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Priya Kutcherlapati, NYSE, FIDS & ICC
In this episode of theCUBE's Cyber Security Leaders series, we explore cyber security leadership and innovative financing with Chainguard. The discussion features Dan Lorenc, founder and Chief Executive Officer of Chainguard, during the NYSE Wired program at the New York Stock Exchange CUBE Studio. Alongside John Furrier, co-founder and co-Chief Executive Officer of SiliconANGLE Media Inc., Lorenc examines the implications of Chainguard's recent $280 million funding from General Catalyst's Customer Value Fund and its impact on the company's growth strategy in evolving cyber security landscapes.
Lorenc offers valuable insights into Chainguard's pioneering approach to zero trust environments and open source security validation. The conversation, led by experts from theCUBE Research, highlights the significance of safe guardrails in cloud-native architectures and the convergence of AI and Kubernetes. As KubeCon approaches, the session examines the ongoing integration of AI, cloud-native technologies, and the enterprise focus.
Key takeaways from the discussion include understanding the impact of non-dilutive capital investments on Chainguard's scaling strategies, the accelerated convergence of AI and cloud-native environments, and the shifting responsibilities within development teams as AI tooling advances. Lorenc emphasizes the importance of establishing robust security frameworks and leveraging long-standing investments in development velocity to adapt to a rapidly changing tech landscape.
Business Information Security OfficerNYSE, FIDS & ICC
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John Furrier
>> Hello, I'm John Furrier with theCUBE. We are here at the New York Stock Exchange CUBE Studios for theCUBE on the East Coast. This is where all the actions happening. Of course, we have our West Coast Palo Alto Studios connecting Wall Street and Silicon Valley, and of course we cover all the enterprise events. This is our cybersecurity series where we talk to the leaders who are making it happen. Got Priya Kutcherlapati here, business information security officer at the NYSC and fixed income data service for ICE, International Content Exchange. Priya, thank you for coming on theCUBE for this special series, for the NYSC Wired program we put together here at the CUBE, so thanks for coming on.
Priya Kutcherlapati
>> Thanks, John. It's great to be here.
John Furrier
>> So, cybersecurity, obviously the threats are everywhere. You guys have a very strong pedigree at the NYSC and I've talked to the CTO, all the AI leaders, very impressive group. It's probably not well known, but you guys are very diligent on security for obvious reasons, NYSC and all the data services that you guys run, the other bunch of data businesses that you guys have. I know you guys are hardcore, so I want to first understand, take a minute to explain what you do.
Priya Kutcherlapati
>> Sure. So as the business information security officer for the New York Stock Exchange and fixed income data services, my responsibility here at ICE is to ensure that our systems, our people, our communications remain secure and operational because the markets depend on it.
John Furrier
>> The security is very high because high-frequency trading, we saw that flash boys kind of thing happened.
Priya Kutcherlapati
>> Yes.
John Furrier
>> But now data is highly available. There's all kinds of new trends happening. You've got polymarkets. I mean, data's everywhere, and also data feeds could be challenging what's in them-
Priya Kutcherlapati
>> Yes, that's our big business as well on the data services side.
John Furrier
>> Is it challenging? What's the big challenge that you guys have to always watch? What's the one thing that you keep your eyes on?
Priya Kutcherlapati
>> It's catching up with the innovation speed. So I was recently on a panel with Anthropic and they went on about how innovation is at speed and how we are all trying to catch up from a CISO perspective. So definitely AI, quantum computing, everything brings emerging risks and that's where we are focusing on just understanding how innovation is going and what the speed is and how we can catch up and understand what the threat landscape looks like.
John Furrier
>> I was talking to a friend the other day, Priya, and we're kind of old school and we're saying, back in the day when I was in college in the '80s, everything was the data processing department. It's interesting, everything's data processing now. You got the AI factories, you have all kinds of real-time activity, it's a global scale. And so you got to be fast, you got to be accurate and you got to be secure. This is what all the leaders are thinking about right now and it's one of those things where you constantly have to be on your toes and this is something that's very key.
Priya Kutcherlapati
>> For sure. Yeah.
John Furrier
>> What's the biggest thing you've learned over the past couple of years in today's current market, the modern era of data processing?
