Latest news with #HighWireNetworks


Forbes
30-05-2025
- Business
- Forbes
Will AI Replace Cybersecurity? Not Quite—But It's Rewriting The Rules
The Real Battle Is Now AI vs. AI Put yourself in the mind of a master cybercriminal. Fun, right? Stay with me. I promise this role play exercise will pay off. Just a few years ago, your illicit schemes were small time. You were content to steal unwitting individuals' personal data, including credit card and social security numbers to buy merchandise on the Dark Web. Your petty exploits paid off—modestly but steadily. But it was a volume game. You had to keep finding more unsuspecting marks to exploit and more creative ways to turn a profit. Then came AI. You quickly learned all about ChatGPT and other forms of generative artificial intelligence. As you did, you thought: why not use this tech to level up—crime-wise? Armed with new tools you evolved from a petty thief. You developed a budding criminal empire capable of exploiting not just singular victims, but enterprise corporations with billion-dollar balance sheets. After all, that's where the real dough is, right? Welcome to the new age of cyberwarfare—courtesy of AI. 'The stakes have never been higher,' says Ed Vasko, COO of High Wire Networks, a leading global provider of managed cybersecurity services. A seasoned veteran with 33 years' experience, we sat down to discuss the elephant in the room. 'The cyber war has shifted. It no longer wages between hackers and IT departments. It's now AI versus AI.' Vasko is not alone in this assessment. Speaking at DefenseScoop's Google Defense Forum Pentagon last year, military insider Jude Sunderbruch of the Defense Department's Cyber Crime Center warned attendees of future 'AI versus AI conflicts' spreading all the way to the international stage. ''I think we're really just at the start,' Sunderbruch said, later adding that the U.S. and its allies will have to get creative and learn how to best use existing AI systems to gain a leg up on competing intelligence giants like China,' according to Defense One. The implications go beyond boardrooms and command centers. To appreciate what may be coming, Vasko paints a chilling scenario for the not-so-distant future. Time for more role playing. Now imagine you're the head of a major retailer. For the last few years you've relied on AI supply chain forecasting. Similar to how fintech increasingly depends on AI—not humans—to handle the complexities of trading, artificial intelligence is core to your business' operations. Without it, you're flying blind. This reality makes things all the more disturbing when the AI supporting your organization begins behaving erratically, wreaking havoc. Orders stop arriving. Inventory goes out of stock. Even your pricing models collapse. These internal problems don't stay contained for long. They proliferate externally—in dire ways. Once loyal customers defect. Revenues drop up. And your stock price plummets. But that's not all… According to Vasko, cyber criminals behind this type of villainy may be thought of as AI buccaneers—digital pirates often paid to instigate corporate espionage and theft. 'Unlike the antiquated variety from centuries past, AI buccaneers know the power of perception—that it's possible to tank a rival company's stock price by spreading lies to disrupt public sentiment.' To this end, the hits keep on coming for your major retailer company. A video surfaces of your CFO making disturbing comments in a shareholder meeting. The remarks are so inflammatory they go viral, driving your already plummeting stock even lower. But here's the thing. That CFO video is actually a deepfake. It was produced by Google's Veo 3, similar to extant bogus news anchor content already proliferating the Internet. True or not, the damage is done. Within hours, your unscrupulous corporate rivals bask in ignoble victory. Short selling your plunging stock, they make out like bandits—along with their AI buccaneer accomplices, benefitting from your demise. As Vasko explains, 'Cyber criminals can even now use AI co-pilots to coordinate attacks on corporations, industries, even governments. They're faster, smarter, and more dangerous than anything we've seen before.' More on that below. AI co-pilots are but one part of a growing criminal toolkit, capable of automating surveillance, coordinating attacks, and orchestrating malfeasance at scale. What's now possible almost defies belief. Example: AI can analyze thousands of profiles across social media, company directories, and public databases to identify weak links for exploitation. 