PRESS RELEASE. RESTON, Va. and TEL AVIV, Israel, April 11, 2024/PRNewswire-PRWeb/ - Knostic, the world's first provider of need-to-know access controls for Generative AI, emerges today from stealth, having been named one of the top three finalists for the 2024 RSA Conference Launch Pad competition.
Organizations are rapidly adopting Large Language Models and tools such as Microsoft Copilot and Glean to create ChatGPT-like systems, but with their own institutional knowledge.
Such systems also introduce business risks, primarily by exposing content outside of an employee's need-to-know, e.g., bonuses, sales revenue, and mergers and acquisition information.
With Knostic, employees can access everything they need, but with answers shaped to just what they need to know in order to do their job per organizational policy.
Knostic's offering also helps organizations with the early adoption stage, understanding their exposure to need-to-know violations and the path towards safe implementation of LLM-based tools.
Legacy approaches for data security such as permission-based access control fall short at the LLM age, and new approaches are needed.
Founded in late 2023 by cybersecurity veterans Gadi Evron and Sounil Yu, Knostic raised a $3.3M pre-seed financing round, with participation from Shield Capital, Pitango First, DNX Ventures, and Seedcamp, as well as angel investors Kevin Mahaffey, David Cross, Bryson Bort, Travis McPeak, Matthew Honea, and others.
Knostic is the world's first provider of need-to-know based access controls for Large Language Models.
With knowledge-centric capabilities, Knostic enables organizations to accelerate the adoption of LLMs and drive AI-powered innovation without compromising value, security, or safety.
This Cyber News was published on www.darkreading.com. Publication date: Thu, 11 Apr 2024 21:00:16 +0000