In a move to combat the growing challenge of deepfake and AI-powered phishing attacks, Adaptive Security has secured $43 million in Series A funding co-led by OpenAI and Andreessen Horowitz. This investment marks OpenAI’s first move to support a cybersecurity firm.
Adaptive Security focuses on creating sophisticated AI-powered attack simulations that help organizations prepare for next-generation security threats. The platform integrates deepfake attack simulations, real-time threat assessment, advanced security training, and AI-driven risk evaluation, to help companies anticipate and prevent cyberattacks before they occur.
The company conducts realistic simulations across multiple communication channels, including phone calls, text messages, and emails. Through these training processes, employees are able to recognize and respond appropriately to social engineering attacks.
In a discussion with the hosts of CNBC’s Squawk Box show, the CEO and Co-funder of Adoptive Security, Brian Long, demonstrated how advanced AI technology is used to enhance cyber attack. He revealed how easy it is to clone voices of anyone and use it for phishing campaigns just like the case of the US Senators that were targeted by Deepfaked Ukrainian diplomat. They highlighted the need for a passcode for sensitive transactions and to delete your audio voicemail.
Investors such as Abstract Ventures, Eniac Ventures, CrossBeam Ventures, and K5 were said to have also participated in the funding. Executives from Google, Workday, Shopify, and Plaid also contributed to the investment.
Cybercriminals are taking advantage of the growing sophistication of AI technology and using them to enhance their attacks. Adaptive Security’s innovation will assist organizations stay ahead of these emerging threats through preparation, simulation, and comprehensive training.
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