Last October Chandra Pandey, founder and CEO of cybersecurity firm Seceon, told Red Herringhow the security industry was “broken”, and that his was one of few companies willing to build personal, trust-based partnerships.
But as the world becomes ever more connected, and the complexity of systems multiplies, cybersecurity platforms must be able to see intruders more clearly, and more quickly, than ever. According to MarketsAndMarkets, an analyst, the global cybersecurity industry will be worth $231.94 billion by 2022.
Seceon has already jumped ahead in that lucrative queue, with a combination of machine learning and SaaS model: a combination Pandey describes as “the way to go.” The above infographic describes the Seceon describes the company’s comprehensive security plan.
“We are going to double down on those things,” Pandey adds of 2018, a year in which he expects cyber attacks to target industries hitherto bypassed by the majority of digital criminals. “Manufacturing will be hit hard,” he says. “There are more and more attacks now, and attackers are automating their attacks.”
Would-be invaders “have a huge computing power attributed to them,” adds Pandey, who bootstrapped his firm in 2014. “They have a capacity to go after the smaller businesses as well. More and more of those attacks will be directed towards small and medium sized banks, hospitals, manufacturers…which are not very well protected.”
Scalability of cybersecurity products will therefore be a must in 2018, Pandey says. Solutions must be able to scale up or down, and retain cost-effectiveness at all price points. The exponential dexterity of attacks makes musts of visualization and speed.
“You might have something come through the door,” says Pandey. “But if you have never seen it and it’s doing something you’ve never seen before, you’ve got to get it..Read More