Author: Cyber Newswire

Paris, France, March 7th, 2024, Cyber Newswire

 

Company Open Sources FHE Libraries to Build Privacy-Preserving Blockchain and AI Applications for the First Time.

Investment secured to bring Fully Homomorphic Encryption (FHE) to the fore, giving developers the ability to address data privacy challenges across blockchain and AI use cases.

Zama, an open source cryptography company building state-of-the-art FHE solutions to protect privacy in blockchain and AI, today announced a $73M Series A round led by Multicoin Capital and Protocol Labs, with participation from Metaplanet, Blockchange Ventures, VSquared, and Stake Capital, as well as blockchain pioneers Juan Benet (founder of Filecoin), Anatoly Yakovenko (co-founder of Solana), and Gavin Wood (co-founder of Ethereum and co-creator of Polkadot). The funds will be used to hire talented engineers, software developers, and researchers in cryptography to maintain its open source libraries, and collaborate with strategic partners to develop a new class of Fully Homomorphic Encryption (FHE) applications.

As demand for robust data protection grows internationally, businesses and organizations need a way to protect consumer data without compromising its utility. FHE provides a novel encryption technique that makes it possible to compute over encrypted data for the first time, revolutionizing what’s possible with data privacy for organizations, governments and consumers alike. Over the course of four years, Zama has built a suite of open source cryptographic libraries and solutions that make FHE readily available to developers to build privacy-preserving applications.

“We envision a world where data privacy isn’t an afterthought, but rather guaranteed by design. With the support of our investors, our talented team, and over 3,000 developers in our community, we can make FHE and privacy synonymous and ubiquitous,” said Rand Hindi, CEO of Zama. “This funding gives us the resources to add to the best and brightest cryptography minds we already have on the team, while also continuing to advance the state of the art of what’s possible in data privacy. Our investors, Multicoin and Protocol Labs in particular, lend valuable experience as we bring FHE to market in the blockchain sector.”

Zama has been at the vanguard of FHE innovation since its inception in 2020. To date, the company has secured multi-million dollar deals in the blockchain and AI space, and has successfully released four cutting-edge FHE solutions. The company’s most recent solution, fhEVM, is the first confidential smart contract protocol for EVM blockchains. Using FHE, the fhEVM enables on-chain state and transaction data to remain end-to-end encrypted during processing, addressing the core data privacy challenge in blockchain.

“FHE is the most important foundational cryptographic primitive for the next decade of computing. Zama’s technology is the key to build multiplayer, privacy-preserving applications,” said Kyle Samani, Managing Partner of Multicoin Capital. “Zama’s groundbreaking work on open source FHE tooling is only the beginning. We are proud to help them build the next generation of crypto-enabled, privacy-first applications.”

In addition to addressing data privacy challenges in the blockchain industry, Zama is also building bespoke solutions in the artificial intelligence, healthcare, financial services, and governmental security industries.

“The potential for FHE in both blockchain confidentiality and AI privacy is massive,” says Pascal Paillier, CTO of Zama. “Being able to share our tools with people who are passionate about the same mission is an incredible privilege, something that has only been possible thanks to continuous support, resources and knowledge provided by our investors and community.”

Zama’s team is made up of over 75 individuals from 22 different nationalities, drawn from the fields of cryptography, machine learning, and blockchain technology. Half of the team hold PhDs in their respective fields and are passionate about ensuring data privacy.

To learn more about Zama, please visit https://www.zama.ai/.

-ENDS- 

About Zama https://www.zama.ai/

Zama is an open source cryptography company building state-of-the-art FHE solutions to protect privacy in blockchain and AI. Their technology enables a broad range of use cases, from confidential smart contracts to encrypted machine learning and privacy-preserving cloud applications. Zama was founded by Dr Pascal Paillier and Dr Rand Hindi, and has the largest research team in homomorphic encryption.To learn more about Zama, please visit https://www.zama.ai/.

