subslover
1 year ago
ZeroFox Announces Generative AI Capabilities, Develops FoxGPT
Inspired by ChatGPT, the external cybersecurity innovator begins to release generative AI to augment intelligence workflows
WASHINGTON, May 10, 2023 (GLOBE NEWSWIRE) -- ZeroFox (Nasdaq: ZFOX), a leading external cybersecurity provider, announced its plans for releasing generative AI into its External Cybersecurity Platform with the preview of FoxGPT. FoxGPT capabilities will optimize intelligence analyst workflows with the ability to analyze and contextualize malicious content online, enhancing the ability to combat the growing sophistication of cybercriminals. Built by cybersecurity and intelligence professionals, for cybersecurity and intelligence professionals, ZeroFox commits to AI transparency, security, and privacy of information.
Recent cutting-edge advancements in AI, including the release of GPT 3.5, followed by GPT 4.0, are part of a larger, fast-paced AI revolution poised to change how humans and technology interact. As companies embrace these advancements to streamline and automate certain aspects of their business, threat actors are also embracing generative AI capabilities for more sophisticated phishing and fraud, social engineering, spam, and the production of malicious content. ZeroFox's adaptation of generative AI, FoxGPT, accelerates the analysis and summarization of intelligence across large datasets, allowing the identification of malicious content, phishing attacks, and potential account takeovers.
"We at ZeroFox are consistently dedicated to external cybersecurity innovation, and I'm thrilled to share the next step in our innovation roadmap with the development of generative AI capabilities within our platform, FoxGPT," said Mike Price, CTO at ZeroFox. "We understand the impact of generative AI and the risks of threat actors abusing it. We're committed to harnessing this technology while capturing explainable results and the security and confidentiality of customer data." ZeroFox has steadily integrated other machine learning capabilities into its platform over the past few years, enhancing its ability to keep pace with emerging technologies.
FoxGPT is a significant advancement for ZeroFox, enabling it to provide even more powerful external cybersecurity platform capabilities. ZeroFox is committed to AI transparency, security, and privacy of information in order to give customers the confidence that their data is secure.
ZeroFox plans to responsibly release FoxGPT to opt-in customers throughout the year.
Moose412
1 year ago
That is incorrect.
OTC Markets says
[Outstanding Shares
11,857,967
03/28/2023]
Etrade says
[Shares Outstanding
118.6M]
Most recent 10k says [The number of shares of Registrant’s Common Stock outstanding as of March 28, 2023, was 118,579,679.]
https://www.otcmarkets.com/filing/html?id=16525562&guid=tFm-ka3VoTiqJth
subslover
1 year ago
ZeroFox Completes Acquisition of LookingGlass
The ZeroFox External Cybersecurity Portfolio now includes broadened attack surface management and vulnerability intelligence capabilities
WASHINGTON, April 24, 2023 (GLOBE NEWSWIRE) -- ZeroFox (Nasdaq: ZFOX), an enterprise software-as-a-service leader in external cybersecurity, announced today that it has completed the acquisition of LookingGlass Cyber Solutions, Inc., a leader in external attack surface management and global threat intelligence. The acquisition was first announced on April 17, 2023.
"We are excited to welcome the LookingGlass team to the ZeroFox family," said James C. Foster, chairman and CEO of ZeroFox. "This acquisition strengthens our position in the external cybersecurity market and expands our platform's attack surface intelligence capabilities. We are committed to ensuring a seamless customer experience as we integrate the two companies and are confident that this acquisition will be valuable for our customers, employees, and shareholders."
Bryan Ware, CEO of LookingGlass, added, "We are thrilled to join forces with ZeroFox and look forward to the opportunities this will bring to our customers and employees. Our shared values and combined vision will allow us to deliver even more value to the market and achieve greater success together."
The acquisition of LookingGlass is part of ZeroFox’s strategic plan and vision to deliver a world-class end-to-end external cybersecurity platform. ZeroFox will provide more information on the impact of the acquisition in the coming weeks.
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