---
id: 2693
title: "Why Economic Downturns Put Innovation at Risk And Threaten Cybersafety"
source_domain: hackerone.com
source_url: "https://www.hackerone.com/blog/why-economic-downturns-put-innovation-risk-and-threaten-cybersafety"
published_at: "2023-04-07T00:01:00Z"
tags: ["startups", "hackerone", "investment", "cybercrime", "svb", "innovation", "economy"]
phying_url: "https://phying.com/item/2693"
lang: en
---

# Why Economic Downturns Put Innovation at Risk And Threaten Cybersafety

## Summary

Marten Mickos warns the SVB collapse could starve security startups of funding and slow innovation; past downturns saw cybercrime jump 40%, making defensive innovation investment essential.

## Intelligence Metadata

- **Sources:** hackerone.com
- **Published:** 2023-04-07T00:01:00Z
- **Original:** https://www.hackerone.com/blog/why-economic-downturns-put-innovation-risk-and-threaten-cybersafety
- **Phying News:** https://phying.com/item/2693