About Multicoin Capital 

Multicoin Capital is a thesis-driven investment firm that invests in cryptocurrencies, tokens, and blockchain companies. Crypto networks and companies will create trillions of dollars of value over the next decade. But investing in tokens is fundamentally different than investing in companies. New tools, heuristics, and security measures are needed to responsibly invest in this ecosystem. We leverage our deep understanding of blockchain technology and crypto markets to deliver exceptional returns. For more information, visit: https://multicoin.capital.

About Protocol Labs

Protocol Labs is an open-source research, development, and deployment laboratory. Our projects include IPFS, Filecoin, libp2p, and many more. We aim to make human existence orders of magnitude better through technology. We were founded in 2014 by Juan Benet as a fully distributed company. Our team of more than 100 members works remotely and in the open to improve the internet — humanity’s most important technology — as we explore new advances in computing and related fields. To learn more about Protocol Labs, please visit https://protocol.ai/.

 

Contact

PR Consultant
Kirsty Jarvis
Luminous PR
kirsty@luminouspr.com
+44 7966 291216

Brea, California, February 26th, 2024, Cyber Newswire

 

The current large surge in cyber threats has left many organizations grappling for security so ThreatHunter.ai is taking decisive action. Recognizing the critical juncture at which the digital world stands, ThreatHunter.ai is now offering their cutting-edge cybersecurity services free of charge to all organizations for 30 days, irrespective of their current cybersecurity measures.

James McMurry, Founder of ThreatHunter.ai, reflects on the urgency of the situation, “In the past 48 hours alone, we have stopped hundreds of actual attacks and performed mitigations for our customers. Yet, the frequency and sophistication of these attacks are escalating at an alarming rate. Our mission is clear: to extend our protective reach to every organization in need, ensuring that the digital frontier is safe for all.”

Drawing on recent events and the resilient nature of cyber threats, as highlighted in an insightful piece on the LockBit ransomware saga, it’s evident that the cybersecurity landscape is more volatile than ever. The LockBit group’s audacity in bouncing back after a significant takedown operation underlines the persistent and evolving threat posed by cybercriminals.

ThreatHunter.ai, with its elite team of threat hunters, engineers, and cybersecurity experts, employs the ARGOS platform to provide real-time threat detection and mitigation. Our AI and ML-driven technologies have been pivotal in safeguarding organizations from the ever-evolving tactics of cyber adversaries.

“We see the problem getting larger, with cyber threats becoming more sophisticated by the day. Offering our services for free for 30 days is our way of bolstering the defenses of organizations across the globe. It’s a call to action for everyone, and to show that ThreatHunter.ai is much more than all the MDR’s offering automated alerts, we actually will stop threats, and how our team operates as part of our customers cyber team,” McMurry emphasizes.

This initiative is not just about offering a temporary solution; it’s about raising awareness and driving home the point that in the face of rising cyber threats, complacency is not an option.

Organizations interested in taking advantage of ThreatHunter.ai’s complimentary 30 day of services are encouraged to reach out immediately. Together, we can turn the tide against the cyber threats that loom large over our connected world.

About ThreatHunter.ai

ThreatHunter.ai is at the forefront of cybersecurity, specializing in real-time detection, analysis, and mitigation of cyber threats. Powered by the innovative ARGOS platform, our approach combines advanced AI and ML technologies with the expertise of the industry’s most skilled professionals. We are dedicated to defending the digital infrastructure against the complex landscape of cyber threats, ensuring peace of mind for businesses and governments worldwide.

ThreatHunter.ai, a 100% Service-Disabled Veteran Owned Small Business, is a leading provider of AI-driven threat hunting solutions. Its advanced machine learning algorithms and expert analysis help organizations detect, identify, and respond to cyber threats. Its solutions are designed to supplement existing security resources and provide a fresh perspective on how to address today’s complex cyber threats.

