Exclusive Group will manage the distribution of JASK’s ASOC Platform as part of a worldwide agreement
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Tag: AI
Large firms in India can incur around US$10.3 million losses due to cyber threats
A large-sized organization in India incurs on an average of US$ 10.3 million of economic loss from cyberattacks whereas a mid-sized organization incurs an average of US$11,000, reveals a Frost & Sullivan study commissioned by Microsoft.
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Zebra’s 2019 Insights: IoT is disrupting the enterprises
By 2020, there will be more than 20 billion devices connected to the IoT, according to research consultancy Gartner. Additionally, within that projection, they estimate more than 8 billion of those connected devices will be within the enterprise space – up from about 3 billion in 2017.
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In 2019, organizations will employ more automation to combat threats : Fortinet predicts
“We are seeing significant advances in cybercriminal tools and services which leverage automation and the precursors of AI. Organizations need to rethink their strategy to better anticipate threats and to combat the economic motivations forcing cybercriminals back to the drawing board,”said Michael Joseph, Director – System Engineering, India & SAARC – Fortinet
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AI based security startup CloudSEK raises Rs14 crore from Exfinity Venture Partners, StartupXseed Ventures
CloudSEK, an information security risk management SaaS-based startup, has raised ₹14 crores in its pre-Series A investment led by Exfinity Venture Partners and StartupXseed. CloudSEK will leverage the freshly raised funds to evolve its flagship product XVigil, a unified risk management platform.
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Digital Transformation helps Asia Pacific’s Healthcare firms gain upto 21% business improvements
In fact, by 2019, IDC predicts that 40% of digital transformation initiatives will be supported by Artificial Intelligence/ Cognitive capabilities, providing timely, critical insights for new operating and monetization models in Asia Pacific (excluding Japan).
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BlackBerry to acquire AI backed cybersecurity provider Cylance for $1.4 billion
BlackBerry Limited said that it has entered into a definitive agreement to wholly acquire Cylance, an artificial intelligence (AI) and cybersecurity leader, for $1.4 billion in cash, plus the assumption of unvested employee incentive awards.
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[24]7.ai blends chatbots and humans to improve intent recognition
With this new capability released in the Fall 2018 release, [24]7 AIVA can now leverage human agents during an interaction to ensure that it’s interpretation of intent is correct when the confidence score of a chatbot is low.
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APAC is early adopters of AI & machine learning in cybersecurity: Skybox Security’s Gidi Cohen
Cohen said APAC’s style of “leapfrog” technology and drive for digital transformation is particularly significant in the cybersecurity space.
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AI is changing the landscape of cybersecurity
“Signature-based systems are built around the concept of recognising and blocking the exploit and may require a new signature for each variant. The signature-based system doesn’t fix the underlying weakness, though it could shield it for a while,” said Ron Davidson, CTO – Skybox Security. AI is oftern confused with automation, but they are separate, distinct solutions to a common problem
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