Cisco Cuts 4,000 Jobs to Fund AI and Cybersecurity Push Despite Record Quarterly Revenue

The post GregoAI earns $250,000 bounty through autonomous exploit discovery appeared on BitcoinEthereumNews.com. A security-focused AI just earned a quarter-million dollars for finding a bug that human auditors missed. No human designed the exploit. No human guided the analysis. The machine did it alone. Grego AI, a startup founded in 2024, announced that its multi-agent system autonomously identified a critical vulnerability in a major blockchain protocol. The flaw could have enabled a $27.7M theft. The affected project responded by awarding a $250,000 bug bounty, which Grego AI says is the largest ever paid for a vulnerability discovered solely by artificial intelligence without human intervention in exploit design. How the system actually works Grego AI calls its approach “Deep Invariant Analysis.” The system ingests a protocol’s complete codebase, builds dependency maps across the entire architecture, then deploys sandboxed agents that synthesize and test potential exploits. The ag

Cisco's stock surge highlights the speculative nature of AI-driven market trends, raising concerns about sustainability amid modest growth rates. The post Cisco shares surge 15% as traders treat stock like meme favorite ahead of earnings appeared first on Crypto Briefing.

AI-driven security tools like GregoAI could revolutionize cybersecurity by autonomously identifying vulnerabilities, reducing human error. The post GregoAI earns $250,000 bounty through autonomous exploit discovery appeared first on Crypto Briefing.

As AI continues to rapidly evolve, it is being used by cyber criminals to increase both the volume and efficiency of their attacks. At the same time, AI is giving defenders new tools.

The cybersecurity threats from North Korea are perpetrated by a myriad of small hacker groups deploying malware and executing social engineering scams.

The post Cisco Cuts Nearly 4,000 Jobs Despite Record Revenue, Redirects Spending To AI And Cybersecurity appeared on BitcoinEthereumNews.com. Cisco Cuts Nearly 4,000 Jobs Despite Record Revenue, Redirects Spending To AI And Cybersecurity Skip to content Home AI News Cisco cuts nearly 4,000 jobs despite record revenue, redirects spending to AI and cybersecurity Source: https://bitcoinworld.co.in/cisco-cuts-4000-jobs-ai-cybersecurity-record-revenue/

The rise in scams impersonating CFTC officials highlights the urgent need for increased public awareness and stronger cybersecurity measures. The post CFTC warns of rising scams impersonating its officials appeared first on Crypto Briefing.

This is Cisco's latest layoff in recent years, while the company's chief executive touts record revenue and growth.