In a recent FEI Silicon Valley Strategic CFO podcast, host Jan Robertson interviewed Dave Daetz, SVP of Corporate Development at Netskope, a cybersecurity leader in SASE (Secure Access Service Edge) technology. Daetz, with 25+ years of experience including roles at Apple and Symantec, shared insights on cybersecurity challenges facing modern enterprises, particularly how organizations struggle with "shadow data" dispersed across cloud environments and SaaS applications. He emphasized Netskope's evolution from addressing shadow IT to providing comprehensive data security solutions, exemplified by their strategic acquisition of Dasera (their 10th acquisition) which expanded their capabilities from unstructured to structured data protection. Daetz highlighted crucial M&A best practices, stressing the importance of strategic clarity, understanding alternative execution paths, and cultural fit for successful integrations. For CFOs managing cybersecurity concerns, he recommended consolidating security solutions to reduce costs and complexity, noting that most security spend is actually on services rather than products. His key message centered on the need for organizations to modernize their security approach for today's distributed workforce and data landscape through cloud-delivered solutions rather than traditional perimeter-based security models.




https://www.linkedin.com/in/daetz/



#CyberSecurity #CFOInsights #MergersAndAcquisitions

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