Vasu Jakkal, CVP of Microsoft Security, told media that security is the world’s top priority and problem right now since we live in the most complex threat landscape in history. The number of attacks has increased everywhere, she claimed.
“Just in 2021, we had 579 attacks per second (when it comes to identity or password-related attacks), and that number now is 7000 attacks per second,” she said.
“That’s a 10x increase. We’re seeing that human-operated ransomware is also on an exponential rise, with a 275% increase in ransomware from 2022 to 2024. And cybercrime as an anti-ransomware economy is costing the world $8 trillion every single year.”
Jakkal stated that ‘defenders’ throughout the globe are dealing with extreme operational complexity because it’s a disjointed ecosystem with a lot of tools that they must use to piece together and deduce the insights. The fact that there is a severe lack of cybersecurity specialists in general makes matters worse.
“There’s four million jobs, which is a gap globally for cybersecurity, and then with the constant regulations, we’re tracking 250 regulatory updates per day,” she said. “It’s just getting harder and harder for organizations to keep up and to stay ahead. We (Microsoft) believe that security is of utmost importance and probably the number one problem that we need to tackle.”
According to her, Microsoft detects 600 million consumer attacks daily. Additionally, their strategy makes use of AI tools, threat intelligence, and all-encompassing protection across categories. She underlined that one of the best applications of generative AI is security, and the company’s generative AI product, Security Copilot, is being widely used.
“We do believe that with Copilot for security and securing AI, we can fundamentally dip the balance in favour of defenders everywhere,” she said. “Generative AI is probably the tool that is going to tilt the balance in favour of defenders, but attackers are also going to use AI. This is the reason we’ve got to use AI for defense as well, because we won’t be able to keep up if we don’t do that.”
According to Jakkal, a significant portion of the company’s $20 billion five-year R&D investment will go towards Microsoft’s operations in India. Her words, “We are doubling down in India,”We see a lot of demand and a lot of need for our customers, and then we are also increasing our collaboration. We’re not just hiring and expanding but also have partnerships that we are expanding and investing in. Then we are working with the customer security officers across the board to really deepen our community as well.”
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