
Securing the future: AI-supported cyber security strategies
Among other things, two topics were hotly debated: the impact of artificial intelligence on cybersecurity and on software development. Firstly, cybersecurity is about how best to proceed in a rapidly evolving threat landscape. — This is about how to strike a balance between innovation and security, using AI as ‘fuel’ in an ever-changing cyber arms race.
Security experts believe that AI can now play a role at every stage of the attack chain. And attackers are testing every avenue to see where they can take the most advantage of generative AI. — Cybersecurity is a man-made problem.
AI has “democratized” hacking, making individual attackers as powerful as nation states, while old security tools like VPNs have become fundamental vulnerabilities instead of providing protection. The security managers at Zscaler , for example, Sanjit Ganguli and Akshay Grover, warn urgently: “If you are reachable, you are vulnerable!” This is where a zero-trust architecture can drastically reduce attack surfaces in this recent AI-powered threat landscape. A zero-trust architecture is an IT security concept that assumes that no user, device or network is inherently trustworthy.
Hackers have expanded their arsenal and are bringing deepfakes into the cybersecurity battle. Companies cannot afford to rely on the authorities for protection. They must now develop their own multi-layered defense strategy. But what does this look like? — The cornerstone must be compliance with regulations. But if employees regularly open the door to hackers, it doesn’t matter how much companies spend on new technologies.
Companies must therefore invest in training and informing their employees about the threat of deepfakes and how to defend against them. An email newsletter is not enough — regular, mandatory training should be provided. This could include simulated phishing exercises with deepfakes or interactive workshops where employees are trained to recognize red flags. There must be quick internal reporting mechanisms so that employees can reach specialized IT teams as soon as a threat is detected.
About John Cranmer
John is a specialist in the Hg Value Creation Technology team. Prior to joining Hg, he spent four years leading cyber security functions at both HS2 and Go-Ahead Group. — John graduated from the University of Birmingham with a BSc in Physics and Astrophysics and moved into cyber security straight from university.
Hg Capital is a leading private equity investor in European and transatlantic software and services companies.
www.hgcapital.com