Shares of Rubrik Inc. (NYSE: RBRK) plummeted 5.47% on Friday's pre-market trading session, as concerns mounted over the potential risks associated with data leaks in Artificial Intelligence (AI) systems.
The stock's decline came after the company announced the launch of its Data Security Posture Management (DSPM) solution, which aims to address the challenges of securing sensitive data in the context of AI adoption. According to Rubrik's Chief Business Officer, Mike Tornincasa, the proliferation of data across fragmented environments and the complexity of ensuring appropriate data inputs for AI systems pose significant risks of data exposure.
While Rubrik's DSPM solution is poised to provide enhanced data visibility and control, the market's reaction suggests lingering skepticism regarding the company's ability to effectively mitigate data security risks. As AI continues to evolve and gain widespread adoption, the need for robust data security measures becomes increasingly critical.
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