Risky Business Podcast

Analysis and news podcasts published weekly

Risky Business #849 -- Trump will unleash contractors on cybercriminals

Presented by

James Wilson
James Wilson

Technology Editor

Patrick Gray
Patrick Gray

CEO and Publisher

On this week’s show Patrick Gray and James Wilson are joined by guest co-host Dmitri Alperovitch to talk through the week’s news, including:

Trump’s memo authorising the private sector to release the cyber hounds is fine, don’t worry! OpenAI finally decides to add a few safety measures after the whole “oopsie we committed some felonies” thing Anthropic’s models start a turf war when given the same task, surprising… nobody We can’t figure out whether a device that can hack a 737 is showboating stunt hacking or … something more real-world cool. Or both. Or something. Much, much more

This week’s show is brought to you by threat hunt and detection platform Nebulock. Founder and CEO Damien Lewke joins Pat to chat about what it looks like when you try to reinvent the SIEM in 2026 on a clean sheet of paper.

This episode is also available on YouTube

Risky Business #849 -- Trump will unleash contractors on cybercriminals
0:00 / 59:06

Soap Box: Zero Trust(ish) Networks

Presented by

Patrick Gray
Patrick Gray

CEO and Publisher

In this Soap Box edition of the Risky Business podcast host Patrick Gray chats with Adam Pointon, CEO of Knocknoc, about the failure of Zero Trust as a comprehensive architecture.

Most networks look like they were designed in 1999, and most Zero Trust products look like they were designed for 2049.

Instead, Patrick and Adam pitch something in the middle: Zero Trust(ish) networks, where Zero Trust principles are applied selectively where possible.

Instead of trying to re-architect entire networks, maybe it’s time we learned to apply Zero Trust principles selectively against risky assets. It’s a better approach than the status quo, which involves liberal use of the “risk accepted” stamp.

This episode is also available on YouTube

Soap Box: Zero Trust(ish) Networks
0:00 / 29:04

Risky Business #848 -- OpenAI comes clean

Presented by

James Wilson
James Wilson

Technology Editor

Patrick Gray
Patrick Gray

CEO and Publisher

On this week’s show Patrick Gray and James Wilson are joined by guest co-host Brad Arkin to talk through the week’s news, including:

  • The AI-agent-hacks-stuff saga continues. This week we have one booting gymgoers from full classes to nab its owner a spot
  • Somehow OpenAI’s legal team allowed the company to spill all the Hugging Face tea at BlackHat and it’s hot and delicious
  • More details emerge about Iran’s hacking campaign against US water utilities, but Brad is unimpressed
  • It turns out TeamPCP has been around longer than we thought and predates the AI era
  • Some absolute plonker kept the DEFCON party going on a Delta flight home. No word yet on if they made the plane fly sideways
  • Much, much more

This week’s show is brought to you by cloud security platform Prowler. Founder and CEO Toni de la Fuente chats about what the company is doing with AI and some of the cool ways customers are using it with Prowler.

This episode is also available on YouTube

Risky Business #848 -- OpenAI comes clean
0:00 / 59:47

Risky Business #847 -- Oops! Claude's accidental hacking spree

Presented by

James Wilson
James Wilson

Technology Editor

Adam Boileau
Adam Boileau

Co-host at large

Patrick Gray
Patrick Gray

CEO and Publisher

On this week’s show Patrick Gray, and James Wilson are joined by bearded man of leisure Adam Boileau to discuss the week’s cybersecurity news, including:

  • Accidental AI agent hacking sprees have the world’s media freaking out, but we think it’s all pretty funny
  • The bugpocalypse is so chaotic, Microsoft can’t patch fast enough
  • A ColdCard wallet flaw led to millions in Bitcoin theft, but the back story behind the bug is bonkers
  • Iran hacks and disrupts water infrastructure in multiple American states
  • North Korea’s state-backed hackers turn criminal. Or their criminals turn into state-backed hackers. Or something. It’s all a bit confusing, actually.
  • Much, much more!

This week’s show is brought to you by Sondera. Co-founder Josh Devon joins Patrick and James to talk through some absolutely hilarious LLM horror stories.

This episode is also available on YouTube

Risky Business #847 -- Oops! Claude's accidental hacking spree
0:00 / 68:22

Risky Business #846 -- OpenAI built a fireplace out of wood

Presented by

James Wilson
James Wilson

Technology Editor

Patrick Gray
Patrick Gray

CEO and Publisher

On this week’s show special guest co-host Pete Ranks, the former director of the CIA’s Centre for Cyber Intelligence, joins Patrick Gray and James Wilson to discuss the week’s cybersecurity news. They cover:

  • Everyone signs the open weights open letter, except Anthropic… of course.
  • OpenAI had no idea it had hacked Hugging Face
  • Kimi K3 open weights released and they’re massive!
  • Why a more aggressive response is needed to cyber attacks on OT
  • And much, much more!

