November 22, 2024 at 03:25AM Prompt Security, a startup focused on generative AI security, has successfully raised $18 million in a Series A funding round led by Jump Capital. This investment aims to enhance its security platform to address the growing challenges in AI-related threats. **Meeting Takeaways:** 1. **Company Update**: Prompt Security, a Gen-AI security … Read more
November 4, 2024 at 06:26PM Artificial intelligence (AI) and machine learning (ML) are increasingly adopted in cybersecurity, enhancing tools like firewalls and antivirus systems. A Dark Reading survey found significant use in phishing detection and threat response. While many use AI/ML, adoption in areas like fraud detection and user behavior analytics remains developing. **Meeting Takeaways: … Read more
October 28, 2024 at 09:01AM Abstract Security has secured $15 million in an oversubscribed Series A funding round, led by Munich Re Ventures. This investment will support the company’s growth and development in the security sector. **Meeting Takeaways:** 1. **Funding Achievement:** Abstract Security successfully raised $15 million. 2. **Investment Round:** The funding was part of … Read more
October 9, 2024 at 12:13PM Multimodal AI is enhancing cybersecurity by aiding in email fraud detection and enabling attackers to craft more convincing scams. Sophos demonstrates 97% accuracy in identifying phishing emails using large language models. This technology could improve security analysts’ efficiency, though operational costs limit widespread use in email security tools. ### Meeting … Read more
September 30, 2024 at 05:41PM California Governor Gavin Newsom vetoed SB-1047, a bill intended to impose broad restrictions on advanced AI model developers. Despite support from AI researchers and industry, Newsom cited concerns that the bill did not consider varying AI system environments and functions. He vetoed the bill while emphasizing the need for adaptable … Read more
August 7, 2024 at 03:25PM At Black Hat USA in Las Vegas, Eitan Worcel of Mobb Security, last year’s winner, passed the torch to Knostic, the 2024 winner. Sounil Yu, Knostic’s CTO, accepted the award. Four finalists, including LeakSignal, RAD Security, DryRun Security, and Knostic, made final pitches. Knostic’s tool focuses on access control of … Read more
July 11, 2024 at 12:21PM British startup Tracebit secures $5M seed-stage funding for cloud-based threat detection and deception tech. London-based company offers cloud-native threat deception technology to strengthen cybersecurity and expedite incident identification. Funding led by Accel, with support from Tapestry VC, 20SALES, and angel investors. Tracebit’s product uses canaries to enhance threat detection, plans … Read more
June 27, 2024 at 01:20PM At Black Hat USA 2024, Jason Healey will present “Is Defense Winning?” examining the perpetual struggle between cybersecurity defenders and attackers. He emphasizes the need for measurable indicators to gauge defensive progress, suggesting changes akin to climate change metrics. He advocates leveraging systemic changes and existing reports to establish defensibility … Read more
May 3, 2024 at 07:27AM Horizon3.ai has introduced a Rapid Response service to their NodeZero SaaS-based penetration testing platform, using a combination of autonomous AI and human expertise. This service aims to quickly identify and address critical vulnerabilities, staying ahead of potential attackers. Leveraging AI’s speed and human reasoning, the platform creates safe exploits and … Read more
May 2, 2024 at 10:03AM Corelight, an NDR company, secures $150M in Series E funding round led by Accel, with support from Cisco Investments and CrowdStrike Falcon Fund. The San Francisco-based company, offering network traffic analysis and ground truth evidence of adversarial activity, plans to accelerate AI-driven security innovation and cloud-native security capabilities, in addition … Read more