UPDATED 09:00 EDT / JUNE 01 2023


Safe Security launches AI-enabled ‘Cyber Risk Cloud of Clouds’ to avert cyber breaches

Artificial intelligence-based cyber risk management company Safe Security Inc. today announced Cyber Risk Cloud of Clouds, a new service aimed at predicting and averting cyber breaches.

The new service amalgamates multiple distinct cyber signals into a unified view, providing a detailed and aggregated perspective of enterprise security risk, according to the company. It combines data from various sources such as CrowdStrike Holdings Inc., Wiz.io Inc., Amazon Web Services Inc., Microsoft Corp.’s Azure, Google Cloud Platform, Qualys Inc., Tanium Inc., Rapid7 Inc. and ServiceNow Inc.

SAFE Security argues that its service differs from others in the cyber risk management field due to its predictive and proactive approach rather than the traditionally reactive stance typically employed in the industry. Organizations can use the Cyber Risk Cloud of Clouds to make informed security decisions based on aggregated data from various sources, leading to a comprehensive understanding of enterprise risk.

The predictive AI models, co-developed with the Massachusetts Institute of Technology, generate actionable insights about breach likelihoods under various risk scenarios. Coupled with its generative AI interface, SafeGPT, the service is said to simplify cyber risk management by enabling user-friendly and intuitive interactions, setting the service apart from competitors.

SafeGPT offers a platform for managing cyber risk, the company says, enabling users to ask specific questions about their cyber risk data, define the most effective strategies for risk mitigation, and respond confidently to inquiries from regulators and other stakeholders.

“The CISO is facing an unprecedented level of pressure and the role has evolved into a major business decision-maker,” co-founder and Chief Executive Saket Modi said ahead of the release. “With SAFE, CISOs can gain a new level of visibility with higher confidence, through real-time access into their cybersecurity posture, to make the most impactful strategy to decrease cyber risk.”

SAFE Security is a venture capital-funded startup, having raised $99.2 million to date, including a round of $33 million in July 2021. Investors include Telstra Ventures Pty. Ltd., Fidelity Ventures Ltd., Sorenson Capital LP, Western Technology Investment and Eight Road Ventures.

Image: SAFE Security

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