Threat Intelligence Is a Board Question, Not an IT One

Episode Summary

Most executives now understand that deploying AI creates new threat vectors. Threat intelligence is a different discipline from knowing what those threats are. Staffan Truvé, co-founder and CTO of Recorded Future, defines it as the outside-in view: what an attacker can learn about your organization by observing it from the outside, set against what that attacker is both capable of and motivated to do. His company tracks roughly 5,000 threat actors on exactly those two axes, and the ones worth your attention sit where high capability meets high intent. The conversation moves from who owns this inside a company, which is usually the CISO but arguably the board, to what it costs, which is 5 to 10 percent of the IT budget, to the two kinds of AI-enabled attack now emerging: the ones aimed at our systems, and the ones aimed at our brains.

Key takeaways

  • Threat intelligence is the outside-in view. Not what your monitoring sees, but what an attacker can find out about your mail and web servers, your tech stack, your personnel and your locations just by watching from outside

  • Relevance is capability multiplied by intent. Capability is readable from the malware an actor uses and what it has attacked before. Intent is estimated by how closely you resemble its previous targets. Recorded Future tracks about 5,000 actors on both axes

  • The buyer is usually the CISO, but the question belongs to the board. Risk reduction is the board’s job, and what finally got it onto board agendas was watching peer companies get hit by ransomware

  • Budget roughly 5 to 10 percent of IT spend against this, adjusted for risk appetite. It is sized in relation to the IT budget rather than as a dollar figure, the same way a CISO budget is

  • The single contract term that matters with a foundation model provider is that they may not train on your data. Information can be extracted back out of trained models in practice, whatever the assurances say

  • Vibe coding moves the work from writing code to inspecting it. Chaining ten probabilistic black boxes compounds the randomness, which is what breaks conventional regression testing

  • AI-enabled attacks come in two kinds: attacks on our systems, and attacks on our brains. The second, meaning influence operations, phishing and deep fakes, is where attackers are moving fastest right now

About Staffan Truvé

Staffan Truvé is co-founder and Chief Technology Officer of Recorded Future, the threat intelligence company he and his co-founder began planning in 2007 around the idea of organizing the internet for analytics rather than for search. He has worked in AI in one form or another since the mid-1980s, starting with expert systems, then a PhD in computer vision, then years on information visualization and analytics. The company began in geopolitical risk analysis and moved into cyber threat intelligence about five years later, when customers started raising it, and it now tracks roughly 5,000 threat actors ranging from nation states to ransomware gangs. Alongside the commercial work he has taught at university and runs academic collaborations, including projects with the Royal Institute of Technology in Stockholm on AI-based red teaming that feeds real threat intelligence into automated attack simulation.

 

In this episode

00:42 Welcome and guest introduction
01:13 Where AI meets threat in the cybersecurity stack
01:36 Seventeen years of using AI on both sides of the problem
01:56 Expert systems in the mid-1980s, then a PhD in computer vision
02:17 Why 2007: the iPhone, AWS and the first deep learning papers
03:00 Organizing the internet for analytics, not research
03:25 From geopolitical risk to cyber threat intelligence
03:51 The internet of agents, and Ramesh Raskar’s NANDA project at MIT
04:19 Three phases of AI at Recorded Future
04:49 Managed autonomy as the phase now beginning
05:20 Why threat intelligence is more than knowing the threats
05:51 The outside-in view: what an attacker can see
06:26 Your vulnerabilities on one side, actor intent on the other
06:52 Tracking about 5,000 threat actors
07:11 Reading capability from the malware an actor uses
07:31 Opportunistic gangs against actors with a defined intent
07:59 Capability and intent together, and what to patch first
08:40 Who owns this: CISO, CIO, CEO or board
09:24 The case for putting it in front of the board
09:55 Why boards are a hard audience to reach
10:17 Ransomware as the thing that got board attention
10:38 A preventive measure, and reducing the blast radius
10:57 Why banks are the most mature, and why regulation is the reason
11:29 Healthcare as a primary ransomware target
11:46 The two-stage ransomware model: lock, then steal and expose
12:35 What percentage of budget this needs
13:08 Five to ten percent of the IT budget
13:40 What executives outside security can actually do
14:10 Caution about what you share with external AI services
14:31 The contract term: no training on your data
14:59 Extracting information back out of a trained model
15:02 Information security hygiene and upload policy
15:41 Guidance for people doing vibe coding
16:11 From writing code to inspecting the AI’s code
16:31 Automating the security checking, and testing probabilistic systems
16:53 Ten black boxes in a chain, and compounding randomness
17:19 What happens to regression testing
17:28 The framework session at the AI Realized Summit
17:46 An OpenAI tool for finding vulnerabilities in code
18:06 Collaborating outside the company
18:16 AI-based red teaming with the Royal Institute of Technology
18:37 Feeding threat intelligence into an attack simulation
19:22 Why corporate collaboration beats standards bodies
19:44 The problem with standards: once they are set it is too late
19:50 MCP as the example, and what it left out
20:23 Why security keeps arriving last
20:47 Two kinds of AI-enabled attack
21:04 Attacks on our brains: influence operations, phishing, deep fakes
21:24 Detecting an AI-generated face on a video call
21:43 The evil hackathon
22:05 Reading a factory’s control systems off its own brochure photos
22:50 Not yet seen in the wild
23:02 AI-generated polymorphic malware
23:34 Could behavioral detection catch it
24:30 The arms race, and bots that learn your typing pattern
25:00 Voice patterns
25:06 The defender’s dilemma
25:35 Rethinking authentication
26:08 How long before today’s defenses stop working
26:30 Why attackers have not needed the next generation yet
27:05 The OpenAI Atlas browser
27:24 A browser that sees every single thing you do
27:42 Why running it in a container does not solve it
28:17 What individuals bring into a company inadvertently
28:51 Start with training, especially on information leakage
29:16 Being careful about which tools you allow
29:54 Key takeaways
30:06 Tech optimism with a devil’s advocate attached
30:31 Resources
30:39 The Record, and the Click Here podcast
31:20 Leadership: curiousness with a skeptical mind
31:57 Wrap-up

