Cybersecurity is on top of mind for businesses and that is attracting M&A. That is one of the reasons why Crosspoint Capital Partners invested in the RSA conference. Crosspoint’s Hugh Thompson tells us more about the event and its impact on the cybersecurity industry.
“Today, it is hard to find a daily news update or a boardroom discussion that does not have a cyber component to it,” Thompson says. “We believe there is profound value in this event, the mission of cybersecurity education and engagement, and in growing the cybersecurity community. We believe the RSA conference platform can be much more than a conference.”
Between remote work and digital transformation, there are more opportunities for cyberattacks, and the concern for digital security has never been higher. The combination is creating demand for cybersecurity providers which is driving deal activity such as Google’s acquisition of Mandiant.
“The industry is growing rapidly and the topic of cybersecurity is at or near the top of the agenda at boards of directors meetings across all verticals and geographies,” adds Thompson. “The natural growth of cybersecurity lends itself to the need for a place where education, innovation and knowledge are shared.”
Are you a cybersecurity professional and have you attended the RSA conference? Tell me your thoughts about it and M&A in the sector. I can be reached at: [email protected].
– Demitri Diakantonis