Thursday, September 11, 2025

Leveraging AI to Combat Email Fraud and Scammers

Email remains a prime target for cyber criminals, with phishing identified as the leading attack vector, costing organizations an average of $4.45 million per breach. Former Google executives Cy Khormaee and Ryan Luo are tackling this issue with their startup AegisAI, which leverages artificial intelligence (AI) to enhance email security. AegisAI recently secured $13 million in seed funding, focusing on AI agents that analyze emails for intent, context, and user relationships, making them 20% more effective than traditional security measures. Unlike conventional tools, AegisAI identifies suspicious communications without significantly blocking legitimate emails, addressing a common industry challenge. Early clients, including crypto payment firm Mesh, have praised the platform’s effectiveness. As email security remains critical, with attackers utilizing advanced technologies, AegisAI is poised to impact the market significantly, backed by investors eager to capitalize on AI-driven solutions. The competitive landscape sees multiple startups vying for advancements in email security innovation.

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