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New York based Jericho Security Series A Funding has achieved $ 15 million to score his AI-operated cyber security training forum. The investment today, the company’s successful five -month -old $ 1.8 million, follows a successful five -month execution of the Defense Contract, which has placed a two -year -old startup on a cyber security map.
“A sophisticated attacker can now create a voice clone that seems like your CFO requests an immediate wire transfer,” said SEZ Voons, co-founder and chief executive officer of Jericho Security in a special interview with venturebeat. “Traditional cyber safety training has not just kept pace with these dangers.”
The funding round was led by Jasper Lau Era fundWho first supported the company’s $ 3 million seed round in August 2023. Additional investors include Lux capital, Divine fund, Gingles enterprise fund And Gingles AI Fund, Distic ventures, Plug and play venturesAnd many special enterprise firms.
Military Cyber Security Contract established credibility in competitive market
Jericho’s profile rose significantly in November when Pentagon selected the company for its first genetic AI Defense Contract. The $ 1.8 million prize through the Air Force innovation branch AFWERX, accused Jericho of protecting military personnel from rapidly sophisticated fishing attacks.
Vohans earlier said in an interview, “Fake user was a highly promoted spear-fish attack targeting Air Force drone pilots using manual. This incident underlined how high trained personnel can also be a victim of careful deception.
This federal contract helped Jericho stand in a crowded cyber security market, where the players established. Knowbe4, Proof pointAnd Coffus To dominate Industry analysts gave importance to security awareness training sector in $ 5 billion annually An increase of $ 10 billion by 2027 estimated Since organizations rapidly recognize human vulnerability as their primary security weakness.
How AI fights AI: Automatic opponents who learn the weaknesses of the employee
Unlike traditional safety training, which depends on the static template and the approximate scenarios, employs the platform of Jericho called vohan “Agentic AI” – the autonomous system that behaves like real attackers.
“If an employee ignores a suspicious email, our system can follow with a text message that comes from his manager,” Vohan explained. “Like real attackers, our AIs are favorable for behavior, learning that do the best work against specific individuals.”
This multi-channel approach addresses a fundamental limit of traditional safety training: most programs prepare employees for tomorrow’s attacks, not tomorrow. Jericho’s simulation can expand email, voice, text messages and even video calls to create a landscape of individual attack based on the role of an employee, behavior pattern and previous reactions.
The company’s client dashboard suggests which employees fall to what types of attacks, allowing organizations to give targeted treatment. Initial data suggests that trained employees with adaptive, AI-driven simulation are likely to be 64% lower for real fishing efforts compared to those receiving traditional safety awareness training.
Singapore CFO lost $ 500,000 to deepfec’s executive imperfection
Financial bets of these new threats were clear in a case that includes financed executives cheated by artificially generated versions of the company’s leadership.
“A CFO in Singapore was cheated to move around $ 500,000 during a video call, including the company’s CEOs and other officials,” Wonse said. “Unaware of the CFO, these participants were AI-borne deepch, which were prepared using publicly available videos and recording.”
The attack began with an innocent WhatsApp message, requesting an essential zoom meeting. During the call, the Deepfek avatar persuaded the CFO to authorize transfer. Only when the attackers attempted to withdraw more funds, doubts arose, eventually involved officers who recovered the initial transfer.
Such incidents are becoming dangerous common. As AI’s Q1 2025 Deepfakes get from the accident reportFinancially Deepfec-Saksham Fraud has exceeded $ 200 million globally During the first quarter of 2025. The report found that North America experienced the highest number of events (38%), followed by Asia (27%) and Europe (21%).
Industry reports have increased the growth rate in recent years, some studies have shown deepfhek fraud attempts. More than 1,700% in North America And some more than 2,000% in European financial sectors.
New Danger Horizon: When AI System attacks other AI systems
Wohns identified more about emerging threats, which are ready for some security teams: “AI Agents Fishing AI Agent.”
He said, “AI tools spread within companies ranging from customer support chatbots to internal automation, the attackers are directly targeting and exploiting these agents,” they explained. “It is now being cheated only by humans. The AI system is now both unknown companions of the target and compromise.”
It represents a fundamental change in the cyber security scenario. When organizations deploy AI assistants that can reach internal systems, approve requests, or provide information, they construct new attack surfaces that do not address traditional safety approaches.
Self-service platform opens out access to small businesses because the goals of the attack are widespread
While major enterprises are the primary goals for long -finished sophisticated attacks, small outfits are fast finding themselves in Crosshair of Cyber Criminal. Recognizing this trend, Jericho has launched a self-survis platform that allows companies to deploy AI-managed security training without enterprise sales bicycles.
“Self-service registration is in addition to our enterprise sales approach,” said Vohans. “Self-service is designed to provide no-touch/low-touch for small to medium businesses.”
Users can sign up for seven-day free testing and detect the product without sales meetings. This approach is contrary to industry norms, where cyber security solutions usually include long procurement processes and high-touch sales approaches.
Future proofing safety as accelerating AI capabilities
Investment of $ 15 million will mainly fund three initiatives: expanding research and development, scales of Go-to-Market Strategies through partnership, and focusing on AI and cyber security talent with Jericho’s team.
“One of our biggest technical challenges keeps pace with the rapid development of AI,” Vohans said. “Tools, models and techniques are improving an extraordinary rate, which means that our architecture must be flexible to adapt quickly.”
Initial customers have responded enthusiastically to Jericho’s approach. “Customers have suffered a lot of disappointment over the lack of innovation and later decline in efficacy,” Vohans said. “Within 30 days, customers identify weaknesses in many channels and create highly individual and dynamic treatment programs based on contemporary hazards and techniques.”
As the boundaries between human and machine communication smear, the nature of faith in the digital environment is being defined again. Executive on a video call, immediate email from IT support, or customer service chatbot may not be what they appear. In this new reality, Jericho Security is betting that the best rescue is not only teaching employees suspects – it is showing them how real attackers will be cheated before they get a chance.