In Staffan’s words

“Essentially, if you’re concerned about someone attacking you in some way, what do they know about you? What can they find out by just observing you from the outside?”

— Staffan Truvé   (05:51)

“If you see enough of your peers being attacked and suffering tremendously, then all of a sudden it does become a board level question.”

— Staffan Truvé   (10:30)

“It’s really to ensure that you have your contract set up so with whatever, let’s say, foundation AI model provider you’re using, that they are not allowed to train on your data in any way.”

— Staffan Truvé   (14:31)

“You move from writing code to actually inspecting the AI’s code.”

— Staffan Truvé   (16:11)

“There are two kinds of AI-enabled attacks. I sometimes think about them as the attacks on our brains and the attacks on our systems.”

— Staffan Truvé   (20:47)

“People like to talk about the defender’s dilemma, the fact that if you’re a defender, you need to succeed every time, whereas if you’re an attacker, you only have to succeed once.”

— Staffan Truvé   (25:06)

“Given that it’s very easy to become enthusiastic, I think trying to play the devil’s advocate and carefully think about what risks come with every opportunity is a good mindset to have.”

— Staffan Truvé   (30:16)

 

Resources

Staffan Truvé and Recorded Future

•    Staffan Truvé on LinkedIn: linkedin.com/in/staffan-truv%C3%A9-51539

•    Recorded Future: recordedfuture.com. Threat intelligence, tracking roughly 5,000 threat actors across nation states, ransomware gangs and smaller operators

What he points listeners to

•    The Record: therecord.media. Recorded Future’s news publication, covering both geopolitical and cyber threats

•    Click Here: therecord.media/podcast. The podcast he recommends above everything else, on the grounds that it gets the attackers themselves to talk about how they operate

Ideas and frameworks discussed

•    The outside-in view: His definition of threat intelligence: what an attacker can learn about you by observing from outside, covering externally visible servers, your tech stack, your personnel and your locations

•    Capability and intent: The two axes he scores threat actors on. Capability comes from the malware they use and what they have attacked before, intent from how closely you resemble their previous targets. The intersection is your real threat landscape

•    Managed autonomy: His name for the phase after summarization and report writing, where the tasks get automated at scale and the open problem becomes control mechanisms for large networks of agents

•    The defender’s dilemma: A defender has to succeed every time, an attacker only once

•    Attacks on our brains and attacks on our systems: His split of AI-enabled attacks. Influence operations, phishing and deep fakes on one side, reconnaissance and polymorphic malware on the other

•    The evil hackathon: A week his team spent trying to use AI for bad. The standout result was identifying a factory’s control systems from photographs the company had published in its own brochures

Named on air

•    Ramesh Raskar, MIT: The NANDA project on the internet of agents, which Christina raises as a parallel to organizing the internet for analytics

•    Maher Hanafi, Betterworks: Named as presenting a framework at the AI Realized Summit. He is also the guest on episode 12

•    Royal Institute of Technology, Stockholm: The academic collaboration on AI-based red teaming, combining automated attack simulation with threat intelligence

•    Model Context Protocol: His example of a standard developed fast and adopted widely, with authentication and security added afterward rather than designed in

Related AI Realized episodes and events

•    Your AI Agent Is Not the Risk. Its Authority Is.: Yogita Parulekar on delegated authority, which is the control problem Staffan raises when he talks about managing large networks of agents.

•    AI Governance as Code: From PDF Policies to Pipelines: Ken Johnston and Bob Rapp on controls that run in the pipeline, the same move as automating the security checking rather than writing it down.

•    Connecting AI Agents to Live Enterprise Data: Deepti Srivastava on the gap between probabilistic models and dependable data, which is the testing problem from the data side.

 

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