When I started GRIMM, I had a vision to tackle the greatest cybersecurity challenges that face our clients, industry and the greater business and government communities. Two and a half years ago, one of those challenges was brought to the company because of our reputation. A Fortune 50 company had been breached and suffered significant damages. As a result, the IT Security team was given a significantly increased budget which they used to hire incredible talent and have their choice of any assessment/penetration testing software available.
Earlier today we announced that we raised $3 million in an initial funding round led by the co-founder of Tenable, Ron Gula of Gula Tech Adventures. This investment will help accelerate our ability to deliver our attack simulation platform and drive new product development. We’ve planned a roadmap of new features and innovations that will disrupt the cybersecurity industry. We’re providing organizations the ability to get ahead of threats with real metrics and tangible examples of attacks and compromises.
A summary of wisdom from years of learning the hard way. Excerpted from a keynote I gave at Rochester Institute of Technology to the RC3 Security Club.
The void in the cybersecurity workforce is compounding the level of risk faced by enterprises. The global shortage of skilled security workers could reach 1.8 million in the next five years according to the Center for Cyber Safety and Education. Contrast this with plans to boost security teams hiring by at least 15 percent in the same time frame - the numbers don’t add up. This is exacerbated by the increasing volume, variety and veracity of widespread cyberattacks like WannaCry, NotPetya, Locky, and other blockbuster ransomware.
When I started GRIMM, I had a vision to tackle the greatest cybersecurity challenges that face our clients, industry and the greater business and government communities. Five years later, we have grown into a dynamic and passionate team who strives to make a better, more secure world through the independent research and the services we provide to clients. GRIMM takes deep pride in its dedication to education, innovation and technical problem solving.
Last night, GRIMM attended the 3rd Annual DC Timmy Awards. The Timmy Awards recognize and celebrate the technology work culture that actively promote creativity, innovation, and learning in the DC area. GRIMM was named a finalist leading into the event and we’re thrilled to have been ultimately recognized as the First Runner-Up for Best Tech Work Culture! The evening was filled with energy and camaraderie as companies across the region came together to celebrate the innovative leadership embodied by the greater DC tech community.
Within the context of historical cyber breaches, this can be classified as a massive attack: Equifax, one of the “big three” credit-rating agencies, announced earlier this month thathackers gained access to the Social Security numbers, credit card data, driver’s licenses, home addresses and other personally identifiable information (PII) of up to 143 million Americans. Some two-dozen class-action lawsuits (and counting?) followed, along with stinging criticism from consumer groups and congressional leaders.