The Three Buddy Problem is a popular Security Conversations podcast that goes beyond industry talking points to discuss what others won’t -- nation-state malware, attribution, cyberwar, ethics, privacy, and the messy realities of securing computers and corporate networks. Hosted by three veteran security pros -- journalist Ryan Naraine and malware paleontologists Costin Raiu and Juan Andres Guerrero-Saade -- the weekly show attracts a highly engaged audience of security researchers, corporate defenders, CISOs, and policymakers. Connect with Ryan on Twitter (Open DMs).

Security Conversations
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Podcast Overview
The Three Buddy Problem is a popular Security Conversations podcast that goes beyond industry talking points to discuss what others won’t -- nation-state malware, attribution, cyberwar, ethics, privacy, and the messy realities of securing computers and corporate networks. Hosted by three veteran security pros -- journalist Ryan Naraine and malware paleontologists Costin Raiu and Juan Andres Guerrero-Saade -- the weekly show attracts a highly engaged audience of security researchers, corporate defenders, CISOs, and policymakers. Connect with Ryan on Twitter (Open DMs).
Language
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Publishing Since
12/6/2017
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Recent Episodes

June 12, 2026
Mythos, Fable, and Anthropic's Big Trust Problem
<p>(Presented by <a href="https://tlpblack.net" rel="nofollow noopener">TLPBLACK</a>: A cybersecurity intelligence platform focused on sharing curated, high-sensitivity threat insights and research with trusted security professionals.)</p> <p><strong>Three Buddy Problem - Episode 101</strong>: We discuss Anthropic's Mythos 5 and Claude Fable 5 release and the bombshell that the company was silently downgrading paid users' results, sparking a heated debate over guardrails, gatekeeping, and whether elite AI reasoning is becoming a privilege for the few. </p> <p>Plus, AI-generated N-day exploits killing the patch window, a record-shattering Patch Tuesday, Meta's latest court filing against spyware maker NSO Group, the return of cyber paleontology, and a detour into the new government UFO drops.</p> <p><strong>Cast:</strong> <a href="https://twitter.com/juanandres_gs" rel="nofollow noopener">Juan Andres Guerrero-Saade</a>, <a href="https://twitter.com/ryanaraine" rel="nofollow noopener">Ryan Naraine</a> and <a href="https://twitter.com/craiu" rel="nofollow noopener">Costin Raiu</a>.</p> <p><strong>Timestamps:</strong><br> 0:00 - Introductory banter<br> 3:22 - The Mythos 5 / Claude Fable 5 release<br> 14:42 - Anthropic’s silent downgrade trust problem<br> 26:18 - Anti-competitive behavior & the AV "stealing detection" parallel<br> 32:29 - Distillation, China & the real motive<br> 38:04 - "Too dangerous to release" & gatekeeping vs. guardrailing<br> 45:53 - Is Mythos a threat to malware-analysis startups?<br> 48:20 - Dario's AI regulation essay<br> 56:48 - N-day exploits and death of the patch window<br> 1:07:18 - Patch Tuesday and 10x vulnerability surge<br> 1:10:34 - Meta catches NSO Group<br> 1:14:45 - Cyber paleontology, Shadow Brokers leaks<br> 1:28:29 - Moonlight Maze and learning from history<br> 1:34:22 - UFOs, UAPs and Disclosure Day </p><p>Links:</p><ul><li><a title="Transcript" rel="nofollow" href="https://docs.google.com/document/d/1qpsZYIbYaP-NXVVIMOFVqOS1ihyLPxWRcpkPZCxSJ7Y/edit?usp=sharing">Transcript </a></li><li><a title="SemiAnalysis: Anthropic's latest model silently degrades its IQ" rel="nofollow" href="https://x.com/SemiAnalysis_/status/2064482714149896431">SemiAnalysis: Anthropic's latest model silently degrades its IQ </a></li><li><a title="Researchers Are Furious Over Anthropic's Hidden AI Limits " rel="nofollow" href="https://www.businessinsider.com/researchers-furious-anthropic-mythos-fable-hidden-ai-limits-2026-6">Researchers Are Furious Over Anthropic's Hidden AI Limits </a></li><li><a title="Anthropic