ì  Cybersecurity  Trends  &  Opportunites  By  Ed  Valdez,  CSO  of  Ecotech  Ventures  

1  ©  2015  Ed  Valdez     August  5,  2015  

ì  Ed  Valdez  Brief  Bio  

2  ©  2015  Ed  Valdez   August  5,  2015  

Quiz:  What  City  is  This?  

3  ©  2015  Ed  Valdez   August  5,  2015  Image:  Ed  Valdez  (Aug.,  2015)  

Where  are  the  Cybersecurity  Threats?  

4  ©  2015  Ed  Valdez   August  5,  2015  

Source:  Forbes  (Aug.,  2015)  

3  Pillars  of  Cybersecurity  

5  

Source:  IT  Governance  (UK)  

©  2015  Ed  Valdez   August  5,  2015  

U.S.  Government  Update  1  

6  ©  2015  Ed  Valdez   August  5,  2015  Source:  Nextgov  (Aug.,  2015)  

U.S.  Government  Update  2  

7  ©  2015  Ed  Valdez   August  5,  2015  Source:  Nextgov  (Aug.,  2015)  

Key  Questions  for  Financial  Institutions  

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Key  Ques0ons  Directors  Must  Ask  Cybersecurity  Chiefs  •  What  was  our  most  significant  cybersecurity  incident  in  the  past  quarter?    

 What  was  our  response?  •  What  was  our  most  significant  near  miss?  How  was  it  discovered?  •  How  is  the  performance  of  the  security  team  evaluated?  •  Do  you  have  relaWonships  with  law  enforcement,  such  as  the  FBI  and  Interpol?  •  Do  you  work  with  business  leaders  on  due  diligence  of  acquisiWon  targets?    

 With  supply  chain  leaders  on  security  protocols  of  vendors  and  other  partners?  •  What  process  is  in  place  to  ensure  you  can  escalate  serious  issues  and  provide  prompt,    

 full  disclosure  of  cybersecurity  deficiencies?  (Source:  NaWonal  AssociaWon  of  Corporate  Directors)  

©  2015  Ed  Valdez   August  5,  2015  

What  Can  We  Learn  from  Retail?  

9  ©  2015  Ed  Valdez   August  5,  2015  Source:  Security  Intel.  (Aug.,  2015)  

Automotive  Hacking  

10  ©  2015  Ed  Valdez   August  5,  2015  Source:  Wired  (Aug.,  2015)  

IT  Disruption  

11  ©  2015  Ed  Valdez   August  5,  2015  

Mobile  Devices  Everywhere  

12  ©  2015  Ed  Valdez   August  5,  2015  

Mobile  Internet  Trends  

13  ©  2015  Ed  Valdez   August  5,  2015  Source:  KPCB  (May,  2015)  

Why  China’s  Influence  Matters  

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Investment  Requirements  •  Easy-­‐to-­‐follow  story  with              simple  dialog  that  translates  well  •  No  poliWcal  messages  •  InternaWonal  venue  with            grand  cinematography    

©  2015  Ed  Valdez   August  5,  2015  Image:  Paramount  Pictures  (August,  2015)  

China’s  Proposed  Cybersecurity  Law  

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Proposed  Changes    •  Require  companies  to  censor    

and  restrict  online  anonymity;  •  Require  companies  to  store  user  data  in  China;  •  Require  companies  to  monitor  and  report    

to  the  government  undefined    “network  security  incidents”    

©  2015  Ed  Valdez   August  5,  2015  Source:  Reuters  (July,  2015)  

6  Trends  in  Cybersecurity  Breaches  

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•  Insider  Misuse  =  Significant  Cause  of  Breaches  (20%)  •  Mobile  Devices  Used  to  Harvest  Data  (Adware  now  in  410,000  apps)  •  Mobile  Device  Management  can  Prevent  Breaches  (22%  involve  stolen  devices)  •  Human  Focus  is  CriWcal:  4  out  of  5  companies  don’t  update  Breach  protocols  •  Security  Skills  are  lacking  in  Enterprise  Security  (30%  cite  criWcal  shortage)  •  Disclosures  from  Outside  Sources:  69%  of  Breaches  are  noWfied  by  outside  agency                (Not  users)  

©  2015  Ed  Valdez   August  5,  2015  Source:  KPCB  (May,  2015)  

Investments  &  Acquisitions  

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1H  2015  Acquisi0ons  •  Cisco  Acquires  OpenDNS  •  Microsoh  acquires  Adallom  •  Baidu  acquires  Anquanbao  •  AVG  Technologies  acquires  Privax  •  CounterTack  acquires  ManTech  Cyber  SoluWons  •  Cypher  Cloud  acquires  Anicut  Systems    And  many  more….      

©  2015  Ed  Valdez   August  5,  2015  

Call  to  Action  

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•  IdenWfy  the  next  best  Industry  OpportuniWes  •  Get  back  to  the  basics:  Government  agency  opportuniWes  •  How  do  we  expand  internaWonally?  What  is  the  best  Wming?  •  What’s  the  Value  of  our  Team?  •  How  do  we  idenWfy  mulWpliers  to  the  business?  

©  2015  Ed  Valdez   August  5,  2015  

Thank  you  

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Ed  Valdez  Ecotech  Ventures  ecotechventures@gmail.com  Twiker:  @edvaldez8888  Samsung  3.0:  Talent,  Technology  and  Timing  

©  2015  Ed  Valdez   August  5,  2015  

Note:  All  trademarks  or  registered  trademarks  are  the  property  of  their  respecWve  owners.