Arvind Parthasarathi on Building Resilient Cybersecurity with Cygnus

Hello, everyone.

I'm Arvind Parthasarathi.

I'm the founder and CEO of Cygnus.

And in case you're wondering about the funny spelling, the idea for the company came out of the fact that a cyber crisis is a lot like a black swan event.

And Cygnus means swan in Latin.

And so we thought, oh, go get Cygnus.com and name the company.

But there's somebody who owns Cygnus with a U.com and they wanted something like half a million dollars for it.

And so we were not going to pay that.

So Cygnus with a V was $8.

And so almost as a joke, we started with this.

And today, 3,000 customers later, everybody loves the name and the V.

And actually, if you get your license platform, you get a T-shirt that says Cygnus, easy to use but hard to spoke.

With that, let me just jump right into it.

And I think we are in an age of AI where which is sort of accelerating, I think, a trend that we've been seeing before this.

And the trend is that we've always been seeing phishing attacks and deepfake attacks and cybercrime usage of cybersecurity always increase.

And I've been in the cybersecurity business for 15 years, and every time we would see double digits, sometimes mid-double digits.

I've never been in the space where I see four-digit increases in attacks.

And I think that's primarily because of the fact that the threat actors are leveraging AI in a way that is very, very significant and accelerated compared to the defenders.

And I've never seen these numbers go up.

You're over here 680% or 1,200%.

And what that's resulting is the successes of these attacks are now increasing at four times what they were.

So customers and organizations across the world are just having more and more major incidents.

And we see this from quotes from, you know, this one is from Marsh.

And not only are you, you know, a major incident, but something that you would have maybe once a year.

And that day became once in six months.