Welcome

• Bob Bragdon, Publisher, CSO Magazine
• Christine A. Gulbranson, Ph.D, Director Advancing Innovations, Ewing Marion Kauffman Foundation

Introductory Remarks

• Robert D. Rodriguez, Principal, Robert D. Rodriguez and Associates, LLC & Chairman, IT Security Entrepreneurs' Forum

Panel: The Emerging Risks, Threats and Vulnerabilities to our Nation's IT and Telecommunications Infrastructure

In a world of no boundaries and digital warfare, electronic attacks upon our Nation's IT and Telecommunications operating systems are becoming more frequent, sophisticated and effective. Loosely organized State-sponsored espionage against vital parts of the United States economy to include "best-practice" IT computer systems of the Federal Government, Department of Defense, large banks and financial services firms are seriously challenging the present defense and risk operating systems to their fullest. A recent study found that these attacks have progressed from initial curiosity probes to well funded and organized operations for political, military, economic and technical espionage. This panel will discuss the present methods, emerging risks and challenges towards the protection of our nation's computer operating systems.

Moderator:

• Robert D. Rodriguez, Principal, Robert D. Rodriguez and Associates, LLC & Chairman, IT Security Entrepreneurs' Forum

Panelists:

• Dr. Joel F. Brenner, National Counterintelligence Executive and Mission Manager for Counterintelligence, Office of the Director of National Intelligence
• Robert Dannenberg, Director International Security Affairs, British Petroleum (Former Chief of Cyber Operations, Central Eurasian Operations and Chief of Operations for CIA's Counter Terrorism Center)
• Tony Sager, Chief of the Information Assurance Directorate's Vulnerability Analysis and Operations Group, National Security Agency
• John N. Stewart, Vice President & Chief Security Officer, Corporate Security Programs Organization, Cisco Systems

Panel: Systems Integrators and Entrepreneurial Activities

Systems Integrators (SIs) play a critical role to government customers looking for comprehensive solutions inherent in large, complex programs. When working to integrate cost-effective technologies, SIs typically find that earlier stage entrepreneurial companies can provide greater technical capabilities and leading edge products. SIs may also need to meet government customers' small business/diversity goals or have internal goals to support and use small businesses as an essential part of business operations. To meet these goals, SIs often outreach to potential partners/suppliers in Small Disadvantaged Businesses, Women-Owned Small Businesses, Veteran-Owned Small Businesses, Service Disabled Veteran-Owned Small Businesses, Historically Black Colleges and Universities, Minority Institutions, and HUB Zone Program businesses by participating or sponsoring business opportunity fairs, conferences and business councils. Positive performance and profitability are key drivers. Therefore, SIs may consider diversity goals as an alternative to maintaining or building capabilities in-house, or leveraging established relationships with suppliers with similar solutions.

How can SIs tap the strength, collective experience and innovative ideas of diverse, entrepreneurial businesses? How can SIs better stay abreast of rapidly developing technologies found in the entrepreneurial environment?

Conversely, how do entrepreneurial companies with leading edge products and services team with SIs, meet SIs' and government qualification standards, cut through "red tape", and bring best solutions to the federal sector?

Moderator:

• Conrad C. Lautenbacher, Jr. (Vice Admiral, U.S. Navy (ret.)), Under Secretary of Commerce for Oceans and Atmosphere & NOAA Adminstrator

Panelists:

• W. Daniel Hall, Vice President, Cyber Sector, ManTech SMA
• Richard W. Mayo (Vice Admiral, U.S. Navy (ret.)), Executive Vice President, Network & Enterprise Services Operating Group, CACI International, Inc.
• Roger Yee, Vice President, Defense Enterprise Group, BAE Systems

Town Hall Discussion: Federal Government Strategic Investment Funds, In-Q-Tel/DeVenCI/OnPoint

Representatives from these three Federal Government strategic investment funds will discuss how their models are different than typical venture capital investment funds. The forum will also discuss current investment opportunities and areas of interest, and how emerging companies can approach these funds for financing. These entities are constantly looking for "best of class" solutions that further the respective missions of the Central Intelligence Agency, Department of Defense and Army. These strategic investors have a mission to discover, invest in and support companies at the intersection of Federal Government and commercial marketing needs. Their investment funds were formed to meet the goal of developing "better collaborative ties with young, small, growth-oriented companies that take risks and push innovation." The above entities will invest in or assist earlier stage, growth-oriented companies developing innovative technologies of interest to the Federal Government, specifically within technology areas of interest.

