Monday, April 8, 2019

The #AIEYE: #AI Bolstering #Security through Weapon Detection; (CSE: $VSBY.C) (TSXV: $PAT.V) (NASDAQ: $SSTI)

The #AIEYE: #AI Bolstering #Security through Weapon Detection; (CSE: $VSBY.C) (TSXV: $PAT.V) (NASDAQ: $SSTI)



Point Roberts WA, April 8, 2019 - Investorideas.com, a global investor news source covering Artificial Intelligence issues a special edition of The AI Eye, looking at the intersection of AI and Security.

In the increasingly digitized world, security is more and more of a pervasive threat to both private and public safety. In response, many companies are leveraging artificial intelligence technology to keep threats in check via surveillance monitoring and weapons detection. A report from Markets and Markets for instance, finds that global AI in the security market is projected to grow from $2.99 billion in 2016 to $34.81 billion in 2025 with a compound annual growth rate (CAGR) of 31.38 percent in the forecast period.

A recent article from Zacks.com, looking at AI in defense and police surveillance, outlined how global tech leader Google employed AI technology in its Maven drone project, established in 2017. Maven analyzes the copious amount of footage gathered by US drones by utilizing Google's TensorFlow AI technology and machine learning APIs.

VSBLTY Groupe Technologies Corp. (CSE:VSBY) (Frankfurt 5VS)  is a company that uses machine learning and computer vision to provide facial recognition and weapon detection capabilities. Recently joining the tech company portfolio of security firm Muller Group International (MGI), VSBLTY has extended its range to untapped markets.


VSBLTY Co-Founder and CEO Jay Hutton said:

"With more and more so-called soft targets being attacked around the world, heightened security is needed virtually everywhere. In most instances, our face-on cameras provide better facial recognition than overhead CCTV cameras to enable faster, professional security responses to threats. With this partnership with MGI we are advancing the increasingly important ability to provide security where it has never been available before.”

Patriot One Technologies Inc. (TSXV:PAT) (OTCQX: PTOTF), developer of the award-winning PATSCAN covert weapon detection system, last year acquired AI-powered safety and surveillance company EhEye Inc. Regarding the acquisition, Patriot One CEO and President, Martin Cronin explained how EhEye’s video threat recognition software was a perfect fit for the company.

“Their award-winning threat recognition software will integrate into our client’s existing video camera networks offering a first line of defense to detect active shooters or terrorists approaching a venue with weapons drawn. It will also offer an additional layer of detection inside buildings to track threats and even identify irregular disturbances or physical altercations between individuals.”

An ACM (Association for Computing Machinery) article from earlier this year indicates how Patriot One addresses the problem of weapon detection through “a microwave radar scanner driven by artificial intelligence (AI) that can detect hidden weapons, along with a video surveillance component.” An excerpt from the article explains the technology:

“The Patriot One system works by beaming radio waves at individuals, which bounce off any guns concealed beneath their clothing or stashed in backpacks or other luggage. The system processes the radio waves that bounce back from an individual with AI software trained to recognize what a radio wave bouncing off a hidden gun. The system also incorporates AI video surveillance software component, which has been trained to identify guns in plain sight of video cameras.”

Elsewhere, precision-policing solutions provider ShotSpotter, Inc. (NasdaqCM:SSTIdetected over 107,000 gunfire incidents across the US in 2018. The company’s machine learning based classification system leverages the world’s largest audio database of gunshots and sounds that are similar to gunshots. Ralph Clark, president and CEO of ShotSpotter explains:

“ShotSpotter is in a unique position to track, analyze and share this comprehensive gunfire incident data to help cities across the country in their efforts to prevent and deter gun violence.”

In late 2018, ShotSpotter acquired HunchLab Technology, equipping its ShotSpotter Missions platform with AI-driven analysis capabilities that enhance predictive policing. William J. Bratton, former NYPD and LAPD Commissioner and current ShotSpotter Board Member commented:

“Precision-policing products represent a new era in law enforcement that will provide more specific and objective data to help prevent crime. I’ve seen the evolution of intelligence-based tools over the years and I think the combination of HunchLab with ShotSpotter will accelerate the maturation of the category and result in even greater value to police departments.”

