Harmonic Insights launches: enabling enterprises to adopt GenAI without worrying about the security or privacy of their data
May 01 2024 - 7:01AM
Business Wire
Solution shaped via input from over 50 CISOs
with In-Q-Tel also becoming new strategic investor in Harmonic
Security
Harmonic Security has today announced the general availability
of Harmonic Insights. The data security platform monitors and
secures sensitive data in the age of generative AI (GenAI) so
organizations can adopt this nascent technology safely. The company
is also pleased to announce that In-Q-Tel, Inc. (IQT), the
not-for-profit strategic investor for the US national security
community and America’s allies, has also taken an investment in the
firm. The two developments set the stage for the next growth phase
of the company which launched in October 2023 with $7m in ‘seed’
funding from Ten Eleven Venture Capital as well as 14 other private
investors.
Harmonic Insights has been developed with the input of over 50
CISOs from some of the world’s largest companies and provides
visibility into GenAI adoption within the enterprise. With
Harmonic, security teams get a risk assessment of all active AI
applications so organizations can identify risks that could lead to
compliance, security, or privacy incidents.
Alastair Paterson, CEO of Harmonic Security explains: “We are
de-risking the adoption of Generative AI. Right now, organizations
face risks both ways. Failure to take advantage of the huge
productivity gains AI offers could mean missing out on an
innovation cycle. But using the wrong AI tool in the wrong way
could result in confidential data ending up in the wrong hands.
This is why there is a critical need for Harmonic Insights to
empower organizations to use GenAI safely.”
Sascha Maier, CISO of SV Group said: “We wanted to adopt GenAI
tools but were worried about the risks to our sensitive data.
Existing controls could block the whole category, but that's not
what we wanted. Harmonic gives me visibility and control. I'm
excited to roll out their 'human-like' data protection. Current-gen
DLP is too much effort for my team and doesn't find things I care
about."
Detailing why IQT has decided to invest in Harmonic Security,
Will Howerton, Principal at IQT said: “The issue of data protection
is a critical national priority and the advent of GenAI potentially
supercharges the threat both for government and the organizations
that work with them. Harmonic Security is ahead of the issue and in
a short space of time has developed the innovative technology
needed to stay on top of the risks involved with adopting AI.”
Dave Palmer, General Partner, TenEleven adds: “GenAI has come
quicker than we could have imagined, and security must be equally
fast. The rate at which Harmonic is innovating is truly exciting
and has the potential to revolutionize the data security
industry.”
Jerry Perullo, former CISO of the New York Stock Exchange and
Angel Investor concludes: “AI adoption has moved from a threat to a
must-have in the Board-CISO conversation. Harmonic enables security
teams to leverage AI themselves while also providing a path to
saying yes to business.”
Harmonic Security has been selected as a ‘finalist’ for the RSA
Conference 2024 Innovation Sandbox Contest. This serves as a
platform for the most promising cybersecurity companies to showcase
their groundbreaking technologies and begins at 10:50 a.m. PT on
May 6 where Harmonic Insights will be demo’d publicly for the first
time. Organizations which are interested in a free two-week trial
of Harmonic Insights should visit harmonic.security/trial.
About Harmonic
Harmonic Security offers enterprises comprehensive visibility
into their AI service usage. By identifying high-risk applications
and data, Harmonic empowers organizations to implement necessary
controls, ensuring data security. Simultaneously, its virtual
analyst alleviates strain on in-house security teams, facilitating
seamless AI adoption while safeguarding critical information. For
more information, visit https://www.harmonic.security/.
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version on businesswire.com: https://www.businesswire.com/news/home/20240501104659/en/
David Bell david@harmonic.security