New York based Jericho Security has received $ 15 million in series A financing to scale its AI-operated Cyber Security training platform. The investment announced today follows the successful five-month execution of a $ 1.8 million contract for the corporate's Ministry of Defense, which puts the two-year startup on the cybersecurity card.
“Within minutes, a classy attacker can now create a language clone that sounds just as in case your CFO is asking for an urgent wire transfer,” said Sage Wohns, co -founder and Chief Executive Officer by Jericho Security, in an exclusive interview with enterprise beat. “Traditional cyber security training simply didn't sustain with these threats.”
The financing round was led by Jasper Lau at Era Fundwho previously supported the corporate's 3 million dollars -round of the corporate in August 2023. Additional investors include Lux CapitalPresent Dash findPresent Gaingels Enterprise Fund And Gaingels Ai FundPresent Ventures disticPresent Plug & Play Venturesand a number of other specialized risks.
The military cyber security contract established credibility on the competition market
Jericho's profile increased significantly last November when the Pentagon had chosen the corporate for its first generative AI defense agreement. The price of 1.8 million US dollars by Afwerx, the Luftwaffe innovation low, accused Jericho, military personnel from increasingly demanding phishing attacks.
“There was a highly best known spear phishing attack on Air Force Drone pilots with fake user manuals,” said Wohn in an earlier interview. The incident underlined how even highly qualified staff can change into victims of fastidiously produced deception.
This covenant Knowbe4Present ProofpointAnd Coot dominate. Industry analysts appreciate the training sector for security awareness with 5 billion US dollars a yr Projected growth to 10 billion US dollars by 2027 As organizations, human vulnerability increasingly recognize as primary security weakness.
How AI fights against AI: automated opponents who learn worker weaknesses
In contrast to standard security training, which depend on static templates and predictable scenarios, the Jericho platform uses what living “Agentic Ai” – autonomous systems that behave like actual attackers.
“If an worker ignores a suspicious e -mail, our system can pursue an SMS message that seems to return from his manager,” said Wohn. “Just like real attackers, our AI adapts to the behavior and the training that approaches that best work against certain people.”
This multi-channel approach deals with a fundamental restriction of traditional security training: Most programs prepare the staff for yesterday's attacks, not for tomorrow. Jericho's simulations can include e -mails, language, text messages and even video calls and create personalized attack scenarios based on the role of an worker, the behavioral patterns and former answers.
The company's customer dashboard shows which employees fall for the kinds of attacks in order that organizations can provide targeted renovation. Early data indicates that employees who’ve been trained with adaptives, AI-controlled simulations are less more likely to fall on actual phishing attempts than those that receive traditional training training training.
Singapore CFO loses 500,000 US dollars of DeepfaK Executive Identity
In one case, the financial missions of those recent threats became clear by which living affects a financial manager that was deceived by artificially generated versions of the company management.
“A CFO in Singapore was deceived to be transferred almost 500,000 US dollars during a video call that contained the corporate's CEO and other managers,” said living. “Unknown for the CFO, these participants were generated with Deepfakes, which were made with publicly available videos and recordings.”
The attack began with an apparently innocent WhatsApp message that demanded an urgent zoom meeting. During the decision, the DeepfaK -AVATARE persuaded the CFO to approve the transmission. Only when the attackers tried to extract more funds did suspicion occur, with the authorities who were ultimately involved within the initial transfer.
Such incidents are spread alarming. Accordingly SimilarFinancial losses of The Deepfake-capable fraud exceeds $ 200 million worldwide In the primary quarter of 2025, the report showed that North America recorded the very best variety of incidents (38%), followed by Asia (27%) and Europe (21%).
Industry reports have documented amazing growth rates in recent times, with some studies showing More than 1,700% in North America And over 2,000% in certain European financial sectors.
New threat horizon: When AI systems attack other AI systems
Living identified a good more emerging threat that only a couple of security teams have prepared: “AI agent Phishing AI agents”.
“When KI tools multiply in Customer Support Chatbots to internal automation, attackers begin to take up and reap the benefits of these agents,” he said. “It is not any longer just people who find themselves deceived. KI systems at the moment are each the goals and the ignorant compromises.”
This represents a fundamental postponement of the cyber security landscape. If organizations use AI assistants who access internal systems, approve or provide information, create recent attack areas with which conventional security approaches will not be addressed.
The Self-Service platform opens up access to smaller corporations when the targets are expanded
While large corporations have long been the foremost goal for highly developed attacks, smaller organizations are increasingly present in cyber criminals. Jericho recognizes this trend and has launched a self-service platform on which corporations can use AI-driven safety training without the sales cycle for corporations.
“Self-service registration is along with our sales approach for corporations,” said Wohns. “Self-service is designed in such a way that small to medium-sized corporations offer no-touch/low-touch.”
Users can register for a seven -day free test version and explore the product without sales meetings. This approach is in contrast to industry forms, by which cyber security solutions often include lengthy procurement processes and high -touch sales approaches.
Accelerate future security as AI functions
The investments of $ 15 million will primarily finance three initiatives: expansion of research and development, scaling strategies for market launch through partnerships and the expansion of Jericho's team with a give attention to AI and cybersecurity talents.
“One of our best technical challenges was to maintain up with the rapid development of the AI itself,” said Wohn. “The tools, models and techniques improve at an exceptional speed, which suggests that our architecture have to be flexible enough to adapt quickly.”
Early customers were obsessed with Jericho's approach. “Customers were extremely frustrated by the shortage of innovation with reigning solutions and the following decline in effectiveness,” said Wohn. “Within 30 days, customers discover weaknesses over several channels and construct highly personalized and dynamic renovation programs based on contemporary threats and techniques.”
Since the boundaries between human and machine communication blur, the character of trust in digital environments is redefined. The manager of a video call, the urgent e -mail from IT support or customer support chatbot is probably not what you appear. In this recent reality, Jericho's security bend on the undeniable fact that the very best defense not only teaches the staff
