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

Jericho Aman Jericho, based in New York, received $ 15 million in funding from the “A” series to expand the cybersecurity training platform operating in Amnesty International. The investment, which announced today, follows the successful implementation of the company for a period of five months to hold the Ministry of Defense at a value of $ 1.8 million, which set the start of the two -year -old operating start on the map of cybersecurity.

“Within minutes, the advanced striker can now create an audio cloning that looks exactly like your financial manager requests a negative transfer urgently,” said Sage Wohns, co -founder and CEO of Jericho Security, in an exclusive interview with Venturebeat. “Training on traditional cyber security simply did not keep up with these threats.”

The financing round of Jasper Lau was led in the ERA fund, which previously supported the 3 million -dollar company tour in August 2023. Among the additional investors are Lux Capital, Gaingels Enterprise Fund, Gaindels Ai Fund, Distique Ventures, Plug & Play Ventures, and many project companies Specialized.

Cybarian military security contract has established credibility in the competitive market

The Jericho profile rose dramatically last November when the Pentagon chose the company to get the first defensive contract of artificial intelligence. The Air Force’s Innovation of the Air Force, Jericho, has accused Jericho of protecting military personnel from increasingly advanced hunting attacks.

“There was a spear hunting attack that targeted an Air Force drone pilot using fake user guides,” Wohns indicated in a previous interview. The incident confirmed how high -training employees can fall victim to carefully made deception.

This federal contract helped Jericho excellence in the crowded cybersecurity market, where players such as KNOWBE4, ProofPoint and Cofense control. Industry analysts estimated the security awareness sector at $ 5 billion annually, with expected growth to 10 billion dollars by 2027, as organizations are increasingly aware of human weakness as basic security.

How to fight artificial intelligence, Amnesty International: Automated opponents who learn employees ’weaknesses

Unlike traditional security training that relies on fixed templates and a predictive scenarios, the Jericho platform employs what Wohns “Agency AI” – independent systems that behave like actual attackers.

“If the employee ignores a suspicious email, our system may follow a text message that appears to come from his manager,” Wohns explained. “Just like the real attackers, artificial intelligence adapts to behavior, and learns approaches that work better against certain individuals.”

This multi -channel approach addresses the basic restriction of traditional security training: Most of the programs are the employees of yesterday’s attacks, not tomorrow. Jericho simulation can extend via e -mail, sound, text messages and even video calls, and to create allocated attack scenarios based on the role of the employee, behavior patterns and previous responses.

The company’s customer’s information board shows employees who fall into any types of attacks, allowing institutions to provide targeted treatment. Early data indicates that employees who have been trained in adaptive simulation dried by artificial intelligence are 64 % less likely to have actual hunting attempts than those who receive traditional security awareness training.

The financial director of Singapore is losing $ 500,000 to impersonate Dipvik’s executive personality

The financial risks of these new threats have become clear if Wohns highlights a highly created executive official deceived by artificially created from the company’s leadership.

“Singapore’s financial manager was deceived to transfer approximately $ 500,000 during a video call that he seemed to include the CEO of the company and other executives,” Wons. “Without the knowledge of the financial manager, these participants were from the depths of artificial intelligence, made using videos and records available to the public.”

The attack began with the WhatsApp message, which seems innocent, asking for an urgent meeting to enlarge. During the call, Deepfake’s deities persuaded the financial manager to authorize the transport. Only when the attackers tried to extract more money, doubts arose, in the end, which included the authorities that regained the initial transfer.

These incidents have become worrying. According to AI’s Deepfake report from AI, financial losses exceeded the fraud of Deepfake 200 million dollars worldwide during the first quarter of 2025. The report found that North America witnessed the largest number of accidents (38 %), followed by Asia (27 %) and Europe (21 %).

Industry reports have documented amazing growth rates in recent years, as some studies have shown DeepFake’s excesses by more than 1700 % in North America and exceeding 2000 % in some European financial sectors.

A new threat horizon: When artificial intelligence systems attack other artificial intelligence systems

Wohns identified more emerging threats that a few security teams are prepared: “AI agents reduce artificial intelligence factors.”

“With the spread of artificial intelligence tools within companies from customer support to internal automation, attackers began targeting and exploiting these agents directly.” “It is no longer just deceiving humans. Artificial intelligence systems are now the goal and unintended partners of the settlement.”

This represents a fundamental shift in the scene of cybersecurity. When institutions publish artificial intelligence assistants who can access internal systems, approve requests or provide information, they create new surfaces that are not covered by traditional safety methods.

The self -service platform opens access to smaller companies with the expansion of the targets of the attack

While major institutions have long been essential targets of advanced attacks, smaller organizations are increasingly finding themselves in cross -over crosses. In order to know this trend, Jericho launched a self -service platform that allows companies to spread security training that works with the same Amnesty International without the institution sales cycle.

Wons said: “The registration of self -service is in addition to our institution sales approach,” Wons said. “Self -service is designed to provide a low texture/touch for small to medium companies.”

Users can subscribe to a free trial for seven days and explore the product without sales meetings. This approach contradicts the standards of industry, as cybersecurity solutions usually include lengthy purchases and high touches sales approach.

Future security with the acceleration of the capabilities of artificial intelligence

Investment of $ 15 million in the first place will fund three initiatives: expanding the scope of research and development, and expanding the scope of transition to the market through partnerships, and the Jericho team with a focus on AI talents and talent for cybersecurity.

“One of our biggest technical challenges was to keep pace with the rapid development of Amnesty International itself,” Wons said. “Tools, models and techniques improve at an extraordinary rate, which means that our structure should be flexible enough to adapt quickly.”

The first clients were enthusiastic about the Jericho approach. “The customers felt very frustrated by lack of innovation with current solutions and the subsequent decrease in the event,” Wohns noted. “Within 30 days, customers define weaknesses via multiple channels and build highly dedicated and dynamic treatment programs based on contemporary threats and technologies.”

Since the boundaries between human communications and the machine, the nature of confidence in digital environments is redefined. The CEO of video or urgent email from IT or Customer Customer Service Support is what appears. In this new reality, Jericho is betting that the best defense does not know only employees to be suspicious – it explains exactly how they will be deceived before the real attackers get the opportunity