TechTaffy

tech:

taffy

BAE Systems to develop cyber defense tools for DARPA

By TechTaffy Desk

The U.S. Defense Advanced Research Projects Agency (DARPA) has selected BAE Systems to develop cyber-hunting tools that detect and analyze cyber threats for large enterprise networks. The contract for Phase 1, 2, and 3 of the program is valued at approximately $5.2 million.

The goal of DARPA’s Cyber-Hunting at Scale (CHASE) program is to develop, demonstrate, and evaluate new automated cyber-defense tools for use within and across these types of networks, the company said in a statement. BAE Systems’ solution combines advanced machine learning and cyber-attack modeling.

BAE Systems’ efforts on the CHASE program builds on previous company work in real-time, cyber-defense based anomaly detection, evidence-driven decision making, and related techniques for DARPA, the U.S. Army, and the U.S. Navy, says the company.

Subcontractors and research partners on the program include Digital Operatives, Dr. Ruslan Salakhutdinov from Carnegie Mellon University, and Dr. Farshad Khorrami and team from New York University. BAE Systems’ work for the program will be performed in Arlington, Virginia.

[Image courtesy: BAE Systems]

Just in

Series E

Vercel raises $250M

San Francisco-based Vercel, a frontend cloud platform provider, has secured $250 million in Series E funding, bringing the company's valuation to $3.25 billion.
Series A

Worky raises $6M (Mexico)

Mexico City-based Worky, a provider of HR and payroll software solutions for Mexican companies, has closed a $6 million Series A financing round.
Industry

Amazon announces $1.31B investment in France

Amazon has announced a new investment of about $1.31 billion (€1.2 billion) in France, which the company says will lead to the creation of over 3,000 permanent jobs in the country.
Around the web

Amazon Web Services CEO Adam Selipsky to step down — CNBC

Adam Selipsky, CEO of Amazon’s cloud computing business, will step down from his role next month. Matt Garman, senior vice president of sales and marketing at Amazon Web Services, will succeed Mr. Selipsky after he exits the company June 3, writes Annie Palmer. 
AI

Palo Alto Networks, Accenture expand alliance to offer generative AI services

Palo Alto Networks and Accenture have announced the expansion of their strategic alliance to provide new offerings that combine Palo Alto Networks' Precision AI technology with Accenture's secure generative AI services.