Don’t miss the opportunity to safeguard your organization with the unparalleled cybersecurity protection offered by ThreatHunter.ai. Visit our website at www.threathunter.ai to explore our unique approach, learn more about our cutting-edge solutions, and discover how we can empower your business to stay ahead of cyber threats.

To speak with our experts or schedule a personalized demo, reach out to our sales team at sales@threathunter.ai or call 714.515.4011. Take action today and ensure the security and resilience of your digital infrastructure.

 

Contact

Marketing and Media Manager
Lydia Coulter
ThreatHunter.ai
press@threathunter.ai
7145154011

Silver Spring, Maryland, January 30th, 2024, Cyber Newswire

Aembit Becomes the First Workload IAM Platform to Integrate with the Industry-Leading CrowdStrike Falcon Platform to Drive Workload Conditional Access

Aembit, the Workload Identity and Access Management (IAM) platform that enables DevOps and security teams to discover, manage, enforce and audit access between workloads, today announced the availability of a new integration with the industry-leading CrowdStrike Falcon® platform to give enterprises the ability to dynamically manage and enforce conditional access policies based on the real-time security posture of their applications and services. This integration signifies a significant leap in Aembit’s mission to empower organizations to apply Zero Trust principles to make workload-to-workload access more secure and manageable.

Workload IAM transforms enterprise security by securing workload-to-workload access through policy-driven, identity-based, and secretless access controls, moving away from the legacy unmanaged, secrets-based approach.

Through this partnership, the Aembit Workload IAM solution checks to see if a CrowdStrike Falcon agent is running on the workload and evaluates its real-time security posture to drive workload access decisions to applications and data. With this approach, now enterprises can protect their workloads from unauthorized access, even against the backdrop of changing conditions and dynamic access requirements. Additional customer benefits from this partnership include:

• Managed Workload-to-Workload Access: Enforce and manage workload access to other applications, SaaS services, and third-party APIs based on identity and policy set by the security team, driving down risk.
• Seamless Deployment: Drive consolidation by effortlessly integrating the Aembit Workload IAM Platform with the Falcon platform in a few clicks, providing a unified experience for managing workload identities while understanding workload security posture.
• Zero Trust Security Model: Embrace a Zero Trust approach, ensuring that every access request, regardless of the source, is verified before granting access rights. Aembit’s solution enforces the principle of least privilege based on identity, policy, and workload security posture, minimizing potential security vulnerabilities.
• Visibility and Monitoring: Gain extensive visibility into workload identities and access permissions, enabling swift detection and response to potential security threats. Monitor and audit access logs based on identity for comprehensive security oversight.

This industry-first collaboration builds on the recent CrowdStrike Falcon Fund strategic investment in Aembit, underscoring the global cybersecurity leader’s commitment to fostering innovation within the space. The investment reflects the recognition of the growing demands for securing workload access.

Aembit Workload IAM is available in the CrowdStrike Marketplace, a one-stop destination and world-class ecosystem of third party products. See more here.

Supporting Quotes:

“Today’s attacks are increasingly identity-based, which is why enforcing identity-protection across the enterprise at every layer is critical for modern security. The CrowdStrike Falcon platform is rapidly becoming the center of cybersecurity’s ecosystem. This integration with Aembit enables organizations to secure machine identities as part of a holistic approach to security.” said Daniel Bernard, chief business officer at CrowdStrike.

“The launch of the Aembit Workload IAM Platform on the CrowdStrike Marketplace represents a significant advancement in our joint mission to securely manage workload-to-workload access,” said David Goldschlag, CEO and co-founder at Aembit.

“We are excited to bring the power of Aembit’s Workload IAM to the CrowdStrike Marketplace. This collaboration enables us to deliver Zero Trust for workload access in a way that simplifies and automates the evolving security challenges faced by DevOps and DevSecOps teams,” said Apurva Dave, CMO at Aembit.

