A Lesson in Crisis Management with Jeremiah Grossman

It’s not always easy to determine the value of digital assets.
The potential of overestimating or undervaluing your data can
make it difficult to establish how much protection you need for a
cyber intrusion. 


Today’s guest is Jeremiah Grossman. Jeremiah has spent over 25
years as an InfoSec professional and hacker. He is the Managing
Director of Grossman Ventures. He is an industry creator and
founder of White Hat Security and Bit Discovery. He has his black
belt in Brazilian Jiu-Jitsu and is an avid car collector.
Show Notes:

[0:53] - Jeremiah shares his background and what he does as
the managing director of new venture capital, Grossman Venture.

[1:55] - When he was 24, Jeremiah’s business was victimized
by a data breach.

[5:30] - This experience taught him that if you treat your
customers with integrity and have their best interests in mind,
they will keep doing business with you.

[7:43] - These things happen to countless businesses. It is
important to keep customers and clients informed.

[10:27] - Cybercrime is one of the only crimes where the
victim doesn’t always know they’re a victim.

[13:30] - When it comes to solving these problems, we have to
narrow in on the problems that are worth solving and then work
for a solution.

[14:53] - Doing an asset evaluation is a good starting point.
There is no algorithm to determine the value of digital assets.

[19:18] - What role does AI play in this and what should
people be wary of?

[20:31] - How do we raise the cost on the adversary?

[23:12] - There are ways to bait adversaries as well which is
an inexpensive solution.

[25:17] - These days, adversaries are nowhere physically near
the data. They access it all through digital means.

[27:28] - Jeremiah is optimistic about AI and in his
perspective, AI is a tool that will help us determine solutions.

[28:07] - Currently, cyber insurance has become compulsory.

[30:48] - Jeremiah explains how things work in venture
capital and the problems that are common.

[34:11] - There are many things that we can do better in this
space.

[35:46] - Jeremiah shares advice for small and medium-sized
businesses.



Thanks for joining us on Easy Prey. Be sure to subscribe to
our podcast on iTunes and leave a nice review. 
Links and Resources:

Podcast Web Page

Facebook Page

whatismyipaddress.com

Easy Prey on Instagram

Easy Prey on Twitter

Easy Prey on LinkedIn

Easy Prey on YouTube

Easy Prey on Pinterest

Jeremiah Grossman’s Website

Jeremiah on Twitter