Priya Kutcherlapati
>> I think, John, Resiliency is at the core of everything that we do. So for us at the New York Stock Exchange, continuity and resiliency is what we invest in. So the people process technology, I think just having that continuity, investing in tools that not only tackle one problem, but multiple areas of that use case is where we've invested in the past few years and that's where we continue to see growth.
John Furrier
>> In all the recent outages, we saw the clouds go down, we saw AWS, Azure, you've recently faced the resilience challenge at ICE and NYSE with this global email outage, but you guys stayed resilient. I mean, I heard in the hallways here people talking about it, it keeps up and running. How did you do it? You guys maintained while everyone else was crashing and burning. If ICE goes down, a lot of bad things happen. Money is involved.
Priya Kutcherlapati
>> Yes. And you're on the floor, you see that billions of transactions happen and the markets rely on us. So during the recent global email outage that we've seen many organizations face major disruption, for us, it was a very different story. We had Proofpoint's Email Continuity service, which we had invested in early on, and we were able to pivot instantaneously. Within minutes of activating it, our IT teams were back up and running through the continuity environment. And it was definitely a real-world test of our preparedness that reinforced the fact that at ICE, NYSE, resiliency isn't theoretical, it was operational, cultural, and it's essential for maintaining that trust in the marketplace. I do also want to add, John, that Proofpoint was part of that story for us and helping us not only protect our communications but ensure that there was continuity. At the same time, global outages like these trigger spikes in phishing and spoofing attempts, and Proofpoint definitely helped block those in real time. And last but not least, I think compliance didn't miss a beat. And you understand from a compliance standpoint, we are highly regulated, and archiving and journaling stayed intact. So it was definitely all about the partnerships that we invested in as well.
John Furrier
>> Well, it's nice to hear ProofPoint. I mean, they're CUBE a alumni. They recently came on the CUBE, the CEO. Explain how this works because we can follow on ProofPoint. How were they involved in both the service and the response? Because it sounds like you had subscribed or you had a service with them. What was it called, the Continuity service?
Priya Kutcherlapati
>> Yes.
John Furrier
>> How did it all work?
Priya Kutcherlapati
>> I think ProofPoint's technology gave us the confidence and capability to maintain business continuity in the face of a global disruption. But it was for us more than just technology, it was partnership. Their team worked alongside ours to make sure that every safeguard was in place and that our people knew exactly how to pivot. So when the destruction happened, within a few minutes, we were able to turn on the Continuity service and emails kept flowing. And moments like these definitely test our infrastructure planning and culture. And our team exactly knew how to pivot fast. And for us, it proved that investments we've made in resiliency, readiness, and the right partners truly paid off.
John Furrier
>> That's a great story. I mean, it's one of those things where it's like the insurance policy, it worked.
Priya Kutcherlapati
>> Yes.
John Furrier
>> Thank God you guys put it in place. You talk about culture. I want to ask you, if you don't mind, some of the lessons you've learned, because obviously you guys do have a high bar, been following the work that the other teams at NYSE and ICE have been doing. You guys do have a high bar of resilience, but the culture, to see it early, what did you learn from all this?
Priya Kutcherlapati
>> I think like you rightly said, John, continuity is mission-critical for us at ICE. And resiliency at ICE and NYSE means uninterrupted markets, uptime equals trust for us. And with this outage, what we've learned that, especially with the partnership with Proofpoint, which strengthened that continuity with secure email, ongoing threat protection, and continuous compliance. And we've also understood where we should make our investments in. So, people, process, partners is what I call it, to resiliency is cultural and systematic, it's not just technical. And NYSE is the ultimate symbol of market continuity and we take that responsibility seriously here at ICE.
John Furrier
>> Well, Priya, great to have you on. Again, I've been watching as I come to New York and broadcast from the NYSE with theCube Studios, ICE has a data mode, big business, and real-time information. You can't be down. You guys took the steps. Congratulations.
Priya Kutcherlapati
>> Thank you.
John Furrier
>> It's one of those moments like, "Hey, we did the right thing." So you guys got a great team. Thanks for sharing. And great to hear about Proofpoint and we know them very well and good to hear that they were there. Thanks for sharing.
