https://www.csoonline.com/article/3311017/security/7-best-practices-for-working-with-cybersecurity-startups.html
By Maria Korolov
Contributing Writer
CSO
OCT 9, 2018
Cybersecurity startups, not weighed down by legacy platforms, can be more
nimble and innovative than their more established competitors, and can
often offer more personalized service at a more attractive price. Atiq
Raza has seen this from both sides. Today, he's the CEO of Silicon Valley
cybersecurity startup Virsec Systems, but he's also worked for large
companies, including a stint as the president of AMD.
"I have managed major organizations with hundreds of key vendors," he
says. "For some functions you want conservative, well established vendors
with a long track record of doing one thing very well. But for many
functions, including security, you also need the latest, most effective
and most innovative solutions – typically from younger companies."
"There are inherent risks to working with smaller innovators, but for the
right pieces, smart organizations recognize the benefits," he says.
That includes flexibility, speed, creativity and ability to innovate, he
says. "By not being locked into a fixed mindset or methodology, and not
being tied down by existing technology, they have the freedom to be
disruptive, challenge assumptions, and create the first generation of
game-changing technology. This is why startups routinely beat established
companies in driving new markets.”
The risks of using startups is significant, however. The startup might go
out of business or be bought and their technology shut down. Worse, due to
inexperience and lack of adequate controls, a startup might make mistakes
that could compromise their customers' security instead of improving it.
[...]
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