Is France the Promised Land for cyber security start-ups?

Today, cyber security has become a major stake for the world of tomorrow. The protection of personal data as well as the defence against cyber-attacks targeting businesses became top priorities. And everyone, from the most humble of individuals to the most powerful government, is concerned. Faced with a dizzyingly fast evolving threat, innovation has become a prerequisite.

Whilst countries such as the United States or Israel are known to be dominant in cyber security, France is becoming pivotal to the sector thanks to a focus on breeding agile start-ups.

A dynamic sector 

France currently has more than 110 start-ups or SMBs specialised in cyber security, which equals a little over 1,000 jobs. While these numbers seem a little low at first sight they are constantly increasingly, and the size of the market will probably more than double in the years to come.

Of these, around 60% entered the market to further develop existing types of cyber security technology such as network security or identity management. The rest are pushing beyond into new sectors and either creating new cyber security solutions or securing new technological uses for cyber security.

These start-ups and SMBs are not afraid of market consolidation. Despite strong competition in the cyber security sector, new entities are created each year, and we are seeing lots of new innovative solutions in the field of application security (Sqreen) or industrial systems (Yagaan, Sentryo and Seclab in particular). France is also very well positioned in the field of reverse engineering or cryptography with companies such as Cryptosense calling France home in part thanks to the French School of Mathematics, which allows start-ups and SMBs to have access to leading experts.

A favourable environment

In France, people have also taken full measure of the importance of cyber security, with numerous events that highlight and support innovative start-ups.

For example Assises de la Sécurité, which has become world renowned, has its own Innovation Award, for innovative SMEs and there is also the promiment innovation competition organised by Société Générale and Wavestone. These events also serve as matchmakers between start-ups and their investors which are mostly public and private players from the defence sector.

Les Assises de la Securite

In addition several government programmes, sponsored by the ANSSI, exist to support start-ups, such as the “Programme Investissement d’Avenir“, which invests €22 billion euros in research, the Cyber Defence Pact and the Young Innovative Company status which reduces R&D costs, social security contributions and corporate tax. Numerous other associations are present in France in the field of cyber security, such as the Alliance for Digital Trust, Tech in France and Hexatrust. To tie all of this together, there is the “France Cyber Security” label, created to promote national cyber security solutions in France and abroad and increase their visibility and use.

Thanks to all these aids and initiatives, cyber security start-ups are doing well in France. But there is still a lot more to do.

Exploiting its full potential

However, whilst France has 228 national incubators and about fifty start-up accelerators, none are explicitly dedicated to cyber security. This is a weakness that must be corrected as soon as possible, especially since some aspects of cyber security, such as “deception” (providing false information to an attacker to slow him down) are still relatively ignored in France, whereas Israel and the rest of Europe have made it one of their priorities.

Similarly, French start-ups are only located around a few cities: Paris, Lyon and Rennes for the most part, the rest being scattered in the south of France. It still lacks a real area dedicated to the field of cyber security, such as the UK’s cyber security hub in Cheltenham.

But for France, to distinguish itself at the global level, it is not the number of start-ups, but the export of these companies abroad that counts. Some, like Tetrane and Quarkslab, are already internationally recognised. Qualys and Linkurious are also two examples of start-ups that have been able to export themselves well. However, it is more of an exception than a rule. Many others have identified the same problem, an inability to communicate effectively. French start-ups are far from the level of their international competitors in marketing, and struggle to sell their ideas.

Improving the international transition, diversifying into all aspects of cyber security and creating an area dedicated to this field are some of the vital points for improving the efficiency of French start-ups. France is fortunate to have a pool of dynamic young bosses, a true culture of innovation and real support, from the authorities as well as the media, companies and industry. There is truly a card to play – it just needs to be played well.

Why Your Cybersecurity Should Get Physical for National Clean Out Your Computer Day

This week sees the 18th National Clean Out Your Computer Day, and while It may feel like awareness days are popping up everywhere, this is an important one to take notice of, especially if you value keeping your personal data private. After all, to a criminal your personal or work computer can be a gold mine. If a stranger were to get access to your PC, it is possible that they may even learn enough to steal your identity.

