Adaptive Security raises millions to fight AI scams

OpenAI has made its first move into the cybersecurity space by co-leading a US$43 million Series A funding round for New York-based startup Adaptive Security.

The round was also backed by venture capital firm Andreessen Horowitz, highlighting growing investor interest in solutions aimed at tackling AI-driven threats.

Adaptive Security specialises in simulating social engineering attacks powered by AI, such as fake phone calls, text messages, and emails. These simulations are designed to train employees and identify weak points within an organisation’s defences.

With over 100 customers already on board, the platform is proving to be a timely solution as generative AI continues to fuel increasingly convincing cyber scams.

The funding will be used to scale up the company’s engineering team and enhance its platform to meet growing demand.

As AI-powered threats evolve, Adaptive Security aims to stay ahead of the curve by helping organisations better prepare their staff to recognise and respond to sophisticated digital deception.

For more information on these topics, visit diplomacy.edu.