Kiawah Island, SC (PRWEB) May 02, 2013
Evidenced by the recent cancellation of the DOD’s annual Maryland conference, budget cuts and sequestration has hit the cyber security industry and is driving the government to source additional private public partnerships to support the vital investments in cyber security technology.
Numerous private equity, venture and hedge funds are targeting the space that many analysts are calling the most important technology sector since the advent of the internet, and the industry consensus is that investments in the right companies will continue to outperform the market. Additional capital is being targeted at the space from the large traditional A&D companies needing to pivot to replace revenues being lost to unheralded cuts in defense spending.
Other areas of the private sector are also stepping up to help ensure that America wins the Cyber Wars as the consequences of losing them would be staggering. For example, for its May 29-30, 2013 event at the Willard InterContinental Washington, "Investing in Cyber Security 2013”, The Southern States Business Coalition is providing complimentary registration for government employees, complimentary registration for cyber technology companies (if they book a 2 night stay at the hotel), and deeply discounted rates (including 2 nights stay at the hotel) for investment funds and plan sponsors.
“Whether within the private or public sectors, America cannot afford to lose the Cyber Wars,” stated Stuart Williams the managing member of SSBC. “We all need to play a part in defending America’s critical infrastructure, corporate advantage, financial markets, and defense systems, and this is one way we can contribute,” Williams went on to say.
The event has been set up to introduce cyber security companies looking for the capital they need to grow with potential investors, plus providing a platform for larger investors interested in PPP’s with the government, and/or mergers and acquisitions within the industry, to network with each other.
The speaking faculty includes industry experts such as: Nathan Lesser, Deputy Director, National Cybersecurity Center of Excellence, Mischel Kwon, President, Mischel Kwon and Associates, LLC, former VP Public Sector Security Solutions at RSA, the Security Division of EMC, former Director at US-CERT, and former Deputy CISO, former Director of the JSOC, and former Chief IT Security Technologist at USDOJ, Lt. Gen. Ken Minihan (USAF Ret.), former Director National Security Agency & Defense Intelligence Agency and currently Managing Director, Paladin Capital Group, Paul de Souza, Founder/Director/ President, The Cyber Security Forum Initiative (CSFI) - CWD (Cyber Warfare Division), Colonel (Ret) Marc Jamison, President, Cyber CheckMate Consultants, and Anne Korin, Co-Director, Institute for the Analysis of Global Security (IAGS), Jason S. McMillan, CISSP, President, Palo Technologies.
“We cannot let budget cuts and sequestration put America at risk”, Williams said, “and why wouldn’t the private sector want to step up if the kind of Alpha returns projected by the analysts are indeed correct?” To learn more about the event visit http://www.cyberarmsrace.com.