Security Software - Rise of the Models: Cybersecurity in the Age of Mythos and Daybreak

研报英文原文证据摘录

Security Software - Rise of the Models: Cybersecurity in the Age of Mythos and Daybreak

a resilience.

while security

transformation has • The rise of (non-human) identities is expanding the threat landscape. As the number of machine identities surges, we are observing an evolution in the threat landscape. According to IDC, on average enterprises have >100 machine identities for every one human identity in the ecosystem.

lagged

• Government and Regulation Governments continue to expand regulation, and we expect enforcement to increase. These regulations have elevated

cybersecurity to a board-level mandate for organizations. The EU AI Act, set to become effective on August 2, 2026, is the world’s first

comprehensive, binding law regulating artificial intelligence, adopted by the European Union in 2024. Non-compliance with the EU AI Act’s

requirements for high-risk systems can result in fines of up to 3% of a company’s global annual revenue (or €15 million, whichever is higher),

underscoring the material financial consequences of inadequate AI governance.

• White House on June 2nd signed a scaled-back executive order requiring AI firms to provide models to the government 30 days pre-release for

oversight and cybersecurity coordination, balancing national-security concerns with efforts to avoid slowing innovation.

Platformization • As companies look at their security needs for 2026 and beyond, beneficiaries will be AI-native platforms with data scale + ecosystem integration as

opposed to just tools that address distinct security needs, in our opinion.

Headwinds and Risk • LLM providers internalize core security capabilities—such as threat detection, identity validation, and autonomous response—thereby compressing