'Once inside, these same AI tools can poison an organization's internal data lakes—sabotaging predictive systems and decision-making engines from the inside out,' explains Vasko. This means bad actors needn't limit themselves to stealing personal data. They can expand their scope of attack, going so far as to manipulate market outcomes. Per the above cautionary tale, they can influence how a company performs, how it's perceived, and ultimately, what happens to it long-term. Hundreds of years ago, back when pirates plundered by sea, countries ravaged by buccaneers authorized so-called privateers to fight off the bad guys. Unfortunately, the U.S. government doesn't allow proactive 'hacking back' in the form of AI privateers. Not even in self-defense. This is why High Wire Networks and other cybersecurity firms avoid going on the offensive. Instead, they turn to AI-augmented defense platforms to preemptively determine and intercept threats, shifting reactive security into a proactive shield. In other words, they're fighting AI with AI. 'Hyperautomation' is the term Vasko uses to describe the fusion of machine learning and automated decision-making throughout a security stack. In the old model, a cyber victim might be notified of a data breach. 'Dear so and so,' an email might read. 'We regret to inform you that your credit card was compromised.' That's not so helpful, is it? Hyperautomation, on the other hand, reacts proactively. Here's how it could work with the above individual scenario. Alerted of a breach, AI could stop it, issue a new credit card, and continually monitor a victim's credit card and exposure. Many cybersecurity firms employ similar tech at the organizational level. As Cyber Magazine reports, Varonis leverages artificial intelligence to act autonomously as a counterweight to AI-enabled mischief. The company's 'AI Shield' offers real-time ongoing protection for large organizations. 'By integrating real-time risk analysis, automated risk remediation, behavior-based threat detection, and 24/7 alert response, Varonis' AI Shield empowers enterprises to safely use AI technologies while safeguarding sensitive data.' Looking forward, the more things change, the more they stay the same. Once upon a time, swashbuckling pirates patrolled the high seas, pilfering valuables from individuals, companies, and governments alike. Nowadays, that threat has migrated from the physical theatre to cyberspace as criminals wield code to rob and steal at will. To survive, much less thrive, tomorrow's organizations would do well to wrest back the power of AI. Without it? We're surely sunk.


Associated Press
15-04-2025
- Business
- Associated Press
High Wire Networks – Overwatch Launches Risk-as-a-Service Offering to Help Organizations Stay Ahead of Emerging Cyber Threats
BATAVIA, Ill., April 15, 2025 (GLOBE NEWSWIRE) -- High Wire Networks, Inc. (OTCQB: HWNI), a leader in managed cybersecurity services, today announced the launch of Risk-as-a-Service (RaaS), a new professional service offering from its Overwatch cybersecurity division, designed to help organizations continuously identify, analyze, and mitigate cybersecurity risks. Unlike one-time assessments, Overwatch's RaaS is a comprehensive, ongoing program that empowers mid-market and enterprise customers to manage risk proactively. The new service combines ongoing threat detection, regulatory compliance monitoring, and expert-led incident response planning, backed by real-time analytics, to strengthen organizations' cyber resilience without needing a large in-house team. 'Security is not just about risk mitigation and elimination of risk; it's about prioritization. Businesses don't have infinite resources and need to quickly and efficiently figure out which actions deliver maximum value for the effort. Our RaaS offering provides our customers a way to make such decisions quickly and efficiently,' said Kim Jones, High Wire – Overwatch CISO. The Overwatch RaaS Platform Includes: 'Our Risk-as-a-Service model isn't just about delivering another report—it's about delivering ongoing insight, action, and results,' said Ed Vasko, High Wire – Overwatch CEO. 'This is a smarter way to scale risk management in today's threat environment, especially for businesses without the resources to build a full internal risk and compliance team.' RaaS is ideal for small to mid-sized enterprises, government agencies, and large organizations looking to augment their existing programs with continuous protection and expert oversight. Real-world applications include healthcare providers using RaaS to streamline HIPAA compliance or manufacturers maintaining CMMC alignment while managing complex threat landscapes. By leveraging best-in-class tools and partnerships, Overwatch RaaS delivers cost-effective, scalable risk intelligence, empowering customers to make smarter decisions and reduce exposure across the enterprise. About High Wire Networks High Wire Networks, Inc. (OTCQB: HWNI) is a fast-growing, award-winning global provider of managed cybersecurity. Through over 200 channel partners, it delivers trusted managed services for more than 1,100 managed security customers worldwide. End customers include Fortune 500 companies and many of the nation's largest government agencies. Its U.S.