UPDATED 09:00 EDT / MAY 22 2024

SECURITY

New VerifyAI by Strike Graph enhances compliance with real-time feedback

Cybersecurity compliance startup Strike Graph Inc. today announced the launch of VerifyAI, a new artificial intelligence-powered service for security compliance that aims to give businesses flexibility and control for audits.

Claimed to go beyond basic security control automation to understand the nuances of a business, VerifyAI delivers real-time feedback on continuous compliance, allowing customers peace of mind knowing all evidence has been verified.

VerifyAI is seeking to address the issue wherein security audits, a necessary burden for businesses, require a solution that excels at managing sensitive information with stricter measures while also adopting each client’s unique compliance program. In delivering real-time feedback, VerifyAI allows users to avoid costly mistakes and exceptions on audited reports, all without needing to rely on a third-party AI network that can pose security risks.

“Some of our competitors offer automation, but their product can’t adapt differently to every customer’s specific environment,” said co-founder and Chief Executive Justin Beals. “VerifyAI runs checks on your evidence and attachments as they’re loaded so you can be confident to easily pass your audits.”

Following audits, the AI also continually tests evidence in real time, giving users the ability to define controls that work within their own businesses.

Key features of VerifyAI include flexibility with customizations, with the service adapting to each unique business environment. Users can use the service to test evidence relevant to their own compliance program.

Real-time feedback provides clear instructions on evidence collection and alerts when incorrect information is submitted. Continuous compliance monitoring checks for changes in evidence to ensure ongoing control effectiveness and pre-audit “smoke testing” allows users to vet evidence and identify areas for review before a new audit.

Strike Graph is a venture capital-backed startup that has raised $23.4 million over four rounds, according to Tracxn, including a round of $8.5 million in December. Investors in the company include BAMCAP Capital Partners, Madrona Venture Group LP, Information Venture Partners LLC and Rise of the Rest Fund LLC.

Image: Strike Graph

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