Security Industry

topic on 3 shows · 8 statements across 4 episodes

We Live to Build the MAD Podcast the a16z Podcast

8 statements about Security Industry, every show

Bimani: Security Clients Buy Cheap Services Merely for Insurance Liability Shields
“The security industry is a commodity and a service industry where clients are usually just looking at the bottom dollar. Rather than the quality of the service they can get because they see us as a shield against lawsuits and that's how they want to use us. So…”
Glenn Bimani May 7, 2024 ▶ 1:47 He Gave Them the Dollar They Asked For, Then Walked Away
Bimani: Fixed expenses like vehicles and office leases harm security companies
“One of the biggest issues with, in the security industry is a lot of people buy security services, not security services, security software, vehicles offices, and it's hard expenses. You can't get rid of them, even if you lose clients.”
Glenn Bimani May 7, 2024 ▶ 10:35 He Gave Them the Dollar They Asked For, Then Walked Away
Bimani: Security Guards Are Jaded From Frequent Exploitation by Industry Employers
“A lot of security guards are jaded because they're screwed over by the security industry very often.”
Glenn Bimani May 7, 2024 ▶ 18:28 He Gave Them the Dollar They Asked For, Then Walked Away
WE LIVE TO BUILD Assertion Not checkable as stated
Bimani: Bar Security Insurance Costs $23,000 Per Client Annually
“In the guard and the bar industry, you're not allowed to provide bar security unless you have a insurance and it costs roughly 23,000 dollars a year per client. A lot of guard companies don't have that. So they're leaving their guards their clients exposed to …”
Glenn Bimani May 7, 2024 ▶ 36:16 He Gave Them the Dollar They Asked For, Then Walked Away
a16z Opinion
de la Garza: Traditional security industry runs counter to actual security
“So for a long time now, the security industry has existed as kind of an anathema to actually making things more secure, and this has been incredibly problematic with a lot of the things that have happened in terms of the way that the industry has developed.”
Joel de la Garza Mar 1, 2019 ▶ 1:05 Security Markets: The Lay of the Land
a16z Opinion
De la Garza: Security industry spending fails to address root causes
“From a spend perspective, the security industry hasn't done a great job when you look at what we spend all of our money on in addressing the actual root causes of the breaches.”
Joel de la Garza Mar 1, 2019 ▶ 8:39 Security Markets: The Lay of the Land
a16z Insight
Enterprises have reached a limit on consuming additional point security products
“And so if I think if you stand back and you take a high level heat map of the security industry, I don't think it's like building another mechanism or another point product. That's the problem now. We've actually got to a point that we can't really consume the…”
Martin Casado Jul 16, 2017 ▶ 11:24 Software Secures the World
MAD Insight
Falkowitz: Cyber threat actors display predictable human patterns in data
“Cyber actors are no different than you and me, right? Which means that they open themselves up to a variety of predictable human patterns that can be observed in data that's very different from the way the security industry handles them today, right?”
Oren Falkowitz Oct 21, 2015 ▶ 1:49 Oren Falkowitz, Area 1 Security // The Future of Cybersecurity (Hosted by FirstMark Capital)

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