-based 24/7 Network Operations Center and Security Operations Center is located in Chicago, Illinois. High Wire was ranked by Frost & Sullivan as a Top 15 Managed Security Service Provider in the Americas for 2024. It was also named to CRN's MSP 500 and Elite 150 lists of the nation's top IT managed service providers for 2023 and 2024. Learn more at Follow the company on X, view its extensive video series on YouTube or connect on LinkedIn. Forward-Looking Statements The above news release contains forward-looking statements. The statements contained in this document that are not statements of historical fact, including but not limited to, statements identified by the use of terms such as 'anticipate,' 'appear,' 'believe,' 'could,' 'estimate,' 'expect,' 'hope,' 'indicate,' 'intend,' 'likely,' 'may,' 'might,' 'plan,' 'potential,' 'project,' 'seek,' 'should,' 'will,' 'would,' and other variations or negative expressions of these terms, including statements related to expected market trends and the Company's performance, are all 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties. These statements are based on assumptions that management believes are reasonable based on currently available information, and include statements regarding the intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performances and are subject to a wide range of external factors, uncertainties, business risks, and other risks identified in filings made by the company with the Securities and Exchange Commission. Actual results may differ materially from those indicated by such forward-looking statements. The Company expressly disclaims any obligation or undertaking to update or revise any forward-looking statement contained herein to reflect any change in the company's expectations with regard thereto or any change in events, conditions or circumstances upon which any statement is based except as required by applicable law and regulations. High Wire Networks Contact Mark Porter Chief Executive Officer High Wire Networks 1+ (952) 974-4000 Media Contact Lori Aleman Director of Marketing High Wire Networks Tel 1+ (630) 635-8477 [email protected]
Yahoo
19-03-2025
- Business
- Yahoo
SentinelOne (NYSE:S) Partners With High Wire Networks To Enhance AI-Driven Cybersecurity Solutions
High Wire Networks recently announced a partnership with SentinelOne to enhance cybersecurity solutions, focusing on hyper-automation and AI-driven security. This collaboration has been instrumental in advancing SentinelOne's Managed Detection and Response (MDR) capabilities, positioning the company favorably in the cybersecurity market. Meanwhile, SentinelOne's recent earnings announcement for the fourth quarter and full year showed revenue growth to $821 million, though a net loss of $288 million was noted. Overall sentiment in equity markets has been cautiously positive as major indices like the Dow Jones and Nasdaq experienced gains, with anticipation surrounding the Federal Reserve's latest statements. During this period, SentinelOne's share price rose by 3.31%, possibly reflecting investor confidence spurred by its partnership strategies and financial outlook, despite broader market volatility and sector-specific challenges. Be aware that SentinelOne is showing 2 weaknesses in our investment analysis. The end of cancer? These 21 emerging AI stocks are developing tech that will allow early idenification of life changing disesaes like cancer and Alzheimer's. SentinelOne experienced a total return decline of 15.23% over the past year. This underperformance stands out in comparison to the broader US Software industry's close performance of a 0.8% decline. Several factors could have been influential in this outcome. Despite robust revenue increases, SentinelOne remains unprofitable with a Price-To-Sales Ratio that appears high relative to industry averages. Significant insider selling in the prior quarter could also signal investor concerns. Furthermore, analysts indicate that, despite a target price that is over 20% higher than the current share price, there is a lack of statistically confident agreement among analysts, which might contribute to uncertainty. Throughout the year, SentinelOne pursued strategic alliances and technological enhancements to bolster its competitive stance. The renewal of partnerships, such as the one with AWS in October 2024, aims to integrate enhanced AI-powered security solutions. Meanwhile, product developments like the launch of AI Security Posture Management in November 2024 further solidify SentinelOne's position in the cybersecurity domain, although these advancements appear insufficient to offset market apprehensions reflected in the total shareholder returns. Click to explore a detailed breakdown of our findings in SentinelOne's financial health report. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:S. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@