Jay Leek of SYN Ventures shares insights into tackling cybersecurity challenges through prevention-first strategies. He discusses the importance of investing in category-creating companies for innovative solutions and why focusing on mini platforms helps address multiple security challenges.
With the explosion of data, organizations need to understand what data they have, how it is being used, where it’s going and how it is secured. Cyera's platform enables them to do just that, and the company has grown into a $1.4 billion unicorn in just three years.
Hyperscalers such as Microsoft, Amazon Web Services and Google are enhancing cybersecurity acquisitions and investments to better secure their cloud environments and to build robust partner ecosystems, said Hamza Fodderwala, executive director, U.S. Software Equity Research, Morgan Stanley.
Greg Touhill, director of the Carnegie Mellon University Software Engineering Institute's CERT Division, detailed the creation of the AISIRT to address the increase in vulnerabilities in materials, products and services, including in software that is used to create machine learning models.
Artificial intelligence, generative AI and machine learning have always been part of the broader privacy conversation, according to J. Trevor Hughes, CEO and president, IAPP. Workday Vice President and Chief Privacy Officer Barbara Cosgrove shares how she helped the company build an AI framework.
The introduction of artificial intelligence has transformed cybersecurity, presenting organizations with both new challenges and innovative solutions. AI is not just a tool but a pivotal element in redefining security strategies, said Rama Sekhar, partner with Menlo Ventures.
Organizations need to bring together IT and network teams to enhance visibility into ever-expanding networks, update security policies and ensure their networks remain free of disruption, and automation can play a major role in making these tasks quick and efficient, said Tufin CEO Raymond Brancato.
Artificial intelligence plays a crucial role when evaluating potential investment targets. Thoma Bravo, a key player in cybersecurity investments, recognizes AI's pivotal role in enhancing cybersecurity measures and ensuring business resilience, said Andrew Almeida, partner, Thoma Bravo.
API security is a critical concern in today's interconnected world. Rupesh Chokshi, senior vice president and general manager, application security, Akamai, shared insights into the recent acquisition of Noname Security driven by the increasing adoption of APIs in the digital economy.
In the wake of geopolitical tensions, nation-state threats have "crossed the line more often than they ever have," said Dawn Cappelli, head of OT-CERT at Dragos, warning of the growing threat to critical infrastructure and emerging challenges for small and medium enterprises.
Cybersecurity is a "team sport" requiring technology to align with robust policy frameworks to secure nations as well as organizations, said Marene Allison, CEO of Marene Allison Consulting. "All these pieces must come together - technology, government policy and corporate strategy," she said.
With the potential to break existing encryption standards, quantum computing poses an exponential threat to cybersecurity. Marc Witteman, CEO, Riscure, discusses the need to accelerate development and deployment of new cryptography standards as well as challenges around their widespread adoption.
AI is a new attack surface with data volumes that have turned a small problem into a big one. Incumbents struggle with new attack surfaces while startups move faster, not burdened by technical debt - and they are looking to use AI to do whatever incumbents can't do.
If there's one data breach trend that stands out, it's hackers' vigorous focus on finding zero-day or recently patched flaws and exploiting them through automated scanning. "There are people scanning the whole wide internet," said Alex Pinto, senior manager, Verizon Threat Research Advisory Center.
Robert Tripp, special agent in charge of the San Francisco Field Office of the FBI, details the effect of AI on cyber and financial crime, giving the example of how a few seconds of a blank call resulted in a woman losing a substantial sum to a hacker using AI voice cloning.
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