Information security in hedge funds is new and many hedge funds don't know what cybersecurity is or what is at risk. And there are unique security issues specifically related to hedge funds.

With a high risk/reward mentality, and with high-worth individuals involved, regardless of the technologies implemented, the potential security problems may best addressed presently through ongoing security awareness and education, according to an expert in the space.

Brian Lozada, Director and CISO of Abacus Group, LLC, a solutions provider servicing the segment speaks with Security Current's Vic Wheatman about the state of hedge funds and how they are a 'rich' target for cyber attackers.

 

How can CISOs differentiate among "me too" information security startups? What is the role of incubators in helping new companies get started? And how is the NSA considered one of the best "graduate schools" in cybersecurity?

Security Current's Vic Wheatman explores this and other topics with Allegis Capital's Founder and Managing Director Robert Ackerman in part three of our investor series.

 

One of the primary exit strategies for security startups is to be acquired. Sometimes that's a good thing, other times, not so much.

Hear about some of the issues associated with acquisitions and where startups added value to a security platform or suite of a larger solution provider.

And get the inside scoop on what Allegis Capital's Founder and Managing Director Robert Ackerman sees as some of the most creative, innovative, and cutting edge information security ideas of today.

In part two of a three-part series, Ackerman discusses exits and technologies he is watching.

 

At the second Security Current Security Shark Tank competition held during Black Hat in Las Vegas, six up and coming cybersecurity providers came face-to-face with some 20 Chief Information Security Officers (CISOs).

The startups were: Dtex Systems, Infocyte, Cymmetria, Datex Inc, Wombat Security and Syncurity.

After each startup's interaction with the Security Sharks, Security Current's Vic Wheatman spoke with the speaker for a quick hit podcast.

Hear the results in this entertaining and informative podcast.

 

The level of venture capital financing has hit new heights with increasing investments in information security. Some venture capitalists (VCs) specialize in finding and funding startups in security, which is a unique segment within technology.

What does this mean for security startups? And how does an investor's perspective impact Chief Information Security Officers?

In part one of a three-part series, Security Current's Vic Wheatman speaks with Robert Ackerman, founder and managing director of Allegis Capital about the current state of VC funding and the burgeoning security field.

 

How effective are Security Analytics tools and how do you compare their operational effectiveness?

After spending months researching this subject, Gartner's Dr. Anton Chuvakin says the long and short is that they just don't know how well the tools work as there isn't much data on the operational effectiveness of security analytics.

He points out that for analytics tools, many of the vendors have just 5-10 customers that have some data but it isn't enough. He tells Security Current's Vic Wheatman that a lot of stuff is very anecdotal and we only hear the success stories. So, he says it is hard to say, which type of a tool, model and statistics are working well. Listen to hear what you should do.

 

It no longer is if an intruder will gain access to your network, it is just a matter of when they will gain access.

Cybersecurity company Datex, Inc. says employees will make mistakes, user credentials will be compromised, data theft will happen and compliance mandates will not be met.

DataStealth services addresses these and other issues by inspecting network traffic, extracting sensitive information and substituting spurious data for the original information, transforming that information into secure and usable fragments to allow applications to securely do their jobs.

In this sponsored podcast with Security Current's Vic Wheatman, Ross Morley of Datex, Inc. describes how the service works, its benefits and provides real-world use cases.

 

SIEM stands for Security Information and Event Management.

SIEM is continuing to grow in usage, but where does it stand in terms of cloud deployments and what is its cloud-based marketshare?

Gartner's Dr. Anton Chuvakin challenges the idea that one can compute market share for "Cloud SIEM" products because they actually don't quite exist, yet.

While he acknowledges that there are some "almost" SaaS (Software as a Service) SIEM products and services, true cloud-based SIEM solutions are not available.

In conversation with Security Current's Vic Wheatman Dr. Chuvakin provides a taxonomy for SIEM and describes the reasons for the definitional differences.

 

Massive database breaches have resulted in millions of user identification and authentication profiles being compromised. Identifying unauthorized attempts to access systems or accounts is a basic requirement for financial institutions, etailers, retailers, healthcare providers and other enterprises.

Knowing the difference between employee and attacker behavior is key to avoiding security alert fatigue and requiring scarce resources to parse the good from the bad access attempts.

Further, collecting information about rogue takeovers for forensic purposes is a good idea. Security Current's Vic Wheatman speaks on these issues and others with Mark Seward, Vice President of Marketing for Exabeam in this sponsored podcast.

 

With experts citing employees being compromised by attackers as a primary cause of security breaches, many enterprises are seeking new training methods.

Spun out of Carnegie Mellon University, Wombat Security takes what it says is a different approach that applies learning science principles. Gone are traditional classrooms and videos, replaced by an interactive more engaging approach based on research on how people best learn new things.

In this sponsored podcast, Security Current's Vic Wheatman speaks with Joe Ferrara, President and CEO of Wombat Security about how his company's training programs are improving the security posture of today's enterprises.

 

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