Kiwi News - handpicked web3 alpha

@hrkrshnn

Some thoughts on Mythos, cybersecurity, and the next 12 months ahead. Anthropic made an incredible announcement this week. Their new model is so good at hacking that they think it's irresponsible to release it to the public. This was followed by both panic and skepticism. Anyone who has data or money worth protecting is panicking and wants to make sure their software is defended before the attackers get them. There's also a large number of skeptics, including very senior cybersecurity professionals. Where am I at? I run a cybersecurity company that works with highly targeted companies; our customers like Coinbase or Uniswap are targeted because of the prize. Hackers get to steal funds if they're successful. The other prize that hackers go for is data. In today's era, data has suddenly become liquid because AI labs want more and more data to feed this insatiable super-intelligent machine that's being built. Three recent hacks illustrate where this is going. 1. A Chinese government agency was hacked, and 10 petabytes worth of data is being offered for sale by hackers. 2. Mercor, a Silicon Valley data company, was hacked, and hackers stole ~5 terabytes worth of data. It's speculated that Mercor paid the hackers and took it off the market. 3. Drift, a crypto trading platform, was compromised by North Korean threat actors and lost $285 million. If you're following cybersecurity, you'll see this trend is only going to increase this year. We've seen the increase in capability early last year and have been building an autonomous bug hunter named Apex. Around January, we realized that code security as we know it is on track to be solved. There's still a tremendous amount of work left, but we see a clear path ahead of us where the problems in front of us are engineering problems. Apex has already found and saved security bugs, if exploited, would have resulted in losses over $100B in value. Where do I stand? Anthropic isn't bluffing: the capability with the new models are increasing at an alarming rate. If you are someone with money or data to protect, this needs to be your #1 priority this year. We're entering a time of intense turbulence.