What's Happening?
Onyx Security, a startup focused on securing enterprise use of artificial intelligence (AI) agents, has launched with $40 million in funding from venture firms Conviction and Cyberstarts. The company aims to address the risks associated with increasingly
autonomous AI systems used in various business departments, such as engineering and customer service. These AI agents, while integral to modern business operations, pose potential security and operational risks due to their unpredictable behavior. Onyx Security is developing a Secure AI Control Plane, a centralized platform to oversee AI agents, ensuring they operate safely within business workflows. This platform will monitor AI agents' reasoning processes and intervene when necessary to maintain compliance with security and governance policies.
Why It's Important?
The rise of AI systems in business operations introduces new security challenges that traditional cybersecurity tools are not equipped to handle. As AI agents gain access to critical systems, the potential for errors or exploitation by attackers increases. Onyx Security's platform aims to provide businesses with the tools to manage these risks effectively, ensuring that AI agents do not compromise security or operational integrity. This development is crucial as more companies integrate AI into their operations, necessitating robust security measures to protect sensitive information and maintain business continuity.
What's Next?
Onyx Security plans to expand its platform's capabilities to support multiple departments within companies, providing security teams with visibility into AI activity and protection against attacks. The company aims to help governance teams meet regulatory requirements and assist infrastructure teams in managing AI systems while balancing cost, performance, and reliability. As Onyx Security continues to develop its platform, it will likely seek to attract more customers, including Fortune 500 companies, and expand its workforce across Israel, the United States, and Canada.
