Radiant Security secures US $ 15 million to meet growing demand for AI-enhanced security
R security operations solutions , has announced the successful closure of a US $ 15 million Series A funding round . This strategic financing , led by Next47 , reaffirms the soaring demand for cutting-edge , AI-based solutions that address the longstanding challenges faced by Security Operations Centres ( SOCs ).
ThreatX data reveals 97 % of consumers predict cyberattacks will get worse
N and application protection platform , revealed that the vast majority of consumers are concerned that cyberattacks will increase or remain consistent over the coming year ( 97 %) and become more sophisticated ( 69 %), outpacing the ability of cyber defences to protect against these threats . Only 13 % reported feeling that they were going to be completely protected from cyberattacks in the year ahead . gauge consumer sentiment on this topic ,” said Gene Fay , CEO at ThreatX . “ What we ’ ve found is that consumers are keeping a pulse on cybersecurity trends and have serious concerns around how their sensitive information is protected . As they look at the companies that they do business with , it ’ s clear they ’ ll be expecting more robust cybersecurity measures to be put in place to meet the evolving threats of tomorrow .” u
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Radiant Security secures US $ 15 million to meet growing demand for AI-enhanced security
adiant Security , a pioneering force in AI-enhanced
R security operations solutions , has announced the successful closure of a US $ 15 million Series A funding round . This strategic financing , led by Next47 , reaffirms the soaring demand for cutting-edge , AI-based solutions that address the longstanding challenges faced by Security Operations Centres ( SOCs ).
Shahar Ben-Hador , CEO and Co-founder of Radiant Security , says the company plans to expand its engineering and goto-market capacity to bolster its position as a front-runner in the rapidly-emerging AI-enhanced security operations market .
Solving complex security operations use cases with the power of AI
Today ’ s SOCs employ dozens of tools to help safeguard their environment from attacks and these tools generate so much noise that it ’ s nearly
impossible for analysts to keep up . While security analysts spend countless hours performing the same tedious , timeconsuming tasks over and over , they still barely scratch the surface . This model is both demoralising and ineffective due to a reliance on human effort – a particularly scarce resource in the cyber community .
In response , SOCs are increasingly turning to AI-enhanced solutions like Radiant Security ’ s SOC co-pilot , for relief , aiming to empower analysts to complete their workloads and level the playing field with cyberattackers . The SOC co-pilot is an ideal fit for SOC workloads due to its scalability and ability to analyse extensive , disparate data sets . The solution is a powerful assistant whose role is to amplify analyst productivity by automating laborious tasks like alert triage and incident investigation , delivering decision-ready results . This forms the core of Radiant ’ s innovation and the results speak for themselves .
ThreatX data reveals 97 % of consumers predict cyberattacks will get worse
ew research released from ThreatX , a leading API
N and application protection platform , revealed that the vast majority of consumers are concerned that cyberattacks will increase or remain consistent over the coming year ( 97 %) and become more sophisticated ( 69 %), outpacing the ability of cyber defences to protect against these threats . Only 13 % reported feeling that they were going to be completely protected from cyberattacks in the year ahead . gauge consumer sentiment on this topic ,” said Gene Fay , CEO at ThreatX . “ What we ’ ve found is that consumers are keeping a pulse on cybersecurity trends and have serious concerns around how their sensitive information is protected . As they look at the companies that they do business with , it ’ s clear they ’ ll be expecting more robust cybersecurity measures to be put in place to meet the evolving threats of tomorrow .” u
ThreatX ’ s survey of 2,000 consumers across the UK and US sheds light on consumers ’ predictions for cybersecurity in 2024 , including their biggest concerns and their plans to adjust their practices .
Results found that most consumers ( 94 %) predict that cyberattack methods will become more difficult to defend against in 2024 . At the same time , only 6 % believe new cybersecurity defences will be able to defend against these new and rising threats to ensure data remains protected and secure .
“ Every year , analysts , security and technology experts put out their predictions on where the cybersecurity industry is going , the biggest threats likely to arise and up and coming themes and technologies to watch out for , but we hardly ever
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