In an interview with ETtech, Samir Shah, CEO,Cyberinc, an Aurionpro Company & Branden Spikes, Technology Evangelist, Cyberinc sheds light on how they want to tackle cyber security with their isolation technology, how the technology was developed, the way ahead for Aurionpro as a cyber security player etc
Aurionpro has invested heavily around Cybersecurity in the last two years? Are you moving towards becoming a complete cyber security player?
Samir Shah: With Cyberinc, we try to address data loss, compliance risks, and governance and safeguard reputational risk emanating from malware attacks.
Also, with everything in India increasing pushing towards cashless, security becomes paramount for the customer as well for the user’s network. Unlike a lot of other new players in the cyber security market, our solution will depict and protect. We will leverage isolation technology across India.
Does your acquisition of Spike Security help in this journey?
Samir Shah: Yes, absolutely. Spike Security’s fundamental principle of isolation technology isolates all browsing activity outside the network and corporate firewall.
You may inadvertently end up on some bad malicious site or are driven by a phishing and you click on something and it takes you somewhere else. Our platform will create virtual sessions to destroy the phishing activity every time per request. So you have a VN created outside of the client network and firewall.
Also, this technology was earlier deployed at SpaceX where Branden worked for a long time. So the technology originated from there and then he took it to a startup business form after which we acquired them. We have customers in US and UK. Our mission is to take this space grade technology to the APAC market particularly in India. We want to target the banking and government sector with our technology.
We have 40-50 customers using this technology already between US and UK. The technology is being received very well in the government, banking sectors and amongst regulators. We are trying to work with various regulators. So this is definitely received well.
Cyberinc has about 300 people split between US, UK, Australia, Singapore, and India.
Branden, what made you made leave PayPal and join SpaceX before becoming an entrepreneur?
I was the CIO for Elon Musk’s SpaceX where we built robust IT systems. The turning point was the 10 years PayPal reunion held in 2010. In that party, I met many of my old Paypal friends who had successfully created their startups. That gave me the inspiration to start something of my own. This is how the concept of solving the biggest web security problem came into being.
Why cyber-security and not anything else?
Branden Spikes: It was IT security issues across the board that forced me to develop something. So around 2008 – 2009, I realized that cyber security problem is something which will impact any org across the world with the same amount of effect. Even during my time at SpaceX, cyber-security issues kept cropping up in the night. There were attacks from across the world on our system. These situations forced us to make SpaceX systems robust.
Detection based protection has failed and every day you will get a new type of attack.I wanted to give every engineer at SpaceX the unique experience of having access to the entire web and not worry about cyber attacks after our systems. I wanted them to have that access to the complete Internet the way it was intended to be used.
Why sell your startup when you were doing so good?
Branden Spikes: So Aurionpro and Spike Security had a common investor and we realized the partnership would help scale this technology to global markets. So it was pretty cool and I don’t think that either company was actively seeking such a thing but we had our friends in common who saw the opportunity.
Didn’t it kill the entrepreneur inside you?
Branden Spikes: I think my company could move at a much faster pace than I as an individual did. And this means that sometimes the entrepreneur has to really push control of his own hands.
With all your experience in cyber attacks space, do you think rumors about North Korea being experts in cyber attacks are true?
Branden Spikes: I still don’t think they have the skill to pull it off.