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Disputed.ai, a leading AI-powered chargeback management platform, has raised $1.1m in seed funding to enhance its automation capabilities and expand its enterprise offering.The investment will enable the company to accelerate its mission of redefining chargeback management for large-scale merchants through AI-driven solutions.Founded by former merchants and technologists who experienced the inefficiencies of traditional chargeback processes, Disputed.ai combines artificial intelligence with deep industry expertise to streamline dispute management. The platform is tailored for enterprise merchants handling between 1,000 and 100,000 chargebacks monthly, allowing them to process disputes efficiently without requiring a large operational team.Disputed.ai CEO and co-founder Shawn Kelley said,”Our experience…

Disputed.ai, a leading AI-powered chargeback management platform, has raised $1.1m in seed funding to enhance its automation capabilities and expand its enterprise offering.The investment will enable the company to accelerate its mission of redefining chargeback management for large-scale merchants through AI-driven solutions.Founded by former merchants and technologists who experienced the inefficiencies of traditional chargeback processes, Disputed.ai combines artificial intelligence with deep industry expertise to streamline dispute management. The platform is tailored for enterprise merchants handling between 1,000 and 100,000 chargebacks monthly, allowing them to process disputes efficiently without requiring a large operational team.Disputed.ai CEO and co-founder Shawn Kelley said,”Our experience…

SecurityWeek’s cybersecurity news roundup provides a concise compilation of noteworthy stories that might have slipped under the radar. We provide a valuable summary of stories that may not warrant an entire article, but are nonetheless important for a comprehensive understanding of the cybersecurity landscape. Each week, we curate and present a collection of noteworthy developments, ranging from the latest vulnerability discoveries and emerging attack techniques to significant policy changes and industry reports.  Here are this week’s stories: $150 million cryptocurrency heist linked to LastPass hack  Federal investigators have linked a January 2024 cryptocurrency heist that resulted in the theft of…

Since August 2024, both state-sponsored hackers and cybercriminals have been adopting a technique called ClickFix to deploy information stealer malware, cybersecurity firm Group-IB reports. ClickFix is a social engineering technique in which malicious JavaScript code on web pages prompts the user to perform an action that results in the delivery of a malicious payload. Typically, the user sees a prompt instructing them to perform an update, fix an error, or verify that they are human on a fake reCAPTCHA page containing malicious code. The malicious JavaScript code copies a command to the clipboard, and the user is instructed to open…

The US Justice Department announced on Thursday that a LockBit ransomware developer arrested in Israel in 2024 has been extradited to the United States, where he faces charges related to his role in the cybercrime operation. Rostislav Panev, aged 51, is a dual Russian and Israeli national. He has been accused of helping develop the LockBit ransomware, which he allegedly admitted after he was taken into custody by Israeli authorities in August 2024. Authorities have accused him of working on the LockBit malware between June 2022 and February 2024, for which he received roughly $10,000 worth of cryptocurrency per month.…

Redwood Shores, CA-based startup Tumeryk has launched its AI Trust Scores to provide organizations with a deeper understanding of the security issues around the different gen-AI systems. It also announced the availability of its AI Trust Score Manager. The former gives CISOs greater visibility into the strengths, weaknesses and risks associated with different gen-AI foundational models, while the latter can operationalize quantitative controls on the gen-AI responses of in-house deployments. AI Trust Scores evaluates and quantifies risk based on nine critical factors: prompt injection, hallucinations, insecure output handling, security, toxicity, sensitive information disclosure, supply chain vulnerability, psychological safety and fairness.…

It’s that time of year. Marketing teams are under water with event strategy for booths, parties, and everything else. The media are hiding from public relations professionals. Chief information security officers (CISOs) are running from salespeople. Everyone is bracing themselves for extroversion. Presenters are frantically sifting through data to bring together presentations. Yup, it’s RSA Conference prep time. I wanted to do a guide on how to get through the conference with your sanity, energy, and key performance indicators (KPIs) intact, but from the lens of a different mix of contributors: one of this year’s keynoters, company founders, an industry…

Two Microsoft researchers have devised a new, optimization-free jailbreak method that can effectively bypass the safety mechanisms of most AI systems. Called Context Compliance Attack (CCA), the method exploits a fundamental architectural vulnerability present within many deployed gen-AI solutions, subverting safeguards and enabling otherwise suppressed functionality. “By subtly manipulating conversation history, CCA convinces the model to comply with a fabricated dialogue context, thereby triggering restricted behavior,” Microsoft’s Mark Russinovich and Ahmed Salem explain in a research paper (PDF). “Our evaluation across a diverse set of open-source and proprietary models demonstrates that this simple attack can circumvent state-of-the-art safety protocols,” the…

WEST PALM BEACH, Fla. (AP) — Math enthusiasts around the world, from college students to rocket scientists, celebrate Pi Day, which is March 14 or 3/14 — the first three digits of an infinite number with many practical uses.Many people will mark the day with a slice of pie — sweet, savory or even pizza.Simply put, pi is a mathematical constant that expresses the ratio of a circle’s circumference to its diameter. It figures into numerous formulas used in physics, astronomy, engineering and other fields, dating back thousands of years to ancient Egypt, Babylon and China.Pi Day itself dates to…

WEST PALM BEACH, Fla. (AP) — Math enthusiasts around the world, from college students to rocket scientists, celebrate Pi Day, which is March 14 or 3/14 — the first three digits of an infinite number with many practical uses.Many people will mark the day with a slice of pie — sweet, savory or even pizza.Simply put, pi is a mathematical constant that expresses the ratio of a circle’s circumference to its diameter. It figures into numerous formulas used in physics, astronomy, engineering and other fields, dating back thousands of years to ancient Egypt, Babylon and China.Pi Day itself dates to…