Verax AI, a leader in enterprise-grade AI trust solutions, has launched Verax Protect, a cutting-edge tool designed to mitigate risks associated with Generative AI, such as data leakage and compliance violations, particularly for highly regulated industries like finance, healthcare, and defense.
Verax Protect prevents data leakage in Generative AI applications.
Over 40% of U.S. businesses use paid AI tools, up from 5% in 2023.
30% of AI-using organizations faced security incidents in 2024.
Global data breach costs hit $4.88M in 2024, a 10% rise.
Enforces AI policies and compliance with GDPR, HIPAA, GLBA.
Founded by Leo Feinberg and Oren Gev, ex-CloudEndure leaders.
With 40% of U.S. businesses adopting paid AI tools (up from 5% in 2023) and 30% facing AI-related security incidents, the risk of data leakage is critical, with global breach costs reaching $4.88M in 2024. Verax Protect tackles these challenges by preventing sensitive data from leaking to third-party AI tools and ensuring unauthorized data access is blocked. “Generative AI is a double-edged sword,” said Leo Feinberg, Co-founder and CEO of Verax AI. “With Verax Protect, we’re enabling enterprises to stay competitive by leveraging the power of AI without compromising security, privacy, and compliance.”
Data Leakage Prevention: Blocks sensitive data in AI prompts from reaching external tools, reducing the 7.5% of prompts containing sensitive information.
Access Control: Prevents AI tools from exposing unauthorized data in reports or summaries, addressing oversharing risks.
Policy Enforcement: Automatically enforces corporate AI policies, replacing ineffective training or pop-up reminders.
Compliance Support: Aligns with GDPR, HIPAA, and GLBA, providing evidence of data protection for certifications.
Founded in 2023 by Leo Feinberg and Oren Gev, Verax AI builds on their success with CloudEndure, acquired by AWS for $250M. Verax Protect complements Verax Explore and Verax Control, offering real-time oversight and risk mitigation. The solution integrates with internal systems, providing granular controls for technical and policy compliance.
Verax Protect addresses the 80% of data experts who see AI as a growing security challenge. By offering real-time monitoring and automated mitigation, it enables enterprises to adopt AI safely, ensuring compliance and protecting against the $4.88M average cost of breaches.
About Verax AI
Verax AI is a leading provider of enterprise-grade AI trust solutions. Founded in 2023 by serial tech entrepreneurs Leo Feinberg and Oren Gev, the company enables large organizations to fully harness the productivity benefits of AI technologies, while mitigating the security and trust issues associated with their adoption. Verax AI’s suite of cutting-edge solutions includes Verax Protect and is designed for cross-industry use, including in highly regulated sectors such as healthcare, financial services and defence, empowering companies to adopt AI tools with confidence.
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