So, with the ongoing threat of global terrorism or instances of simple armed robbery, weapons-based threats remain a constant risk for security systems and public safety around the world. And as with its penetration of many other industry verticals, AI is being leveraged in a variety of ways to keep those threats in check.


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Thursday, April 4, 2019

#AI #Security Stock News: VSBLTY (CSE: $VSBY.C) JOINS MULLER GROUP INTERNATIONAL’S PORTFOLIO OF TECHNOLOGY COMPANIES PROVIDING FACIAL RECOGNITION AND WEAPON DETECTION SOFTWARE


#AI #Security Stock News: VSBLTY (CSE: $VSBY.C) JOINS MULLER GROUP INTERNATIONAL’S PORTFOLIO OF TECHNOLOGY COMPANIES PROVIDING FACIAL RECOGNITION AND WEAPON DETECTION SOFTWARE



PHILADELPHIA, PA, APRIL 4, 2019 (Investorideas.com Newswire) VSBLTY Technologies Corp (the "Company" or "VSBLTY") (CSE: VSBY(Frankfurt 5VS) announced today that it has formed an alliance with Muller Group International (MGI), joining with other MGI partner companies in providing comprehensive turnkey security solutions for corporations, governments, entertainment and sports venues and schools.

MGI was founded by Jeffrey S. Muller, a former FBI Supervisory Special Agent who serves as the firm’s president and CEO. Based in the Washington, DC, MGI operates in 25 countries and utilizes innovative technologies to safeguard governments and corporations from cyber threats and weaponized alternative attacks 

VSBLTY is a leading retail software and technology company that provides facial recognition and weapon detection using the power of machine learning and computer vision. Its proprietary VSBLTY Vector™ product can be used alone or in combination with any form of digital signage to provide perimeter security by “looking for persons of interest” or individuals carrying weapons with the intent to cause harm.


MGI and VSBLTY recently teamed as technology partners to provide security to a Fortune 50 company at the Consumer Electronics Show (CES) in Las Vegas, Muller said. “With the help of VSBLTY’S state-of-the-art software that provides facial recognition and weapon detection, we were able to provide perimeter security for a major global corporation over the five-day event,” Muller explained. A local database was constructed of several hundred “known” persons, who represented an active threat to the client, its assets and its brand, he said. Muller added, “Using more than a dozen hidden cameras, MGI and VSBLTY interfaced with the client’s operations team, providing live photos that enabled them to do a visual comparison with database photos to determine if the individual was an active threat.”

VSBLTY Co-Founder and CEO Jay Hutton said, “With more and more so-called soft targets being attacked around the world, heightened security is needed virtually everywhere. In most instances, our face-on cameras provide better facial recognition than overhead CCTV cameras to enable faster, professional security responses to threats. “With this partnership with MGI we are advancing the increasingly important ability to provide security where it has never been available before,” he added.

Muller pointed out that companies, as well as sports and entertainment venues, or even schools, can no longer rely solely on physical “guards, gates and guns” to maintain safety or mitigate risk. He explained, “To keep ahead of cyber and physical attacks we need increasingly to rely on innovative technologies.”

Investor Relations
Erin Ostrom, 604-219-6648
investor@vsblty.net

CONTACT: Linda Rosanio, 609-472-0877lrosanio@vsblty.net


About VSBLTY (www.vsblty.net)
Headquartered in Philadelphia, VSBLTY (CSE: VSBY) is the world leader in Proactive Digital Display™, which transforms retail and public spaces as well as place-based media networks with SaaS-based audience measurement and security software that uses artificial intelligence and machine learning.

About Muller Group International (www.MullerGroupInternational.com)
MGI assists all levels of government, corporations, as well as national and international organizations, as they face newly emerging challenges in an increasingly dangerous international security environment. MGI is led by Jeffrey Muller, a former military officer who previously served 21 years as a Supervisory Special Agent of the Federal Bureau of Investigation. At the FBI he co-founded the organization’s Weapons of Mass Destruction Directorate and created INTERPOL’s Chemical, Biological, Radiological, Nuclear and Explosives (CBRNE) Directorate. MGI provides curriculum and educational development, training, capacity building, national policy and plans structuring, domain and facility vulnerability assessments, legislation review as well as instruction on the response to, and investigation of, incidents that could threaten the security of a corporation or nation.

