Phishing protection company SlashNext Inc. today announced the launch of an artificial intelligence-powered spam and “graymail” service that reduces unwanted emails and improves user productivity. Called SlashNext GenAI for Spam and Graymail, the new service is claimed to be the industry’s first generative AI large language model to deliver accuracy and precision with near-zero false positive rates. ...

Changpeng “CZ” Zhao, the founder and former chief executive officer of Binance Holdings Ltd., the world’s largest cryptocurrency exchange, has been sentenced to four months in prison for willfully failing to implement an effective anti-money-laundering program as required by the U.S. Bank Secrecy Act. CZ was sentenced after he pled guilty to the charge following ...

Trust Center Platform startup SafeBase Inc. today announced that it has raised $33 million in new funding to enhance its platform and artificial intelligence-powered technology that streamlines security reviews and third-party risk assessments. Founded in 2022, SafeBase pitches itself as offering the leading Trust Center Platform designed for friction-free security reviews. Through its Trust Center, ...

Electronic design automation company Synopsys Inc. today announced the launch of a new artificial intelligence-powered application security assistant that provides AI-augmented vulnerability summaries and code fixes. Called Polaris Assist and offered as part of the Synopsys Polaris Software Integrity Platform, the new AI assistant combines large language model technology with Synopsys’ application security knowledge and intelligence. It ...

Content delivery network and cloud services provider Akamai Technologies Inc. today announced the Akamai Guardicore Platform, a new platform designed to assist businesses in meeting their zero-trust goals. Claimed to be the first security platform that combines zero-trust network access and microsegregation, the Guardicore Platform helps security teams stop ransomware, meet compliance mandates and secure their hybrid ...

Enterprise identity protection and cyber resilience startup Semperis Ltd. today announced the release of Lightning Identity Runtime Protection, a new machine learning-powered identity threat detection and response service. Lightning Identity Runtime Protection uses machine learning models developed by security experts to detect widespread and successful attack patterns, such as password spray, credential stuffing, other brute force attacks ...

Shares in F5 Inc. fell over 9% in late trading today after the application security firm reported mixed results in its fiscal second quarter and fell short of expectations with its third-quarter outlook. For the quarter ended March 31, F5 reported adjusted earnings per share of $2.91, up from $2.53 per share in the same quarter of the ...

A new report on internet disruptions from content delivery network provider Cloudflare Inc., released today, finds that the main cause of disruptions in the first quarter was damage to terrestrial and submarine cables, followed by government-direct internet shutdowns, cyberattacks, technical issues and power outages. That damage to submarine cables led the pack for internet disruptions in the ...

Shares in Check Point Software Technologies Ltd. closed down 5% in regular trading today despite the cybersecurity company beating expectations in its latest quarterly earnings report. For its first quarter ended March 31, Check Point reported adjusted earnings per share of $2.04, up 13% year-over-year, on revenue of $599 million, up 6% year-over-year. Both were beats, as ...

Shares in Snap Inc. soared by more than 20% in late trading today after the company reported revenue and earnings beats in its first quarter and projected a higher-than-expected outlook for its second quarter. For its first quarter ended March 31, Snap reported adjusted earnings per share of three cents, up from one cent in ...