Cybersecurity spending continues to grow: Arctic Wolf CEO

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Arctic Wolf has released its new Human Risk Report today, which analyzes some of the top cybersecurity risks facing companies. Nick Schneider, Arctic Wolf president and CEO, joins Asking for a Trend to discuss the state of cybersecurity ahead of the 2024 presidential election. Schneider calls the election "an event that sparks a lot of interest from bad actors." He notes that some are using the election to spread disinformation and influence Americans into doing things they might not otherwise do because of the tied emotions and importance. He points to bad actors leveraging AI for phishing campaigns as an example. These bad actors could be other nations, criminal gangs, or individual actors, according to Schneider. He explains, "I think during an election year or any time there's an event that has a significant interest in the public sphere, you're going to get increased interest and increased activity from the bad actors, both against businesses, but also against individuals, and kind of where those two meet or intersect is also additional risk to individual organizations." He notes that Arctic Wolf specializes in security operations to protect organizations from threats, help them understand their cybersecurity vulnerabilities, and ensure that they have a plan for incident response. As AI becomes increasingly adopted, Schneider believes it will pose a new dynamic for the industry: "There's an interesting intersection between its ability to increase the effectiveness of the

Published 2024-10-20 · Watch on YouTube ↗
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