Nasdaq, Eric Schmidt's Innovation Endeavors and Israel Cybersecurity Foundry, Team8, Challenge Cybersecurity Paradigms at Rethink Cyber Event

NEW YORK, October 28, 2016 /PRNewswire/ --

Nasdaq, Innovation Endeavors and Team8 hosted their second annual cybersecurity thought leadership event, Rethink Cyber, in New York at the Nasdaq MarketSite yesterday as part of Cybersecurity Awareness Month. The exclusive event presented eight prominent enterprise security and strategy leaders, each of whom had eight minutes to challenge current cybersecurity paradigms and explore new, powerful directions for trends and innovation.

Rethink Cyber, now running in four cities worldwide, gathers prominent CIOs, CISOs, cyber innovators, policymakers and security officials to explore the rapidly evolving arena of cyber technology. The synergy between Nasdaq, a leading trading provider for today's global capital markets, Eric Schmidt's Innovation Endeavors, an early stage venture capital firm with offices in Palo Alto and Tel Aviv, and Team8, Israel's leading cybersecurity foundry and think tank, was created to leverage multidisciplinary backgrounds and expertise, and provide a thought-provoking platform to challenge widely held assumptions about cybersecurity.

The lineup of speakers for Rethink Cyber NYC included Patrick Heim, Head of Trust & Security, Dropbox; Bob Blakely, Global Head of Information Security Innovation, Citigroup; Omar Abbosh, Chief Strategy Officer, Accenture; Bret Hartman, VP & CTO, Security Business Group, Cisco Systems; Shlomo Touboul, CEO, illusive networks; Shachar Levy, Founder & CEO, Team8 Consulting and David Baker, Chief Security Officer, Okta.

"Team8 was founded out of a need to cope with some of the biggest challenges we face in cybersecurity today," said Nadav Zafrir, former Commander of the Israel Defense Force (IDF) Unit 8200 (Israel's NSA) and Co-Founder and CEO of Team8. "We are very fortunate to have investors like Cisco and Accenture, who support our unique thinking process and we are honored to have partners like Nasdaq and Innovation Endeavors, who believed in the logical progression to create this special event and give back to the cybersecurity industry."

Yuval Shachar, Partner, Innovation Endeavors said, "Rethink Cyber presents a unique opportunity to not only hear from the top innovators at the forefront of cyber innovation, but also to stay close to the key challenges industry leaders are facing. It is important to bring together the top minds on both sides of the equation in order to come up with radical solutions to the big problems in cyber. This event is the perfect forum to get a fresh perspective and drive innovation forward."  

Omar Abbosh, Chief Strategy Officer of Accenture said, "Andy Grove's famous slogan 'only the paranoid survive' is a timeless reminder about the need to constantly adapt to the changing business environment. As businesses evolve in the digital era they need to take a hard look at where they are in terms of cybersecurity, where they need to be and their ability to rise to the occasion when facing new types of threats."

Patrick Heim, Head of Trust and Security at Dropbox said, "We are living in an unprecedented time of cyber innovation. Over 1600 security companies are tackling a wide variety of cyber problems. Unfortunately, this also creates confusion on the part of buyers. It's very important for organizations to reflect on what innovations are truly risk appropriate and invest in only those areas that make sense."

About Nasdaq 

Nasdaq (Nasdaq: NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to more than 3,700 listed companies with a market value of $10.0 trillion and approximately 18,000 corporate clients. To learn more, visit: nasdaq.com/ambition or business.nasdaq.com.

About Innovation Endeavors 

Innovation Endeavors is an early-stage venture capital firm partnering with startups that apply cutting edge technology to transform large industries. The firm runs a dedicated global team and builds industry networks to create value for its portfolio companies. Innovation Endeavors has offices in Silicon Valley and Tel-Aviv, and is solely backed by Eric Schmidt, the Executive Chairman of Alphabet Inc. Please visit http://www.innovationendeavors.com to learn more.

About Team8 

Team8 is Israel's most prestigious "cybersecurity foundry" focuses on developing disruptive technologies and building category-leading companies that challenge the biggest problems in cybersecurity today. Team8 was founded by leading cybersecurity experts Nadav Zafrir, Israel Grimberg and Liran Grinberg, all with deep ties to Israel's famous IDF Technology & Intelligence Unit 8200. It is backed by Cisco, AT&T, Accenture, Nokia, Temasek, Mitsui, Bessemer Venture Partners, Eric Schmidt's Innovation Endeavors and Marker LLC.

For more information, please visit: http://www.team8.vc

Media Contact:
Matthew Krieger
GKPR for Team8
[email protected]
+972-54-467-6950

SOURCE Team8