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Sequoia doubles down on Cymphony as AI agents create new enterprise security risks

Cymphony emerges with $30M from Sequoia and SMBC to give security teams unified visibility into AI agent and non-human identities.

Cymphony, a New York- and Tel Aviv-based startup, raised a $25 million Series A co-led by Sequoia and SMBC Fin Atlas Beyond Fund, valuing it above $100 million. Its platform builds a "workforce graph" unifying identity, data, and activity signals for employees, AI agents, and other non-human identities. The company says it found roughly 85,000 files exposed to AI tools at one US public company and reached seven-figure ARR in its first year of sales with customers including KKR and Syngenta. Sequoia previously led its undisclosed seed round, betting on Israeli Talpiot program alumni founders.

TechCrunch · Security · 7d agoIndustry

Risky Bulletin: Russia tells data centers to deploy drone defenses

Russia ordered data center operators to deploy drone strike defenses under a Putin decree allowing temporary state takeover of unprotected critical infrastructure.

The Russian government instructed data center operators to deploy protections against drone strikes under a presidential decree signed by Putin that allows temporary state administration of critical infrastructure operators failing to defend against Ukrainian hacks and drone strikes. Although data centers are not formally critical infrastructure in Russia, the decree applies to them because other sectors depend heavily on cloud services; Russia has more than 180 data centers, over 80% in the European region within range of Ukrainian strikes. The digest also reports a Dropbox breach affecting nearly 5,000 accounts via the Lenovo ID integration, spyware attacks on at least 14 Serbians using NoviSpy or Pegasus, and a password recovery attack targeting hundreds of thousands of X accounts tied to the new X Money service. Other items include a 14-hour compromise of Coder's Cloudflare infrastructure delivering malicious Terraform modules, donor data breaches at Davayte and You Are Not Alone via the Stripe/WooCommerce integration, a $2.5M Aquifer crypto heist, and a TVING breach exposing data of almost 40 million accounts.

Risky Business News · 12d agoPolicy & legal

Zero trust has a big AI agent problem ahead

Experts argue agentic AI undermines zero trust: chained authorized actions create exfiltration paths, unregistered agents evade identity controls, and agent-to-agent messages stay opaque.

Security practitioners including Nik Kale (CoSAI), Krti Tallam (Kamiwaza.ai), and Mike Wilkes (Aikido Security) argue that agentic AI breaks zero trust assumptions because individually authorized actions can compose into unauthorized outcomes, such as chained reads and writes creating an exfiltration path. Most enterprise agents are unregistered shadow IT or third-party launched, subagents inherit privileges without recognized identity, and agent-to-agent communication, sometimes embedding instructions in media files, remains invisible to security teams. Proposed mitigations include short-lived delegated credentials modeled on OpenPGP subkeys, rate limits, sandboxing, approval gates, and immutable activity trails.

CSO Online · 13d agoAI safety & security

Risky Bulletin: Expired cards can be used for new transactions

Researchers show expired Visa contactless cards can be revived via NFC man-in-the-middle relay to run fraudulent transactions; roundup also covers major breaches.

University of Massachusetts Amherst researchers built an NFC man-in-the-middle rig that updates a card's expiration date in transit and relays the modified payment to POS terminals, reviving expired contactless cards; Visa terminals and the backends of all five banks studied failed to catch the manipulation. The same roundup reports Iranian hackers shut down a small UK power plant for four days, Lazarus breached South Korea's Presidential Office as part of a campaign exceeding 100 victims, and French telecom SFR suffered a breach affecting over 2.1 million customers.

Risky Business News · 23d agoResearch1