The rapid advancement of generative AI has revolutionized numerous industries, but with such progress comes a set of unique challenges that enterprises must address to ensure safety and compliance. Prompt Security, a cutting-edge security startup founded in 2023, has risen to the occasion by securing $18 million to further its mission of protecting enterprises from the inherent risks associated with generative AI. This substantial investment will also enable Prompt Security to offer enhanced visibility and governance over AI tools, helping enterprises navigate the complex landscape of AI security.
Addressing Generative AI Security Breaches
Comprehensive AI Touchpoint Coverage
Enterprises today are increasingly adopting generative AI tools to streamline their operations and improve productivity. However, research indicates that an average enterprise uses 67 generative AI tools, 90% of which lack proper licensing or corporate approval. This widespread usage without the necessary oversight inevitably leads to significant security breaches. Prompt Security’s platform addresses these concerns by providing a comprehensive solution that covers various AI touchpoints. These include browsers, copilots, coding assistants, and custom applications—all crucial areas where data can be vulnerable.
The platform’s ability to meticulously inspect prompts and model responses ensures enterprises are protected from data leaks and harmful content. Prompt Security’s technology is adept at identifying and blocking AI-specific threats like prompt injections and shadow AI, which are often overlooked by conventional security measures. With wide-ranging coverage, businesses can confidently integrate generative AI tools into their operations, assured that Prompt Security’s measures are in place to detect and neutralize potential threats before they can cause harm.
Enforcing Policies and Standards
Another vital aspect of Prompt Security’s platform is its capacity to provide full visibility and policy enforcement, which assists enterprises in adhering to corporate standards and regulatory requirements. Ensuring compliance with these protocols is crucial, as failure to do so can result in vulnerabilities that expose companies to significant risks. The platform’s robust architecture allows enterprises to monitor and control AI tool usage effectively, mitigating any potential vulnerabilities that could be exploited by malicious entities.
In September, Prompt Security took a monumental step by introducing the first-ever security and governance solution for Microsoft 365 Copilot. This groundbreaking advancement underscores the company’s commitment to addressing the emerging challenges associated with AI. By offering specific solutions tailored to widely-used platforms, Prompt Security is setting a precedent in the industry, demonstrating its proactive approach to AI security. This initiative not only reinforces the company’s dedication to enhancing AI safety but also provides a framework for other enterprises looking to fortify their AI strategies.
Founders’ Expertise and Forward Momentum
Extensive Cybersecurity Backgrounds
The foundation of Prompt Security’s robust approach to AI security lies in the extensive experience of its founders, Itamar Golan and Lior Drihem. Both founders have an impressive track record in cybersecurity, bringing invaluable insights from their previous tenures at Check Point Software Technologies. Golan’s additional contributions to Orca Security and OWASP’s Top 10 for LLM Applications highlight his expertise and dedication to tackling AI threats comprehensively. Their combined experience provides a solid foundation for Prompt Security’s innovative solutions, enabling the company to anticipate and address a wide range of AI-related risks.
Their proactive stance on AI security is particularly pertinent as the technology becomes increasingly integrated into various aspects of enterprise operations. The founders’ deep understanding of the security landscape allows Prompt Security to foresee potential threats and develop preemptive measures to counteract them. This foresight is crucial, as it equips enterprises with the necessary tools to safeguard their sensitive data and maintain the integrity of their AI systems.
Future Prospects and Funding Utilization
Prompt Security aims to provide robust solutions to manage and mitigate the inherent risks AI tools present, ensuring their safe and ethical implementation. By offering businesses sophisticated security measures, they help organizations uphold stringent compliance standards while leveraging the transformative potential of generative AI. This significant funding will empower Prompt Security to enhance visibility and governance over AI tools, aiding businesses in maneuvering through the intricate AI security landscape. Thus, Prompt Security plays a crucial role in the safe and responsible adoption of cutting-edge AI technologies across various sectors.
