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Jericho Security uses AI to fight AI in new frontier of cybersecurity

Aug 03, 2023 - venturebeat.com
Cybersecurity startup Jericho Security has raised $3 million in pre-seed funding to develop AI solutions to counter sophisticated phishing attacks. The funding round was led by venture capital firm Era and included participation from Lux Capital, FoundersXFund, MetaLabs, Alcove, Textbook, Alumni Venture Group, Thorntree, and several individual investors. The company plans to use AI to combat AI-generated phishing attacks, using an AI red team to generate realistic phishing attacks and an AI blue team to detect and prevent these attacks.

Jericho Security's approach represents a significant shift in the cybersecurity landscape, suggesting a future where AI models constantly evolve and learn from each interaction. The company's CEO, Sage Wohns, emphasized the importance of focusing on existing threats rather than hypothetical future ones. He also identified a significant market opportunity for his solution, as current cybersecurity solutions are becoming obsolete due to generative AI. The funding will be used to expand Jericho Security’s product offerings, grow its team, and scale its operations globally.

Key takeaways:

  • Jericho Security, a cybersecurity startup, has raised $3 million in pre-seed funding to build AI solutions to combat sophisticated phishing attacks.
  • The company's approach involves using AI to simulate a red team versus a blue team to uncover vulnerabilities and develop robust defenses.
  • CEO Sage Wohns envisions creating AI teams that can learn from each other and adapt to the changing landscape of AI to stay ahead of the curve.
  • The funding will be used to expand Jericho Security’s product offerings, grow its team, and scale its operations globally.
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