Prompt Security, emerging from stealth with a $5 million seed round, aims to safeguard enterprises against data leaks by securing employee and customer-facing generative AI (GenAI) applications. The company, founded by Itamar Golan and Lior Drihem, provides a browser extension and IDE plugin for detecting unauthorized GenAI tool usage, addressing new security vulnerabilities like prompt injections. With growing awareness among CISOs about GenAI security risks, Prompt Security is expanding its focus to include securing applications throughout the development and testing phases, adapting to the rapidly evolving GenAI market.
Prompt Security's Mission for GenAI in Enterprises:
Aims to secure generative AI (GenAI) usage within businesses to prevent data leaks.
Focuses on protecting against unauthorized GenAI tools employees use ("shadow AI") and securing customer-facing GenAI applications.
Company Launch and Funding:
Officially emerging from stealth with a $5 million seed funding.
Funding is led by Hetz Ventures, with contributions from Four Rivers and angel investors, including CISOs from Airbnb, Elastic, and Dolby.
Founders' Background:
Founded by Itamar Golan (CEO) and Lior Drihem (CTO), who have prior experience at Check Point and Orca Security.
The company's decision to start was inspired by its work on AI-based features at Orca Security and identifying new security vulnerabilities.
Security Concerns and Solutions:
Chief Information Security Officers (CISOs) lack visibility into all the GenAI tools their employees access.
Prompt Security's solution includes a browser extension and IDE plugin that detects GenAI usage patterns and enforces security policies with minimal user experience latency.
Addressing New Attack Surfaces:
GenAI applications can be exploited through prompt injections and jailbreaks, potentially allowing attackers to execute unauthorized code.
The company aims to provide a comprehensive platform covering employee usage and application security.
Market and CISO Awareness:
Initially, many CISOs were either unaware or unconcerned about GenAI security issues.
Awareness and concern are growing as incidents of shadow AI usage increase.
Future Plans and Focus:
Currently focused on securing applications in production.
Plans to extend services to help developers secure applications during development and testing phases.
The market's rapid evolution means strategies and offerings may quickly evolve to meet emerging needs.
Disclaimer: The provided information is for general informational purposes only. It is summarized based on the source https://apple.news/Ac9BLsKp2TIyLqM5sDtZb4w. Any reliance on this information is at your own risk.
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