Priya Kutcherlapati
>> Yeah, it definitely was a key part of that story around the global outage. Yes.
John Furrier
>> Okay. Well, thanks for coming on. I'm John Furrier with theCube. We are here at our NYSE Cube Studios, of course, Palo Alto and Wall Street connected in on one network. It's a Wired Network, the NYSE Wired Program as part of our initiative with the NYSE. We're doing our part to share the stories that matter. Stories drive movements, the stories drive trusted data that you can make good decisions. In this case, resilience has to be built in from day one. Think about the data, think about the disruptions as more and more change comes, as comes opportunities for the bad guys and got to have the security in place. Priya, thank you and have a great day.
>> Hello, I'm John Furrier with theCUBE. We are here at the New York Stock Exchange CUBE Studios for theCUBE on the East Coast. This is where all the actions happening. Of course, we have our West Coast Palo Alto Studios connecting Wall Street and Silicon Valley, and of course we cover all the enterprise events. This is our cybersecurity series where we talk to the leaders who are making it happen. Got Priya Kutcherlapati here, business information security officer at the NYSC and fixed income data service for ICE, International Content Exchange. Priya, thank you for coming on theCUBE for this special series, for the NYSC Wired program we put together here at the CUBE, so thanks for coming on.
Priya Kutcherlapati
>> Thanks, John. It's great to be here.
John Furrier
>> So, cybersecurity, obviously the threats are everywhere. You guys have a very strong pedigree at the NYSC and I've talked to the CTO, all the AI leaders, very impressive group. It's probably not well known, but you guys are very diligent on security for obvious reasons, NYSC and all the data services that you guys run, the other bunch of data businesses that you guys have. I know you guys are hardcore, so I want to first understand, take a minute to explain what you do.
Priya Kutcherlapati
>> Sure. So as the business information security officer for the New York Stock Exchange and fixed income data services, my responsibility here at ICE is to ensure that our systems, our people, our communications remain secure and operational because the markets depend on it.
John Furrier
>> The security is very high because high-frequency trading, we saw that flash boys kind of thing happened.
Priya Kutcherlapati
>> Yes.
John Furrier
>> But now data is highly available. There's all kinds of new trends happening. You've got polymarkets. I mean, data's everywhere, and also data feeds could be challenging what's in them-
Priya Kutcherlapati
>> Yes, that's our big business as well on the data services side.
John Furrier
>> Is it challenging? What's the big challenge that you guys have to always watch? What's the one thing that you keep your eyes on?
Priya Kutcherlapati
>> It's catching up with the innovation speed. So I was recently on a panel with Anthropic and they went on about how innovation is at speed and how we are all trying to catch up from a CISO perspective. So definitely AI, quantum computing, everything brings emerging risks and that's where we are focusing on just understanding how innovation is going and what the speed is and how we can catch up and understand what the threat landscape looks like.
John Furrier
>> I was talking to a friend the other day, Priya, and we're kind of old school and we're saying, back in the day when I was in college in the '80s, everything was the data processing department. It's interesting, everything's data processing now. You got the AI factories, you have all kinds of real-time activity, it's a global scale. And so you got to be fast, you got to be accurate and you got to be secure. This is what all the leaders are thinking about right now and it's one of those things where you constantly have to be on your toes and this is something that's very key.
Priya Kutcherlapati
>> For sure. Yeah.
John Furrier
>> What's the biggest thing you've learned over the past couple of years in today's current market, the modern era of data processing?
Priya Kutcherlapati
>> I think, John, Resiliency is at the core of everything that we do. So for us at the New York Stock Exchange, continuity and resiliency is what we invest in. So the people process technology, I think just having that continuity, investing in tools that not only tackle one problem, but multiple areas of that use case is where we've invested in the past few years and that's where we continue to see growth.
John Furrier
>> In all the recent outages, we saw the clouds go down, we saw AWS, Azure, you've recently faced the resilience challenge at ICE and NYSE with this global email outage, but you guys stayed resilient. I mean, I heard in the hallways here people talking about it, it keeps up and running. How did you do it? You guys maintained while everyone else was crashing and burning. If ICE goes down, a lot of bad things happen. Money is involved.
