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Motley Fool Hidden Gems Investing

More AI = More Cyberthreats

Motley Fool Hidden Gems Investing

The Motley Fool

Investing, Business

4.33.1K Ratings

🗓️ 5 May 2024

⏱️ 36 minutes

🧾️ Download transcript

Summary

The number of data compromises last year increased by 78% from just 2022, according to the 2023 Annual Data Breach Report. One primary reason for this increase? Artificial intelligence. “This Week in Tech” co-hosts Tim Beyers and Tim White discuss the rise of cyber threats, and what it means for companies like Microsoft, Crowdstrike, and Zscaler. They also discuss how these breaches work, and what you can do to protect yourself and your family. Members of any Motley Fool Service can watch “This Week in Tech” at 10:00 am ET on Fridays, or any time at the Fool Live replay hub: https://www.fool.com/premium/live/replayhub?cat=fool-live-full-shows  To become a Motley Fool member, head to www.fool.com/signup Companies mentioned: MGM, UHC, MSFT, NVDA, CRWD, OKTA, ZS, T, DDOG, ACN Host: Tim Beyers Guest: Tim White Producer: Ricky Mulvey Engineer: Tim Sparks Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Nothing is more difficult as a techie than trying to convince a VP of software who wants to get a bonus that you should spend a whole lot more money replacing routers that work perfectly fine, but literally can't be patched anymore and probably have been taken over and

0:14.4

are being used as a botnet to attack yourself. You really have a difficult time

0:18.5

doing that and those sorts of infrastructure upgrades I think in this year in

0:22.1

particular are extra

0:23.4

difficult because every CEO has been absolutely wild on spending everything they

0:28.5

can on AI instead of on infrastructure upgrade.

0:38.0

I'm Mary Long and that's Tim White, a techie at the Motley Fool. He and Tim Byers are co-hosts of This Week in Tech,

0:41.0

a show on Motley Fool Live,

0:43.0

our members-only live-stream channel.

0:45.0

About a week ago, my colleague Ricky Mulvey

0:47.2

asked Tim and Tim if they wanted to do a show

0:49.3

about the ripple effects of AI.

0:51.1

The consequences we aren't thinking about.

0:53.4

They came back with one word, cyber war.

0:56.3

On today's show, the Tim's walk through the implications

0:58.7

that artificial intelligence has on cyber threats.

1:01.4

And what that means for you as a citizen an internet user and an investor

1:05.9

as a heads up today's show runs a little bit longer than our normal weekend shows

1:10.0

so as a result we won't have a show tomorrow.

1:13.0

Enjoy today's conversation and we'll see you Monday, Fools.

1:16.0

The Cyber Wars are heating up,

1:22.0

and I'm going to see you up with a statistic that you pulled down that I think

...

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