FinTech is booming. Last year it received a staggering $14.5 billion in venture funding – more than double the 2014 figure. And the UK is Europe’s unofficial capital. That’s good news all round. But that also puts this rapidly growing sector very clearly in the crosshairs of formidable assailants. As these firms race to offer a wider range of agile, cloud-based services to a whole new set of customers they begin to present an even greater target for the aforementioned assailants.
The Var Guy profiles Nathan Perdue, Vice President of Sales for North America at GuardiCore. Nathan has a long track record in tech sales, in both early and late stage VC-backed/start-up and Fortune 10 storage hardware and software companies. He’s built and led sales teams that target both end-users and work through the channel. As VP of Sales for GuardiCore, he’s responsible for setting the channel strategy that guides the company’s program.
Over the last decade, the modern data center has changed dramatically, raising a host of new security challenges. Having evolved into dynamic, complex environments with exceptionally high traffic rates, the typical enterprise data center has become increasingly hard to protect against advanced threats and malicious attacks from the outside. And while the number of external threats measure in the millions, attackers only need to succeed once to cause significant damage and loss. Simply put, there is a significant disconnect that exists between the tools we have to protect the data center, and the advancing rate of sophistication in terms of the threats we are facing. As such, a fundamentally new approach for securing the data center is required.
This is part 2 of a 4-part series examining data breaches, what they cost, why they are increasing in frequency, and what you can do about them.
In our August 23, 2016 post, we broke down the many costs of data breaches, both direct and indirect, that hit organizations in a variety of areas. Now, let’s look at one of the chief culprits driving up the cost of breaches: dwell time.