Why The Chainsmokers Invest in—and Party With—Niche Cybersecurity Companies

  • 📰 WIRED
  • ⏱ Reading Time:
  • 61 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Musician Alex Pall spoke with WIRED about his VC firm, the importance of raising cybersecurity awareness in a rapidly digitizing world, and his surprise that hackers know how to go hard.

Do you feel like you're raising awareness for other investors that security and privacy issues impact everyone's lives and everyone's work?

You can easily invest in one really terrible cybersecurity company and say, 'We've made a huge mistake getting into this space.' So I think it's always been the strategy for us to be a part of the best businesses even if it's not the most exciting work to the average person when you read it on paper. And hopefully, we de-risk it a bit for others by investing in people who are far more experienced than us.

Our phones aren't always as secure as people think, especially for people like journalists, and politicians. Mobile device management is obviously a big issue, but there are lots of important people and organizations that probably don't focus enough on it. So it's critical that iVerify is a really powerful but also simple solution.

There's a lot of pressure on them. Not only do they have to make sure that everything's secure and safe and people are following the guidelines set by an organization, but the pace at which innovation is happening and you're adopting new technologies and bringing new software in—it's a lot of work while still keeping all the customers happy and hoping that the machine doesn't break down.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 555. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Council Post: Why Companies Should Invest In Tech Even Amid Economic HardshipIt can be challenging to decide to make investments when the market is slow, but it is essential to keep a forward-thinking mindset to prepare for the struggles to end.
Source: ForbesTech - 🏆 318. / 59 Read more »

CNBC Daily Open: When yields are this high, why buy stocks?Why should traders invest in stocks that may not return as much, or just slightly more, when there’s an asset class that guarantees a 4% return?
Source: nbcchicago - 🏆 545. / 51 Read more »