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Risky Business (844): China closes AI vulndev gap as US lifts Fable ban

Presented by

Patrick Gray
Patrick Gray

CEO and Publisher

Adam Boileau
Adam Boileau

Co-host at large

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….

Mythos on your desk? Using local LLMs for code reviews

Presented by

Patrick Gray
Patrick Gray

CEO and Publisher

In this podcast episode James Wilson chats with Karsten Nohl about his research into using local LLMs to replace cloud AI in security code reviews.

In essence, Karsten created a hybrid code reviewing system where both cloud and local models are used to orchestrate, triage outputs, and write reports. In this system, only the local LLMs have source code access, with the cloud models used to manage the local models.

In this “source-local” review technique, the source code never leaves the local endpoint, which is a requirement for some reviews. But funnily enough, Karsten was able to use this system to generate findings that were as impressive as when using frontier models directly. …

Between Two Nerds: How to set cyberspace ablaze

Presented by

Tom Uren
Tom Uren

Policy & Intelligence

The Grugq
The Grugq

Independent Security Researcher

In this edition of Between Two Nerds, Tom Uren and The Grugq discuss whether cyber organisations should be separated from Signals Intelligence organisations. The Grugq argues that having cyber expertise subordinate to intelligence collection means that many opportunities are never explored.

Srsly Risky Biz: Open weight models make the Mythos debate moot

Presented by

Tom Uren
Tom Uren

Policy & Intelligence

Amberleigh Jack
Amberleigh Jack

Producer and Editor

Tom Uren and James Wilson talk about the Five Eyes cyber security agencies warning about the arrival of AI-enabled cyber threats. The call-to-action is driven by the recognition that it is no longer possible to limit AI’s offensive cyber security capabilities to benign actors. The genie is out of the bottle, regardless of export controls on frontier models.

They also discuss the progress of Operation Endgame, the multinational joint operation that has been disrupting the cybercriminal ecosystem. It’s been a great success, but criminal enterprises bounce back. Keeping a lid on cybercrime will require continuous disruption programs.

Risky Business (843): Fortibleed is kinda awesome, actually

Presented by

Patrick Gray
Patrick Gray

CEO and Publisher

Adam Boileau
Adam Boileau

Co-host at large

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!

Pitching security startups to VCs in the AI era

Presented by

Patrick Gray
Patrick Gray

CEO and Publisher

In this podcast Patrick Gray and James Wilson chat with Decibel Partners founder and Managing Partner Jon Sakoda to talk about pitching cybersecurity startups to VC firms in the AI age.

Coding agents and large language models have made it easier than ever to create software products, but despite this, the bar for what interests an investor is still largely the same. Everyone can run the marathon, but it’s usually the same few folks who finish first.

So tune in to hear Jon share with us his wisdom on when to start the conversation with investors, how to leverage the experience of the founder community, and what founders should watch out for.

Between Two Nerds: The PRC vs AI

Presented by

Tom Uren
Tom Uren

Policy & Intelligence

The Grugq
The Grugq

Independent Security Researcher

In this edition of Between Two Nerds Tom Uren and The Grugq discuss the idea that the People’s Republic of China has mobilised its influence operations against the construction of US data centres and its build out of AI capacity.

Srsly Risky Biz: Anthropic has artificial, but not emotional, intelligence

Presented by

Tom Uren
Tom Uren

Policy & Intelligence

Amberleigh Jack
Amberleigh Jack

Producer and Editor

Tom Uren and James Wilson talk about Anthropic rolling out its latest models only to have them effectively banned by the US government within days. Although the administration’s process for assessing new models is, ahem, amorphous, Anthropic is doing itself no favours by dismissing its concerns. The company needs to show some emotional intelligence and learn how to manage upwards.

They also discuss Section 702 Foreign Intelligence Surveillance Act collection. The law authorising it has lapsed amidst political shenanigans, but it looks like collection can continue until next year. Plenty of time for kicking of political footballs!

Risky Business Weekly (842): Anthropic needs an adult in the C suite

Presented by

Patrick Gray
Patrick Gray

CEO and Publisher

Adam Boileau
Adam Boileau

Co-host at large

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

Between Two Nerds: Why NATO and cyber don't mix

Presented by

Tom Uren
Tom Uren

Policy & Intelligence

The Grugq
The Grugq

Independent Security Researcher

In this edition of Between Two Nerds Tom Uren and The Grugq talk about how NATO is set up to deter conventional conflict, and how that approach is fundamentally unsuited for ongoing, everyday cyber operations that tackle adversaries.