The Information: AI-found bugs spark corporate security spending spree as Atomicwork says 'nobody's ready'

[The Information] Vijay Rayapati, CEO of enterprise software startup Atomicwork, said he gathered his roughly 30 software engineers last week and told them to drop everything and prioritize cybersecurity after a series of incidents in the prior 48 hours: eMudhra, a root certificate authority that websites and software makers rely on to prove their identity to users, had been hacked; LiteLLM, a popular open-source tool for routing requests to different AI models, was compromised; and a security vulnerability had been found in PHP, a programming language used by roughly 70% of websites. According to Rayapati, the startup ultimately verified it was not directly impacted by the threats, but last week's scramble "shows nobody's ready." He plans to hire one cybersecurity engineer for every three technical hires and projects the number of cybersecurity-focused engineers will roughly triple to 27 in the year ahead.