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These Mumbai teenagers made Rs 4.5 lakh in a year with their customised gifting startup | #socialmedia | #children | #parenting | #parenting | #kids

Source: National Cyber Security – Produced By Gregory Evans

These Mumbai teenagers made Rs 4.5 lakh in a year with their customised gifting startup | #socialmedia | #children | Parent Security Online ✕ VIEW […]

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#cybersecurity | Cybersecurity Startup Uses AI To Automate Screening Process

Source: National Cyber Security – Produced By Gregory Evans

Greg Martin is on his third cybersecurity startup, the second time as a founder, and he has raised $39 million to date for his latest company, JASK, launched in 2015. 

“It’s been a long, interesting journey, and a bit of an unusual one,” Martin said.

Martin’s big idea for JASK was to automate much of the security screening process, right up until it’s important to get human beings involved.

“What happened over the past 10 years is security got overloaded with the amount of data and intelligence,” Martin said. “They can’t handle it any more. Cybersecurity is no longer human scalable.”

On average, companies are getting 1,500 to 3,000 cyberthreat alerts every 24 hours, according to Martin.

“Clearly that’s a lot for people to have to evaluate,” Martin said. “We don’t have enough people to do that job, and even if we did you have to question whether that’s the right use of our people.”

What if we had a machine that could look at those alerts like a cybersecurity analyst would and only flag the highest risk, most interesting ones before getting a human involved? That’s what Martin and his co-founder Damian Miller did.

Major investors have reacted very favorably to JASK. The latest raise of $25 million in June 2018 included investments from Kleiner Perkins, an early investor in Amazon.com, and Dell Technologies Capital. Martin is lining up another round of investment for next spring, but declined to give any details.

JASK is short for “Just Ask,” in case you were wondering, the blending of the two words, which is technically called a “portmanteau,” as Martin points out.

Martin, 37, was a teenage hacker in Waxahachie, a tiny Texas town outside of Dallas. Waxahachie, he says, is a “most uninteresting place.”

Martin’s mother and father were from Los Angeles and New York City respectively, but landed in Waxahachie because the federal government was building a super collider there to smash atoms together for research, and recruited Martin’s father, a scientist, for the project.

“There was a real estate boom with scientists moving there from all over the world,” Martin said. “The government canned the project and (my dad) got stuck there. I got stuck there.”

“I taught myself how to program all the hacking stuff,” Martin said. “I barely graduated high school because I was so deep into this stuff. I was on my own trajectory. I did a little college, but back then they didn’t have courses for computer security or hacking.”

Martin’s trajectory eventually landed him at NASA in his early 20s, having become the FBI’s go-to hacker in the Dallas area when there was something they needed to know about hacking. He even piqued the interest of the National Security Agency.

Martin also started talking to a cybersecurity startup in Cupertino, California, called Arcsight. He had a choice to make.

“I was of two minds,” Martin said. “I had worked with the government before and it was a mixed experience. A lot of times these guys stumble on their own feet and don’t actually get the bad guy.”

Martin also considered himself a bit of a rebel, and didn’t know if he could stomach working for “the man,” full-time. He chose Arcsight.

“Arcsight was an incredible company to join,” Martin said. “They sold software to the organizations I had just interviewed with, and they were very big in the intelligence community and corporate America.”

Martin started JASK in San Francisco, but relocated to Austin midway through 2017.

“The Bay Area has become completely untenable to hire quality talent,” Martin said. “The competitiveness hiring engineers, it’s absolutely crazy.”

Settled into Austin, a technology Mecca in its own right, Martin is pleased with how his third cybersecurity startup is growing. The company already has just under 100 employees. He’s also proud of the innovative approach JASK is taking to cybersecurity.

“We’re under attack and we’re losing every day,” Martin said of the cybersecurity world. “Sometimes you got to simplify things and get people to understand it to move the needle forward.”

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Former tech adviser to Bill Gates raises $2M for cybersecurity startup that discourages hackers

Source: National Cyber Security – Produced By Gregory Evans

Former tech adviser to Bill Gates raises $2M for cybersecurity startup that discourages hackers

Cybersecurity company Polyverse has raised $2 million in a new round of funding to continue building out its “moving target defense” platform. What is moving target defense, you ask? Polyverse CEO Alex Gounares, who previously served as CTO of AOL, corporate vice president at Microsoft and technology advisor to Bill Gates, explains it well. It can be related to, of …

The post Former tech adviser to Bill Gates raises $2M for cybersecurity startup that discourages hackers appeared first on National Cyber Security Ventures.

