When legendary cybersecurity expert John McAfee announced that he was joining forces with MGT Capital Investments to build the next-generation industry leader in cybersecurity solutions, John McAfee Global Technologies, he also sounded the alarm on the inadequacies of current cybersecurity best-practices - that the methodologies employed today are reactive and that this model has been outpaced by the emerging threat surface.
But what does this really mean? What does it mean to individuals that have come to rely on computers to augment their lifestyle and for the industries that have done the same? What does it mean for a society that has opened Pandora’s Box and is now dependent on technology and unable to easily back off of that reality? And what does it mean for organizations that have poured billions into cybersecurity solutions, and yet are still hacked apparently at will?
Understanding the answers to these questions requires far more than a press conference or an FAQ document. In fact, the problem is so misunderstood by this point that grasping what is at stake and what MGT is working on will require a journey. We must understand where we’ve been and where we are headed before we can begin to comprehend what has changed. Only then can we visualize the types of solutions that must come next. We must also all become fully aware of what is at stake, and why cybersecurity is becoming so important.
Cybersecurity has grown up organically, mirroring the development of technology itself. Innovation has been driven not by central planning, but rather by the needs and whims of individuals, organizations and the marketplace. Organic growth is not a bad thing – quite the opposite – but it does require that we stop for the occasional deconstruction. We cannot allow the feverish quest to stay one step ahead of the bad guys distract us from noticing massive paradigm shifts on the battlefield.
This three part series will walk through some of the more prominent areas of that battlefield. It will require time to digest, and should by no means represent the sum total of the reader’s consideration on the subject. The topics covered in this series describe the world we are entering as we speak, and offer a glimpse of how we will need to adapt to survive in that world.
The journey begins now.
Avast, an anti-virus and enterprise security vendor, just announced that they’ve acquired AVG Anti-virus, a competitor, for a whopping $1.3 billion. One fact that is staggering about this is that the combined company, with an expected combined annual income of $700 million, still will not be the market leader. Even more staggering is the fact that if the people at Avast understood the realities facing the cyberworld today, they would not have wasted their money on acquiring an Anti-virus competitor. They would do what MGT is doing and invest time, money and energy in developing what comes next.