Press Contact

Apurva Dave

Chief Marketing Officer

press@aembit.io

About Aembit

Aembit is the Workload Identity and Access Management (IAM) Platform that lets every business safely build its next generation of applications by inherently trusting how it connects to partners, customers, and cloud services. Aembit provides seamless and secure access from your workloads to the services they depend on, like APIs, databases, and cloud resources, while simplifying application development, delivery, compliance, and audit. Follow Aembit on LinkedIn.

Learn: Website or CrowdStrike Marketplace

Follow: LinkedIn | Twitter

Use: Free-Forever Tier

 

Contact

Chief Marketing Officer
Apurva Dave
Aembit
apurva@aembit.io
(202) 525-6661

Toronto, Canada, January 29th, 2024, Cyber Newswire

In an era where online threats no longer discriminate by business size, Control D, powered by Windscribe VPN‘s robust security expertise, announced today the launch of ‘Control D for Organizations‘. This modern DNS service democratizes cybersecurity, making it accessible to businesses of every size, from budding start-ups to late stage SMBs and MSPs.

Leveraging the strength of the world’s largest physical VPN network, Control D is bringing unmatched expertise in navigating cybersecurity challenges and global surveillance into the hands of businesses that traditionally lacked these advanced protections.

Control D for Organizations is geared at companies, schools, and NGOs of all sizes offering simplicity for smaller teams and highly specific and advanced controls for larger organizations. Control D is packed with an arsenal of tools designed to secure and empower diverse teams:

1. Malware Blocking: Protecting business continuity against malicious threats with state-of-the-art detection techniques, all built in-house. Protect individual devices or entire networks in just a few minutes.

2. **Multi-Tenancy: Addresses the complexity of managing access and filtering policies across different departments, subsidiaries, or customer accounts within a large enterprise or service provider setting.

3. Modern Protocols: Security cannot be assured using standard DNS protocols. That’s why Control D supports all modern (and encrypted) protocols like DNS-over-HTTPS/3 and DNS-over-TLS.

4. Custom Filtering: Highly granular web filters provide power users with ultimate control, while more general curated lists allow DNS security newcomers to gain maximum security benefits with minimal effort.

5. Actionable Insights: Detailed network activity analytics empowers businesses to improve their security posture and make strategic decisions.

Control D for Organizations is more than a security tool—it’s a declaration that first-rate cybersecurity is no longer a luxury. It embodies a new era where organizations, irrespective of their size or financial prowess, can confidently protect their operations and data.

‘Control D for Organizations ‘, Empowering Every Business with Advanced Cybersecurity

Control D is a pioneer in software security, devoted to offering next-level, user-centric solutions. Backed by the years of security expertise of Windscribe VPN which protects over 68 million people, Control D leverages the largest physical VPN network and one of the fastest anycast DNS networks to deliver unparalleled security and freedom from surveillance on a global scale.

Join the DNS security revolution and equip your business with Control D. Visit controld.com for more information and take your first step towards comprehensive digital protection. Additional assistance for onboarding channel partners available. Free no-payment-details required trial is available.

Media Contact Information:

For further details, please contact Yegor Sak at business@controld.com or our channel partner lead Joe Jaghab at Joe@controld.com

 

Contact

Founder
Yegor Sak
Control D
business@controld.com
+1(848)500-9848

New York, U.S.A., January 22nd, 2024, Cyber Newswire

Memcyco will showcase its solutions at Deloitte’s annual Cyber iCON event, demonstrating how organizations can build effective defenses to protect their customers against digital impersonation fraud

Memcyco Inc, the real-time digital impersonation detection and prevention solution provider, and Deloitte, the leading consulting, advisory, and audit services firm, today announced their strategic partnership in the cybersecurity sector. The partnership enables Deloitte to extend this range of solutions offering customers Memcyco’s industry-leading anti-impersonation software. The solutions will be offered globally in regions such as the EMEA, LATAM, USA, and others.

