Cohesity CEO on Defending Against Hacks Around the World
Oct 19, 2023
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Sanjay Poonen, CEO at Cohesity, discusses how geopolitical issues raise cybersecurity concerns. He shares insights on leadership during uncertain times and Israel's role in cybersecurity. The chapter also highlights the cyber security threat posed by nation-state actors and the importance of robust prevention and recovery mechanisms. Protecting the world's data from cyber criminals, artificial intelligence, and responsible AI practices are mentioned.
Geopolitical issues raise cybersecurity concerns, necessitating vigilance, prevention, detection, and a fast recovery mechanism.
Implementing guardrails around AI is crucial to prevent misuse and harness its potential ethically.
Deep dives
Carbon capture and clean energy solutions
ExxonMobil is working on innovative solutions to reduce carbon emissions, such as carbon capture and clean energy from hydrogen. These solutions have the potential to benefit industries like manufacturing, commercial transportation, and power generation.
The rising cost of global cybercrime
According to data from cybersecurity ventures, global cybercrime costs are projected to reach a staggering $10.5 trillion per year by 2025, up from $3 trillion in 2015. Recent high-profile hacks demonstrate the financial impact, with MGM's casino hotels estimating a $100 million reduction in profits due to a cyberattack. Vigilance, prevention, detection, and a fast recovery mechanism are essential in combating cybercrime.
The importance of responsible AI
Artificial intelligence (AI) presents enormous opportunities but requires responsible implementation. Sanjay Poonen, CEO at Cohesity, emphasizes the need for guardrails around AI to prevent misuse while harnessing its potential. Implementing responsible AI frameworks ensures the technology is used ethically, promoting beneficial advancements while mitigating risks. Guardrails are crucial to leverage the transformative power of AI in a responsible and safe manner.
Sanjay Poonen, CEO at Cohesity, discusses how geopolitical issues raise cybersecurity concerns. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.