The organization's
Alpha-Omega Project, aims to work directly with project maintainers to find zero-day vulnerabilities (i.e., previously unknown bugs) in open source codebases, and work toward fixing them. Microsoft and Google will provide an initial cash injection of $5 million, which follows another recent $10 million recurring commitment the duo made to the OpenSSF alongside fellow member organizations such as Amazon, Facebook, and Oracle.
The timing of the announcement is no coincidence. The White House recently hosted an open source security summit, with members from across the public and private divide convening to discuss how best to tackle flaws in community-driven software.
The meetup was organized after the critical Log4j vulnerability dubbed Log4Shell, which had existed for many years but was only recently discovered. Both
Microsoft and Google were present at the summit, as was the Linux Foundation, indicating that the gathering last month has helped foster at least some momentum to bolster the software supply chain.
>> Read more. [2] Today,
computer vision (CV) cybersecurity startup, Pixm, announced it had raised $4.3 million in seed funding.
Pixm provides an
AI-based browser extension designed to enable organizations to use CV technology, a type of AI that uses convolutional networks and machine learning models trained on millions of labeled images to identify phishing attacks in real-time.
This means that technical decision makers have a solution they can use to mitigate phishing attacks that have traditionally sidestepped endpoint and email security-based products.
>> Read more. [3] Audience-insight provider
GWI today announced it's raised over $180 million in funding.
GWI's platform connects enterprises with data on consumer demographics, preferences, and behavioral attitudes in 48 countries. By analyzing this data, companies using GWI's platform can develop
insights into their target audience in real-time. The insights can be collected and examined without the need to conduct traditional market research, which typically relies on costly service-based models and non-scalable, offline data collection methods.
"Companies today need an instantaneous view of their audience everywhere in the world. The traditional approach of market research is not fit for purpose — too slow, incredibly expensive, and lacks the scale and detail required," said GWI's CEO and founder Tom Smith in an announcement.
>> Read more.
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