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Proofpoint CEO on Cyber Security

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    Proofpoint CEO Gary Steele on the challenges in protecting data against cyber attacks.

  • Duration 4:28
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We discussed the breaking news on godaddy.com.

Outages hacker from -- not -- -- upset.

-- is hacking groups get a life people but.

Anonymous is the group -- it is claiming responsibility so how do you protect yourself and your business your credit card numbers and your Social Security numbers often attached to all of this.

My next guest helps large companies safely store and transport your information.

Joining us now -- a Fox Business exclusive from Stanford California proof points CEO.

Gary Steele.

-- but I know what's breaking news and and I don't mean to get any real detail from you on this but he had the picture at 30000 feet -- announced that it had been hacked.

That information had been compromised about its customers.

What does this look like -- this anonymous group are these the newest threat that's out there.

You know I think -- that one thing that we see in a threat landscape today as it's much more malicious is much more targeted.

And it's really affect city organizations around the world.

I think there's sag -- at example -- a perfect example of what we see what we're talking to clients about the threats that are committed to their environs.

It's what happens when this happens to GoDaddy or in the past say for example Sony or any other company that's been compromised as people say I'm out.

I'm pulling my information I don't want you people to have that you couldn't protect -- so that really -- the bottom line doesn't it.

You know I think that it it definitely draws a level of skepticism about storing your data outside.

Your company walls.

But in reality.

The challenge that a company has is they've got a match that kind of security that these these organizations are putting forth.

And it's not just these visible ones where.

Individual -- -- in the cloud it's also companies have to think about this internally with their own operation how -- they protect their -- What what is the most common mistake that companies and people make when it comes to cyber security.

I think frankly the most common mistake is people don't think about where they store their -- they don't have a level of scrutiny your review of of where they put their data and therefore.

They are at risk and they do have exposure.

Well okay so every Tom I'd buy something on no website -- don't -- -- gap stores whatever they say do you want us to save your password and and usually I was look for the Verisign stamp -- because.

That the past has made me feel pretty good about this but it is that enough or should I not say don't hold my password.

You know I think that in general I think if you're buying from.

Reputable retailers.

You're in good shape if you gave -- at some level scrutiny on the side I think if you're buying from people you never worked with before you have no experience with that.

I think you should be more cautious.

And the number one thing we tell people is really know where data is going and do you trust.

That organization with this sensitive with a sensitive data.

One of the things you're known for is that you very much leverage cloud computing protection.

And it seems that everybody's going into the cloud how do you do what you do over proof point and why should companies migrate to you vs one of your competitors out there.

Whether its day in -- McAfee which is now -- by Intel.

-- a great question so what we focus on as we leverage cloud computing to be able to very -- really identify and pinpoint threats coming into.

Our customers environment and there's a lot of things that we can do because -- in the cloud to process billions of points of data to look for anomalies and then be able to.

Very effectively.

Block threats that could -- coming dad and what is differentiated proof point in -- driven many of our.

I'll large customers to organization is the fact that we continue it continue to innovate at a -- very rapid rate.

We're way ahead what -- traditionally seen in the -- threat landscape and what were focused on is helping our customers.

Protect the most -- able data and protect them from these very targeted very malicious attacks that are coming in these -- We've got to go but -- in the past it was worms and viruses today tomorrow what are we need to worry about.

That number one thing to worry about today and tomorrow is focused attacks on organizations where the hackers know exactly who they're going out there.

It's directed at the organization -- -- Obama sensitive data.

Watch out everybody in plug those holes quickly proof point helps to do it Gary Steele -- the CEO thank you so much Gary good to see you.

Think so much appreciate your time well of course is he's.

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