Bugcrowd has released its seventh annual flagship report `Inside the Mind of a Hacker`, exploring trends in ethical hacking, motivations behind hackers, and how organizations are leveraging hacking communities to elevate security posture. The report takes a special look at cybersecurity's shift due to generative AI adoption. An interview with Nick McKenzie, CISO at Bugcrowd, is included in this blog post. As a seasoned cybersecurity professional, McKenzie shares his insights on the most demanding challenges faced by CISOs, including balancing business agility and robust protection while navigating cyber regulations. He emphasizes that crowdsourced security can safely mitigate risk when implemented correctly, enabling earlier vulnerability identification and reducing operational risk. With AI advancements, CISOs must adapt security measures to counter sophisticated threats posed by generative technologies. McKenzie also highlights the importance of regulations on generative AI use in the hacking community, suggesting that restrictions would hinder innovation. Ultimately, CISOs must strike a balance between benefiting from generative AI and preventing its misuse. Generative AI will augment human intelligence, not replace it, and CISOs should consider investing in newer security frameworks to improve ROI without increasing budgets. In the next two years, crowdsourced security is expected to become the preferred model for continuous assurance, incorporating generative AI to enhance customer experiences.