Saturday, 26 Jul 2025
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
logo logo
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
  • 🔥
  • Trump
  • House
  • VIDEO
  • ScienceAlert
  • White
  • Watch
  • Trumps
  • man
  • Health
  • Season
Font ResizerAa
American FocusAmerican Focus
Search
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
Follow US
© 2024 americanfocus.online – All Rights Reserved.
American Focus > Blog > Tech and Science > Is that really your boss calling? Jericho Security raises $15M to stop deepfake fraud that’s cost businesses $200M in 2025 alone
Tech and Science

Is that really your boss calling? Jericho Security raises $15M to stop deepfake fraud that’s cost businesses $200M in 2025 alone

Last updated: April 25, 2025 1:25 am
Share
Is that really your boss calling? Jericho Security raises M to stop deepfake fraud that’s cost businesses 0M in 2025 alone
SHARE

New York-based Jericho Security has recently announced securing $15 million in Series A funding to expand its AI-powered cybersecurity training platform. This funding comes on the heels of the company’s successful completion of a $1.8 million Department of Defense contract, which helped establish Jericho Security as a key player in the cybersecurity industry.

CEO Sage Wohns highlighted the growing threat landscape, stating that attackers can now create voice clones that mimic company executives to deceive employees into transferring funds. Traditional cybersecurity training methods are struggling to keep pace with these evolving threats, making innovative solutions like Jericho Security’s platform essential for organizations.

The Series A funding was led by Era Fund, with additional support from Lux Capital, Dash Fund, Gaingels Enterprise Fund, Gaingels AI Fund, Distique Ventures, and Plug & Play Ventures. This investment will enable Jericho Security to further develop its AI-driven training simulations and expand its reach in the market.

Jericho Security gained significant credibility in the cybersecurity space after being awarded a $1.8 million contract from the Pentagon to protect military personnel from phishing attacks. This contract highlighted Jericho’s unique approach to training, which uses agentic AI to simulate real-world attack scenarios and adapt to individual employee behaviors.

The company’s platform offers multi-channel simulations, including email, voice, text messaging, and video calls, to create personalized training experiences for employees. By analyzing employee responses to these simulations, organizations can identify vulnerabilities and tailor remediation efforts to improve security awareness.

Wohns also shared a case study where a CFO in Singapore fell victim to a deepfake-enabled fraud scheme, resulting in a substantial financial loss. This incident underscores the growing prevalence of deepfake attacks, with global losses exceeding $200 million in the first quarter of 2025. As deepfake technology becomes more sophisticated, organizations must be vigilant in training employees to recognize and respond to these threats.

See also  Earth's 'Great Dying' killed 80-90% of life. How some amphibians survived.

Looking ahead, Jericho Security is focused on addressing emerging threats, such as AI agents targeting other AI systems. By staying ahead of these evolving risks and continuously updating its platform, Jericho aims to future-proof organizations against cyber threats.

The company’s self-service platform allows smaller businesses to access AI-powered security training without the need for lengthy procurement processes. This approach democratizes cybersecurity training and empowers organizations of all sizes to enhance their security posture.

With the support of its investors, Jericho Security is poised to lead the charge in innovative cybersecurity training solutions. By leveraging AI technology and adapting to the ever-changing threat landscape, Jericho aims to redefine trust in digital environments and empower organizations to defend against sophisticated cyber attacks.

TAGGED:15M200MBossbusinessesCallingCostdeepfakefraudJerichoraisesSecuritystop
Share This Article
Twitter Email Copy Link Print
Previous Article April 25, conference opens to create the Charter of the United Nations April 25, conference opens to create the Charter of the United Nations
Next Article Blake Lively Brings Prom Night to the Red Carpet Blake Lively Brings Prom Night to the Red Carpet
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

AI startups continue fueling San Francisco’s office recovery

AI Startups Revitalizing San Francisco's Northern Waterfront After years of "for lease" signs dominating the…

June 6, 2025

10+ years in federal prison for man who carjacked couple because he needed to get home quickly

Naronn Cain (Chicago Police Department) Chicago Man Sentenced to Federal Prison for Carjacking Incident CHICAGO…

December 14, 2024

Passerby finds shooting victim in area previously served by ShotSpotter; nearest ‘shots fired’ call was a mile away

Man Found Shot in Legs Outside Marquette Park Laundromat Chicago police responded to a call…

November 3, 2024

101 Short Mother’s Day Quotes for a Happy, Loving and Grateful Day

Mother’s Day is approaching, and it can be challenging to find the right words to…

April 5, 2025

‘We don’t have to roll back anything’

AT&T CEO John Stankey is making headlines with the announcement of a major new fiber…

May 23, 2025

You Might Also Like

Vitamin D During Pregnancy Linked to Cognitive Boost in Children : ScienceAlert
Tech and Science

Vitamin D During Pregnancy Linked to Cognitive Boost in Children : ScienceAlert

July 25, 2025
Interstellar Meteors Hit Earth All the Time but Still Elude Astronomers
Tech and Science

Interstellar Meteors Hit Earth All the Time but Still Elude Astronomers

July 25, 2025
Solar drone with wingspan wider than jumbo jet could fly for months
Tech and Science

Solar drone with wingspan wider than jumbo jet could fly for months

July 25, 2025
How Efficiency Gives Businesses a Competitive Edge
Lifestyle

How Efficiency Gives Businesses a Competitive Edge

July 25, 2025
logo logo
Facebook Twitter Youtube

About US


Explore global affairs, political insights, and linguistic origins. Stay informed with our comprehensive coverage of world news, politics, and Lifestyle.

Top Categories
  • Crime
  • Environment
  • Sports
  • Tech and Science
Usefull Links
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA

© 2024 americanfocus.online –  All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?