| Event Name: |
Cybersecurity Investment Trends
Website
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| Event Date: |
03/09/2022 |
| Event Time: |
1200 - 1300 |
| Event Organizer: |
Silicon Valley Chapter |
| Description: |
Cybercrime costed the world almost $1 trillion in 2020 as the
coronavirus pandemic provided new opportunities for hackers to
target consumers and businesses. Despite a surge in crime, many
companies lack a clear plan for dealing with cyberattacks. Gartner
predicts that annual global spending on cybersecurity will reach
$170 billion by 2022. Even with this ever increasing levels of
organizational spend on security related hardware, software and
services, cyber attacks continue unabated. The average total cost
of a data breach is $4.24m and dwell time is 287 days. In this
session we will look at venture capital investments and M&A trends
in security, innovative segments that are attracting investors, how
investors are evaluating security startups, recent exits and post
IPO performance |
| Event Subject: |
Cybersecurity, trends |
| Event Speaker: |
Ravi Mulugu is a Senior Investment Director at UL Ventures, the
venture arm of UL. He focuses on early-stage venture investments
related to Cybersecurity and Industrial Internet of Things. Before
joining UL, Ravi worked at Next47 (Siemens Venture Capital) where
he invested in growth stage startups in Smart Grid, Industrial IoT
and Analytics.
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| Event Category: |
Conference |
| Location: |
Web |
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