Social Links Pours $1M into Brightside AI to Bolster Defense Against Social Engineering Cyberattacks

TL;DR:

  • Social Links invests $1 million in Brightside AI, strengthening their partnership.
  • Brightside AI’s SaaS platform combats social-engineering cyberattacks fueled by generative AI.
  • Human error contributes to 80-90% of cyberattacks; 96% of social engineering attacks happen through email channels.
  • ChatGPT advancements enable personalized and challenging phishing attempts.
  • Social Links processes data from 500+ open sources, expediting data-centric tasks.
  • Brightside gains 5-year access to Social Links’ platform for enhancing AI models.
  • Brightside’s CEO highlights the rising threat of phishing attacks and the need for comprehensive data.
  • Social Links’ co-founder emphasizes the importance of mitigating human error in cybersecurity.
  • The partnership enhances Brightside’s solution and explores innovative cybersecurity applications.

Main AI News:

In a significant move within the tech investment realm, Social Links has sealed a deal worth $1 million with Brightside AI, a prominent player in the OSINT infrastructure space. The culmination of this partnership marks a pivotal moment in the ongoing battle against social-engineering cyberattacks, which have surged in the wake of widespread generative AI adoption.

Brightside AI’s prowess is epitomized by its cutting-edge SaaS platform designed to empower teams in countering social-engineering cyberattacks, a menacing category that accounts for a staggering 80-90 percent of cyber incidents. An astonishing 96 percent of these malicious forays are executed through email channels, underscoring the dire need for effective countermeasures.

The advent of ChatGPT has provided cybercriminals with a potent arsenal to elevate their phishing campaigns across diverse linguistic landscapes, rendering them increasingly sophisticated and formidable, thereby evading the detection of the untrained eye.

In tandem with these developments, Social Links stands as a formidable OSINT platform, meticulously processing data from over 500 open sources. This capability significantly expedites data-centric tasks for companies immersed in the intricate realm of open data management.

In this mutually beneficial collaboration, Brightside gains privileged access to the Social Links platform for a duration of five years. This access fuels the training of LLM models for Brightside’s artificial intelligence-driven human data search engine, equipping it with the prowess to operate with unparalleled efficacy, bolstered by real-world use cases.

Andrey Suzdaltsev, the astute CEO and co-founder of Brightside AI, elucidates, “Phishing attacks have surged by a formidable 47% in 2022 compared to the previous year, and the advent of ChatGPT has bestowed malevolent actors with the capability to personalize and elevate these threats to unprecedented heights. Phishing, in essence, mirrors marketing in its essence. The more comprehensive the data at the attacker’s disposal, the more effectively they can target and ensnare their victims with deceptive messages.”

Suzdaltsev further highlights the transformative potential of Social Links’ OSINT infrastructure, noting that it will empower Brightside’s users with unparalleled accuracy, revealing the extent of threats posed by their digital footprint to their security. This alliance with Social Links represents a strategic milestone, as it not only elevates Brightside’s solution but also paves the way for innovative utilization of the SL offering (or API) within the cybersecurity landscape.

Ivan Shkvarun, the co-founder of Social Links, shares his perspective on the investment, stating, “We are committing $1 million to bolster Brightside’s infrastructure because it offers a potent and innovative response to the endemic issue of human error in cybersecurity. The mitigation of human error is paramount, given that absolute immunity from cyberattacks remains an elusive goal, particularly in a landscape where AI-driven phishing tactics are on a relentless ascent, posing a formidable threat to online security.”

Shkvarun emphasizes the multifaceted support Social Links brings to the table, not only through financial investment but also by leveraging their data extraction solutions from an extensive repertoire of over 500 open sources. This holistic approach underscores the profound significance of harnessing technology to foster a safer digital world, safeguarded against the ever-evolving threats of the cyber domain.

Conclusion:

The $1 million investment from Social Links in Brightside AI signifies a pivotal step in bolstering defenses against social-engineering cyberattacks. With the rising threat of phishing attacks and the persistent challenge of human error in cybersecurity, this partnership not only enhances Brightside’s capabilities but also underscores the broader market need for innovative solutions to safeguard against evolving cyber threats.

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