![]() ![]() ![]() Here are some helpful background articles with data to consider on public-sector pay gaps for cyberpros: Remember, hundreds of others at Duo Security and Tenable and other cybercompanies have received stock grants and options leading to very big paydays when acquisitions or IPOs take place. ![]() While the hard work, accomplishments and successes of Amit Yoran, Dug Song and Jon Oberhide are truly extraordinary, the benefits of stock ownership for a long list of people cannot be underestimated. Indeed, if these trends continue, the cyberservices market will need to drive an acceleration in government’s partnering (or “outsourcing” or “co-sourcing”) of cyberjobs with the private sector as we head into the 2020s. This blog is an attempt to highlight that very important missing piece and to provide some further thoughts on what may be coming next regarding attracting and retaining public- and private-sector cybertalent. Numerous articles talk about pay packages, bonuses and medical benefit differences, but few analysts are talking about the stock market (gold at the end of the rainbow) aspects of some private-sector cyberjobs. In fact, if you connect the dots going back several years, I admit that I underestimated the cybertalent pay gap storyline. Add in the growth of many cyberstartup companies, Wall Street investments in security companies, new interest in security company takeovers, and it is not hard to see another important storyline developing. Here’s a quote: “The bureau has lost about 20 top cybersecurity leaders to lucrative corporate jobs over the past five years, even as hacking threats multiply.”ĬyberTalent Pay Gap: What Has Been Underreported Up Until Now This topic was recently highlighted by a Politico article which describes the FBI’s cybersecurity talent brain drain. While many celebrate this private-sector success, alarm bells are growing louder in public-sector circles. I won’t start naming more names, but let’s just say that the list of those who have profited greatly in their careers working in cybersecurity is very long. A large percentage of those people are former federal, state and local government cyberleaders. Nevertheless, there are many, many others succeeding in the private sector. Their companies will no doubt be studied in business schools around the world, and they are extremely talented individual leaders. While I did not profit personally from these great stories nevertheless, I am really happy for them. From speaking at conferences on the same panels, to meeting with their teams, to working on advisory boards together, I admire their hard work and business acumen. I am not close friends with any of them, but I have done security work with each of them in a variety of different ways over the years. I focus on these two examples because I happen to know Amit Yoran (CEO of Tenable), Dug Song and Jon Oberhide. Cybersecurity firm Tenable closes up 31% - Shares opened at $33.00,nudging the company's market value above $3 billion, and closed at $30.25 per share.The company has 700 employees with offices throughout the United States and in London, though the company has remained headquartered in Ann Arbor. Under the terms of the agreement, Cisco is paying $2.35 billion in cash and assumed equity awards for Duo.ĭuo Security was founded in 2010 by Dug Song and Jonathan Oberheide and went on to raise $121.M through several rounds of funding. Cisco is buying Duo Security for $2.35 billion in cash - “Cisco today announced its intention to buy Ann Arbor, Mich.-based security firm, Duo Security. ![]()
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |