Shape the cybersecurity industry.

Strategy of Security combines cybersecurity's most valuable stories, ideas, and data to find insights that help you win.

Cybersecurity Is Going Private

Twelve cybersecurity-related companies have disappeared from public markets since 2022. Things might keep getting worse before they get better, but we're going to end up with more public companies soon enough.

Public Companies • 10 min read

Cybersecurity Business Models: A Dollar of Revenue Doesn't Equal a Dollar of Revenue

A practical evaluation of product and services businesses in cybersecurity through the thick glasses of Warren Buffett and Charlie Munger.

Concepts • 17 min read

What Would It Take for SailPoint to Go Public Again?

If it’s true that Thoma Bravo is once again exploring a SailPoint IPO, here’s what needs to happen for the exit to succeed.

Public Companies • 11 min read

The Strategic Impact of Mastercard's Recorded Future Acquisition

How Mastercard's acquisition of Recorded Future connects the past, present, and future (no pun intended) of the cybersecurity industry.

Mergers and Acquisitions • 8 min read

Cyberse and the Marketplace Era of Cybersecurity Purchasing

The marketplace era of cybersecurity purchasing is arriving before our eyes. Cyberse is a new startup leading the way.

Startups • 12 min read