Privacy startups will be more popular in 2019
In digital landscape, passing year characterizes high intensity of the events related to the data safety. Top news mostly concentrated on unprecedent abuse of social networks in public election and voting systems in USA and in other European countries. Accusations raised toward Russian government has elevated global awareness on safety initially mostly in country, but also simple user perspective as well. #privacy #security
Business problems with privacy
Documented ease of access and abuse of Facebook users personal information has initiated one of the serious crisis in the history of this company and started ongoing debate effecting in increasing demand on proper private data management. Various authorities started to pay deeper attention to potential dangerous threat for data privacy threats like warnings against logging in Russian gsm systems during Fifa 2018 World Cup, or usage of unsafe electronic devices like Huawei systems.
Security startups gains more financing
As a result, according to the Crunchbase statistics there is growing interest in privacy related investments. Comparing to 2017, this year shows 30% increase in the number of funding rounds raised by privacy startups, i.e. with value proposition concentrated on security, privacy and anonymity. Popularity of such investments is stimulated by end-users increasing concerns of their data security accompanied by more aggresive actions of governments planning to regulate technology companies in this area. Thus, upcoming year should provide more potential investments in privacy startups and VCs would be more interested to invest as a response to market driven need, which evidence is quite obvious and takes the form of security oriented linux versions like PureOs or cloud based solutions trying to meet the stringent requlations like WireWheel.io, or BigId present on Angellist.
