Josh Jacobson | Source | Director, Professional Services at HackerOne

Josh highlights that AI is lowering the barrier for cybercriminals, making attacks more sophisticated. He emphasizes the importance of employee education and engaging security researchers to mitigate risks. As AI advances, it creates new vulnerabilities, but also offers tools for defense. The cybersecurity community must collaborate to address these evolving threats.

Josh notes, “Ransomware groups' 'customer service' has diminished, making it cheaper and easier for organizations to absorb the damage and start over.” He adds that while a ban on ransomware payments could reduce attacks, it might also criminalize victims in critical situations, like hospitals.

Josh explains, “Digital wallets are not inherently more secure than other payment methods. The key is robust implementation.” He highlights that major providers like Google Pay use tokenization, where each transaction uses a unique code, adding a layer of security.