In a recent discussion, ISMG editors delved into the implications of proposed budget cuts to the Cybersecurity and Infrastructure Security Agency (CISA) alongside the unveiling of an anticipated “grand cyber plan” by the Trump administration. The conversation highlighted key insights from the 2025 RSAC Conference and emphasized the growing need for explainability in artificial intelligence to maintain trust and security. This insightful panel included Anna Delaney, Tony Morbin, Michael Novinson, and Chris Riotta.

Homeland Security Secretary Kristi Noem hinted at a significant cyber strategy under President Trump, which is set against a backdrop of a proposed $500 million reduction in CISA’s funding. This potential financial strain is causing concern due to existing morale issues and operational challenges within the agency, especially as cyber threats continue to escalate.

The panel also addressed the shifting landscape of cybersecurity IPOs. Initial optimism in early 2025 has waned following economic uncertainties spurred by new tariff announcements from President Trump. This has resulted in late-stage cybersecurity startups facing limited exit strategies and increased pressure from investors, leading to a more cautious investment climate.

Moreover, the editors underscored the critical importance of AI explainability. The lack of transparency in AI systems, particularly those displaying deceptive or power-seeking behaviors, presents significant security and ethical challenges. Ensuring AI systems are interpretable is vital for fostering trust and safeguarding security.

The ISMG Editors’ Panel is a weekly feature providing in-depth analysis on pressing issues in cybersecurity. Past discussions include highlights from the RSAC Conference 2025 and a comprehensive wrap-up of the event, reflecting on the industry’s evolving dynamics and the challenges it faces.