If you were a betting man, where would you invest your money? Venture capitalists, professional gamblers, are throwing heaps of cash at cyber security companies. The Sony hacking scandal serves as a reminder that we’re just one well placed virus away from a digital 9/11. Cloud security is only a small aspect of cyber security. Although overall venture capital investment remains small as compared to the software investment industry, the rate of growth in cyber security outpaced the software industry.
So what can we take from this? Our infrastructure has massive holes in it. Either there are some excellent salesman convincing our investing class that we have problems, or there are some real issues with corporate cyber security. And what’s at stake here? Well, your medical records are increasingly stored in digital formats. As well as all of your financial records. To say nothing of your Internet browsing history. In a word, everything. Everything is at stake here.