Cisco's Cybersecurity Readiness Gap, AuthMind's $19.3M Boost, and Ox Security's $60M Raise - Cybersecurity AI Weekly #3
May 12, 2025 -
Cybersecurity AI Weekly
Hi there,
Welcome to this week's edition of Cybersecurity AI Weekly.
In recent developments, a study by Cisco Systems, Inc. has highlighted a concerning gap in cybersecurity readiness, with only 4% of organizations globally achieving a mature level. This comes amid increasing AI-related security incidents and a notable shortage of skilled professionals in the field. Meanwhile, Netwrix has strengthened its leadership team by appointing four new executives to spearhead advancements in AI and SaaS technologies.
On the investment front, AuthMind has secured a strategic investment from F5 as part of a $19.3 million seed funding round, aimed at bolstering its AI Identity Protection Platform. Additionally, Ox Security has raised $60 million to enhance its code vulnerability scanning capabilities, with backing from IBM Ventures and Microsoft. In a move to integrate cutting-edge technology, Nozomi Networks has incorporated NVIDIA BlueField DPUs to enhance AI-driven cybersecurity across various systems.
Welcome to this week's edition of Cybersecurity AI Weekly.
In recent developments, a study by Cisco Systems, Inc. has highlighted a concerning gap in cybersecurity readiness, with only 4% of organizations globally achieving a mature level. This comes amid increasing AI-related security incidents and a notable shortage of skilled professionals in the field. Meanwhile, Netwrix has strengthened its leadership team by appointing four new executives to spearhead advancements in AI and SaaS technologies.
On the investment front, AuthMind has secured a strategic investment from F5 as part of a $19.3 million seed funding round, aimed at bolstering its AI Identity Protection Platform. Additionally, Ox Security has raised $60 million to enhance its code vulnerability scanning capabilities, with backing from IBM Ventures and Microsoft. In a move to integrate cutting-edge technology, Nozomi Networks has incorporated NVIDIA BlueField DPUs to enhance AI-driven cybersecurity across various systems.
Cisco Study on Global Cybersecurity Readiness
A study by Cisco Systems, Inc. reveals that only 4% of organizations globally have mature cybersecurity readiness, with many facing AI-related security incidents and a talent shortage in the field. Read more
Netwrix Appoints New Leadership for AI and SaaS
Netwrix has appointed four new executives to its leadership team to drive AI and SaaS innovations. Paul Stephens, Shawn Valle, Michael Wetzel, and Jeff Warren will take on key roles to enhance product innovation and data security solutions. Read more
AuthMind Receives Investment from F5 for AI Identity Protection
On May 6, 2025, AuthMind announced a strategic investment from F5 as part of a $19.3 million seed funding round, aimed at enhancing identity observability and protection across various AI types. Read more
AI Safety Systems Vulnerable to Emoji Exploits
Research indicates that AI safety systems from Microsoft, Nvidia, and Meta can be bypassed using emojis, allowing harmful content to evade detection. Read more
Ox Security Secures $60M for Code Vulnerability Scanning
Ox Security has raised $60 million in a Series B funding round to enhance its code vulnerability scanning capabilities. The company, based in New York and Tel Aviv, aims to improve security for clients by analyzing over 100 million lines of code daily. Read more
Nozomi Networks Integrates NVIDIA BlueField DPUs for AI Security
Nozomi Networks has integrated NVIDIA BlueField DPUs to boost AI-driven cybersecurity in OT, IoT, and cyber-physical systems. This aims to enhance threat detection and response in critical infrastructure without disrupting existing systems. Read more
Adaptive Security Launches AI Content Creator
On May 7, 2025, Adaptive Security introduced its AI Content Creator, a platform combining language models and text-to-image features to aid security teams in creating training content for threats such as deepfakes and phishing. Read more
Qubika Acquires Nitra Security
Qubika has acquired Nitra Security, a Nashville-based cybersecurity firm, to enhance its AI security capabilities by integrating Nitra Security's expertise. Read more
Jericho Security Launches AI Phishing Defense Platform
Jericho Security has launched a self-service AI platform for phishing defense, alongside securing $15M in Series A funding and receiving awards at RSA Conference 2025. Read more
ProcessUnity Launches AI Tool for Risk Management
ProcessUnity has launched Evidence Evaluator, a generative AI tool aimed at improving the assessment and validation of third-party security controls by automating vendor documentation reviews. Read more
Barracuda Networks Introduces AI-Powered Threat Detection
Barracuda Networks, Inc. has announced the launch of new threat detection capabilities using multimodal AI, enhancing protection against cyber attacks by analyzing multiple data types simultaneously. Read more
UK Cyber Agency Warns of AI-Based Attacks by 2027
The UK National Cyber Security Centre has issued a warning about the expected rise in AI-driven cyber attacks targeting British critical infrastructure by 2027, highlighting the increased threat from nation-state hackers and other groups. Read more
Nvidia Launches AI Security Tool DOCA Argus
Nvidia has introduced DOCA Argus, a real-time security framework for AI infrastructure, featuring live threat detection and integration with enterprise platforms. Cisco is collaborating with Nvidia on this technology. Read more
CrowdStrike to Reduce Workforce by 5%
Cybersecurity firm CrowdStrike Holdings is set to cut 5% of its workforce, approximately 500 jobs, citing AI-driven productivity gains as a factor. Read more
Microsoft Bans DeepSeek App for Employees
Microsoft has prohibited its employees from using the DeepSeek app due to concerns over data security and potential Chinese propaganda, as stated by Vice Chairman and President Brad Smith during a Senate hearing. Read more
Google Introduces AI Tools for Chrome Scam Protection
On May 8, 2025, Google announced the deployment of AI-powered tools in Chrome to enhance user protection against online scams, utilizing its Gemini Nano model to combat phishing and other threats. Read more
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