July 24, 2017 – With cybercrime costing industry around the world hundreds of billions of dollars each year, funding for cybersecurity companies could break records this year. Just recently, executive recruiter True Search, which was recently recognized as one of the Top 50 search firms in the Americas as ranked by Hunt Scanlon Media, named Austin Krissoff to lead its cybersecurity practice from its Boston office.
The firm is looking to meet the growing demand for chief information security officers and other security-trained executives to protect companies from cyber threats.
“Our clients are discovering an abundance of security problems and a shortage of security executives who can prevent, defend or respond to them,” said Brad Stadler, co-CEO of True Talent Advisory. “We have designed this practice to enhance access to talent through our connectivity to entrepreneurs in venture capital and private equity portfolio companies. A security entrepreneur who has founded a security company can also be a great CISO, and vice versa. Our approach enriches candidate and client interaction in a competitive talent environment.”
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The hunt for seasoned cybersecurity talent has seen a dramatic increase in the last several years, according to executive recruiters who hunt for talent in the space. Today, the need for such leaders reaches across virtually all industries.
Security Search Veteran
Prior to joining True, Mr. Krissoff was a search consultant at DHR International and CTPartners, where he placed CISOs and built international security teams. He previously worked at a venture-backed cybersecurity startup. Mr. Krissoff is also a former U.S. Marine captain and served overseas as a human intelligence advisor and platoon commander.
“Austin is uniquely qualified because of his significant experience in this sector and his broader background in security,” Mr. Stadler said.
“Security breaches today are prevalent among large public enterprises and high growth companies,” said Joe Riggione, co-CEO of True Talent Advisory. “Risk is disproportionate to size and no organization is immune. Austin’s understanding of the space, as well as his relationships with national security leaders, enterprise CISOs and security entrepreneurs, make him a valuable addition to the True team.”
Security Threats Create Talent Challenges, Opportunities
Cybersecurity might well be the greatest challenge facing corporate America today. The threat to reputation, private information and dollars — both from immediate theft and the cost of repairing the damage of a cyber-attack — can be staggering.
True Search operates from 10 offices worldwide. The firm recruits talent for growing technology companies that are backed by accomplished investors. Working in both the private and public sectors, the firm has offices throughout the U.S. and in the EMEA region. Here’s some other recent activity at the firm:
Just recently, the firm opened an office in Singapore, making its first foray into the APAC market. Alex Gold, founder of Quantum Search, has joined True to lead the expansion. Mr. Gold specializes in leadership searches for internet, software and fintech investments of leading venture capital firms.
In May, True added Thor Bucy, Jennifer DeCastro, Ryan Hall and Barry Wahlberg to its roster of partners. Mr. Bucy joined the firm’s technical officers practice and is focused on C-suite-level searches in data, engineering, operations, security and product. Ms. DeCastro joined the firm’s digital transformation practice.
Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; Stephen Sawicki, Managing Editor; and Will Schatz, Managing Editor – Hunt Scanlon Media