VSBLTY Groupe Technologies Corp. (CSE: VSBY) is a featured Tech / AI stock on Investorideas.com

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Thursday, March 14, 2019

#AIEYE; #AI Stands Guard for the Future: How AI Is Being Used in #Security; (NYSE: $BB) (OTC: $CYBF) (TSXV: $VQS.V) (OTC: $QUES)

#AIEYE; #AI Stands Guard for the Future: How AI Is Being Used in #Security; (NYSE: $BB) (OTC: $CYBF) (TSXV: $VQS.V) (OTC: $QUES)



Point Roberts WA, Delta BC – March 14, 2019 – Investorideas.com, a global investor news source covering security and Artificial Intelligence issues a special edition of The AI Eye, looking at how AI is playing a significant role in the future of security.

As AI technology is optimized and becomes more available, its implementation into both cyber and real-world security is fast becoming a necessity in staying ahead of future threats. 


Comcast recently acquired BlueVector, the technology company spun off from defense contractor Northrop Grumman two years ago which uses artificial intelligence and machine learning to provide cybersecurity services to companies and government agencies.

This was shortly followed by Verizon announcing the addition of BlackBerry Cylance's AI-driven antivirus security solutions to its industry-leading Managed Security Services (MSS) portfolio. Blackberry Cylance, a business unit of BlackBerry Limited (NYSE:BB) (TSX:BB), was recently recognized as a leader in five distinct categories at the 2019 Cybersecurity Excellence Awards: Best Cybersecurity Company, Most Innovative Cybersecurity Company, Endpoint Detection and Response, Endpoint Security and Best Cybersecurity Podcast. 

"Businesses of all sizes are suffering alert-fatigue generated by other endpoint solutions. Many are turning to managed security services to gain holistic, expert-level management across their endpoints, gateways and networks on a round the clock basis," said Stuart McClure, co-founder of Cylance and President of BlackBerry Cylance. "By offering BlackBerry Cylance's AI-powered endpoint protection, Verizon's MSS customers will now have access to a powerful antivirus technology with the ability to prevent known and unknown threats, reducing the strain on other security controls, and alerts that must be tracked, processed and audited."

Cyberfort Software, Inc. (OTC: CYBF), a cyber security technology company, announced new features to its recently acquired Just Content App, including the imminent release of its integrated artificial intelligence (AI) solution.

Just Content leverages proprietary technologies to help safeguard families and businesses from online threats such as unsafe links, adult content, phishing sites and inflammatory hate speech found on the Internet. The recent upgrades ship with the highest security as default, a smooth onboarding experience and data usage features that provide the best protection for both new and experienced users.

“We have been working hard to leverage our expertise in machine learning and artificial intelligence to provide solutions for customer problems like spam SMSes and robo calls. We are delighted to say that our spam filtering solution is extremely close to release. At the same time, a content moderation platform for businesses and enterprises is currently under development,” shares Krishna Kumar, Senior Developer at Cyberfort Software and Founder of Just Content.

VIQ Solutions Inc. (TSXV: VQS), a global expert providing cyber-secure AI technology and services has also put some focus into “on the ground” security, having announced last year its acquisition of Net Transcripts, Inc., a leading provider of secure multi-speaker documentation services to law enforcement and criminal justice organizations.

“The acquisition of Net Transcripts, a market and trusted leader in law enforcement, is a substantial milestone in VIQ’s growth strategy to expand our portfolio of services, opening up a significant and growing market in the USA. This highly fragmented market is undergoing major disruption due to artificial intelligence, which is encouraging customers to look at innovative ways to unlock the value in their digital media,” said Sebastien Paré, VIQ President and CEO.

AI has many obvious uses in the world of cybersecurity but that doesn’t mean it can’t be applied to real world security situations just as well.

Quest Solution, Inc. (OTC: QUES), a provider of Supply Chain and Artificial Intelligence (AI)-based Machine Vision solutions, announced that it was selected to install a state-of-the-art AI-based safety and security system on the campus of a Pre-K – 12 preparatory School in South Florida. This system will provide enhanced safety for students, faculty and visitors to the school. For safety reasons the name of the school is not disclosed.

