Kategorien
Allgemein-en

Cyber ​​security companies
IT security companies
Startups
______________

Cyber security companies / IT security companies / startups

Norbert Pohlmann  (Institute for Internet Security)

The market leaders in the field of mass products, such as anti-malware, authentication solutions, firewalls, etc. in the field of cyber security come from the USA. The German cyber security industry is highly fragmented, but offers higher quality cyber security solutions such as encryption, PKIs, proactive cyber security systems (Trusted Computing, …), hardware security modules.

In the area of cyber security capacity in the form of cyber security experts in higher education, research and industry, Germany is at the top and has the ideal prerequisites to position itself more successfully in the area of cyber security.

Technological trends in the area of cyber security / IT security

Already today, sophisticated cyber security solutions and increasingly professional attackers face each other. With regard to the future, we will need more cyber security and the question arises as to which innovations are necessary, more effective cyber security solutions are needed to reduce the existing risks so that digitization can be implemented in a sustainable, secure and trustworthy manner. The following paradigm shifts are emerging and are particularly lucrative for startups:

Paradigm shift „cloud service versus local IT

A full cloudification, in contrast to the partial use of cloud services today, will prevail. The Corona crisis gave this development a special boost.

It is not a question of „whether in the cloud“, but only „when“ and in this process, cyber security solutions for the cloud play an important role for use, especially in Germany and Europe. The comparatively mediocre IT security level of today will become significantly higher in order to adequately protect the values of the company, the data.

Paradigm shift „proactive versus reactive cyber security solutions

With today’s reactive cyber security systems, such as anti-spam, anti-malware and intrusion detection systems, we run after the IT attacks. This means that when cyber security solutions detect an attack through an appropriate attack signature or an anomaly, they try to protect us as soon as possible to reduce the damage. However, the increasing diversity and complexity of our IT systems and IT infrastructures need significantly more reliable, robust and effective cyber security concepts. We need to move away from only reactive towards modern proactive cyber security systems that can prevent the execution of intelligent malware, one of the biggest problems at the moment. Such proactive cyber security systems work with a small security core (secure operating systems, trusted computing base) and virtualization, can make software measurable and, with strong isolation, separate applications with their data and thus offer sustainable and appropriate cyber security.

Paradigm shift „decentralized versus central cyber security“

Instead of complex central cyber security solutions such as PKIs, decentralized cyber security solutions are becoming increasingly important for automated, trustworthy collaboration between different companies. Blockchain technology provides “programmed trust” because all IT security properties are inherently integrated as security-by-design in blockchain technology. Blockchain technology creates a basis for distributed and trustworthy collaboration and has great potential for new business models and ecosystems. Blockchain technology is also an ideal field for startups.

Paradigm shift „object security versus perimeter security“

Perimeter security should e.g. Using firewall and VPN systems (IPSec encryption and Transport Layer Security (TLS) / Secure Socket Layer (SSL)) prevent strangers from the Internet from accessing your own company network and prevent the exchanged data from being read by others and can be manipulated. However, as more and more mobile devices use alternative communication channels, such as mobile networks and hotspots, to go past the central corporate firewall into the Internet, perimeter security is becoming less effective and less important. In object security and information flow control, the objects are assigned rights that define who can use them in which IT environment and how. The objects are thereby reliably secured over their entire life cycle.

Paradigm shift „data-driven versus event-driven security“

Today we mainly try to identify attacks via identifiable events. In the future, we will use artificial intelligence to extract security-relevant information from an increasing number of existing data that will help to ensure more cyber security. Data science with technologies of machine learning and artificial intelligence promises innovations in the detection of attacks, among many other important aspects such as authentication or threat intelligence in the area of cyber security.

Economic relevance of the cyber security industry

IT and the Internet are among the key components of our modern society and data is increasingly the capital of companies. Modern, secure and trustworthy cyber security solutions must ensure reliable and sustainable use. For this reason, the cyber security industry is becoming increasingly economically relevant. This makes the cyber security industry particularly attractive for founders and startups.

At p-venture we help you to found and build a successful cyber security company.

See also:

Cyber security industry as a very good market for founders and startups

Cyber security market, IT security market for founders and startups

Kategorien
Allgemein-en

Cyber ​​security industry
as a very good market
for founders and startups ______________

Cyber security industry as a very good market for founders and startups

Norbert Pohlmann  (Institut für Internet-Sicherheit)

In the course of several surveys on damage and cyber security technologies at companies, we also dealt with the question of how high the expenses for cyber security in companies are. The results of the surveys show that companies invest an average of 0.1% of their total sales in cyber security solutions, excluding services. With a gross domestic product of 3.44 trillion euros, that would be 3.4 billion for 2019 only in Germany. Global gross domestic product was $ 86.6 trillion in 2019. According to that, $ 86.6 billion would be spent on cyber security products in 2019, excluding services. But the number of employees in your own company who deal with cyber security should not be underestimated either. At the DAX companies, that is an average of 131 employees, also here approx. 0.1% of the total employees.

