Ex-Green Beret Gene Yu recounts leading an unsanctioned rescue mission against a terrorist group and transitioning from soldier to cybersecurity startup founder
“Businessmen are motivated by money. Politicians are motivated by power. But warriors are not motivated by either of these things. Warriors are motivated by honour,” says Gene Yu, the founder and CEO of Blackpanda, a cybersecurity crisis response and insurance company with a presence across Asia and the US.
Describing its work as “cyber firefighting”, Blackpanda offers solutions for cybersecurity technology, incident response and cyber insurance. “We combine these three things into one solution. We productised incident response into an insurance product and wrapped it with the SaaS technology,” says Yu.
The firm has formed strategic partnerships with the Cyber Security Agency of Singapore, Singapore Police Force, and major telecommunications providers across Asia, including Singapore’s Singtel, Hong Kong’s Macroview Telecom, Macau’s Companhia de Telecomunicações de Macau and Japan’s Softbank C&S. Together, they monitor cyber threats and vulnerabilities, enhancing regional defences against cyberattacks.
“Cybersecurity insurance is essentially the digital version of high-risk physical security insurance,” says Yu. “There are criminals everywhere—not just local and regional. The entire world can reach out and touch you on the internet. It’s not an IT issue, it’s a security issue.”
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Prior to starting Blackpanda, Yu served as a soldier in the US Army Special Forces—also known as the “Green Berets” after their distinctive service headgear—where he took part in overseas counter-terrorism missions. And before that, he graduated with top honours from the computer science programme at the United States Military Academy at West Point, New York.
Born in Concord, Massachusetts, and later moving to Cupertino, California, Yu grew up caught between two worlds: not Asian enough for his Taiwanese immigrant family “because I didn’t speak Chinese”, while seen as a foreigner by the local American community. As a result, his early life was marked by rebellion as he struggled to find his identity.
His parents, who fled China to Taiwan during the Chinese Communist Revolution before moving to the US for graduate school, carried with them not just dreams of opportunity but also the weight of family legacy; his uncle Ma Ying-jeou—his mother’s older brother—would later become the president of Taiwan.