The Quest Safe School System is based on technology from Quest’s recently acquired subsidiary HTS Image Processing and offers real-time, automated vehicle recognition via machine vision. In a school setting, the system is hosted on a cloud-based platform integrated with campus intelligence, tracking vehicles, students, staff, deliveries and campus visitors. The Safe School System has whitelist and blacklist capabilities to immediately identify vehicles upon arrival, allowing the admittance of authorized cars or a real-time alarm for any unauthorized and/or suspicious vehicle.

AI implementation is fast becoming a necessary security feature, as large tech firms such as Palo Alto Networks Inc. and Microsoft Corp. are showing, which is good news for customers and consumers as these new features allow for tireless protection in an age of information fatigue.


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#AIEye: #AI Increasingly Deployed to Mitigate #Security Threats: (NASDAQ: $FTNT) (CSE: $VSBY.C) (TSX: $ABT.TO) (TSXV: $AT.V)


#AIEye: #AI Increasingly Deployed to Mitigate #Security Threats: (NASDAQ: $FTNT) (CSE: $VSBY.C) (TSX: $ABT.TO) (TSXV: $AT.V)

Point Roberts WA, Delta BC - March 14, 2019 - Investorideas.com, a global investor news source covering Artificial Intelligence issues a special edition of The AI Eye looking at the intersection of AI and Security.

As security threats grow, AI technology is increasingly leveraged to detect and prevent risks that human observers may miss. Research from Markets and Markets, for instance, projects a growth in AI in the cybersecurity market from $3.92 billion USD in 2017, to $34.81 billion by 2025 at a compound annual growth rate (CAGR) of 31.38 percent.


Fortinet, Inc. (NasdaqGS:FTNT), which provides automated and integrated cyber solutions worldwide utilizes artificial intelligence and machine learning in their FortiGuard Labs proprietary Self-Evolving Detection System (SEDS). A description on their website reads:

“Our artificial intelligence and machine learning program integrates into Fortinet’s threat intelligence back end to power all the threat detection capabilities that FortiGuard services share across the Fortinet Security Fabric. This integration across Fortinet products, combined with our use of automation and innovation, helps our customers fight the increasingly aggressive and damaging nature of cyber crime.”

Fortinet released its Global Threat Landscape Report for Q4 of 2018, detailing the need for further AI adoption in assisting against cyber attacks.

“Just as cybercriminals employ machines to propagate botnet attacks, organizations also need to leverage technology advances in the area of AI/ML to combat new, machine-generated attacks.”

The confluence of AI with security takes a different form with VSBLTY Groupe Technologies Corp. (CSE:VSBY), a company that transforms retail and public spaces as well as place-based media networks with SaaS-based audience measurement and security software that uses artificial intelligence and machine learning to “see” persons of interest head on, and understand their sentiment as they look at digital signage. 
Recently, VSBLTY named two former FBI special agents, Jeff Muller and Jim DiOrio to its advisory board. Jay Hutton, Co-Founder & CEO of VSBLTY, said the two had “long experience in strategic risk assessment consulting for government agencies and companies” and that their addition to the board will “strengthen our security expertise.”

Other companies are getting serious about security threats through acquisitions. Blackberry, for example, recently acquired AI and cybersecurity company Cylance for $1.4 billion. John Chen, Blackberry’s executive chairman and CEO, commented on the importance of the development:

“Securing endpoints and the data that flows between them is absolutely critical in today’s hyperconnected world. By adding Cylance’s technology to our arsenal of cybersecurity solutions, we will help enterprises intelligently connect, protect and build secure endpoints that users can trust.”

Elsewhere, telecom giant Comcast made a similar move in acquiring BluVector Inc., a cybersecurity startup that “uses artificial intelligence and machine learning to contain threats such as malware, ransomware and zero-day vulnerabilities.”
                   
Absolute (TSX:ABT), a company that develops, markets and supports endpoint management and data security solutions for endpoint computing devices, appointed security expert Dr. Nicko van Someren as its new CTO. Van Someren, who has more than two decades of security background, explained the growth of security threats, and his company’s response:

“Security has evolved enormously over the past 20 years, with the rise of nation-state threats, digital transformation of the enterprise and increasing severity of data breaches. Absolute is fighting to ensure organizations’ endpoints remain resilient despite these ever-present security risks.”

