BoldCloud is the award-winning cybersecurity advisor that businesses trust to help them defend against cyberthreats and close security gaps. BoldCloud helps companies worldwide proactively protect their files, data and devices against even the most complex and multi-threaded cyber and malware attacks before things go wrong.
Marcus has built a career based on the belief that providing cybersecurity should mean more than achieving success in selling products, but rather providing the best strategy and solutions companies can afford and efficiently manage to fill security gaps. With a cybersecurity career that spans over 20+ years, Marcus held key roles at Sygate and was instrumental in the company’s acquisition by Symantec. As a founding member of Malwarebytes, he helped grow the company to over 200 employees.
Marcus Chung is CEO at BoldCloud, the cybersecurity advisor that businesses and consumers trust to help them stop cyberthreats and close security gaps. With a cybersecurity career that spans over 20+ years, Marcus held key roles at Sygate and was instrumental in the company’s acquisition by Symantec. As a founding member of Malwarebytes, he helped grow the company to over 200 employees. Marcus has built a career based on the belief that providing cybersecurity should mean more than achieving success in selling products, but rather providing the best strategy and solutions companies can afford and efficiently strengthen their cybersecurity stance.
Marcus then launched BoldCloud in 2018 to fill what he sees as a critical gap in the cybersecurity industry. Many companies, and especially small businesses, are lost and overwhelmed trying to navigate the complexities of cybersecurity and array of costly products, some of which incorrectly market themselves as a “silver bullet” solution. In the end, many businesses accept security breaches as a business risk because of limited budgets and resources, leaving them vulnerable.
Currently, Marcus meets with and provides advice to as many businesses as he possibly can, sometimes for free. He actively helps companies assess their security posture and provides needed advice on how to take a proactive security stance – showing companies how to get the best value out of their existing security stack, regardless of whether this means making a profit. He has attracted some of the best talent in the industry and brought sometimes competing solutions together to achieve his vision for the clients he serves. Believing education is critical, Marcus spends his spare time working with industry analysts, contributing editorial and educating audiences through as any means possible. The results are evident in the awards he has won and the testimonies of his satisfied clients who appreciate that he always provides simple and affordable ways for them to improve their cybersecurity hygiene and protect against enhanced cyberattacks.
Marcus first stands out as a thought leader because for him he’s always held a vision greater than just holding down a job or having a successful career in the cybersecurity industry. He has a sincere passion to help businesses, SMBs in particular, get the education, advice, direction and solutions they need to navigate an increasingly complicated threat landscape, on budget. This has caused him to always think outside of the box. Understaffed and underfunded, SMBs are a favorite target of cybercriminals, which has been demonstrated by the recent flood of cyberattacks against municipalities and SMBs. The 2019 Verizon Data Breach Investigations Report revealed that 43 percent of breaches involved small business victims. According to Ponemon, the average cost for small businesses to clean up after being hacked is about $690,000 and, for middle market companies, it is over $1 million. The U.S. National Cyber Security Alliance reports that 60% of small companies are unable to sustain their business more than six months following a cyberattack, because they frequently don’t have the necessary resources. With a fresh approach to these SMB security problems, Marcus has made it a mission to lead the charge to help businesses overcome these challenges.