However, according to Credit Suisse forecasts, global spending on cyber security in 2017 was $ 135 billion and will be $ 202.4 billion in 2021. This means that the forecast growth is an average of 10% per year. This growth value is higher than the forecast for IT spending as a whole.

This means that spending on cyber security solutions will grow faster than total IT spending, which once again highlights the importance of cyber security. This makes the cyber security industry / IT security industry an ideal industry for startups to successfully establish and grow.

Europe as an engine for cyber security

Europe has invested a great deal of energy in IT security and data protection legislation in recent years. The General Data Protection Regulation (GDPR), the Regulation on Electronic Identification and Trust Services (eIDAS), the Cybersecurity Act and the Payment Services Directive (PSD2). Further regulations and guidelines are being planned. Even if the cyber security industry does not like regulations well, it will establish standards in Europe that will significantly strengthen the cyber security market in Europe and open up opportunities for the global cyber security industry.

The cyber security industry is an important economic factor with very high forecast growth rates and margins. For this reason, the cyber security industry is also ideal for founders and startups.

At p-venture we help you to found and build a successful cyber security company.

See also:

Cyber security companies / IT security companies / startups

Cyber security market, IT security market for founders and startups

Kategorien
Allgemein-en

Cyber ​​security market,
IT security market
for founders and startups ______________

Cyber security market, IT security market for founders and startups

Prof. Norbert Pohlmann (Institute for Internet Security)

Digitization (information technology (IT), the Internet) is the engine and basis for the well-being of our modern and global information and knowledge society. Digitalization opens up enormous growth opportunities across all industries and company sizes and leads to ever better processes that increase efficiency and reduce costs. The digitization process is accelerating at all levels and the value added share of IT in all products and solutions is getting bigger.

The risks of digitization are constantly increasing

However, we must also note that since IT started, cyber security problems are getting bigger and not getting smaller every year. An important finding is that today’s IT architectures for our end devices, servers, network components and central IT services are not designed and built securely enough to successfully counter attacks by intelligent hackers. The large number of local and central applications, the different accesses to the Internet, the mass of IT systems, etc. make the complexity of IT ever greater and thus the susceptibility to malicious attacks.

Every day we can see in the media how criminal hackers take advantage of the insufficient quality of the software for successful attacks by installing malware, stealing passwords and identities, influencing elections with fake news, spying on our end devices and encrypting the IT systems and ransom for blackmail the keys needed to unlock the key. The robustness and resilience of our IT systems is not sufficient and the level of cyber security does not correspond to the „state of the art“. With digitalization, the risk of damage is currently increasing!

If we cannot tackle these cyber security problems in the future with more effective cyber security solutions and thus build trust, sustainable digitization will not succeed.

Current and future damage

According to a Bitkom study, the damage in the area of industrial espionage in Germany is over 102 billion euros a year. States like Germany cannot afford this high amount of damage, especially because it is getting bigger and bigger. The vulnerability of IT and the Internet is increasing and values that are available as bits and bytes on our IT systems are becoming more and more risky for individual companies, citizens and the state.

Another and increasingly significant challenge is cyberwar. Attacks on critical infrastructures, such as energy, water, food, health care, represent a higher level of vulnerability in our society and form a new level of existential threat and therefore become the economic relevance of the cyber security industry and the need for innovative startups in the Enlarge the area of cyber security / IT security.

With Stuxnet we had to learn that political goals can be implemented easily and very successfully at a cost of around $ 9 million for intelligent malware. With the intelligent malware Stuxnet, the Americans and Israelis have been able to delay uranium processing in Iran by two years.

The terrible alternative to this political goal would have been to have several hundred thousand soldiers invaded Iran, which would not only cost billions of US dollars, but it would also have put human lives at risk. We have to professionally adapt to this new reality of Cyberwar and use significantly more and more effective cyber security solutions to protect ourselves as a society.

The cyber security market, IT security market is increasingly important for the necessary digitization and therefore particularly well suited for startups and founders who want to become particularly involved in digitization.

At p-venture we help you to found and build a successful cyber security company.

See also:
Cyber security industry as a very good market for founders and startups

Cyber security companies / IT security companies / startups