Most of the advice given around Clean Out Your Computer Day concerns a modern type of cleaning – however what is more important than a dust cloth and anti-bacterial screen wipes, is having a decent knowledge of data sanitisation. This includes how to clear your browser and download history, turn off the ‘remember me’ setting for your regular passwords and run anti-virus software to make sure your computer is free from malware.

Clean Out Your Computer Day

Continue reading “Why Your Cybersecurity Should Get Physical for National Clean Out Your Computer Day”

Cyber Security and Social Media – Not Just a Risk for Individuals but for the Companies Where They Work

It’s long been known that social networks are viewed by cybercriminals as rich hunting grounds. Using social engineering techniques, they can obtain information through posts and images from social media profiles to launch targeted phishing attacks. Counterfeiters are also using increasingly sophisticated methods to dupe consumers into purchasing fake goods through social media. Panda Security recently warned of a new online scam propagating through Instagram’s advertising platform, where discounts of up to 70% on leading clothing brands are targeted at users who through their profile are most likely to ‘bite the hook’.

social media security strategy

Continue reading “Cyber Security and Social Media – Not Just a Risk for Individuals but for the Companies Where They Work”

A Monaco, les Assises de la sécurité grandissent et s’exportent

 Les Assises de la Securite

Pour sa 17 ème édition, les Assises de la sécurité, un évènement dédié à la sécurité de l’information, ont rencontré un succès inédit, que ce soit en termes de fréquentation ou de couverture médiatique.  Une amélioration due à l’intérêt croissant des entreprises françaises et mondiales pour la cybersécurité, au point que le salon s’exportera à Londres pour 2018. Retour.

C’est en tout début d’octobre, en plein mois européen de la cybersécurité, que se déroulaient les Assises de la sécurité. Organisées tous les ans à Monaco, ces dernières regroupent les meilleurs experts des SSI et proposent des conférences plénières, débats, ateliers, tables-rondes et autres espaces de rencontre dédiés aux éditeurs, constructeurs, opérateurs, sociétés de services et représentants d’entreprises.

Continue reading “A Monaco, les Assises de la sécurité grandissent et s’exportent”

Your Customers Feel Safe – Remember This If You’re Selling Security Solutions in Poland

Poles feel safe; this is evident in recent research by CBOS which shows that 89% of the population declares Poland is a safe country and 95% claim their neighbourhoods are inviolable and free from danger. On top of this 60% of respondents said they were not afraid of being a victim of any kind of offence and only 14 percent states they have been a victim of theft over the past 5 years. Isn’t this idyllic? Yes; but it arguably leaves many Poles a little credulous, especially when faced by cybercrime.

Poland CybercrimePoland Cybercrime

Continue reading “Your Customers Feel Safe – Remember This If You’re Selling Security Solutions in Poland”

Industry 4.0 – The Fourth Industrial Revolution That Will Herald A New Era in Cyber Security

Seven years ago, in a flurry of news headlines reminiscent of the recent WannaCry and NotPetya global ransomware attacks, reports came out about Stuxnet, a malware that targets Programmable Logic Controllers (PLCs) used in the automation of industrial machinery and processes. As the Iranians discovered at the time, this included nuclear centrifuges.

Despite infecting 200,000 computers worldwide and causing 1,000 machines in Iran’s Natanz nuclear facilities to shake themselves to pieces, it wasn’t long before it was largely forgotten about by the mainstream media. This may well have been because back in 2010 the concept of Industry 4.0 was still in its infancy and nowhere near as widely known as it is today.

Continue reading “Industry 4.0 – The Fourth Industrial Revolution That Will Herald A New Era in Cyber Security”

What can PR managers learn from NotPetya?

We’ve heard a lot about cyberattacks lately, with news about incidents travelling far, wide and fast. That’s hardly remarkable, given that attacks can cause highly sensitive information to become public, personal information can be  stolen and entire companies can be shut down whilst cybercriminals wait for a ransom to be paid. In short, the economic and social impact is high. Recently, NotPetya dominated the news with both the Maersk terminal in the Port of Rotterdam and TNT post being hit. Using both online and offline media monitoring we found that there were more than six thousands articles and posts about the virus in just the first few days of the attack.

Continue reading “What can PR managers learn from NotPetya?”