Time to Fight Back Against the Bad Guys Winning the Cybersecurity War
Valgard Investments, a Canadian Venture Capital firm believes there has never been a better time to invest in cybersecurity startups as security breaches seem to constantly be in the news
Toronto, Ontario, August 26, 2015 (Newswire.com) - Valgard’s senior analyst stated that “the coming year will be a crucial time for the sector with exceptionally innovative companies leading the way”.
More and more often the news is reporting on a company that we know being hacked with the hackers getting more sophisticated in their attacks. They’re often very well-funded, even state funded. They are armed with sophisticated tools that more often than not have the capability to eclipse the capabilities of some of the more well-funded institutions around the world, including banks. Valgard’s senior analyst believes “most companies are still behind the bad boys in terms of innovation,” therefore there’s an exceptional opportunity to invest in the cybersecurity market as it has huge growth potential. Valgard is looking to invest heavily over the next few years in cybersecurity and is currently in discussions with several innovators that believe they are developing the technology to disrupt and become leading players in their sector.
There are two main reasons that this market is so unbelievably huge and why Valgard is so keen to find the right company or companies to partner. There is a major lack of top talent which makes finding the right companies even harder. The world is dependent on highly qualified people that are able to deal with defending the business, defending nations and defending individual’s privacy, they are few and far between the search will forever continue for Valgard Investments and companies like them.
There is another reason VC’s are so keen to get more involved and that’s because there are so many solutions being used which is because hacks and security breaches are occurring more often. Therefore, for all these solutions to be integrated into one package the costs are going to be very high.
Whoever creates a product that makes it so you don’t require highly specialized individuals to deploy the solutions will make a lot of money. Imagine a cloud solution or a managed package that can integrate all the solutions, this company could well control the market.