Aim Security Closes $18M Series A to Secure Generative AI Enterprise Adoption

June 17, 2024 at 03:56PM Aim Security, an AI security company based in Tel Aviv, has secured $18 million in Series A funding, led by Canaan Partners and YL Ventures. The company, founded by cybersecurity experts, aims to address the security challenges presented by AI adoption in enterprise organizations, particularly in highly regulated industries like … Read more

Perfecting the Proactive Security Playbook

June 4, 2024 at 10:05AM SUMMARY Successful sports coaching relies on a playbook, and the same applies to cybersecurity. A proactive security playbook should include an incident response plan, an effective measurement strategy, and assessments of team strengths and weaknesses. This proactive approach is critical for maintaining data confidentiality and combating evolving threats. Cyber-insurance engagement … Read more

Flawed AI Tools Create Worries for Private LLMs, Chatbots

May 30, 2024 at 04:04PM Private instances of large language models (LLMs) used by businesses face risks from data poisoning and leakage if not properly secured, leading to potential attacks and compromise of AI systems. Recent exploits highlight the importance of secure implementation and testing, especially as AI adoption increases in the information and professional … Read more

LockBit dethroned as leading ransomware gang for first time post-takedown

May 22, 2024 at 07:03AM After the takedown of LockBit in February, rival gang Play has surpassed it in attacks, marking a shift after eight months of LockBit dominance. Law enforcement’s disruption claims seem validated as LockBit’s attacks drop significantly. Global ransomware activity decreased by 15% month-on-month, with North America and Europe remaining the top … Read more

WitnessAI Launches With Guardrails for AI

May 21, 2024 at 11:07PM WitnessAI, a startup in artificial intelligence safety, emerged from stealth to address the barriers hindering organizations from adopting AI tools. Their Secure AI Enablement Platform offers observability, policy enforcement, and data protection for enterprises using AI. The platform, deploying cloud-based instances with unique encryption keys, has secured funding and plans … Read more

3 Tips for Becoming the Champion of Your Organization’s AI Committee

May 15, 2024 at 10:02AM The AI committee, a crucial stakeholder in organizations, oversees the legal, security, and ethical aspects of AI adoption. The committee comprises executives, legal counsel, security specialists, AI professionals, and external experts. CISOs play a pivotal role and can ensure success by conducting a comprehensive assessment, implementing a phased adoption approach, … Read more

AI Security Startup Apex Emerges From Stealth With Funding From OpenAI CEO

May 2, 2024 at 11:27AM Israeli AI security startup Apex emerged from stealth mode with $7 million in seed funding. The funding round was led by Sequoia Capital and Index Ventures, with participation from angel investors, including Sam Altman. Founded in 2023, Apex aims to address security issues introduced by the increasing use of generative-AI … Read more

Alarm Over GenAI Risk Fuels Security Spending in Middle East & Africa

February 23, 2024 at 10:20AM The fast adoption of Generative Artificial Intelligence (GenAI) in the Middle East and Africa is prompting organizations to increase data privacy and cloud security measures. Concerns about GenAI are driving a 24% and 17% increase in budgets for data privacy and cloud security, respectively, according to Gartner. However, the potential … Read more

GenAI Tools Will Permeate All Areas of the Enterprise

December 26, 2023 at 02:02PM Generative AI tools are gaining attention across various organizations, especially in data analytics, cybersecurity, research, and marketing teams. A significant portion of respondents are either exploring or implementing these tools, with potential use cases including analyzing data, automating tasks, and improving operational speed. The widespread adoption of generative AI within … Read more

CISA Outlines AI-Related Cybersecurity Efforts

November 15, 2023 at 08:58AM The US cybersecurity agency CISA has published a document outlining its efforts to promote the use of artificial intelligence (AI) in enhancing security and supporting critical infrastructure organizations. The document emphasizes the need to protect AI systems from threats and prevent their malicious use. CISA encourages AI system makers to … Read more