Is that really your boss calling? Jericho Security raises $15M to stop deepfake fraud that’s cost businesses $200M in 2025 alone

New York-based Jericho Security The AI-powerful Cybersecurity provides $ 15 million in a financial area to scalt the teaching platform. The investment announced today is followed by the company’s successful five-month execution Department of Defense Agreement of $ 1.8 million put a two-year-old start on the cyberecurity map.

“In a few minutes, an advanced aggressor can create an emergency wire transfer,” said CFO’s fully visible voice cloon, “said Sage Wohns, co-founder, co-founder and CEO. “Traditional cyberem training has not only maintained the pace with these threats.”

Funding Tour was managed by Jasper Lau CycleEarlier, in August 2023, the company supports the $ 3 million seed tour. Includes additional investors Luctar capital, Tire Foundation, Gaingels Enterprise Fund and Gaingels AI Foundation, Ventures Distic, Connect ventures and playand several specialized enterprises.

A military vehicle contract creates reliability in a competitive market

Jerichon’s profile rose in November when the Pentagon first chose the company for the first generation AI defense agreement. Award $ 1.8 million through AfwerxThe innovation goal of the military personnel is accused of protecting military personnel protection against military personnel.

“Using military user instructions, military users using military users, the highest phyrother attack targeting Drone pilots,” he said in a previous interview. The incident said even highly trained staff could also suffer for carefully crafted deception.

This federal agreement has helped to distinguish a crowded cyber security market, where Jericho’s players are built Knowbe4, Sofrotand Cofense dominated. Industrial analysts assess the security awareness-raising education sector in $ 5 billion a year Up to $ 2 billion increase by 2027 Organizations recognize human sensitivity as a basic safety weakness.

How AI fights: Automated enemies that learn the weaknesses of employee

Unlike conventional security training, the Jericho platform, which rely on static templates and predicted scenarios, uses the autonomous systems such as the actual aggressors.

“If an employee ignores a suspicious e-mail, our system can be watched with a text message from their managers,” he said. “As true aggressors, it adapts to AI behavior, and it adapts to learn how approach is best to work against special individuals.”

This multi-channel approach solves the main restriction of traditional security training: most programs are preparing employees for yesterday’s attacks, not tomorrow. Jerichon’s simulations, email, sound, text messaging and even video calls, can make video calls and even video calls, creating individual attack scenarios based on an employee’s role, behavioral patterns and previous answers.

The company’s customer dashboard allows the attacks to which attacks, which attacks, and organizations allow organizations to take the target treatment. Early information, adaptive, the EU managed simulations show that employees are more likely to fall 64% less than those who receive traditional security awareness training.

Singapore CFO loses $ 500,000 to DEEPHFake Executive Power

The financial shares of these new threats were clear in a situation related to a financial executor of artificially generated versions of the company’s ridership.

“A CFO in Singapore, the CEO of the Company and other managers, about $ 500,000,” Wohns said during a video call. “As for CFO, these participants were clearly created by the EU created by using existing videos and articles.”

The attack started with an innocent WhatsApp message that requires an urgent magnitude session. During the call, Deepfake Avatars allowed CFO to transfer. Only when the attackers were trying to remove more funds, doubts were doubted, resulting in the initial transfer bodies.

Such events are excited. According to AI’s Q1 2025 is similar to the Deepfake event reportFinancial losses Deepfake-effective fraud has exceeded $ 200 million in the world During the first quarter of 2025. The report found that North America’s most incidents (38%), followed by Asia (27%) and Europe (21%).

Industrial reports documented amazing growth rates in recent years, with some investigations, the depth fraud has increased More than 1700% in North America and more than 2,000% in European financial sectors.

New Danger Horizontal: While AI systems attack other AI systems

Wohns, a little security team for several security teams further increased due to the threat developed: “AI agents phishing AI agents.”

“AI tools spread out of companies from Chatbots from Chatbots to internal automates, the attackers directly start targeting and exploiting these agents,” he said. “The only people are already deceived. AI systems are now both targets and discounted participants.”

This represents a fundamental turn in cyberminational landscape. When organizations can enter internal systems, they create a new attack surfaces that do not address a traditional security approach, which may include desires or inform the wishes.

Self-service platform opens access to small businesses such as attack targets landing

Although large enterprises have been initial targets for the long-complex attacks, small organizations find themselves in the crossrition of cyber criminals. To recognize this trend, Jericho launched its own service platform, which allows companies to place security training in AI without an enterprise.

“Self-service registration is in addition to the sales approach of our enterprises,” Wohns said. “Self-service is designed to provide touch / lower touches to small and medium enterprises.”

Users can register for a seven-day free trial and examine the product without sales meetings. This approach is different from industrial standards, cyber security solutions usually cover long-term procedures and high-weave sales approaches.

Protected security as AI opportunities are accelerated

$ 15 million in investment, first of all, the expansion of research and development, expansion of research and development, expansion of strategies to the market and aI and cybersecurity will be grown.

“One of the biggest technical problems continues the pace with the rapid evolution of the AI,” he said. “Tools, models and methods are improving in an emergency rate, ie our architecture should be flexible enough to fit quickly.”

Early clients responded eagerly to the approach of Jerichon. “Customers have been very disappointed with the lack of innovations with the subsequent decline in solutions and effectiveness,” Wohns said. “For 30 days, customers identify more than one channel and build a highly individual and dynamic treatment program based on modern threats and techniques.”

The borders between human and machine communication are redefined with the great nature of confidence in digital environments. In a video call, this support cannot be an emergency email or customer service chatBot. In this new reality, Jericho’s security has not taught only employees to be the suspect of the best defense and how to deceive the chances of actual aggressors