"Ransomware is the Third-Biggest GDP" | Brett Taylor, SentinelOne @ Tech Show London 2023

Published on
13/03/2023 05:08 PM
Link to video on Youtube

The EM360 team was at Tech Show London 2023 to interview business leaders and industry experts about everything Enterprise technology – from AI to cybersecurity to data. 

On Wednesday spoke to Brett Taylor, Account Technical Leader at SentinelOne about the current state of cybersecurity and the challenges businesses are facing when it comes to protecting their data in the ever-evolving threat landscape. 

Ransomware: the third biggest GDP in the world 

When asked about the importance of protecting digital assets and cloud environments, Mr Taylor explained that more and more companies are falling victim to ransomware campaigns – and the results have been devastating. 

“We're all under threat. If you look at the GDP of all the countries in the world, the biggest third biggest GDP is actually in ransomware. So it's really important. It's a growing business and it's becoming a business as a service model as we're moving into the next few five years. So It’s really important that we have the tools, the techniques, and the skill set to be able to address the threat that's coming at us thick and fast. 

“We obviously cover cloud environments with our endpoint protection, but we're also focused on hardware servers, workstations, laptops, mobile devices, and even storage. So we're an all-in-one proposition that enables you to view all those surfaces and provide consistent security using the same management console and the same technology.”

Attacks are using AI as a weapon. Companies must use it as a shield.

When asked about some of the biggest challenges shaping the cybersecurity landscape, Mr Taylor told us that malicious actors have begun exploiting recent advances in AI to conduct sophisticated attacks against their victims. 

“Attackers are automating a lot of their attack methodology and so as a business, we need to automate them as well. We also need to provide a rich context that is tied together by the technology tools so that we're not leaving analysts in a position where they're getting a stream of events constantly that they're unable to draw the relationship between.