00:00 Speaker A
Well, Microsoft has confirmed that Chinese hacking gangs are behind sweeping cyberattacks that hit multiple US government agencies. Hackers took advantage of a flaw in Microsoft’s SharePoint software. Investigators still looking into the scope of that attack. But joining me now on this threat and the broader state of cybersecurity is Shlomo Kramer, Cato Networks co-founder and CEO joining me here in the studio. Thank you for being here.
00:21 Shlomo Kramer
Thank you for having me.
00:23 Speaker A
So obviously that was just the latest in, you know, a long chain of attacks that we have heard about.
00:29 Shlomo Kramer
Sure.
00:30 Speaker A
How would you characterize the current state of threats that we are seeing against corporations and government entities?
00:37 Shlomo Kramer
Ever increasing, uh, against, uh, uh, what I would call a broken cyber security economy on the other side, that is, uh, uh, simply can’t keep pace with the, uh, advancement of the attacks, uh, the complexity of the digital business, the agility of it, and the cost that it takes to take all these products and turn them into a solution that protects against these attacks.
01:14 Speaker A
We’ve talked about this a little bit before, but just tell us again why you think that the industry is not sort of met the scope of those attacks.
01:28 Shlomo Kramer
Uh, primarily because not because of products. You know, the a solution is 20% product and 80%, uh, people that operate them. And there’s simply not enough talent out there, simply not enough budget out there, uh, to manage all these products. And there needs to be a new way, and there, you know, there’s more product because there needs to be innovation, because the attacks are progressing, but that innovation needs to come in different form. And that form, I believe, is now going to be platforms. Right? So instead of having 60 products, I’m going to have four platforms. And this is going to create a completely different economy of consumption and delivery of security, as well as completely different, um, economy of innovation. Innovation through platforms, not only through point products.
03:01 Speaker A
And we we’ve already seen that migration and that shift start to happen in the industry. Where do you think the biggest threats are coming from right now?
03:12 Shlomo Kramer
So there, it’s always, uh, unfortunate human nature that any of great innovation is first used to, uh, uh, create to be weaponized. Uh, so whether it’s railroads or atomic energy or AI. So I would say AI, obviously right now, is the big elephant in the room that, um, will be used, uh, for cyber attack, will be used to information attacks, fraud, uh, and in particular in cyber, uh, it’s going to be, uh, very, very challenging because the rate in which enterprises adopt AI, want to adopt AI is going to challenge, uh, all the, um, security companies to provide a safe journey to that.
