“Carbon Black is analyzing 500 billion security events across the globe every single day,” says Carbon Black CEO Patrick Morley. “Of course, you can’t do that with people. You have to do that with a number of techniques. We certainly leverage the compute capability of the cloud. Then we apply AI and machine learning models to that. It allows us to see patterns across the globe that help many many companies stop the bad guys.”
Patrick Morley, CEO of Carbon Black, discusses how their company uses AI and machine learning to analyze in real-time 500 billion security events daily in an interview on Bloomberg Technology:
China is the Number One Nation Driving Cyber Attacks
As a cybersecurity company, we have an interesting relationship with certain nations around the world. This is particularly true with those that are very active from a cyber standpoint. China, in particular, has statistically been shown to be the number one nation across the globe that is driving cyber attacks. So our relationship with China is a different relationship than many other public companies across the globe. We don’t actively sell into the market because we are helping many companies actually protect themselves from attacks that are generated out of China.
As I tell all of our employees we are building a company for the long term. Our stock is going to be impacted by things we control and many things we don’t control. When I look at my app and I see red everywhere it’s certainly disturbing. Obviously, that will impact companies that are going to buy my product eventually. If that has an impact on other public companies and private companies, it will impact us eventually.
Cyber is One of the Most Interesting Spaces in Tech
We gave (investors) a consistent outlook in Q2. Analysts reacted positively which is good. Again, we are building for the long term a company that matters in cyber. I think cyber is one of the most interesting spaces in tech right now because of everything around us. We come back to cyber again and again.
If you look at all the news about Facebook cyber is in it. If you look at some of the geopolitical issues in Europe and in the U.S., cyber comes in. It’s an important area and we are a new guard of companies helping to change it and make it better and more effective for companies. We are building value around the company.
Uses AI to Analyze 500 Billion Security Events Per Day
Some of those (competing) providers (such as Cisco and Fortinet) work in a different part of the market than we do. It’s a big market. It’s a $100 billion market that’s going through fundamental change. We do provide a platform that does compete (directly) with some of the traditional players such as Semantic and others. The way we compete is we are based on one core principle. If you look at where the long term trend of where the world is going you need to leverage the power of data in order to figure out what’s happening. We leverage data in a way that allows us to see and to stop the adversary in ways that traditional products can’t.
Carbon Black is analyzing 500 billion security events across the globe every single day. Of course, you can’t do that with people. You have to do that with a number of techniques. We certainly leverage the compute capability of the cloud. Then we apply AI and machine learning models to that. It allows us to see patterns across the globe that help many many companies stop the bad guys.