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Palo Alto Networks CEO warns companies need modern, integrated cybersecurity: ‘the bad actors are moving faster'

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Palo Alto Networks CEO Nikesh Arora told CNBC’s Jim Cramer companies need updated cybersecurity systems to protect against hackers who are quickly improving.

on Monday that companies need integrated, modernized cybersecurity systems in order to protect themselves from"bad actors" who are getting faster at gaining access to sensitive information.

Arora said the problem isn't that companies lack cybersecurity vendors. Rather, their security infrastructure may consist of a complicated assortment of vendors, some of which are outdated. "Listen, you need to have a two, three-year roadmap to try and modernize all of that. Put that in some sort of an AI stack, so you can actually do this in more real time. Because, the bad actors are moving faster," he said. It used to take days to hack into systems, Arora added, but now it can occur within a matter of hours.Sign up for NBC LA newsletters.

"It's important for us to make sure we're ready to deflect the stuff in hours, not in days," Arora continued."And that requires sort of a modernization. It doesn't necessarily mean you have to spend more money. t just means you have to spend it smartly."

 

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