{"id":26791,"date":"2022-12-31T00:26:12","date_gmt":"2022-12-31T00:26:12","guid":{"rendered":"https:\/\/mailinvest.blog\/index.php\/2022\/12\/31\/how-entrepreneurs-can-leverage-the-coming-golden-age-of-cybersecurity\/"},"modified":"2022-12-31T00:26:12","modified_gmt":"2022-12-31T00:26:12","slug":"how-entrepreneurs-can-leverage-the-coming-golden-age-of-cybersecurity","status":"publish","type":"post","link":"https:\/\/mailinvest.blog\/index.php\/2022\/12\/31\/how-entrepreneurs-can-leverage-the-coming-golden-age-of-cybersecurity\/","title":{"rendered":"How entrepreneurs can leverage the coming golden age of cybersecurity"},"content":{"rendered":"

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As the markets continue to fluctuate, budget cuts and layoffs now extend across the tech industry, with cybersecurity no<\/span> exception<\/span> from tightening its belt and assessing its priorities.<\/span>\u00a0Investors are proceeding with caution and waiting to see a correction in valuations, while cybersecurity startups are examining their runway and long-term viability.<\/span><\/p>\n

The growing number and sophistication of <\/span>cyberattacks<\/span>, however, reinforce the need for heightened security awareness and innovation. Standing on the front lines of these challenges are the <\/span>chief information security officers<\/span>, security <\/span>practitioners and vendors working<\/span> tirelessly to revolutionize the industry. I recently had the opportunity to speak with five leading investors and enterprise security executives that shed an optimistic light on current challenges, viewing them as a necessary impetus for innovation. <\/span><\/p>\n

Will history repeat itself?<\/span><\/h3>\n

The stark dissonance between the highs of 2021 and what seems to be a cooled-off 2022 has some security professionals and chief executive concerned that this downturn will become the new reality, for the long term. However, industry veterans see things differently. Todd Weber, operating partner and chief technology officer<\/span>\u00a0at Ten Eleven Ventures, is confident in the market\u2019s resilience.<\/span><\/p>\n

\u201c<\/span>Our paradigm regarding 2022\u2019s downturns is skewed due to 2021\u2019s bonanza,\u201d Weber says. \u201cViewed statistically over the past 10 or 15 years, we see a healthy environment and industry that I am really not concerned for.<\/span><\/p>\n

Richard <\/span>Seewald, <\/span>f<\/span>ounder<\/span> and <\/span>m<\/span>anaging <\/span>p<\/span>artner of Evolution Equity Partners, adds that \u201cp<\/span>ost 9\/11, we saw cybersecurity funding decline sharply \u2014 as it does at the apex of every global crisis. The returns that were generated in the wake of that crisis, however, as well as those post-2008 and post-COVID, were the most attractive returns in cybersecurity private equity year on year.<\/span>\u2019\u201d<\/span><\/p>\n

The mix of bountiful opportunities and a limited number of top-of-the-line vendors in the early 2000s brought about the bronze age of cybersecurity, as Seewald called it, with the silver age dawning in the post-2008 crisis as cloud computing began its rapid\u00a0<\/span>rise and<\/span> helped establish the tech behemoths that are today iconic and <\/span>publicly owned<\/span>.<\/span><\/p>\n

\u201cGoing forward in this environment and over the next 10 years, we\u2019ll see the golden age of private investing in cybersecurity,\u201d<\/span>\u00a0he says. \u201c<\/span>With an increasing attack surface and the ability to address multiple vectors besides <\/span>cybersecurity, including blockchain, quantum computing and others, entrepreneurs will be presented with significant opportunities \u2014 as will investors.\u201d<\/span><\/p>\n<\/div>\n