Duncan Riley
Latest from Duncan Riley
The U.S. National Security Agency has announced the creation of a new entity to oversee the development and integration of artificial intelligence capabilities within U.S. national security systems. The new NSA AI Security Center has been designed to become a focal point …
Network security company IronNet ceases operations two years after going public
Network security company IronNet Inc. has ceased operations two years after it became a publicly traded company through a merger with a special-purpose acquisition company. The disclosure came via a Sept. 29 filing with the U.S. Securities and Exchange Commission. IronNet said …
Scammers target Microsoft’s AI chatbot Bing Chat with malicious ads
As regular as the day becomes night, scammers are always on the lookout for new opportunities, and according to a new report today, that new opportunity is Microsoft Corp.’s artificial intelligence chatbot Bing Chat. Malwarebytes Labs wrote that scammers are now targeting …
AWS reveals details of ‘MadPot’ tools used to thwart thousands of cyberattacks
Amazon Web Services Inc. today provided details of a previously unknown internal suite of tools known internally as “MadPot” that the company is using to detect and successfully thwart thousands of cyberattacks. MadPot has its origins in the late 2010s and uses …
Generative AI cybersecurity startup Nexusflow raises $10.6M
Generative artificial intelligence cybersecurity startup Nexusflow.ai Inc. today announced that it has raised $10.6 million in new funding in a round led by Point72 Ventures LP, with Fusion Fund LLC and a number of individual investors also participating. Nexusflow was founded by Professor …
BlackBerry shares rise slightly on mixed results and growing IoT revenue
Shares in BlackBerry Ltd. rose slightly in late trading today after the Canadian software company delivered mixed earnings results. For its fiscal second quarter ended Aug. 31, BlackBerry reported an adjusted loss of $28 million, or four cents per share, a slight …
US and Japan warns that Chinese-linked hacking group is targeting routers
The U.S. and Japanese governments have issued a warning over an alleged Chinese-linked hacking group that is actively targeting and exploiting routers, particularly those from Cisco Systems Inc. The joint advisory was issued today by the U.S. National Security Agency, the Federal Bureau …
US Army awards $250M contract to Palantir to research and develop AI
The U.S. Army has awarded a $250 million contract to Palantir Technologies Inc. to research and develop artificial intelligence and machine learning technology. The three-year deal for AI services reportedly builds on the work Palantir has been doing since at least 2018 for …
AI-powered B2B payments startup Slope raises $30M for product development
Artificial intelligence-powered business-to-business payments platform startup Slope Inc. today announced that it has raised $30 million in new funding to fuel product development and expansion. Founded in 2021, Slope offers a B2B payments platform designed to deliver smoother transactions between enterprises. The service …
Xage lands $17M Space Force contract to deliver zero-trust access control
Zero-trust security startup Xage Security Inc. today announced that it has received a $17 million contract from the U.S. Space Force’s Space System Command to offer its zero-trust access control and data protection across SSC’s current and next-generation ground and space architectures. The contract was …