This Week in Startups Critical cyber attacks of the last decade + How Jason Calacanis grew the Launch Fund: Angel S6 E7 | E1393
Feb 25, 2022
Delve into the critical world of cybersecurity, exploring major hacks like Colonial Pipeline and how geopolitical tensions heighten risks. Discover innovative ideas, like hiring skilled 'bounty hackers' to defend against attacks on vital infrastructure. Jason shares his journey in launching the LAUNCH Fund, detailing challenges and successes while reshaping venture capital to match media expertise. Learn about the evolution of angel investing and the strategies that can empower startups in today's complex landscape.
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Cybersecurity Measures
- Implement generous bounty programs for hackers who identify vulnerabilities and use open-source software.
- Open-source allows for real-time vulnerability patching due to its transparent nature.
Ban TikTok
- Ban TikTok due to its Chinese ownership and extensive data access, posing a national security risk.
- Encourage US companies to replicate TikTok's format to offer a secure alternative.
Florida Water Treatment Plant Hack
- A Florida water treatment plant was hacked last year, with an attempt to increase sodium hydroxide levels to dangerous levels.
- This highlights vulnerabilities in critical infrastructure connected to the internet.