Moderator:

• Dr. Douglas Maughan, Program Manager, Department of Homeland Security, Science & Technology Cyber Security Research & Development Program

Panelists:

• Steve Bowsher, Managing Partner & Executive Vice President, In-Q-Tel
• Bob Pohanka, Director, DeVenCI
• Jason Rottenberg, Managing Partner, MILCOM Venture Partners & Managing Director, OnPoint

Panel: Early Stage Financing of IT Security Entrepreneurs' with Federal Funds

Material and discussion on mechanisms for financing high-risk innovation research for your company with government support (focusing on SBIR) will be discussed. Government subject matter experts from AFCYBER along with representation from the National Science Foundation will discuss these mechanisms and provide an overview of advanced needs from the Air Force command responsible for cyber defenses. In addition, Government solicitors and procurement personnel will provide a case study from a successful startup that used these funding mechanisms to cross the early stage funding chasm.

Moderator:

• Dr. Errol Arkilic, Division of Industrial Innovation and Partnerships, Program Manager, National Science Foundation

Panelists:

• Colonel Leslie Blackham, Commander, ESC's 753rd Electronic Systems Group
• J. Michael Kretzer, Technical Director, Air Force Information Operations Center, Lackland Air Force Base
• Livio Ricciulli, Chief Security Scientist, Force10 Networks, Inc.
• Brian T. Spink, Air Force Research Laboratory (AFRL) Commander’s Representative to the 8th AF/AFCyber Command (P)
• John F. Vona, Chief Technologist, Air Force Global Cyberspace Integration Center

Panel: What does it take to get VC Funding?

Entrepreneurs do not have to take institutional venture capital funding to build a successful business. But it is a choice that many emerging companies may want to make. This panel will discuss the critical elements that entrepreneurs need to know in order to determine whether they are making the right choice. In this session, seasoned VC's and a successful CEO will explain to entrepreneurs how to maximize their chances of a favorable reception at the critically important "First Meeting". The panel will also address common misconceptions about the terms of venture capital funding for companies at various development stages, including a list of Do's and Don't's for entrepreneurs who decide to seek venture capital.

Moderator:

• Pascal N. Levensohn, Founder and Managing Partner, Levensohn Venture Partners LLC, Honorary Forum Chairman.

Panelists:

• Pete Foley, CEO, RingCube Technologies
• Matthew D. Howard, General Partner, Norwest Venture Partners
• Gilman Louie, General Partner Alsop Louie Partners (Founder & former CEO, In-Q-Tel)
• Ann Winblad, Co-founder & Managing Director, Hummer Winblad Venture Partners

Panel: FDCC/SCAP/FISMA

The Federal Information Security Management Act requires each federal agency to develop, document, and implement an agency-wide program to provide information security for the information and information systems that support the operations and assets of the agency, including those provided or managed by another agency, contractor, or other source. This session will provide an overview of FISMA requirements, including the Federal Desktop Core Configuration (FDCC) and SCAP protocols as they apply to developers of IT security products and Federal agencies.

Moderator:

• John Muir, Managing Director, Trusted Strategies

Panelists:

• Ned Miller, President & CEO, Secure Elements
• Stephen D. Quinn, Program Manager, National Institute of Standards and Technology
• Daniel J. Schmidt, Technical Director, NSA/VAO Engineering and Integration Division
• Chris Schwartzbauer, Vice President, Worldwide Sales and Marketing, Shavlik Technologies

Presentation: Why Up is Down and Down is Up

• Ted Schlein, Managing Partner, Kleiner Perkins Caufield & Byers, Honorary Forum Chairman,

Over the past 20 years, security inside of corporations and government agencies has been practiced in a relatively consistent manner with minor improvements along the way. Network operations personnel have been tasked with keeping the "bad guys" off the networks and minimize damage from attacks, risks and threats to their operating system environments. Much has changed over the last 20 years that suggest these methodologies and approaches have been relatively ineffective and therefore must change too, but have not. Our adversaries have new weapons, new attack vectors, and the stakes are even higher. Security professionals must unlearn what they have been taught and implement new approaches to be effective going forward.

Presentation: Achieving Value & Liquidity in IT Security: A Wall Street Perspective

• Ryan D. Limaye, Managing Director, Goldman, Sachs & Co.

This presentation will discuss the ongoing trends for achieving value for IT security companies and entrepreneurs. In order to understand how best to achieve liquidity and value, it is important to review the key IT security industry trends and the landscape as viewed by Wall Street. This presentation will provide a view on the capital markets, the requirements to take a security company public, what investors are looking for, and how they value such companies. The presentation will also cover key themes in the M&A markets including a review of recent transactions, the changing buyer universe, and the typical valuation framework for these deals. It will also include thoughts on how to maximize value and "exit gracefully."