CNBC Overtime’s Post

Transcript

For more on the outage and the fallout, let's bring in Cohesive CEO. Sanjay ****** is a former Chief Operating Officer at VM Ware. Also with us is Michaela is Chief Technology Officer at Secure Works and the former Chief Information Security Officer at Goldman Sachs. Guys, you guys know this space as well as anyone better, even Mike, starting with you, Secure Works services, small and medium business. In what ways were you getting customer reaction to this? And does it at all? Change this mindset. I was hearing more about around consolidation. Boy, we just wanna deal with one of these platforms like maybe a crowd strike versus having multiple point solutions. Look, we've been actively supporting customers that have been affected by the outage, monitoring their other security telemetry. While they don't have access to that endpoint telemetry. We it's important that we believe they've got multiple layers of security from endpoint to network to e-mail to identity. To your comment about consolidation, we believe this is an opportunity that's going to cause companies to think about their endpoint strategy. Overall, we believe that vendors and platforms that take open approaches are well positioned as organizations reevaluate their endpoint strategy over the coming weeks. The core component of what we do here with our strategy is to be open without compromise, meaning we make it simple to deploy and work with almost any combination of security controls and vendors. And we work on eliminating the complexity and give customers maximum flexibility as they evaluate the changing landscape. And Sanjay, you there at Cohesity Backup and Recovery Storage, I have a lot of customers both in the security space and just affected by this. What were you hearing today from them about the scale? Of this outage and how it might change the way companies need to engage with the enterprise going forward. Yeah, Thank you, John, for having me. Listen, this is a a tough day. Very rarely do you have a system issue that causes a blue screen of death that's so pervasive. I've been talking to CIO C SOS today, including Microsoft execs and George Kurtz himself. We're close partners with Crowd Strike. And my years of VMware taught me that whenever you've got invasive software that touched the operating system, we Hammer was one of them. And now you're starting to see how critical Crowd Strike is. Those responsibilities come with a great amount of accountability. I'm glad that George only earned it here. That what we've been doing is just focused on a keyword resilience. I think this is a lesson of how when these things happen, this was non nefarious, but it could be nefarious next time we need to find a way by which we could recover systems. There's ways by which we can do this in a lights out management that I think the industry reflect on. How do we make sure that we don't have to have a manual recovery of many of these windows systems like the airlines, the hospitals all had to. And then the data recovery part. We do, you know, a cohesive very well we've been helping. But before you even get to data recovery, which we do well, you've gotta get the systems up, and there's gonna be a lot of reflection from Microsoft and Crowd Strike and many of the other players in this ecosystem. It doesn't happen on Mac and Linux, but we've gotta make these systems a lot more resilient. Michael, we, we talk a lot about the resiliency or maybe lack thereof of the physical supply chain, but when we talk about the software supply chain should be having the same conversation. Absolutely. So as a security company, we actually think of security as a subset of resiliency. The cause of an outage doesn't really matter to the organization. It doesn't matter if it was caused by ransomware, a bug and operational outage, They're still down. So in cases where we worry about physical supply chain infrastructure, upstream vendors, whether they're security or other vendors, are important as you think about your overall resiliency strategy as a company.