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Israeli Cybersecurity Startup Morphisec Expands Operations to U.S. with Boston Office

Source: National Cyber Security – Produced By Gregory Evans

Israeli Cybersecurity Startup Morphisec Expands Operations to U.S. with Boston Office

Morphisec, leading developer of Moving Target Defense (MTD) cybersecurity products, today announces rapid global expansion including the opening of its U.S. operations located in Boston. Born out of Ben-Gurion University and the JVP Cyber Labs in Be’er Sheva, Israel, Morphisec

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Melbourne cybersecurity startup ResponSight raises $1.15 million in seed funding

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Source: National Cyber Security – Produced By Gregory Evans

Melbourne cybersecurity startup ResponSight raises $1.15 million in seed funding

Melbourne cybersecurity startup ResponSight has raised $1.15 million in a seed funding led by Carthona Capital, with follow on investment from Black Sheep Capital. The startup is responsible for providing risk solutions to large enterprises through reporting and analysing security

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Security Startup Grabs $22M To Safeguard Corporate Email

email_envelopeThe Business Email Compromise is now a top concern for the enterprise and security providers alike, especially since regulators have released warnings against the crime. One startup wants to safeguard corporate email and has just received new venture capital to move forward with its efforts. Agari announced on Tuesday (May 24) that it completed a […] View full post on AmIHackerProof.com | Can You Be Hacked?

This fintech startup has a solution to credit card fraud

Source: National Cyber Security – Produced By Gregory Evans

This fintech startup has a solution to credit card fraud

Scramcard, a startup founded by former Westpac chief security officer Simon Hewitt, wants to solve credit card fraud – with something that looks like a credit card. Credit and debit card fraud cost banks and businesses over $16.31 billion globally last year. Banks absorbed 62% of the losses and merchants the other 38%. As payment fraud becomes more sophisticated, annual worldwide losses are projected to top $35.5 billion per year by 2020, with total losses amounting to $183.29 billion from 2015–2020, according to a recent Nilson Report. Scramcard’s answer is a credit card with a keypad on it. Instead of carrying around your cards and putting them into possibly infected terminals, you connect them to your Scramcard account and use that instead. Source: http://www.businessinsider.com.au/this-fintech-startup-has-a-solution-to-credit-card-fraud-2015-12

For more information go to http://www.NationalCyberSecurity.com, http://www. GregoryDEvans.com, http://www.LocatePC.net or http://AmIHackerProof.com

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Native startup lands look on ABC’s ‘Shark Tank’ season premiere

Source: National Cyber Security – Produced By Gregory Evans

Central Florida entrepreneur Chris Gilpin nonetheless pinches himself when he thinks about subsequent Friday’s episode of ABC’s Shark Tank. Gilpin, 34, of DeBary, was chosen from about 30,000 unique candidates to be on nationwide TV pitching his product for this season. He managed to get on the season premiere, set for 9 p.m. on Sept. 25, which can embrace particular visitor shark Ashton Kutcher. “Once I received the decision that I used to be going to pitch to Ashton Kutcher and the others, it was past pleasure. I used to be euphoric. It was like the most important second for the corporate thus far,” Gilpin stated. “After which the e-mail arrived that I truly made the ultimate minimize to be on air. Typically I cease and ask myself, is that this actually occurring to me?” Gilpin’s firm, SignalVault, has a patent pending on a plastic and metallic card, or gadget, that goes in your pockets, and is designed to dam hackers from scanning digital chips embedded in at this time’s bank cards. Such bank cards, generally known as EMV playing cards, are purported to be an enchancment over older bank cards, however they’ve they are often scanned remotely with the […]

For more information go to http://www.NationalCyberSecurity.com, http://www. GregoryDEvans.com, http://www.LocatePC.net or http://AmIHackerProof.com

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Fraud-Fighting Credit Card Startup Final Raises $1M In Seed Money

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Source: National Cyber Security – Produced By Gregory Evans

This October, the United States will hopefully be fully converted to EMV card security, a system designed to combat fraud and identity theft, which has hit major chains like Target as of the last few years. A group of people who were victims of that data breach responded to the problem by forming a startup that would offer EMV credit cards with multiple different numbers so they wouldn’t be as prone to fraud. The company is called Final, and on Jan. 27 it announced that they received $1 million in seed money from angel investors, with a 2015 release date planned for their credit card, according to TechCrunch. Final was founded over a year ago by a collection of professionals from the IT and mobile payment communities, as well as a variety of startups. Having been victims of the Target data breach of 2013, which saw their credit cards abruptly shut off, they banded together to try and create a better credit card that wasn’t as prone to fraud, but also created better interactions between consumers, merchants, and financial partners. The product they came up with is an EMV credit card that can generate multiple numbers at the consumer’s request, with […]

For more information go to http://www.NationalCyberSecurity.com, http://www. GregoryDEvans.com, http://www.LocatePC.net or http://AmIHackerProof.com

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