Verax AI CEO Leo Feinberg Discusses Strategies to Mitigate AI Security Risks in Enterprises

As artificial intelligence (AI) becomes increasingly integral to enterprise operations, the challenges of ensuring its secure and responsible use have come to the forefront. Leo Feinberg, Co-founder and CEO of Verax AI, a company at the vanguard of enabling safe AI adoption, sheds light on the pressing risks and the evolving landscape of AI security in a recent interview.

Feinberg identifies two primary risks in the current AI adoption wave: the mismatch between AI tools and company-specific needs leading to disillusionment with AI's value, and the significant risk of data leakage into third-party AI tools. These tools, while offering substantial productivity benefits, often handle sensitive or confidential information without adequate safeguards, creating unprecedented data security challenges.

According to Feinberg, many organizations lack automated controls to prevent data leakage, relying instead on ineffective measures like employee training and warning banners. This oversight is particularly perilous as traditional security tools are ill-equipped to address the unique vulnerabilities introduced by AI technologies.

In response to these challenges, Verax AI has developed Verax Protect, a solution designed to automatically enforce corporate AI policies across all employee devices. This innovation aims to allow enterprises to harness the productivity benefits of AI tools like ChatGPT and Claude securely, without compromising on data privacy or security.

Feinberg advocates for a dual strategy: empowering employees to select the most effective AI tools for their needs while implementing solutions that automatically block or sanitize AI usage violating company policies. This approach, he argues, offers the optimal balance between risk and reward.

Verax Protect distinguishes itself by catering to regulated companies with stringent security, privacy, and compliance requirements, addressing a gap in the young AI security market. Feinberg envisions a future where the cybersecurity industry rapidly adapts to mitigate AI-related risks, with Verax AI leading the charge in providing comprehensive safeguards.

Looking ahead, Feinberg predicts AI will revolutionize workplace productivity across various workflows, contingent upon sufficient investment in AI development. For Verax AI, the focus remains on staying ahead of evolving AI risks, expanding Verax Protect's capabilities to cover emerging threats like those associated with AI-generated coding tools, and establishing the company as the premier solution for secure employee interactions with third-party AI tools.