Verax AI has unveiled Verax Protect, a security-focused tool designed to help large companies manage growing AI-related risks. Launched globally, the product is aimed at enterprises working with sensitive data, especially those in finance, healthcare, and defense. Verax Protect addresses increasing fears about data leakage and unauthorized access caused by Generative AI tools.
Leo Feinberg, CEO and co-founder of Verax AI, said the tool meets an urgent need. “Generative AI promises huge productivity gains, but it also introduces new threats,” he said. “Verax Protect ensures businesses can adopt AI without putting critical data at risk.” The launch follows a sharp rise in AI adoption and a surge in related security incidents. As of 2024, over 40% of U.S. companies use paid AI tools, yet nearly a third have faced AI-related data problems.
Helping Companies Use AI Without Leaking Sensitive Data
Verax Protect is built for real-time oversight and risk control in high-stakes industries. It monitors how employees interact with AI tools and stops sensitive data from leaving the organization. The system tackles one of the biggest risks: people entering confidential details into AI tools like chatbots or report generators. These tools often route data through third-party platforms, raising serious privacy concerns. The product blocks unauthorized information sharing and enforces company-wide AI policies.
Unlike pop-ups or passive training, Verax Protect automatically prevents both accidental and deliberate breaches. It also helps firms meet strict rules like GDPR in Europe, HIPAA in the U.S. healthcare sector, or GLBA for financial services. “Our clients want to move fast with AI but stay secure and compliant,” said Feinberg. “Verax Protect bridges that gap in real time.” The tool integrates smoothly with enterprise systems and allows granular controls, so companies can customize protection by role or department.
Uptake Grows, But Concerns Remain
The market for GenAI tools is expanding rapidly. In 2023, only 5% of U.S. companies had paid for AI subscriptions. That number has jumped to 40%, with more adopting tools every month. Yet this growth has come with risks. Nearly 30% of current AI users have already suffered data incidents tied to improper use. The cost of these breaches is rising fast.
In 2024, the global average hit $4.88 million per incident, the highest ever recorded. Verax Protect enters this space as a timely solution, but the challenge of responsible adoption remains. Some companies still rely on outdated methods, like warning messages or basic employee training. Verax’s solution stands apart by offering automatic enforcement, making policy breaches less likely.
The company’s track record also adds confidence. Co-founders Feinberg and CTO Oren Gev previously built CloudEndure, later sold to Amazon Web Services for $250 million. Alongside Verax Protect, the company also offers Verax Explore and Verax Control, which give companies a full view of their AI ecosystem.
Verax Protect Marks a Shift in AI Security Expectations
As AI continues to shape enterprise workflows, tools like Verax Protect will become more than optional add-ons; they will be foundational. Verax AI is positioning itself as a key player in this shift. By giving companies the power to control how AI is used internally, the company addresses a rising demand for built-in safeguards.
With regulatory scrutiny growing and employees using AI more freely, real-time oversight is quickly becoming essential. The company’s enterprise-first focus, combined with its leadership experience, signals a broader move toward embedded AI trust systems. For many organizations, the question is no longer if AI should be used, but how to use it safely.
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