Priya Kutcherlapati
>> Yes. And you're on the floor, you see that billions of transactions happen and the markets rely on us. So during the recent global email outage that we've seen many organizations face major disruption, for us, it was a very different story. We had Proofpoint's Email Continuity service, which we had invested in early on, and we were able to pivot instantaneously. Within minutes of activating it, our IT teams were back up and running through the continuity environment. And it was definitely a real-world test of our preparedness that reinforced the fact that at ICE, NYSE, resiliency isn't theoretical, it was operational, cultural, and it's essential for maintaining that trust in the marketplace. I do also want to add, John, that Proofpoint was part of that story for us and helping us not only protect our communications but ensure that there was continuity. At the same time, global outages like these trigger spikes in phishing and spoofing attempts, and Proofpoint definitely helped block those in real time. And last but not least, I think compliance didn't miss a beat. And you understand from a compliance standpoint, we are highly regulated, and archiving and journaling stayed intact. So it was definitely all about the partnerships that we invested in as well.
John Furrier
>> Well, it's nice to hear ProofPoint. I mean, they're CUBE a alumni. They recently came on the CUBE, the CEO. Explain how this works because we can follow on ProofPoint. How were they involved in both the service and the response? Because it sounds like you had subscribed or you had a service with them. What was it called, the Continuity service?
Priya Kutcherlapati
>> Yes.
John Furrier
>> How did it all work?
Priya Kutcherlapati
>> I think ProofPoint's technology gave us the confidence and capability to maintain business continuity in the face of a global disruption. But it was for us more than just technology, it was partnership. Their team worked alongside ours to make sure that every safeguard was in place and that our people knew exactly how to pivot. So when the destruction happened, within a few minutes, we were able to turn on the Continuity service and emails kept flowing. And moments like these definitely test our infrastructure planning and culture. And our team exactly knew how to pivot fast. And for us, it proved that investments we've made in resiliency, readiness, and the right partners truly paid off.
John Furrier
>> That's a great story. I mean, it's one of those things where it's like the insurance policy, it worked.
Priya Kutcherlapati
>> Yes.
John Furrier
>> Thank God you guys put it in place. You talk about culture. I want to ask you, if you don't mind, some of the lessons you've learned, because obviously you guys do have a high bar, been following the work that the other teams at NYSE and ICE have been doing. You guys do have a high bar of resilience, but the culture, to see it early, what did you learn from all this?
Priya Kutcherlapati
>> I think like you rightly said, John, continuity is mission-critical for us at ICE. And resiliency at ICE and NYSE means uninterrupted markets, uptime equals trust for us. And with this outage, what we've learned that, especially with the partnership with Proofpoint, which strengthened that continuity with secure email, ongoing threat protection, and continuous compliance. And we've also understood where we should make our investments in. So, people, process, partners is what I call it, to resiliency is cultural and systematic, it's not just technical. And NYSE is the ultimate symbol of market continuity and we take that responsibility seriously here at ICE.
John Furrier
>> Well, Priya, great to have you on. Again, I've been watching as I come to New York and broadcast from the NYSE with theCube Studios, ICE has a data mode, big business, and real-time information. You can't be down. You guys took the steps. Congratulations.
Priya Kutcherlapati
>> Thank you.
John Furrier
>> It's one of those moments like, "Hey, we did the right thing." So you guys got a great team. Thanks for sharing. And great to hear about Proofpoint and we know them very well and good to hear that they were there. Thanks for sharing.
Priya Kutcherlapati
>> Yeah, it definitely was a key part of that story around the global outage. Yes.
John Furrier
>> Okay. Well, thanks for coming on. I'm John Furrier with theCube. We are here at our NYSE Cube Studios, of course, Palo Alto and Wall Street connected in on one network. It's a Wired Network, the NYSE Wired Program as part of our initiative with the NYSE. We're doing our part to share the stories that matter. Stories drive movements, the stories drive trusted data that you can make good decisions. In this case, resilience has to be built in from day one. Think about the data, think about the disruptions as more and more change comes, as comes opportunities for the bad guys and got to have the security in place. Priya, thank you and have a great day.