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New Firm Pitches Cybersecurity for Less Well-Heeled
From: InfoSec News <alerts () infosecnews org>
Date: Fri, 28 Mar 2014 06:45:44 +0000 (UTC)
By DANNY YADRON
The Wall Street Journal
March 27, 2014
Last week, we wrote about military contractors pitching banks and energy
companies on big-ticket anti-hacking technology -- not something everyone
Now some big-name former Washington officials are backing a new
cybersecurity company that seeks to help less-well-heeled clients. Vectra,
run by two former Juniper Networks executives, uses an approach en vogue:
Identifying hackers already in the system rather than trying to keep them
The technology plays on what has become a cliche in computer-security
circles: All companies have been hacked, some just don’t know it yet.
The goal is to help a company figure out which cyberattacks are an
annoyance and which could make them the next Target, where hackers last
year stole 40 million credit and debit card numbers.
"For the average IT organization that doesn't have the depth of resources
or the budget -- which is really the heart of business at the end of the
day -- what are they going to do?" Vectra CEO Hitesh Sheth said. "Are they
going to buy extremely expensive services?”
Vectra, which came out of "stealth mode" Wednesday, is backed by Khosla
Ventures and others. Advisers include the consulting firm of former
Secretary of State Condoleezza Rice, and former Department of Homeland
Security official Jane Holl Lute.
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- New Firm Pitches Cybersecurity for Less Well-Heeled InfoSec News (Mar 28)