| | NOVEMBER 2021ENTERPRISE SECURITY8IN MY OPINIONIN MY OPINIONIN MY OPINIONIN MY OPINIONBuzz in the cyber space tends to be focused on shiny new tech that promises to provide a silver bullet. At Dawn, we see a gap for a new generation of cyber champions focused on using tech to supercharge security processes, not reinvent them.Today's world is a hacker's dream. With millions of employees across the globe working from home -- and outside of their companies' security systems -- the attack surface has substantially increased. The 600% year-on-year growth in cyber attacks on companies, government, and individuals has been serious enough for the UN to issue an official warning. So all eyes are turned to the next generation of security technology. Yet, while there are technological advances that look promising, we believe that the next cyber champion won't be the startup with the latest in artificial intelligence, but instead the business that truly fixes security processes.Most security software has functioned in the same way forever: scanning systems, identifying problems, and leaving the company to act on the information. The key difference these days lies in the technology used, with companies now employing machine learning to identify and flag anomalies.While these systems sound impressive, there are two key issues. The first is efficacy: once you've installed them, it's impossible to be sure whether they're actually working. If you get no security alerts, does that mean there are no problems, that the software isn't capturing those problems, or that it's capturing them but not alerting you? Much like refusing to walk under a ladder, IN 2021, THE LAST THING WE NEED IS ANOTHER SECURITY TECH HEROBy Henry Mason, VC Investor, Dawn CapitalHenry Mason
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