With the latest funding round bringing Abnormal Security's valuation to $4 billion, Reiser discusses plans to enhance its machine-learning artificial intelligence capabilities.
Attackers have been leveraging a novel phishing approach that involves the creation of an unusual link with an "@" symbol in between, which browsers identify as legitimate domains and therefore allows evasion of security systems, according to Threatpost.
VentureBeat reports that Abnormal Security has secured a $210 million investment from a Series C funding round, which will be allocated toward improving its cloud-native email security platform to better mitigate business email compromise and other email-based attacks.
BEC scams jumped a whopping 65% to a total of $43 billion in losses worldwide in just five years, from 2016 to 2021, according to an FBI public service announcement.
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