October 16, 2024 at 09:04AM DeRisk is an AI and ML-based analytics platform designed to address cyber risks in operational technology for critical industries. The firm DeNexus, which specializes in operational technology risk management, has raised $17.5 million to enhance its offerings. **Meeting Takeaways:** 1. **Company Overview**: DeRisk is an AI and ML-driven data analytics … Read more
October 14, 2024 at 10:50AM The article highlights challenges faced by traditional Security Operations Centers (SOCs) and suggests that integrating artificial intelligence and machine learning can enhance threat detection, response, and overall security operations. Tools like Wazuh simplify SOC setup while leveraging AI/ML for real-time monitoring and enriched data analysis to combat advanced cyber threats. … Read more
October 14, 2024 at 05:08AM Recent reports indicate that stolen identity credentials account for 61% of data breaches, with the average breach costing $4.88 million in 2024. Organizations are urged to adopt proactive security measures, such as customer identity and access management (CIAM) platforms, to enhance protection against cyber attacks. Okta offers insightful webinars on … Read more
October 11, 2024 at 05:15PM Security Operations Center (SOC) teams are overwhelmed by false alarms from their security tools, leading to burnout and missed threats. A Vectra survey reveals dissatisfaction with vendors and a high volume of alerts that staff struggle to manage. AI is seen as a key solution to improve efficiency and reduce … Read more
October 11, 2024 at 09:05AM CISOs are evolving from risk-averse managers to risk-taking enablers, especially in retail, with 97% viewing their role as fostering innovation. Increasingly focused on data-driven decisions and AI integration, CISOs recognize the need to balance security with business growth, despite challenges in realizing ROI from AI and cybersecurity investments. ### Meeting … Read more
October 10, 2024 at 09:33AM OpenAI reported disrupting over 20 malicious operations this year, targeting deceptive use of its platform, including malware and social media manipulation. Notably, cyber operations involved groups from China and Iran attempting to exploit AI for harmful activities, while emphasizing that significant breakthroughs in malware development were not evident. ### Meeting … Read more
October 8, 2024 at 07:28AM The article discusses the potential benefits of AI-powered identity management in cybersecurity. It highlights how AI can enhance operational efficiency, achieve cyber-resilience, and secure access while simplifying identity management. The use of AI models for risk detection, access management, and entitlement management is also explained, emphasizing the importance of using … Read more
October 2, 2024 at 07:02PM The rise of AI-driven cyberattacks, including deepfakes and biometric fraud, poses a significant security challenge for individuals and businesses. As cybercriminals exploit AI, security professionals are using AI analytics and data quality measures to detect and counter these threats. Implementing a zero-trust model and predictive analytics can help organizations proactively … Read more
October 2, 2024 at 04:05PM FIN7, a notorious APT hacking group, has launched fake AI-powered deepnude generator sites to spread malware. This Russian group is known for financial fraud and social engineering attacks. The network of fake deepnude sites lures in users with promises of generating explicit images, but actually spreads information-stealing malware. Other campaigns … Read more
October 2, 2024 at 08:39AM Harmonic raised $26 million to develop a novel data protection approach with pre-trained, specialized language models. The funding will aid in defending against AI data harvesting. This initiative was reported by SecurityWeek, showcasing the company’s efforts to stay ahead in the field of data protection. Based on the meeting notes, … Read more