Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More. The recent takedown of DanaBot, a Russian malware platform responsible for infecting over 300,000 systems and causing more than $50 million in damage, highlights how agentic AI is redefining cybersecurity operations. According to a recent Lumen Technologies post, DanaBot actively maintained an average of 150 active C2 servers per day, with roughly 1,000 daily victims across more than 40 countries. Last week, the U.S. Department of Justice unsealed a federal indictment in Los Angeles against 16 defendants of DanaBot, a Russia-based malware-as-a-service (MaaS) operation responsible for orchestrating massive fraud schemes, enabling ransomware attacks and inflicting tens of millions of dollars in financial losses to victims

Recognized for Leadership in Using Advanced AI for Real-time Threat DetectionSANTA BARBARA, Calif., May 15, 2024 /PRNewswire/ -- MixMode, the leading provider of advanced AI-powered cybersecurity solutions, today announced that the company has been named a winner in the AI Security Solution category of the 2024 Cybersecurity Excellence Awards. In this AI Security Solution category, MixMode won two distinct awards: one for AI Powered Threat Detection and Response and one for Advanced AI for Real-Time Threat Detection. The Cybersecurity Excellence Awards honors companies and products at the forefront of innovation, leadership, and excellence in information security.MixMode named a two time winner in the AI Security Solution category of the 2024 Cybersecurity Excellence Awards"To be recognized by the Cybersecurity Excellence Awards for our advanced AI-powered Platform is a testament to the whole team here at MixMode," said Matt Shea, Chief Strategy Officer of MixMode. "The cybersecurity industry has been overly dependent on rules-based systems for the last 20+ years and the right AI tools can augment these legacy platforms to reduce alert volume and detect unknown attacks. MixMode is committed to advancing AI technologies to enhance cybersecurity defenses and protect organizations from emerging threats with unparalleled accuracy and efficiency."As depicted in MixMode's annual State of AI in Cybersecurity Report 2024 , AI is changing the nature of cybersecurity and MixMode is at the forefront of revolutionizing cybersecurity through its patented AI-powered threat detection. MixMode's advanced AI combines predictive analytics, behavioral monitoring, and automated guided response capabilities to empower security teams with:Faster and more accurate detection of threats, including novel and sophisticated attacks.Reduced workload and improved efficiency for security personnel.Proactive defense capabilities to mitigate risks and prevent incidents."We congratulate MixMode on being recognized as an award winner in the AI Security Solution category of the 2024 Cybersecurity Excellence Awards ," said Holger Schulze, CEO of Cybersecurity Insiders and founder of the 600,000-member Information Security Community on LinkedIn, which organizes the 9th annual Cybersecurity Excellence Awards