AcuityAds Holdings Inc., (TSXV:AT) which leverages its proprietary artificial intelligence technology to provide targeted digital media solutions, revealed its commitment to protection and security in a blog post late last year:

“…we pride ourselves on delivering multiple lines of defence with regards to brand safety, fraud prevention and age-gating/LDA compliancy to deliver proactive protection and risk mitigation.”

The company’s “in-house brand safety” includes defensive layers from threat detection companies FraudLogix and Peer39 by Sizmek.

So while security threats advance and amass, whether traditional or cyber, increasingly sophisticated detection and prevention techniques are being employed using artificial intelligence technology in a variety of ways to mitigate risks.


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Thursday, February 21, 2019

#Security Stock News- Patriot One (TSX.V: $PAT.V) (OTCQX: $PTOTF) @patriot1tech Ranks Number 2 in Tech Sector on 2019 #TSXVenture 50®


#Security Stock News- Patriot One (TSX.V: $PAT.V) (OTCQX: $PTOTF) @patriot1tech Ranks Number 2 in Tech Sector on 2019 #TSXVenture 50®





TORONTO, ON– February 21, 2019 – Patriot One Technologies Inc. (TSX.V: PAT) (OTCQX: PTOTF) (FRA: 0PL)): 0PL) (“Patriot One” or the “Company”), is pleased to announce it has ranked 2nd best performing technology stock on the 2019 TSX-Venture 50 for its 2018 performance.

The TSX Venture 50 is an annual ranking of the top 50 Canadian and international companies traded on the TSX Venture Exchange (TSXV). The 2019 TSX Venture 50 winners were selected based on three equally weighted market performance criteria: market capitalization growth, share price appreciation and trading volume for the year ended December 31, 2018.

  
“Ranking 2nd as a technology stock on the 2019 TSX Ventures 50 is really a tribute to our staff and investors,” shared Martin Cronin, President and CEO of Patriot One Technologies.  “2018 was an incredible year for Patriot One, as this ranking denotes. We are working hard to continue the upward climb, as we move from paid trials to commercial rollout of our PATSCAN solutions during 2019. Our vision has always been to create a world safer from acts of violence on our global citizens while we deliver greater shareholder value.”

For the complete 2019 TSX-Venture 50 ranking, visit www.tsxventure50.com

On Behalf of the Board,

“Martin Cronin”

Martin Cronin, Chief Executive Officer  

About Patriot One Technologies, Inc. (TSX.V:PAT) (OTCQX: PTOTF) (FRA: 0PL):
Patriot One has developed the PATSCAN™ next generation software and sensor solution for the covert detection of weapons threats. Designed as an innovative and effective platform to combat active shooter threats before they occur, the system features the award-winning PATSCAN™ CMR cognitive microwave radar system. Built for cost-effective deployment in weapon-restricted buildings and facilities, the Patriot One software solution and related hardware systems can be installed at key access points to covertly identify weapons and to alert security for the intervention of active threat events before they commence. Owner/operators of private and public facilities can now prominently post anti-weapons policies with compliance assured. The Company’s motto Deter, Detect and Defend is based on the belief that widespread use of its technology will act as an effective deterrent, thereby diminishing the epidemic phenomena of active shooters across the globe. For more information, visit: www.patriot1tech.com. Patriot One Technologies are proud winners of the 2017 Anti-Terrorism / Force Protection category of the Security Industry Association’s New Product Showcase at ISC West.


For further information, please contact:
Patriot One Inquiries

Investor Relations
John Martin
+1 (888) 728-1332

Media Contacts:
Scott Ledingham, PR Media Now
+1-613-806-7135 
CAUTIONARY DISCLAIMER STATEMENT:
No Securities Exchange has reviewed nor accepts responsibility for the adequacy or accuracy of the content of this news release. This news release contains forward-looking statements relating to product development, licensing, commercialization and regulatory compliance issues and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects”,” believes,” and similar expressions. All statements other than statements of historical fact, included in this release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include the failure to satisfy the conditions of the relevant securities exchange(s) and other risks detailed from time to time in the filings made by the Company with securities regulations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements as expressly required by applicable law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news is published on the Investorideas.com Newswire – News that Inspires big ideas

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