Deloitte and Memcyco’s pivotal collaboration combines the former’s consulting expertise with the latter’s cutting-edge platform for detecting and preventing digital impersonation fraud in real time. This alliance will elevate fraud prevention to a new level, helping government organizations, enterprises, and brands protect themselves from damage and safeguard their reputations from being tarnished through attacks that use phishing sites to target their customers.

By virtue of their partnership, Memcyco and Deloitte will leverage additional solutions related to integration and cooperation, such as Deloitte’s Strategic & Reputation Risk Services. This multidisciplinary synergy ensures a holistic response to threats, capitalizing on each organization’s area of expertise and accumulated experience, thus offering more robust and complete solutions to clients.

Memcyco provides a platform for real-time detection, protection, and response to online impersonation attacks, whereby malicious actors use phishing, smishing, and other techniques to direct customers to fake pages that look and feel much like the real thing. These attacks trick users into giving up their personal data, such as login credentials and credit card information, which is subsequently used for ATO (account takeover) and other online attacks, leading to data breaches, theft of funds, and ransomware.

Unlike other solutions, Memcyco is singularly able to safeguard the “window of exposure” between when a fake website goes live and when the attacker attempts to use stolen data to access company web pages, using real-time alerts to warn users not to trust the spoofed site, as well as tracking attacker and victim activity. Addressing this window is crucial for organizations to be able to protect themselves from data breaches, financial losses, and reputational damage while protecting their customers from identity theft and financial harm.

Memcyco also provides organizations with full insight into attacks, including a list of all victims. This data not only gives the organization improved visibility, but also helps risk engines to predict fraud more accurately, thereby significantly decreasing remediation costs.

“Memcyco is delighted to build a partnership with Deloitte due to its dedicated team, expertise, and innovation capabilities,” said Israel Mazin, CEO of Memcyco. “Our shared commitment to empowering organizations to make informed decisions about their cybersecurity strategy is at the heart of our collaboration. In the long term, this partnership will pave the way for organizations of all sizes to mitigate impersonation and brandjacking attacks and to gain more trust from their customers.”

Memcyco will showcase its solutions at the third annual Deloitte Cyber iCON event in Spain on Jan 23, 2024. Cyber iCON allows businesses to gain first-hand knowledge about the most prevalent and sophisticated cyber threats they face today. Attendees will be able to learn about the latest strategies and countermeasures they can employ to safeguard themselves against advanced threats via real-world, interactive scenarios. Memcyco’s representatives will join Deloitte’s experts on-stage to discuss the dangers presented by digital impersonation and to introduce businesses to their comprehensive solution for mitigating such risks. Memcyco will also participate in a joint panel discussion and presentation alongside Deloitte’s expert cybersecurity consultants.

About Memcyco

Memcyco provides real-time digital impersonation detection, protection and response solutions to companies and their customers. Their real-time, agentless solutions are unique in fully safeguarding the critical “window of exposure” between when a fake site goes live and when an attacker attempts to use stolen data to access company web-pages. Memcyco alerts users who visit fake sites and gives organizations complete visibility into the attack, allowing them to take remediating actions. Led by industry veterans, Memcyco is committed to ensuring the security and digital trust of its customers – and of their customers. For more information, visit www.memcyco.com/.

About Deloitte

Deloitte has contributed to the development of business organizations and society during its more than 175 years of history. Faced with a constantly evolving reality, it has established itself as the advisor of reference for the transformation of large national and multinational companies using a multidisciplinary approach based on excellence, technological innovation and the continuous development of the talent of its professionals, maintaining its position as a leading professional services firm. The organization has strengthened its position by impacting clients, communities and people through the Make an impact that matters initiative, which is implemented in social action programs -WorldClass-, action against climate change -WorldClimate-, and its ALL IN diversity and inclusion strategy. Globally, the firm is present in more than 150 countries, where more than 345,000 professionals work. Learn more at: www.deloitte.com/.

Contact

Sheena Kretzmer
sheena@memcyco.com