Firms have mere hours to deflect cyberattacks, warns cybersecurity CEO

Palo Alto Networks CEO Nikesh Arora has urged companies to modernize their cybersecurity systems, cautioning that bad actors have become much faster at breaching company defenses than ever before.

Speaking to Jim Cramer on CNBC’s Mad Money on Aug. 21, the cybersecurity firm CEO said that companies with outdated security systems need to take particular heed, as cyber criminals are only getting faster.

“It’s important for us to make sure we’re ready to deflect the stuff in hours, not in days,” Arora explained.

He stressed that outdated cybersecurity solutions need modernizing, and even suggested that artificial intelligence could be put to the task.

In June, ChatGPT creator OpenAI announced a $1 million cybersecurity grant program to enhance and measure the impact of AI-driven cybersecurity technologies.

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Source: Coin Telegraph