Executive tries to make internet safe with new nonprofit

Executive tries to make internet safe with new nonprofit

Helping companies try to stay virus- and hacker-free for years, Philippe Courtot told Business Insider that he is fed up with cyber criminals and wants to do something about it. Courtot, an executive of a cloud computing security firm, said he is using $500,000 of his own money to launch a new nonprofit called Trustworthy Internet Movement to help make the internet off-limits to cyber criminals. Companies should make sure their website is as safe as possible from criminals as well by investing in tools such as high assurance SSL certificates.

"The very fact that we are not making much progress at making the Internet safe and trustworthy is underscored by the ever-increasing data breaches," Courtot told Business Insider. "While the industry talks a lot about security and the cloud, it has ignored the fact that the Internet is one of the key enabling technologies where cyber criminals operate with almost total impunity."

Enterprises have been trying extremely hard to secure themselves over the past few years, with a PwC report saying that they are spending an estimated $60 billion on software and services to protect themselves and customers. Companies such as GeoTrust and Symantec have been working to provide certificates to these companies, but it takes a concentrated effort by many people to help keep a website extremely safe.

Courtot said he wants his new nonprofit to take on the stuff that has been part of the problem over the last many years and become a solution for the ills of the internet, such as botnets, malware and viruses. He is looking to come up with ways to "bake protection" into public and private clouds as well as certificates and websites.

Companies looking to stay safe should look into what high assurance SSL certificates can offer them in terms of protecting data. Companies must make sure to keep up with these certificates so they are up to date and able to protect.