Walks Back Policy That Could Have ‘Sabotaged’ AI Researchers" rel="nofollow" href="https://www.wired.com/story/anthropic-responds-to-backlash-on-claudes-secret-sabotage-on-ai-research/">Anthropic Walks Back Policy That Could Have ‘Sabotaged’ AI Researchers </a></li><li><a title="Anthropic: Claude Fable 5 and Claude Mythos 5" rel="nofollow" href="https://www.anthropic.com/news/claude-fable-5-mythos-5">Anthropic: Claude Fable 5 and Claude Mythos 5 </a></li><li><a title="System Card: Claude Fable 5 & Claude Mythos 5" rel="nofollow" href="https://www-cdn.anthropic.com/d00db56fa754a1b115b6dd7cb2e3c342ee809620.pdf">System Card: Claude Fable 5 & Claude Mythos 5 </a></li><li><a title="Socket: Mini Shai-Hulud, Miasma, and Hades Worms " rel="nofollow" href="https://socket.dev/blog/mini-shai-hulud-miasma-and-hades-worms-target-bioinformatics-and-mcp-developers-via-malicious">Socket: Mini Shai-Hulud, Miasma, and Hades Worms </a></li><li><a title="Dario Amodei: Policy on the AI Exponential" rel="nofollow" href="https://darioamodei.com/post/policy-on-the-ai-exponential">Dario Amodei: Policy on the AI Exponential </a></li><li><a title="Patch Tuesday (Adobe/Microsoft)" rel="nofollow" href="https://www.zerodayinitiative.com/blog/2026/6/9/the-june-2026-security-update-review">Patch Tuesday (Adobe/Microsoft) </a></li><li><a title="WhatsApp catches NSO Group spear phishing" rel="nofollow" href="https://about.fb.com/news/2026/06/fighting-spyware-an-update-from-whatsapp/">WhatsApp catches NSO Group spear phishing </a></li><li><a title="Department of War Publishes Third Release of Unidentified Anomalous Phenomena Files" rel="nofollow" href="https://www.war.gov/News/Releases/Release/Article/4515408/department-of-war-publishes-third-release-of-unidentified-anomalous-phenomena-f/">Department of War Publishes Third Release of Unidentified Anomalous Phenomena Files </a></li><li><a title="Pentagon releases 3rd batch of UFO files, detailing mysterious orb sightings" rel="nofollow" href="https://www.cbsnews.com/news/ufo-files-pentagon-3rd-release-documents-videos/">Pentagon releases 3rd batch of UFO files, detailing mysterious orb sightings </a></li><li><a title="Orbs over a pond (UFO video)" rel="nofollow" href="https://www.war.gov/UFO/release/03/?search=orbs+o#FBI-UAP-PR003-Orbs-Over-the-Pond-2024">Orbs over a pond (UFO video) </a></li><li><a title="fast16 | Mystery Shadow Brokers Reference Reveals High-Precision Software Sabotage 5 Years Before Stuxnet" rel="nofollow" href="https://www.sentinelone.com/labs/fast16-mystery-shadowbrokers-reference-reveals-high-precision-software-sabotage-5-years-before-stuxnet/">fast16 | Mystery Shadow Brokers Reference Reveals High-Precision Software Sabotage 5 Years Before Stuxnet </a></li><li><a title="Penquin's Moonlit Maze" rel="nofollow" href="https://ridt.co/d/jags-moore-raiu-rid.pdf">Penquin's Moonlit Maze </a></li><li><a title="LABScon Call for Papers" rel="nofollow" href="https://www.labscon.io/cfp/">LABScon Call for Papers </a></li></ul>

June 5, 2026
Fast16, Fanny, and Stuxnet: Cyber Paleontology Redux
Juan Andres Guerrero-Saade, Ryan Naraine, and Costin Raiu discuss AI's impact on cybersecurity, the evolution of threat intelligence, and historical cyber events in this interview.

May 30, 2026
Microsoft Threatens Vuln Researchers; Shadow Brokers Revisited
Juan Andres Guerrero-Saade, Ryan Naraine, and Costin Raiu debate Microsoft's threat to vulnerability researchers and revisit the Shadow Brokers leak, offering insights into cybersecurity's evolving landscape.
228 total episodes available with 108 transcripts
Recent guests on Security Conversations
Guests from recent episodes — sign up to see every guest that has ever appeared on this show.
Aaron Portnoy
Guest
Perri Adams
Guest
Gabriel Bernadett-Shapiro
Guest
Federico Kirschbaum
Guest
Jordan Wiens
Guest
Matthias Frielingsdorf
Guest
Greg Linares
Guest
Juan Andres Guerrero-Saade
Guest
Ryan Naraine
Guest
Dakota Cary
Guest
Costin Raiu
Guest
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