Source prnewswire
Lasso Security Emerges from Stealth With $6 Million Seed Funding to Pioneer Gen AI and Advanced LLM Cybersecurity
Today, Lasso Security, a leader in Large Language Models (LLMs) cybersecurity, announced the closing of a $6 million seed round led by Entrée Capital with Samsung Next as a participant. Almost every few years, there is a major technological revolution that takes place. In the 90s, it was the internet; in the 2010s, it was the cloud; and most recently, it has been the Generative Artificial Intelligence (GAI).. The revolution that Gen AI and LLMs technologies have brought to organizations has been greatly embraced by hundreds of millions of end-users and hundreds of thousands of organizations around the world.. There is also a pressing issue associated with the rapid adoption of LLMs which is the significant cybersecurity challenges they pose, including data exposure, security and compliance concerns.. We are setting a benchmark for LLM cybersecurity by ensuring that every LLM touchpoint is protected, giving businesses using Gen AI and other large language models the assurance of unrivaled, comprehensive protection.. It is planned that the company will use the funds to expand its team and enhance its offerings in the future It is planned that the company will use the funds to expand its team and enhance its offerings in the futureIt is the mission of Lasso Security to equip Gen AI and LLM pioneers with innovative security solutions that will enable organizations to fully harness the power of these technologies.. With Lasso, we are addressing a wide range of sophisticated, evolving and sophisticated cybersecurity threats that pose a threat to the LLM community, such as model theft, malicious code generation, prompt injection, data poisoning, and supply chain attacks.. Additionally, Lasso offers oversight when it comes to the disclosure of sensitive data, an insight into how employees make use of LLM-based workplace tools, and guidance on how to use them in a safe and effective manner in real-time. Additionally, Lasso offers oversight when it comes to the disclosure of sensitive data, an insight into how employees make use of LLM-based workplace tools, and guidance on how to use them in a safe and effective manner in real-time.Elad Schulman, the CEO of Lasso Security, pointed out that the capabilities of LLMs are remarkable, revolutionizing information processing, but also introducing opportunities for cyber criminals in enterprise settings,. It is expected that organizations without a dedicated Gen AI risk management solution will experience negative outcomes as early as next year. In Lasso, we have reviewed a number of LLM security challenges and developed a comprehensive solution that encompasses both preventative measures and remediation steps. We are dedicated to equipping businesses with robust defenses to safeguard their systems, including those that use generative artificial intelligence technologies that rely on machine learning. Our sophisticated security platform will ensure that every data point, command, and prompt generated by LLMs is under the vigilant oversight of our security platform, enabling teams to embrace generative AI without jeopardizing the safety and security of their data Our sophisticated security platform will ensure that every data point, command, and prompt generated by LLMs is under the vigilant oversight of our security platform, enabling teams to embrace generative AI without jeopardizing the safety and security of their dataBy using Lasso's innovative Shadow AI Discovery, ongoing LLM Data-Flow Monitoring, and Observability features, coupled with a robust Real-time Detection and Alerting system, Lasso is able to rapidly respond to emerging threats and automatically detect them before they become serious.. The Lasso platform further ensures end-to-end protection by aligning seamlessly with the security policies of an organization.. With Lasso, it is possible to integrate and deploy LLMs in production environments in a safe and secure manner, preserving data and user privacy while safeguarding against malicious threats. With Lasso, it is possible to integrate and deploy LLMs in production environments in a safe and secure manner, preserving data and user privacy while safeguarding against malicious threats.There is no doubt that LLMs are one of the greatest technological leaps of our era in terms of efficiency and convenience. There are, however, a number of cybersecurity and compliance risks that come with this opportunity. According to Eran Bielski, General Partner at Entrée Capital, these challenges should not hinder the advancement of technology.". The Lasso solution is designed to address the vulnerabilities associated with LLMs directly.. Businesses will be able to confidently integrate large language models into their products or internal tools, while also safeguarding their commercial data and information at the same time. It is a pleasure to support and partner with Lasso as they work towards optimizing LLM security for enterprises as part of their efforts It is a pleasure to support and partner with Lasso as they work towards optimizing LLM security for enterprises as part of their effortsIt is becoming increasingly clear that Large Language Models are thriving, and with their availability for greatness, malicious actors are taking advantage of the opportunities.. As cybersecurity experts, we know there is no time for assessment and reaction. We have to be ahead of the game when it comes to threats – Lasso has built a platform that is designed to deal with current threats and anticipate future threats. As a member of Lasso's Advisory Board, René Bonvanie, former CMO of Palo Alto Networks, and a member of Lasso's Advisory Board, stated that "I am confident in their vision and mission to secure generative AI and the businesses that depend on it." As cybersecurity experts, we know there is no time for assessment and reaction. We have to be ahead of the game when it comes to threats – Lasso has built a platform that is designed to deal with current threats and anticipate future threats. As a member of Lasso's Advisory Board, René Bonvanie, former CMO of Palo Alto Networks, and a member of Lasso's Advisory Board, stated that "I am confident in their vision and mission to secure generative AI and the businesses that depend on it."The Lasso Security team has decades of collective experience as entrepreneurs, cyber innovators, and data scientists. The Lasso startup was established in 2023 and is already collaborating with a variety of organizations to build out their LLM-based environments despite being a newly established startup.Lasso Security is a pioneering comprehensive LLM cybersecurity startup dedicated to addressing the evolving threats and challenges businesses are beginning to encounter with large language models (LLMs) at all touch points within their organizations. We are a leading comprehensive LLM cybersecurity startup.. In 2023, Lasso was founded by Elad Schulman, Lior Ziv, Ophir Dror, and Yuval Abadi on a mission to help businesses deploy Generative AI effectively while ensuring the security of commercial data as well as the privacy of customers and employees. In 2023, Lasso was founded by Elad Schulman, Lior Ziv, Ophir Dror, and Yuval Abadi on a mission to help businesses deploy Generative AI effectively while ensuring the security of commercial data as well as the privacy of customers and employees.Gavin HorwichCampaign PR [email protected] is the media contact for this campaignLasso Security is the source of this informationGet PRN's top stories and curated news delivered right to your inbox every week when you sign up!
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