Rapid7 CEO Corey Thomas kept quiet on Wednesday about his company’s recent regulatory filing, which outlined the cybersecurity firm’s intentions for an $80 million initial public offering.
Due to the quiet period restrictions mandated by the Securities and Exchange Commission, Thomas didn’t answer questions related to the IPO.
What he did talk about at the company’s 2015 Security Summit in Boston, though, was the state of the industry, how it’s evolved over time, and who’s most vulnerable to attacks.
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Here are seven questions Thomas answered for me in a private interview at the event.
What’s the state of the cyber threat landscape today, compared to the year 2000 when Rapid7 was founded?
It’s a drastically different state today. The way to think about the 2000s is you had what I call “lone wolf attacks.” You had standalone individuals or small groups who did very simplified attacks — sophisticated for their time — and they worked in islands. Our security awareness and controls were lax then. Today, you are dealing with a very sophisticated supply chain. You have dedicated criminal software
organizations that build sophisticated software that are able to do multi-factored attacks. You have large-scale, sophisticated attacks but not because you’re dealing with geniuses — it’s because you have an economy that’s working in concert. You have a critical mass of people.
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