MUCH MORE. LET'S BRING IN VINCENT PAULET, THE CEO OF CYBERSECURITY COMPANY GEN DIGITAL. GOOD MORNING.GREAT TO SEE YOU AGAIN. >> GOOD MORNING FRANK. GOOD MORNING TO ALL OF YOU.>> ALL RIGHT. SO 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 THEM, THEY'RE GOING TO COST CONSUMERS ABOUT $15 BILLION THIS YEAR. HOW SO.WHAT AREAS ARE WE BEING IMPACTED THAT'S COSTING US THAT MUCH MONEY. >> DEFINITELY. AND MOVING FOR ...

AI is about intelligence. If you have to build intelligence, open models need to exist. Open models gives us the ability to extend and to fine tune these models in order to meet the requirements for specific workflows in specific industries.Open source AI models give you more visibility into what's happening, into the reasoning itself, as well as more customizability. And CrowdStrike is on a mission to stop breaches, so we protect the world's largest and most sophisticated companies against cyber attacks. T ...

Key Findings - An AI, specifically from XPO, tops HackerOne's US leaderboard, marking the first time a machine achieves this [1][2] - Cyber attacks are increasing, and software vulnerabilities are growing due to more engineers and code development with AI, which is trained on vulnerable open-source software [3][4] - CISOs and CIOs are seeking consolidated cybersecurity solutions, indicating a market need for platforms like XPO that can find and automatically fix vulnerabilities [4][5] XPO's Strategy and Capabilities - XPO aims to build a cybersecurity platform that helps find and fix vulnerabilities automatically, emphasizing the importance of defense tech in the current landscape [5][6] - XPO's AI identifies vulnerabilities in top companies like Palo Alto Networks, AT&T, Disney, and Sony, with these companies proactively fixing the issues [7][8] - XPO is focused on speed to stay ahead of cyber threats, emphasizing the need to secure perimeters before attacks occur [9][10] Market and Investment Perspective - AI is significantly impacting various fields, including defense, cybersecurity, customer service, and software engineering, reinventing large industries [12] - XPO aims to enhance the performance of cybersecurity professionals and automate mundane tasks like reconnaissance, scanning, exploitation, and reporting [13] - XPO is focused on working with top companies in sectors with the greatest security needs, such as financial services and healthcare [15]

Digital Twin Technology - The core concept is the "digital twin," a personalized cyber security system that mirrors an individual's online presence and habits to proactively protect against cyber threats [2][7][8] - Digital twins learn user habits and internet activities to protect digital information, preventing identity theft and data breaches [8][9] - Unlike general security solutions, digital twins offer personalized protection based on individual online behavior [10][11] - A real-time example illustrates how a digital twin could prevent financial fraud by detecting and stopping abnormal account activity [12][13][14] Cybersecurity Landscape - Individuals spend an average of 6 to 7 hours daily online, increasing vulnerability to cyber attacks [2][3] - The internet, while providing access to information, also increases vulnerability to cyber attacks, identity theft, and financial fraud [4][5] - Current protection methods include strong passwords and multi-factor authentication, but digital twins offer a more advanced, personalized approach [6][7] Challenges and Risks - Trust and privacy are key concerns, as digital twins require access to extensive personal data [14][15] - Users need control over what data is shared with the technology to mitigate risks [15] - The Chat GPT and Samsung examples highlight the risks of data breaches associated with new technologies [15] Future of Cybersecurity - The future of cyber security is personal, emphasizing individual responsibility for data protection [15][16] - The industry should focus on developing personal systems and habits to protect data [16] - Vigilance and proactive measures are crucial to avoid becoming victims of cyber attacks [17]