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Palo Alto Networks CEO Nikesh Arora said Tuesday that AI is forcing companies to overhaul roughly $1 trillion of aging cybersecurity infrastructure built for a pre-AI world. “Nothing that was deployed seven or 10 years ago is prepared or ready to handle AI at machine speed,” Arora told CNBC’s Jim Cramer on “Mad Money.” “You have to rethink your cyber architecture.” Palo Alto’s earnings report on Tuesday suggests that urgency is already translating into business. The company beat fiscal fourth quarter estimates and issued a strong outlook for its new fiscal year. Cramer’s Charitable Trust, the portfolio run by the CNBC Investing Club, owns Palo Alto and cyber peer CrowdStrike. Arora expects the opportunity to grow as AI allows attackers to find and exploit vulnerabilities faster than ever before, forcing companies to modernize security defenses that weren’t designed for automated threats. “You cannot deploy AI successfully if you don’t get cybersecurity right,” he said.
Full report : Palo Alto CEO Warns of More Breaches From Rogue AI Agents.