Artificial Intelligence and Machine Learning, Events, Finance and Banking
Cybersecurity expert JC Raby talks about changes in the field and future prospects
Tom Field (security editor) •
May 20, 2024
With the rapid adoption of artificial intelligence, the hype cycle over the past two years has been “much more accelerated than we've seen with traditional market shifts,” says Managing Director and Head of Emerging Technology at JPMorgan Investment Banking. said J.C. Lavie. However, the rapid pace of application development and the drive to capture market opportunities has outpaced security advances.
Related item: From CNAPP to CDR: The path to future cybersecurity
“This is well beyond where the market is going to catch up from a security standpoint,” Lavie said. Starting with foundational technologies such as early firewalls in the late '90s, Raby's journey as a cybersecurity expert has paralleled the transition from basic protection to advanced AI-driven defenses.
“The speed with which threats enter the market and enter environments is incredible, and given the large number of attack surface management visibility that can be leveraged to mount a full-scale attack. , AI only threatens to accelerate that. . “You know the analogy of 'bear vs. outrunning your friend'? It's not easy. The bear could get you at the same time you get him.”
In a video interview with Information Security Media Group at RSA Conference 2024, Raby also said:
- Continuous transformation of cybersecurity tools, from early penetration tests to advanced AI solutions.
- Where venture capitalists are investing in cybersecurity and monitoring emerging trends.
- The role of mergers and acquisitions in shaping the future of data security as companies seek the next wave of leading technologies.
Raby has nearly 30 years of investment banking/M&A advisory and corporate management experience. His clients include large Fortune 500 acquirers and middle-market growth companies across industries such as cybersecurity, enterprise software, infrastructure software, media and technology, and e-commerce, with combined transaction value of several million yen. Reaches billion dollars.
