FixNix Blog

Dear India, Let's get to action on Cyber Security

Nov 25, 2015 5:20:56 PM / by Shanmugavel Sankaran posted in India, industry, Security Development Lifecycle, stakeholders, training institutions, Blog, cyber security, National Cyber Security Awareness Month

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Wanted to dedicate this piece of work to our country India

FixNix Year III Anniversary Celebrations- Part 1

Nov'22 2012 to Nov'22'2015

Member,Cyber Security Task Force of India.

Got invited for few activities of National Cyber Security Awareness Month here in US Last month, October

https://www.staysafeonline.org/ncsam/champions/all-champions/

My frustration level went up when i found billion$ security companies to training institutions to water supply company to defense agencies to 100 other firms joining this effort under one single window all across the country supporting the mission of "National Cyber Security Awareness Month".

America is so successful because they seriously foresee what's coming in the future, be it tech or many other stuffs, get their acts together.

 

As a country, if we can imbibe in getting all such interested variety of stakeholders to promote Cyber Security to school kids to industry, we'll have better run way.

I am writing this with saddened heart, many months back one of my very well funded entrepreneur friend mocked at me by not responding to my help to fix hi attack thinking security business is all snake oil selling. If that's the maturity of an very well funded entrepreneur, think about others.

Every body in our country takes cyber security as cosmetic, which is not true.

In Microsoft world, I was part of those teams who defined the SDL "Security Development Lifecycle" where security becomes part of applications, products in each and every step of the company.

Let's nix it from Grass Roots !

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Indian Security Product Industry

Nov 15, 2015 5:10:05 PM / by Shanmugavel Sankaran posted in Indian, industry, security, silicon valley, banking, Blog, Entrepreneurs, product, Product Ecosystem

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Don't know whether i'm the authority to write on this. But As a Security Product Entrepreneur from India, gone global wanted to write about this. It not me(guy who have sold everything for this idea, except my soul and body), then who else ? ;-) There're tons of my friend security entrepreneurs who're also trying to crack this space.

Please take it with a pinch of salt as the passion level may be a little one line more than the others as I've not become glorified employee of a VC on day 1 by taking funds to build this. Wanted to prove our skin in the game and taken it to extreme bootstrapping to get here.

The Pic in the title header shows the 20+ serious guys denting Indian Security Product Ecosystem.

We're here to stay and make a dent. as the domestic market itself is growing phenomenally and entrepreneurs are figuring out how to how to raise, exit, etc

http://news.softpedia.com/news/Indian-Cyber-Security-Company-Cyberoam-Acquired-by-Sophos-Video-425467.shtml

http://www.legalera.in/news-deals/law-firms/item/17767-quick-heal-advised-on-proposed-ipo.html

http://articles.economictimes.indiatimes.com/2014-10-10/news/54868310_1_angel-funding-chennai-angels-series-a-funding

http://www.computerworld.in/feature/make-india-indusface-188402015

http://yourstory.com/2015/05/uniken-raises-funding/

http://www.business-standard.com/article/companies/jungle-ventures-google-s-anandan-invest-in-startup-firm-appknox-114120200223_1.html

http://www.founderworld.com/2015/08/26/exclusive-instasafe-raises-seed-funding/

http://yourstory.com/2012/12/cloud-security-startup-cipergraph-raises-funding-round-from-chamath-palihapitiya/

http://articles.economictimes.indiatimes.com/2013-04-24/news/38790383_1_active-risk-capital-players-consumer-facing-and-technology-ventures-helion-venture-partners

http://techcircle.vccircle.com/2014/10/29/us-based-cigital-buys-idg-backed-saas-security-testing-firm-iviz/

http://www.thehindubusinessline.com/markets/paladion-receives-10mn-funding-from-nadathur-holdings/article6126377.ece

http://techcircle.vccircle.com/2013/11/28/enterprise-security-firm-aujas-network-raises-series-b-funding-from-idg-ventures-ivycap-rajasthan-venture-capital/

Let's see the industry trend on Security investments

http://cybersecurityventures.com/cybersecurity-market-report/

About Silicon Valley angles

http://www.wsj.com/articles/vcs-pour-money-into-cybersecurity-startups-1429499474

There may be cases where the global GRC denters like convercent might have got funded 10.2 million on the day they have started their story. But FixNix may be denting still bootstrapping. Yet to figure out the global institution's take on Indian Security startups on compliance space. Sometimes it may look insulting, but the indian spirit, tenacity, perseverance and local market demand is helping us stay put. "On the day it introduced its service, convercent start-up also said it had received $10.2 million in funding led by Azure Capital Partners, Mantucket Capital and City National Bank, Till todate, the global player has raised 30.72m$" On the contrary, from India we're able to bootstrap with 200k$ debt raised from one of the states of Indian Government. The reason I'm trying to get more into FixNix funding case, it's choice of the entrepreneur. Overall, the Indian funding situation is improving a lot.

 

Indian banking and securities firms to spend 499 bn rupees on IT in 2015- Gartner

Indian banking and securities companies will spend 499 billion rupees on IT products and services in 2015, an increase of 9.8 percent over 2014 spend of 455 billion rupees, according to Gartner.

India will remain the world’s fastest growing information technology (IT) market in 2016 as it is expected to spend more than $72 billion on IT services, products and hardware, up from 7.2% from the current year, according to research firm Gartner Inc

Some insights from PwC survey for understanding the global picture how security incidents are leading to different programs, budgets, policies, etc

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10 Pointers Every Young Entrepreneur Needs to Know

Aug 8, 2014 12:34:03 AM / by Shanmugavel Sankaran posted in industry, market, smb, startup, Blog, business, entrepreneur

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A young entrepreneur might run across a lot of articles offering advice for the new business owner. But how many articles are actually geared toward the young entrepreneur?

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