BIZTECH: What was your initial reaction to the news of breakthroughs around generative AI such as ChatGPT?
Farshchi: My first thought was, “Man, this is really cool! There’s a lot of opportunity here.” But as a security guy, my next thought was that it’s going to generate some risks for us Social engineering is going to get really bad, and I think there will be a whole host of additional risks that will manifest themselves over time.
Titus: To be honest with you, it struck fear in my heart. The threat actors have gotten more sophisticated and better at what they’re doing. This is going to take them to a new level. Our industry has gotten a lot better about reacting very quickly to changes in the behavior of threat actors. So, I’m interested to see what will come out of the cybersecurity startup community.
Green: The generative AI stuff pops up and it’s like, “Oh, man! We’ve got to work on that, but the financial services sector can’t take as long to think about it as we did with cloud.”
The speed of availability to everybody, that was a surprise. And then, “Wow, we’ve got to get in front of this so that we can use it appropriately.” There’s a lot of goodness that comes with it, but then there’s also the opportunity for badness.