This week’s show is brought to you by SpecterOps. In this week’s sponsor interview Justin Kohler and Jared Atkinson talk about how SpecterOps’ Bloodhound now supports AWS attack paths. Run it against your AWS infra, but only if you have a strong stomach. The results will terrify you.

This episode is also available on YouTube.

Risky Business #846 -- OpenAI built a fireplace out of wood
0:00 / 62:00

Risky Business #845 -- OpenAI's Skynet moment

Presented by

James Wilson
James Wilson

Technology Editor

Patrick Gray
Patrick Gray

CEO and Publisher

On this week’s show special guest co-host Chris Krebs joins Patrick Gray and James Wilson to discuss the week’s cybersecurity news. They cover:

  • Oopsie daisy! OpenAI agents went rogue and hacked Hugging Face
  • US and China trade AI model ban threats
  • Iran has been using SS7 queries to locate and target US troops
  • Scattered Spider is having a hard time, not just because of Microsoft’s GDID
  • And much, much more!

This week’s show is brought to you by Push Security. Luke Jennings joins Patrick this week to talk about the rise in authorisation phishing, like device code phishing, and what companies like Push are doing about it.

This episode is also available on YouTube.

Risky Business #845 -- OpenAI's Skynet moment
0:00 / 69:31

Soap Box: Using threat hunting to drive detection

Presented by

Patrick Gray
Patrick Gray

CEO and Publisher

In this wholly sponsored Soap Box edition of the podcast Patrick Gray chats with Damien Lewke, the CEO and founder of Nebulock, about the future of threat hunting and detection.

Damien spent a decade in the EDR and MDR space before founding Nebulock in 2024. It started off as an AI-powered threat hunt platform but has evolved into a broader security data platform that can answer questions, drive hunts and drive detections.

This product is engineered around the idea that a lot of security is a data problem. So, if we accept this premise, how do we solve security? And how much of that solution is about agents, vs building a good graph? And if you’re going to build a good graph, do you want to build it for a person to use, or an agent to use?

This is truly a conversation for the security nerd’s nerd. Enjoy!

This episode is also available on YouTube

Soap Box: Using threat hunting to drive detection
0:00 / 35:16

Risky Business #844 -- China closes AI vulndev gap as USA lifts Fable ban

Presented by

James Wilson
James Wilson

Technology Editor

Adam Boileau
Adam Boileau

Co-host at large

Patrick Gray
Patrick Gray

CEO and Publisher

On this week’s show Patrick Gray, Adam Boileau and James Wilson discuss the week’s cybersecurity news. They cover:

  • Anthropic’s Fable 5 returning while OpenAI’s GPT-5.6 gets thrown in model jail
  • Distillation, cheap tokens, and AI chat harvesting is an industry in China
  • Edge becomes a lolbin via a new malicious extension
  • An Iranian APT boss’s vacation in a beautiful place goes wrong
  • Much, much more!

In this week’s sponsor interview Daf Stuttard and Katie Warren from Portswigger pop along to talk about how they built an AI security testing product that people would actually feel comfortable using.

This episode is also available on YouTube.

Risky Business #844 -- China closes AI vulndev gap as USA lifts Fable ban
0:00 / 60:11

Risky Business #843 -- Fortibleed is kinda awesome, actually

Presented by

James Wilson
James Wilson

Technology Editor

Patrick Gray
Patrick Gray

CEO and Publisher

On this week’s show special guest co-host Rob Joyce joins Patrick Gray and James Wilson to discuss the week’s cybersecurity news. Rob served as an advisor to Donald Trump during his first term as president and also served at NSA for 34 years. While at the agency, Joyce led Tailored Access Operations (TAO), and later became NSA’s Director of Cybersecurity.

They cover:

  • The surprisingly well done Fortibleed campaign
  • Stolen Klue OAuth tokens lead to Salesforce data theft
  • OpenAI wants to patch the planet
  • runZero gets acquired by Accenture, congrats HD Moore!
  • Much, much more!

This episode is also available on YouTube.

Risky Business #843 -- Fortibleed is kinda awesome, actually
0:00 / 63:35

Risky Business #842 -- Anthropic needs an adult in the C suite

Presented by

James Wilson
James Wilson

Technology Editor

Adam Boileau
Adam Boileau

Co-host at large

Patrick Gray
Patrick Gray

CEO and Publisher

On this week’s show Patrick Gray, Adam Boileau and James Wilson discuss the week’s cybersecurity news. They cover:

  • Anthropic’s Fable 5 and Mythos 5 get nuked by the US government four days after launch “because security”
  • Why “guardrails” won’t keep the world safe from your AI doomsday machine
  • The FISA 702 statute expired, but the spying can (probably) continue!
  • NPM v12 delivers some protection against supply chain attacks, but not enough.
  • Microsoft has a series of bugs that prevent Windows Update from … updating
  • Much, much more!

This episode is also available on YouTube

Risky Business #842 -- Anthropic needs an adult in the C suite
0:00 / 59:59