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Orion Security raises $6M to plug sensitive data leaks with AI smarts

  • Orion Security Ltd. raises $6 million in seed funding to combat data leaks using AI technology.
  • The startup utilizes AI systems to detect data movement by illicit actors, aiming to prevent data exfiltration.
  • Data exfiltration has become a major concern, particularly with the rise of state-sponsored hackers and generative AI tools.
  • North Korean hackers have been profiting from data exfiltration, posing a significant threat to businesses.
  • Orion Security's AI platform learns a company's data flow to distinguish between legitimate activities and potential risks.
  • The company's technology can prevent sensitive data transfers to suspicious destinations and alert security teams.
  • The funding round was led by Pico Venture Partners and FXP, with support from other cybersecurity industry experts.
  • Orion's approach focuses on understanding the business context of data movement to enhance data protection.
  • The AI algorithms improve over time to reduce false alerts and provide accurate threat detection.
  • Orion's initiative addresses the limitations of manual security policies, offering a more flexible and proactive solution.

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