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Axiado claims its chip can prevent cyberattacks | TechCrunch

Cyberattacks are on the rise. In Q1 2024, organizations experienced an average of around 1,300 attacks per week. The cost of attacks is climbing, as well. Per Statista, cybercrime-related losses could surge to over $13 billion by 2028. Software is one way to combat these attacks. Hardware is another. Startup Axiado is a proponent of both, having built a business out of designing “security” chips and apps to leverage them. Founded in 2017, Axiado makes chips to secure devices ranging from data ce...

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