Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Artificial Intelligence

Aim Security Raises $10M to Tackle Shadow AI

A new Israeli startup called Aim Security has raised $10 million in seed financing to help with the secure deployment of generative-AI technologies.

A new Israeli startup called Aim Security has raised $10 million in seed financing to work on technology to help organizations with the secure deployment of generative-AI utilities.

The company, which is backed by YL Ventures and Cyber Club London, has ambitious plans to build “a holistic, one-stop shop GenAI security platform” capable of providing oversight, visibility and control over AI-powered enterprise apps.

Aim Security and its investors are betting there’s a lucrative market for new security tooling to deal with the proliferation of — and attack surface exposure — from public generative-AI tools and third-party apps with embedded generative-AI features. 

The company posits that many of these “Shadow AI tools” are ungoverned and unsanctioned by security teams, who must then chase the adoption of these Shadow AI tools, mapping each of their unique risks and understanding what tools are training their models on the data submitted. 

“These hyper-productivity tools connect to the company’s environment and may break all existing trust boundaries, flatten the authorization layer and create unauthorized data access,” Aim Security chief executive Matan Getz said.

“Companies have also realized the immense value of using GenAI agents and AI-led development to augment their own applications, leading to ownership and GenAI regulation issues, safety questions regarding malicious and manipulated GenAI output and unique attack vectors such as jailbreaks and prompt injection,” he added.

Getz argued that traditional security tools lack the specific expertise to understand the foundations of generative-AI and the scope of risk exposure, noting there are “blind spots that organizations can’t see until it’s too late.”

Related: Israeli Startup Gets $5M to Tackle AI Security

Advertisement. Scroll to continue reading.

Related: Security Experts Describe AI Tech They Want to See

Related: OpenAI Turns to Security to Sell ChatGPT Enterprise

Related: HiddenLayer Raises Hefty $50M for AI Security Tech

Written By

Ryan Naraine is Editor-at-Large at SecurityWeek and host of the popular Security Conversations podcast series. He is a security community engagement expert who has built programs at major global brands, including Intel Corp., Bishop Fox and GReAT. Ryan is a founding-director of the Security Tinkerers non-profit, an advisor to early-stage entrepreneurs, and a regular speaker at security conferences around the world.

Trending

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

Join the session as we discuss the challenges and best practices for cybersecurity leaders managing cloud identities.

Register

SecurityWeek’s Ransomware Resilience and Recovery Summit helps businesses to plan, prepare, and recover from a ransomware incident.

Register

People on the Move

Mike Dube has joined cloud security company Aqua Security as CRO.

Cody Barrow has been appointed as CEO of threat intelligence company EclecticIQ.

Shay Mowlem has been named CMO of runtime and application security company Contrast Security.

More People On The Move

Expert Insights

Related Content

Application Security

Cycode, a startup that provides solutions for protecting software source code, emerged from stealth mode on Tuesday with $4.6 million in seed funding.

Cybersecurity Funding

SecurityWeek investigates how political/economic conditions will affect venture capital funding for cybersecurity firms during 2023.

Artificial Intelligence

The CRYSTALS-Kyber public-key encryption and key encapsulation mechanism recommended by NIST for post-quantum cryptography has been broken using AI combined with side channel attacks.

Artificial Intelligence

The release of OpenAI’s ChatGPT in late 2022 has demonstrated the potential of AI for both good and bad.

Cyber Insurance

Cyberinsurance and protection firm Boxx Insurance raises $14.4 million in a Series B funding round led by Zurich Insurance.

Cybersecurity Funding

2022 Cybersecurity Year in Review: Top news headlines and trends that impacted the security ecosystem

Artificial Intelligence

ChatGPT is increasingly integrated into cybersecurity products and services as the industry is testing its capabilities and limitations.

Artificial Intelligence

The degree of danger that may be introduced when adversaries start to use AI as an effective weapon of attack rather than a tool...