Index and Credo lead a $2.75 M seed in anti-fraud tech, Resistant AI

by RJ Shara | Apr 30, 2020 | Fundings and Exit, Startups

Prague based Resistant AI has snatched a$2.75 M seed round. The security start-up’s machine discovering technology is created to be deployed on top of AI systems used for financial
choice making to secure customers in markets such as financial services and ecommerce from attacks such as targeted control, adversarial machine learning and innovative fraud. The […] “We work with the reality that many attacks on AI systems require extensive interaction to discover the vulnerability,” he stated. “Our system is distinct by inspecting all the customer inquiries (which can take form or payments, cash transfers or credit applications examined by the system we safeguard) in context of comparable inquiries. Resistant AI isn’t breaking out client numbers yet but Rehak said it onboarded its very first clients last year. The bulk of work in this area is currently done in-house by the big tech business constructing their own proprietary systems– such as Google and Microsoft, he addedIncluded Resistant AI’s creators have a background in maker knowing usedto cyber security problems having actually founded Cognitive Security, an earlier start-up which they consequently offered to Cisco in 2013….