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Exein Secures $270M at $1.7B Valuation for Physical AI Security

IoT security firm Exein raised $270 million at a $1.7 billion valuation to expand runtime protection and physical AI security agents.

Italy-based IoT security startup Exein announced a $270 million oversubscribed round led by Headline, bringing total funding above $600 million and valuing the company at $1.7 billion. Exein builds embedded and kernel-level runtime protection for IoT devices and is developing a proprietary foundation model for physical AI security powering autonomous defense agents. The funding will accelerate expansion, particularly into the US market.

SecurityWeek · 1d agoIndustry

New Italian unicorn Exein rides the physical AI wave

Italian IoT-security startup Exein raised $270 million at a $1.7 billion valuation to build a security layer for physical AI and edge devices.

Rome-based Exein raised a $270 million round led by Headline at a $1.7 billion valuation, becoming Italy's new unicorn, with plans for M&A and US/APAC expansion. The company claims over 2 billion connected devices secured across aerospace, industrial automation, automotive, energy, healthcare, and semiconductors using its Photon kernel-level runtime protection. Exein is training a foundational model for physical AI security on machine telemetry, targeted for Q1 2027, and reports 400% year-on-year growth. The EU Cyber Resilience Act, whose reporting obligations began last week, is expected to further boost demand.

TechCrunch · Security · 1d agoIndustry

Virtual Event Today: Attack Surface Management Summit

SecurityWeek's 2026 Attack Surface Management Summit runs today as a virtual event covering asset discovery, SBOMs, red teaming, and pen-testing.

SecurityWeek is hosting its fully virtual 2026 Attack Surface Management Summit from 11AM-3PM, focused on continuous asset discovery, prioritization, and risk reduction. Sessions cover proving exploitability, SBOM and AIBOM software supply chain risk with Dr. Allan Friedman, demos from Wiz and Horizon3's NodeZero, and the roles of red teaming, bug bounty, and penetration testing in enterprise defense.

SecurityWeek · 15h agoIndustry

Cyber-Attacks Cost Organizations $52,000 on Average

Hiscox's 2026 survey of 6,800 security leaders found 29% of organizations hit by successful attacks averaging $52,000 in costs and 32.8 hours of downtime.

The Hiscox Cyber Readiness Report 2026, based on a survey of 6,800 security decision-makers across the UK, Europe, and US, found 29% of organizations suffered at least one successful cyber-attack in the past 12 months, averaging four incidents per victim. UK firms were most attacked at 38% while US firms were least at 20%; average incident cost was $52,000 globally, peaking at $134,138 in Italy, with 32.8 hours of average downtime. Impacts included growth delays (32%), financial penalties (28%), and burnout or toxic culture (69%). Businesses invest about $51,000 annually in resilience, and 32% now tie executive compensation to cybersecurity outcomes.

Infosecurity Magazine · 18h agoIndustry

In Other News: InjectEave Attack, SIM Swapper Sentenced, Glasswing Findings Review

SecurityWeek weekly roundup covers exploited WordPress Super Forms flaw CVE-2026-14894, a $10M bounty on an Iranian cyber official, InjectEave attacks, and more.

SecurityWeek's weekly roundup aggregates short items across the threat landscape, including Microsoft's report of invisible Unicode tag characters used in financial phishing lures at up to 2.37 million messages per day, and active exploitation of critical WordPress Super Forms plugin flaw CVE-2026-14894 to deploy PHP webshells. Policy items include a $10 million US bounty for IRGC-CEC Cyber Operations Command lead Amir Yaryab, a 16-month prison sentence for ex-AT&T employee Kenneth Carter over SIM swaps with nearly $600,000 in intended losses, and the US arraignment of Russian Sergei Anatolyevich Filimonov over credential harvesting. Technical items include InjectEave electromagnetic side-channel attacks tested on 11 devices, an FBI warning on OAuth consent phishing, and VulnCheck's finding that only 202 of 26,153 Anthropic Project Glasswing findings were fixed.

SecurityWeek · 5d agoIndustry in the wildCVE-2026-148942

AI adoption brings new security headaches for already stretched CISOs

Proofpoint's 2026 Voice of the CISO report finds 79% of CISOs must manage AI-related risks without added resources or expertise.

Proofpoint's 2026 Voice of the CISO report says AI governance is expanding CISO responsibilities faster than resources, with 79% expected to manage AI-related risks without proportional support. Seventy-eight percent of CISOs consider GenAI a security risk, chiefly customer data loss through public AI platforms, and 61% expect a targeted attack within 12 months, down from 76% in 2025. Human risk remains the top vulnerability for 79% of respondents, and 93% of organizations with material data loss said departing employees played a role. Cloud account takeover now tops perceived threats, while email fraud, ransomware and malware declined in the rankings.

Help Net Security · 7d agoIndustry