Squaring the Circle of Cyber Resiliency
Silicon Mountains is the expression of nine years of academic and on ground research and discovery in the encryption and cyber security industry. Along the way, our team of world class security and data visualization experts, IT consultants, investment bankers and lawyers have analyzed and tested the vulnerabilities and needs of a state-of-the-art cyber security system for complex institutional IT infrastructures.
What our research shows and what institutions know from day to day practical experience is that effective cyber security management must be a multi-disciplinary endeavor that few, if any, institutions have the resources or expertise to confront on their own. This fact creates a dilemma for senior management.
There are three major issues to solve, which all together are extremely complex; it is not be enough to solve only some of them and they must be solved in unison:
- Actual content of protecting all aspects of the institution’s delivery system – client specific personal and financial information, critical infrastructure components, basic operating/business infrastructure, research initiatives and in an environment where most institutions are a low hanging target. This means, finding a technical solution to protect in both the short and long term;
- Solving the human resources problem of legacy staffing and structure, cyber resources and seasoned IT management given pay, geographical and institutional mandates; and,
- Solving the financing riddle; since 1) and 2) are extreme budget drivers and the budget demand will only increase in an environment where IT and cyber security are significant cost centers that are viewed as not directly contributing to an institution’s mission.
What senior management knows is that, 3) is in contradiction to 1) and 2) – since the budget will shrink or be constant – where 1) and 2) will demand more budget resources. Also, 2) is in contradiction to 1) – since protection will require skilled above market personnel.
Add to all of this, management has, 4) the speed of markets which include general technology development that need to keep pace with threats and the sophistication of attackers. Soon, maybe very soon, the “slower animals” will be hit by ever improving attackers, since attackers are more and more economically driven. They attack the weakest.
Which implies 5) – an ever-increasing demand for regulations. Since regulators always behave the same way. If they see risks in a system, they increase regulation in order to lift the bar – to get the weaker players out of the market and force them to consolidate – and to avoid mistakes. Thus, regulations and their corresponding administrative mandates always trail market reality – it is simply a matter of how much.
Silicon Mountains is designed to square this never-ending circle. The management team is comprised of the senior partners of each of its equity investors who, in turn, bring all the resources of their respective firms to the equation.