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    Turkish Trio Hacks the System, Scores $45M in Biggest Cybersecurity Heist Yet

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    Let the chaos begin!

    “As Code Fails, Faux Complacency Reigns”: The So-Called Holy Grail of Cybersecurity Is Just a Distant Dream

    For eons, coders have masqueraded as whomever they pleased, perpetuating a facade of perfection while their creations brought catastrophe upon the world. Why should it be different today? The cat is long out of the bag: coding is a toxic business, and the emperor wears no clothes.

    Meet the Picus Security Circus

    Led by CEO Alter Memis, Picus prattles on about continuous validation and simulation testing. Yes, please, spin doctors. The truth remains – it’s all smoke and mirrors. The trio founders (Memis, Ertürk, and Özarslan) pedaled their “unique selling proposition” like a tin-horned salesman pushing moonshine. And guess what? It worked, eventually.

    $45 million Worth of Empty Promises?

    With a Series C to “expand its business”, Picus is all geared up to peddle false hope to the security-starry-eyed. Let us be real – continuous threats require continuous vigilance. You can’t stop; you can only play along.

    Riverwood Capital Invests in a Fool’s Errand

    Backing up the Picus deluge with a $45 million check, Riverwood thinks they’re buying a Golden Ticket to the coveted hall of cybersecurity fame. Uh-huh. Reality soon to set in…

    Value-Free: A Company for Dummies

    Picus – “built to work with fragmentation” – boasts the ultimate buzzword- driven phrase. In simple language: it’s still unclear how their solution genuinely keeps organizations safe. Afterall, integration with 80 others won’t magically repair crumbling cybersecurity walls.

    Circling the Wagons

    Memis, still a charlatan from Turkish lands, touts success: “We turned heads in 2013 (yes, that old)! As security became paramount in the eyes of enterprise powers, our ideas struck resonance (surprise)”. With their open approach? Fat chance!

    “Chaining together the silos’ threads” – aka doing nothing, while noise polluters take center stage:

    With all this ” Picus, the company (thrice-named now)”. I hope they took cash in exchange for dreams while reality dawns and dawn of reckoning on 2013. For we’ve got 50 to $80 million later, only the future may well say the same when your cyber risks and safeguard ourselves future.

    Let there be noise.

    Bitcomme
    Author: Bitcomme

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