Dr. Eric Cole - Former McAfee CTO | No One Is Safe Anymore

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Success Story with Scott D. Clary 2h 0m 1 speaker 6 chapters transcribed 19 days ago
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Why are passwords considered the biggest security problem today?

Scott D. Clary 0:00
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Scott D. Clary 0:34
Remember, with Cohesity, it's about resilience everywhere.
Dr. Eric Cole 0:37
The number one thing that probably gets me the most frustrated, most upset, is people are still using passwords. If you're using a password today, your system is already compromised 95%. Because what most people don't realize is
Scott D. Clary 0:50
What if the biggest threats to our world weren't missiles or armies, but invisible lines of code? Today's guest has spent decades operating in the shadows of cyberspace, protecting governments, corporations, and critical infrastructure from attacks most of us will never see.
Dr. Eric Cole 1:04
Most people think cyber attacks are going after government and big companies. That was true five years ago. The current attack vector we saw over the last 18 months is that's too hard. Trying to break into the government is difficult. Breaking into individuals, simple and easy. If companies actually fire employees and replace them with AI, we're on a path where 30, 40 years, humans could be obsolete.
Scott D. Clary 1:26
Advised intelligence agencies exposed the psychology of hackers and revealed how fragile our digital systems really are.
Dr. Eric Cole 1:32
If I go in and create a deep fake against the president, it's currently on our laws. It's not illegal. How can we live in a country where somebody can create fake media and there's no penalty? The more decisions you make, the bad decisions almost become irrelevant. If you're afraid of making decisions and you're slow, you're gonna lose out to the competition every day.
Scott D. Clary 2:02
So, Eric, you are one of the most dangerous people in America. You can hack a nuclear reactor in 37 minutes. You've advised presidents and billionaires. You've built a company to billions. You've had multiple exits in the uh high seven figures. But your personal biggest fear isn't foreign adversaries. It's not cyber criminals. It's people like me and a lot of my listeners who are walking around completely defenseless in this digital war zone that they don't even know exist. And you've said before that we're all targets. But most of us are easier to hack than a nineteen nineties Windows computer. So When you look at one thing that people do every single day that frustrates you, that really just makes you want to scream, what is that thing that people are doing?
Dr. Eric Cole 2:52
The number one thing that probably gets me the most frustrated, most upset is people are still using passwords. I mean, p passwords I say are so outdated. If you're using passwords, you might as well go back to the 80s, put on bell bottom pants, and listen to the BGs. I mean, nothing gets the BGs. I love my music, but it is so archaic and so easy to crack. If you're using a password today, the probability that your system is already compromised is close to 95%. Because what most people don't realize is today's attacks are stealthy. They want to get into your account, monitor it, and most people think, Oh, they want to wipe out my entire bank account. No, what they want to do is steal eight to ten dollars a month from you and do that for years upon years.
Dr. Eric Cole 3:42
And just think about it if you went to a restaurant and you bought a meal and you put the tip on there, if some If somebody added five additional dollars to that, you probably wouldn't notice. You'd never know. Most people don't check the exact amounts at the end of the day. If there was an additional $7 charge on your credit card, most people don't notice that because today, with all of our online apps, we're always doing small purchases.

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