Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

Insider threats cost organizations an average of $17.4 million annually, with financial services facing costs up to $20.68 million per organization according to the Ponemon Institute 2025 Cost of Insider Risks Global Report. Traditional security measures fail when malicious behavior originates from authorized users who bypass most security controls without triggering alerts. Cyber criminals increasingly recruit bank employees to gain unauthorized access, steal customer data, and facilitate fraud rings.

For Managed Security Service Providers (MSSPs), Web Application Firewall (WAF) or Web Application and API Protection(WAAP) services have become table stakes. Enterprises expect MSSPs to deliver continuous security-policy management, rapid patching, zero false positives, real-time responses to zero-days, and audit-ready compliance reporting. The challenge? Delivering all of this as a part of MSSP managed WAF service can quickly become a margin drain.

Generative AI is transforming the way enterprises approach daily operations – powering virtual assistants, summarizing medical records, and aiding clinicians with insights. These benefits come at a cost: risk to a wide range of sensitive data in AI-driven workflows. Traditional access controls and content filters that work for static systems fail as these are not designed for the free-flowing, context-rich data exchanges in LLM applications.