Verax AI has launched Verax Protect, a global enterprise solution aimed at addressing the increasing risks of sensitive data leaks associated with rising use of generative artificial intelligence in business environments. The rapid integration of artificial intelligence into the workplace has created scenarios in which employees may inadvertently input confidential or proprietary information into artificial intelligence tools, resulting in potential data exposure to external platforms. This risk has grown more acute as adoption soars; over 40% of US companies now subscribe to paid artificial intelligence services, up from 5% in 2023. Alarmingly, 30% of organisations using artificial intelligence have already reported security incidents, while the global average cost of a data breach has reached historic highs in 2024.
Verax Protect is positioned to aid enterprises—particularly those in highly regulated sectors like finance, healthcare, and defense—in leveraging artificial intelligence´s productivity gains while remaining compliant with strict data privacy and cybersecurity requirements. The platform´s core features are designed to automatically detect and block the accidental sharing of sensitive company data with third-party artificial intelligence applications, an increasingly common risk given the encouragement to input detailed information into generative platforms. Another critical layer of protection prevents artificial intelligence tools from inadvertently sharing sensitive internal data with unapproved staff, thereby safeguarding against internal oversharing as artificial intelligence becomes more enmeshed in daily business operations.
Unlike traditional compliance methods such as employee training or reminder prompts, Verax Protect automates enforcement of organisational artificial intelligence policies, aiming to eliminate both accidental errors and deliberate policy circumvention. The solution is also tailored to help organisations fulfill regulatory obligations, including demonstrating compliance under frameworks like GDPR, HIPAA, or GLBA. It provides detailed oversight and documentation of artificial intelligence-related data protection activities. The launch is steered by Verax co-founders Leo Feinberg and Oren Gev, with prior success founding CloudEndure, which was acquired by Amazon Web Services. Verax Protect sits alongside Verax Explore and Verax Control as part of a broader suite developed to monitor and govern enterprise artificial intelligence usage, touting real-time oversight, integration with business systems, and policy-driven controls. The offering underscores growing industry demand for intelligent data risk management as artificial intelligence adoption accelerates within regulated markets.
