Brightside AI raises USD 1 Million to fight next gen phishing

Human error remains the root cause of approximately 80-90% of cyberattacks, and a staggering 96% of social engineering attacks are initiated through email channels. The advent of ChatGPT has provided cybercriminals worldwide with the means to enhance their phishing endeavours across multiple languages, rendering them increasingly personalized and challenging for the untrained observer to detect.

“We are investing $1M in Brightside's infrastructure because it offers a powerful and innovative solution to combat the problem of human error in cybersecurity,” says Ivan Shkvarun, co-founder of Social Links. “Reducing human error is essential because no one can guarantee zero risk of cyberattacks, especially in a scenario where new AI phishing developments are on the rise and present a major threat to online security. That's why we're not only investing in Brightside's infrastructure but also supporting it with our data extraction solutions from more than 500 open sources. We understand the significance of harnessing technology to make a safer world.” Social Links is an OSINT platform that processes data from over 500 open sources to significantly accelerate data-centric tasks for companies involved in open data management. 

Operating from the Trust Village in Prilly, Brightside AI is an advanced cybersecurity solution designed to protect businesses and enable employees to control their personal data footprint. Brightside AI demonstrates to SMEs how much employee data is exposed publicly and enables them to minimize data exposure with 1-click data clean up in compliance with GDPR requirements. Brightside AI requires zero integration, empowering businesses to finally understand their external data risks and how to protect against them. The user application is designed to increase employee awareness by showing how much data is available about them publicly and what can be done about it. The business dashboard enables administrators to quickly get an understanding of their company's security position and initiate phishing tests for the most vulnerable team members.

Fighting phishing in the ChatGPT era

“Phishing attacks are up 47% in 2022 compared to 2021, and the advent of ChatGPT has personalized these threats and taken hackers' capabilities to a new level. Phishing is like marketing. The more data the attacker has on a victim, the better he can target and convert with his fraudulent message. Using Social Links OSINT infrastructure, Brightside will be able to show its users with up to 100% accuracy what threats their digital footprint poses to their security,” says Andrey Suzdaltsev, CEO and co-founder of Brightside AI. "We're excited about our strategic partnership with Social Links because it enables us to enhance our solution and, at the same time, allows us to apply the SL offering (or API) to the cybersecurity market in a unique way".

(Press release - ES)
Picture: Andrey Suzdaltsev, (l) and Andrey Lazarev