Frank Holland (Anchor) 00:00.070
i want to start off with the consumer impact if you don't mind according to your research and your data breaches hacks whatever you want to call and they're gonna cost consumers about fifteen billion dollars this year how so what areas are we being impacted this costing us that
Frank Holland (Anchor) 00:12.710
much money
Vincent Pilette (CEO) 00:14.270
definitely and and moving forward i think two thousand twenty six will be that year where the human intuition if you want will be behind the digital world all powered by AI the line between reality and and and fake will become harder to trust and to judge and so human
Vincent Pilette (CEO) 00:32.790
verification for consumers will be absolutely essential you'll see the online truth and trust awards synthetic identity scraping your personal data combining that with big data together fake AI powered persona to to create financial damage will be all over the consumers just in
Vincent Pilette (CEO) 00:54.350
these seasons we've now right now blocked a hundred and forty thousand AI powered e-commerce fake websites and that's all around attacking the the consumers and trying to tap into their world OK
Frank Holland (Anchor) 01:06.870
do your enterprise customers face some of the same challenges and look at some of the names or some of the biggest names in business there's amazon there's city there's rocket there's capital one a lot of big name companies a lot of us rely on for you know services buying things
Frank Holland (Anchor) 01:20.910
getting access to our money et cetera what kind of threats and and issues are they facing is it similar to the consumer
Vincent Pilette (CEO) 01:28.430
definitely so first of all we are protecting the consumer all about the consumer but you are right that companies that you mentioned will face a continued increase in cyber attacks they'll be bigger they'll be more sophisticated they'll become systematic exploiting this broader
Vincent Pilette (CEO) 01:44.510
surface now around AI supply chain financial system and i guess this common denominator between consumer risk and company risk is really the identity that's the new battleground between businesses where the attackers are really trying to increase their surface using AI and now
Vincent Pilette (CEO) 02:03.790
using generative AI to really attack consumers at scale being personal one to one relationship all right
Frank Holland (Anchor) 02:11.830
there's a lot of big cybersecurity companies out there and platformization is a trend where the cybersecurity companies they try to combine a number of services instead of being specialized i want to talk to you just about what your customers are saying to you about
Frank Holland (Anchor) 02:23.630
platformization and the impact on their business we have the outage from crowdstrike we have one from aws cuts everything down when you're talking to customers are they trying to diversify their vendors are they trying to diversify their solutions do they come to you to try to
Frank Holland (Anchor) 02:35.870
find some type of solution to mitigate something like that from happening again
Vincent Pilette (CEO) 02:39.950
so platformization is definitely a trend and that's because the threat landscape is very dynamic it can change from attacking a device to attacking a user attacking an identity trying to to breach your your privacy and so having a full visibility across the threat landscape and
Vincent Pilette (CEO) 02:55.190
providing an end to end solution is absolutely key all of the security vendors you've mentioned are focused on the enterprise and and maybe the SMB market we are focused on the consumer and we're following exactly the same strategy we're building a full comprehensive defense
Vincent Pilette (CEO) 03:11.270
around your personal digital footprint whether that is on text on voice on on the web
Frank Holland (Anchor) 03:17.390
but then how does that protect against a crowd strike or something like that happening does the footprint mean you can just bring all my my data and everything back up if we have an outage and how do you work around these outages when again platformization has led to such
Frank Holland (Anchor) 03:29.510
concentration of services where a crowd strike can just pretty much crash rate outage or update that doesn't go quite right i want to be clear it's not just crowd strike but can shut down just about everything
Vincent Pilette (CEO) 03:40.630
yes and and this is different for consumer the biggest risk is the data breach that will not happen with their personal data they have in their environment but will happen with a bridge into that enterprise environment that is protected by some of those security vendor you've
Vincent Pilette (CEO) 03:54.110
seen that there are still some some risk and you mentioned many breaches here as we started this this discussion and those data are being stolen put on the dark web then bad bad actors will scrape that creating fake identities and trying to fool you into giving personal
Vincent Pilette (CEO) 04:11.190
information we are doing exactly that so while the hackers are using AI to do all of those bad acting we're using AI to better predict where your risk will be how you how you data is sitting in the in the in the web and helping you clean up if you want your digital information
Vincent Pilette (CEO) 04:28.150
we alert
Frank Holland (Anchor) 04:28.830
you and then if we need breach we have insurance and restoration services