Plenty of Reasons Why Cybereason Is a Key Player in Security
You may not fully understand or appreciate the importance of cyber security, but it’s essential. Most of the time the work of a company like Cybereason is happening “behind the scenes,” where you never notice it.
The only times you’ll likely be exposed to cyber security or the need for any type of technology in this vein is when there’s an attack, a compromise of your computer system or other device, credit card information, or other personal data somebody stole from a business you trusted.
Founded on Israeli Technology
According to its website, Cybereason is “rewriting the rules on how organizations protect themselves against rapidly evolving adversaries.” Its founder Lior Div worked for the Israeli military and then as a private contractor focused on cyber security before turning his sights to the private sector.
The world of cyber security is constantly evolving and becoming more critical for individuals and companies.
Threats are coming from all directions and even the most current and well written laws are virtually powerless in stopping hackers and other threats from getting in, causing damage to networks and devices, and stealing vital, sensitive information.
That’s because certain countries do little to combat these problems. In fact, some believe there are countries supporting hackers, giving them safe haven and free rein, and encouraging cyber attacks to be carried out against their adversaries, nations, military contractors, and other private entities.
A Company Built on Venture Capital
Cybereason is built on a concept of cyber security to fill a specific need in the industry. And just like so many other technological entities, it couldn’t be as successful as it has been to date without the financial support and backing of partners.
Getting this kind of financial support to build and grow is commonly referred to as “venture capital.” Other companies and investors seek out new innovative ideas, small businesses, and entrepreneurs who have great ideas, are forward thinking, and can solve problems in the future that may only have problems beginning to develop now (and for which few people can envision how they will become a serious threat in the coming years).
This company has secured tremendous venture capital through a series of funding rounds. In 2015, it secured $59 million in Series C funding from Softbank. In 2019, the company raised $200 million, again from Softbank and its affiliates.
This basically says that Softbank sincerely believes that what Cybereason has to offer the world of cyber security as a whole is valuable.
Cyber Security Is Dramatically Underserved
According to its own estimation, there is a shortfall of at least 3 million people when it comes to manually detecting cyber threats. This company has developed automatic detection strategies that filter through various networks and nodes looking for anomalies, unexpected variations, and unauthorized access.
It then reports these events to cyber security experts who investigate to determine whether it was from outside or part of the organization’s normal operating processes.
The fact that there are so many positions unfilled highlights a massive gap in the overall security of cyber systems for private companies, small and large businesses, government agencies, and even individuals.
In fact, hackers recently managed to infiltrate more than 10 cell networks to steal years and years of call records for a specific group of individuals. There was no direct information provided about who these people were, but neither they nor the cell companies were aware of these threats or compromises.
According to Cybereason, the threats appeared to originate from China, but admits it could have been deliberately made to only appear that way. That’s the nature of cyber threats; hackers and attackers have become so skilled in what they do that they can disguise themselves, their attacks, and where they are operating from, hiding from even the most experienced cyber security experts.
When operating in a country that encourages these acts, there’s little one can do as far as recrimination or seeking justice. It’s about minimizing risk, loss, or damage.
You Don’t Know What You Don’t Know
This sounds like such a ridiculous statement on the surface, but it highlights a very important factor: in the world of cyber warfare, hacking, and an increasing dependence on the Internet and, ultimately, the Internet of Things (IoT) — which essentially encompasses every device that can connect the Internet in some way, shape, or form like modern refrigerators, cars, and TVs — most people are simply not aware of just how massive and serious the threats that exist today are.
In fact, according to one tech review site, Cybereason uncovered a data breach in a defense contractor’s network, compromising significant amounts of data that went on for some time, but they were completely oblivious they were even hacked in the first place.
You may not know what you don’t know, but when it comes to cyber threats and cyber security, that kind of attitude can be devastating for just about any company. Organizations like Cybereason are becoming more relevant and important in protecting individuals, government agencies, and organizations because of the dramatic shortfall of manual labor to detect hacks in real time.
If you don’t know very much about cyber threats or how they could impact you or, especially your new entrepreneurial endeavor (a new business), you could face serious hardships with a simple hack and not be aware of it for weeks, months, or a year or more. The kind of damage that can happen in those cases can be, in a word, catastrophic.
You could have everyone going well for your new startup, be building a great brand, and overnight have it all stolen or destroyed. Pay attention to cyber security.