AI is giving cybercrime a makeover, and this startup just raised $15 million to fight back

In fact, though rogue AI agents dominate talk of the future, AI has already changed cybercrime for good, said Arjun Bisen, cofounder and CEO at digital threat detection startup Overwatch. “The chaos of today is underappreciated,” said Bisen, a former Australian diplomat who shaped the country’s cyber engagement strategy in the 2010s. “Cybercrime has just become so effective. You see stats that say cybercrime is the third-largest economy in the world after China and the U.S. I don’t know if those numbers are accurate, but there’s some attempt at quantifying it and it does sound scary.

Source: Fortune Crypto