Source: http://go.intelligence360.io/ and https://intelligence360.news/
Fable Security, the modern human risk management platform, has announced its launch with $31 million in funding from Greylock Partners and Redpoint Ventures. The company is already protecting enterprises and their knowledge workers across critical industries like financial services, healthcare, logistics, technology, and more. Fable directly shapes employee behavior by deploying highly targeted, risk-based interventions to people automatically, in real time, right where they work. Fable was founded by Nicole Jiang (CEO) and Dr. Sanny Liao (CPO), founding team members of Abnormal AI. During their time at the company, they were part of the early team that built the product from the ground up, helped to scale the company to hundreds of millions of ARR, and pioneered the concept of behavioral-based security. Leveraging Liao’s background in adtech, behavioral economics, and AI/ML along with Jiang’s years of experience building both enterprise- and consumer-grade products, they turned their attention to an even more audacious problem: helping enterprises take control of human risk for the first time.
In a statement Nicole Jiang, co-founder and CEO of Fable Security said, “Companies spend billions on cybersecurity, but human risk is still the biggest unsolved problem that every security team wants to fix.” “One-size-fits-all security awareness programs with generic training modules and phishing simulations do little to actually reduce risk. They are unable to handle the volume, speed, or sophistication of AI threats that exist today. Fable is here to change this paradigm, with a platform purpose-built to tackle the full spectrum of risky employee behaviors at scale.”
Since launching with its first customer less than a year ago, Fable is already protecting enterprises like Pennymac, Genesys, and the DNC. Fable has enabled customers to reduce phishing clicks by more than 85%, decrease PII exposures by 60%, and double post-training employee engagement. Fable even gives time back to more than 40% of employees by forgoing unnecessary training. Fable Security delivers the human risk platform that directly shapes employee behavior. Designed for simplicity and enterprise scale, our agentic platform synthesizes complex employee data, pinpoints risky behaviors, and deploys highly-relevant interventions to people automatically, in real time, right where they work. With Fable, modern enterprises tangibly reduce risk, sharpen security habits, and drive lasting organizational resilience.
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