August 7, 2024 at 03:25PM
At Black Hat USA in Las Vegas, Eitan Worcel of Mobb Security, last year’s winner, passed the torch to Knostic, the 2024 winner. Sounil Yu, Knostic’s CTO, accepted the award. Four finalists, including LeakSignal, RAD Security, DryRun Security, and Knostic, made final pitches. Knostic’s tool focuses on access control of sensitive data within internal AI tools.
Key takeaways from the meeting notes:
– Eitan Worcel, CEO of Mobb Security, announced Knostic as the winner of the Startup Spotlight at BLACK HAT USA. Knostic is an LLM access-control company, and its founder and CTO, Sounil Yu, was present to accept the award.
– Four finalists, including LeakSignal, RAD Security, DryRun Security, and Knostic, presented their companies’ pitches in a Shark Tank-style competition. The panel of judges included industry experts from Omdia, Twilio, Deepwatch, Azeria Labs, VC firm Lytical Ventures, and startup accelerator MACH37.
– Each finalist presented their unique offerings:
– LeakSignal provides an openly distributed data governance solution, focusing on data classification and protection.
– RAD Security focuses on security issues in cloud native development by providing custom detection-and-response plans for malicious behavior.
– DryRun Security offers automated, behavioral code reviews using an approach grounded in contextual security analysis (CSA).
– Knostic aims to ensure that internal generative AI (GenAI) tools do not leak sensitive data to unauthorized users, with a focus on creating a knowledge control layer based on employees’ permissions.
– Sounil Yu, the founder of Knostic, emphasized the importance of need-to-know access to sensitive information and demonstrated how Knostic’s platform ensures that only authorized users can access specific data.
– Sounil Yu expressed gratitude for the opportunity to present and win, acknowledging the value brought by all the other contestants.
These clear takeaways summarize the key points and highlights from the meeting notes.