July 29, 2024 at 05:47PM Cowbell, a cyber insurance provider for small and medium-sized enterprises, has secured a $60 million Series C equity investment from Zurich Insurance Group. This investment will support Cowbell’s expansion in international markets, strengthen cyber resilience services, and enhance partnerships. Zurich’s CEO praised Cowbell’s data-centric approach to cyber risk management and … Read more
July 29, 2024 at 05:39PM Lakera, a leading real-time GenAI security company, secured $20 million in Series A funding. This brings their total funding to $30 million and positions them at the forefront of securing GenAI applications. With a prediction of increased GenAI adoption, Lakera’s platform is expected to see continued demand. The company plans … Read more
July 26, 2024 at 01:49PM Nvidia has embraced the generative AI revolution, utilizing large language models (LLMs) and internal AI applications. At Black Hat USA, Richard Harang will discuss lessons learned in securing these systems. Despite potential risks, securing AI systems is not inherently more difficult than traditional systems and requires essential security attributes. Additionally, … Read more
July 18, 2024 at 04:00AM Meta has suspended the use of generative artificial intelligence in Brazil following objections from the country’s data protection authority over privacy concerns. The halt is due to talks with Brazil’s National Data Protection Authority to address the issue. This follows a trend of tech giants facing regulatory challenges over data … Read more
July 17, 2024 at 12:08PM Enterprise security teams are increasingly addressing the risks associated with the use of AI-enabled applications. An analysis by Netskope found that organizations are implementing controls such as blocking policies and data loss prevention tools to protect against the sending of sensitive data to AI apps. The focus is now shifting … Read more
July 17, 2024 at 11:12AM Pindrop Security secured $100 million in debt financing to enhance its AI-powered detection of AI-generated voice deepfakes, distinct from its previous equity funding. The surge in malicious gen-AI-based deepfake voice attacks has propelled the demand for improved detection tools, as the company aims to counteract the growing threat through specialized … Read more
July 10, 2024 at 09:48AM The rush to regulate artificial intelligence is driven by its emerging potential and associated risks. The dominance of Big Tech in developing AI raises concerns about their profit-driven approach. OpenAI’s transition from non-profit to Microsoft-influenced illustrates complexities and need for regulation. However, the effectiveness of regulation is in question, given … Read more
July 8, 2024 at 10:06AM The text discusses the need to build resilience in the face of unforeseen cybersecurity threats by stress-testing fundamental assumptions. It outlines steps to identify and mitigate risks in scenarios where assumptions may become invalid, such as the future erosion of enterprise structures and the shift of data generation to non-human … Read more
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
June 14, 2024 at 03:45PM Apple’s announcement of its generative AI capabilities, called Apple Intelligence, emphasized data security and privacy. The system enables context-sensitive searches, email tone editing, and graphics creation locally on devices. While Apple detailed privacy and security measures, challenges with large language models and app interactions remain. Companies need to address potential … Read more