It's a scary scenario, and some companies, Srivastava tells me, try to deal with the vulnerability of USB ports by simply filling them with epoxy so users can't plug in anything, or trying to ban USB drives from corporate campuses.
Gigavation, co-founded by Srivastava and Charles Herder, another MIT alum, is working on a combination hardware/software product it calls the Gigashield, and targeting customers in defense, healthcare, and financial services. "For the first time, you can secure the USB port," Srivastava says. "It's a huge claim." They've been cultivating the company since 2008, relying mainly on funding from friends and family. (After MIT, Srivastava went on to earn a degree at Harvard Law School; Herder, the CTO, went to work at Texas Instruments.)
The Gigashield (a product rendering is at right) is a USB hub that has a software layer that guards against "data leaking out, or attacks coming in," Srivastava says. "As long as our product sits in between a computer and a USB device, communications in both directions is totally secure." The software is a collection of algorithms designed to detect things like complex attacks and device spoofing. What's that? "It's when you plug in a mouse, and it looks and feels like a mouse, but after a few months it sees a file it is looking for, and it can download it and send it somewhere else," Srivastava explains. "Any device connecting over USB can carry malicious code, so we treat every device as untrusted."
The company has a "black box" prototype version of the hub that it has been showing to prospective customers, helped along by new security threats like the Flame virus; the growing gray market for sales of sensitive corporate data; and the BYOD ("bring your own device") trend at many corporations, wherein employees are increasingly bringing in consumer electronics that they own (an iPad, for instance), and perhaps connecting them to company-owned computers.
Srivastava says Gigavation is adding technical and sales staff in Cambridge, and may seek venture capital soon. "We wanted to develop our technology and our customer relationships to a certain point before we did that," she says.
About Scott Kirsner
Scott Kirsner was part of the team that launched Boston.com in 1995, and has been writing a column for the Globe since 2000. His work has also appeared in Wired, Fast Company, The New York Times, BusinessWeek, Newsweek, and Variety. Scott is also the author of the books "Fans, Friends & Followers" and "Inventing the Movies," was the editor of "The Convergence Guide: Life Sciences in New England," and was a contributor to "The Good City: Writers Explore 21st Century Boston." Scott also helps organize several local events on entrepreneurship, including the Nantucket Conference and Future Forward. Here's some background on how Scott decides what to cover, and how to pitch him a story idea.
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December 9: Web Innovators Group
Demos of new mobile apps and web ventures at the Royal Sonesta Hotel in Cambridge. Free admission; cash bar.
December 10: Fintech Demo Day
Short demos from startups in the financial technology realm.
December 11: Unpitch
Entrepreneurs and investors sit down for lunch, advice, and feedback. Entrepreneurs must apply to participate.