System Two Security, a pioneering cybersecurity startup, has recently secured a $7 million funding round led by Costanoa Ventures, showcasing the strong support and belief in the company’s mission. Joined by other prominent investors such as Runtime Ventures, The Hive, Webb Investment Network, as well as tech veterans like Scott McNealy, Frederic Kerrest, and Ash Devata, System Two Security is well positioned to make significant strides in the fight against GenAI-powered cyberattacks.
With the increasing use of generative AI (GenAI) in cyberattacks, the cybersecurity landscape is rapidly evolving. Attackers are leveraging GenAI tools to enhance the speed, intelligence, and stealth of their attacks, making them more challenging to detect and defend against. These tools enable attackers to automate password attacks, manipulate AI models, simulate attack scenarios, and create real-time adaptive malware, allowing them to breach systems more efficiently and launch sophisticated attacks.
In response to this emerging threat, System Two Security is taking proactive measures by utilizing purpose-built GenAI models and agents tailored for detection engineering. By adopting a strategic approach that transforms threat detection from manual to adaptive and automatic processes, System Two Security has demonstrated remarkable success in detecting new threats up to 10 times faster, including sophisticated attacks like LLMJacking.
Robert Fly, the CEO of System Two Security, expressed the company’s vision of leveraging AI as a force multiplier for security teams to outpace attackers. By focusing on AI-Native Detection Models, Automatic Detection Creation, Cross-System Compatibility, and Empowering Detection Engineers, System Two Security has developed a groundbreaking technology that sets them apart from traditional cybersecurity solutions.
Furthermore, System Two Security’s emphasis on transforming Security Operations Centers (SOC) through generative AI agents that augment human expertise showcases their commitment to empowering security teams. By enabling teams to efficiently address coverage gaps, transition detection rules seamlessly between systems, and predict novel attack sequences, System Two Security is reshaping how organizations approach cybersecurity.
Founded by industry veterans Robert Fly and Prasanth Ganesan, System Two Security brings extensive experience and expertise in security innovation to the table. Their deliberate and logical approach to solving complex cybersecurity challenges, inspired by Daniel Kahneman’s behavioral science framework, sets them apart in the industry.
With the recent $7 million funding, System Two Security plans to expand its team, accelerate product development, and collaborate with design partners to refine its technology further. By redefining security with generative AI and empowering organizations to stay ahead of cyber threats, System Two Security is poised to lead the transformation in detection engineering and deliver the tools necessary for defenders to succeed.
In conclusion, System Two Security’s innovative approach to combating cybercrime, backed by a visionary team with deep expertise, marks a significant milestone in the cybersecurity industry. With strong investor support and a commitment to SOC transformation, System Two Security is well positioned to redefine detection engineering and empower security teams in the ongoing battle against cyber threats.