industry for 30 years now — and it’s getting worse and worse with the hybrid workforce and remote workforce that has gone on due to COVID.”
Fledgling company brings quantum-safe encryption to the cloud
At some point in the not-too-distant future, the arrival of the so-called “Q-Day” will see quantum computers able to crack the encryption algorithms used to store the world’s most sensitive data — and years of encryption algorithms will suddenly become obsolete. David Williams is confident that he’s cracked the problem. The UK-based firm he founded, Arqit, worked to find a solution by developing a new way of generating and using cryptography keys so that public key infrastructure (PKI) systems could be designed to resist brute-force attacks by future quantum computers.
A chance meeting at RSA Conference led to backing from Evolution Equity Partners
No matter how much talent they have — or how good their technology is — startups inevitably face a common challenge as they push hard to scale their business to the size and capability that their target market requires. The founders of fintech startup TrueFort, who tapped years of financial-services experience to build a zero-trust security platform, faced this challenge several years into their journey. Despite “tremendous” growth, it quickly became clear that continuing the company’s success story would require the support of investors that understood the company’s technology and appreciated its future potential.
Fledgling automated pen-testing company has nearly 500 customers
After years running penetration testing within the Israeli Army, Arik Liberzon came to realize something that would eventually see him founding a company that became Israel’s latest cybersecurity unicorn. Pen-testing and red-teaming, Liberzon and co-founder Arik Faingold found, were treated as black arts, and poorly understood by the Army leaders — when in fact much of what was being done was routine, repetitive and well-defined. That meant it was ripe for automation — and in 2015, they founded Tel Aviv-based Pcysys, which spawned a rapidly-growing business in automated security validation and was renamed Pentera.
Founder credits VC expertise as financial analytics firm nears unicorn status
In a market where enthusiastic investors are pumping massive amounts of funding into cutting-edge startups and scaleups, just getting that funding is only a small part of the challenge; even harder, said Vishal Marria, is getting the right expertise to spend it as effectively as possible. That might seem counterintuitive for CEOs that are used to talking up their business ambitions to outshine rivals in the fight to win over venture capitalists. But when it comes down to it, explains Marria — CEO of London, UK-based data-analytics star Quantexa — the biggest business value will come from the expertise and connections that come along with that money.
Fast growing startup protects highly confidential data in the cloud
Building highly specialized security technologies can be a way to stand out in a crowded market, but Cape Privacy CEO Chè Wijesinghe knows that building the brain trust to deliver and scale innovative technology can be extremely expensive. For companies like Cape Privacy — whose core business is built around the use of machine learning to analyze encrypted customer or other data — having the financial backing of strong investor partners made all the difference. “Early stage investors look for a great team or a great product idea — and ultimately, execution becomes everything.”
Evolution Equity invests much more than money into SecurityScorecard
It may be a billion-dollar unicorn and VC darling now, but in its early days back in 2013, co-founder and CEO Aleksandr Yampolskiy recalls, SecurityScorecard’s founders were having trouble finding venture capitalists who believed enough in the idea to back it with money. “When we started talking to investors back in 2013, people just didn’t understand the power of what it could become,” he told Cybercrime Magazine. “One investor said we would never be able to build it. Another rejected me because it wasn’t as interesting as a consumer iPhone app he had invested in.”
About Evolution Equity
Evolution Equity Partners is an international venture capital investor partnering with exceptional entrepreneurs to develop market-leading cyber-security and enterprise software companies.
Based in New York City and Zurich, Switzerland, the firm is managed by investment and technology entrepreneurs who have built companies around the world and leverage their operating, technical and product development expertise to help entrepreneurs win.
Evolution has interest in companies utilizing big-data, machine learning, artificial intelligence, SaaS, mobile and the convergence of consumer and enterprise software to build leading information technology companies.