The name list of start-ups entering the eighth phase of the Microsoft Accelerator were published on August 5. Among all these enterprises, the ThreatBook, the only team focuses on cyber security in the 8th phase, is also the first professional cyber threat intelligence corporation in China.
ThreatBook is a newly startup established in May, 2015, aiming to help partners and customers improve detection and defense capabilities in their security products and enable industry customers to deal with complex, continually changing threats in a fast, accurate and cost-effective manner.
It uses a supplement approach to help companies and organizations to protect their private data and information.
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Xue Feng, CEO of ThreatBook. [Photo/ThreatBook] |
Xue Feng, CEO of ThreatBook, quoted Sun-Tzu, a famous Chinese strategist, saying "know yourself as well as your enemy." He said generally speaking, what most companies are struggling to do is to stop others’ access.
"These companies know well about themselves but they do not know about their enemies. What's worse is that sometimes, they even do not know they are hacked or cannot identify who attacked them," Xue said.
Compared with the traditional defensive measures, ThreatBook is using big data to make companies realize that they are hacked as shortly as possible and help them encrypt the information to make it difficult to read. In this way, even the hackers can successfully access to the companies' systems, they cannot read the information.
Xue used to work for Microsoft and Amazon. Although for more than ten years, he had not even thought of starting his own business, he has a high passion to the Internet security related work.
One day in 2015, he chatted with several friends after work as usual and they discussed about the threat intelligence idea, which enlightened him to start an enterprise focusing only on the Cyber security -- through big data. The next day, he decided to resign and opened his own company.
Amazon is an internationally electronic business company with various innovation ideas and active corporate culture, but Xue gave it up and returned China to run his own business.
He said: "I would devote to the internet security work with great passion because I really love this area. In addition, the Cyber security is developing in a rapid speed, which is twice as fast as IT industry. This could be a wise stake."
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Xue Feng gives a speech at the Eighth Phase of the Microsoft Accelerator. [Photo/Microsoft Accelerator] |
Although many innovation enterprises are struggling to stand out in the strong innovation atmosphere in Beijing, the ThreatBook acts pretty calm.
Xue said their aim is not to achieve really big goal like signing agreement with leading corporations or receiving capital funds. He put solving clients' problem in the first.
He added: "If a company cannot solve problems for the clients, then it is useless."
ThreatBook concentrates on the information security, a general problem every company has, which means it can cooperate well with other startups in Microsoft Accelerator.
It is still not time to compete with any other companies as the internet security is still in its initial stage.
Instead, Xue said the cooperation between newly founded enterprises are easy to realize and continue because they occupy in different aspects and focus on various themes. They can complement with each other and achieve a win-win situation.
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The ThreatBook team at the RSA Conference in the US. [Photo/ThreatBook] |
So far, the company has signed cooperation agreement with more than 30 international companies, through which they realize data sharing.
In the near future, the ThreatBook will enrich its database, consolidate its data analyzing capacity and further integrate the global data to better serve the clients and protect the internet security.
The Microsoft Accelerator aims to offer a comprehensive and high-quality service for innovative entrepreneurial companies in various areas including human resources, financing, strategy and marketing.
It provides the selected teams with offices for four to six months and invites professional mentors and industrial experts to guide them. In addition, the accelerator offers the teams a three-million yuan ($452,300) cloud service.
The accelerator was named the "Top incubator in China" and the "Best Maker Space in China" in 2013, 2014 and 2015.
