CrowdStrike Named a Founding Member of NIST Artificial Intelligence Safety Institute Consortium

Rhea-AI Summary

CrowdStrike (Nasdaq: CRWD) has announced its participation in the U.S. Department of Commerce’s National Institute of Standards and Technology’s (NIST) Artificial Intelligence (AI) Safety Institute Consortium (AISIC), showcasing its dedication to the advancement and advocacy of responsible AI. The initiative aims to establish standards and techniques for the ethical implementation and development of trustworthy AI, in response to President Biden’s Executive Order on Artificial Intelligence. CrowdStrike's AI-native cybersecurity innovations will contribute to the development of responsible AI systems and the promotion of privacy-by-design.

Collective group will advocate for responsible and trustworthy AI to empower the Federal Government and private sector

AUSTIN, Texas--(BUSINESS WIRE)-- CrowdStrike (Nasdaq: CRWD) today announced it is a founding member of the U.S. Department of Commerce’s National Institute of Standards and Technology’s (NIST) Artificial Intelligence (AI) Safety Institute Consortium (AISIC), demonstrating its commitment to the advancement and promotion of responsible AI. The AISIC will act as a collaborative platform where both public sector and private stakeholders will help shepherd standards and techniques around the broader implementation and development of trustworthy AI.

The initiative is part of NIST’s response to President Biden’s landmark Executive Order on Artificial Intelligence, which tasks NIST with a number of responsibilities to advance the safe, secure and trustworthy development and use of AI. CrowdStrike remains at the forefront of AI-native cybersecurity, pioneering breakthrough applications of AI to elevate and accelerate critical security workflows to more effectively stop breaches, save time and minimize costs. CrowdStrike’s portfolio of innovations are delivered through the AI-native CrowdStrike Falcon® XDR Platform, and include Charlotte AI, the purpose-built engine powering the company’s portfolio of generative AI capabilities across the platform. CrowdStrike’s comprehensive knowledge in the AI space will assist the AISIC to develop proven, scalable and interoperable methodologies to develop the responsible use of AI systems and the promotion of responsible AI.

Responsible Use of AI & Privacy by Design

As highlighted in CrowdStrike’s recent testimony to the U.S. House Judiciary Committee, although threat actors will continue to leverage AI with malicious intent, it’s important to recognize the significant benefits AI is driving in cybersecurity. Time and time again, these tools overperform by a wide margin over legacy technology that does not incorporate AI. However, AI that lacks privacy-by-design can introduce enterprise risk. An overarching goal of the AISIC – in conjunction with Executive Order 14110 – is to promote the development and responsible use of trustworthy AI applications to ensure that data stays private and protected.

“As a leading U.S. cybersecurity technology partner for the Federal Government, CrowdStrike has redefined modern security. The Falcon platform has set the standard in the industry for how AI can deliver the speed and scale needed to detect threats and stop breaches,” said Drew Bagley, vice president & counsel, Privacy & Cyber Policy, CrowdStrike. “Ultimately, AI is a cybersecurity enabler and can drive better protection of assets by rapidly detecting hidden threats and accelerating time to respond. But, with every groundbreaking technology, there are new opportunities and risks organizations must anticipate. As a founding member of the AISIC, we intend to help organizations and agencies embrace privacy-by-design and responsible AI technology for more comprehensive visibility into their networks to more holistically protect data against breaches.”

For additional information on CrowdStrike’s global policy work, please visit our policy page.

About CrowdStrike

CrowdStrike (Nasdaq: CRWD), a global cybersecurity leader, has redefined modern security with the world's most advanced cloud-native platform for protecting critical areas of enterprise risk – endpoints and cloud workloads, identity and data.

Powered by the CrowdStrike Security Cloud and world-class AI, the CrowdStrike Falcon® platform leverages real-time indicators of attack, threat intelligence, evolving adversary tradecraft and enriched telemetry from across the enterprise to deliver hyper-accurate detections, automated protection and remediation, elite threat hunting and prioritized observability of vulnerabilities.

Purpose-built in the cloud with a single lightweight-agent architecture, the Falcon platform delivers rapid and scalable deployment, superior protection and performance, reduced complexity and immediate time-to-value.

CrowdStrike: We stop breaches.

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© 2024 CrowdStrike, Inc. All rights reserved. CrowdStrike, the falcon logo, CrowdStrike Falcon and CrowdStrike Threat Graph are marks owned by CrowdStrike, Inc. and registered with the United States Patent and Trademark Office, and in other countries. CrowdStrike owns other trademarks and service marks, and may use the brands of third parties to identify their products and services.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240208071052/en/

Media Contact

Kirsten Speas

CrowdStrike Corporate Communications

press@crowdstrike.com

Source: CrowdStrike

FAQ

What is the ticker symbol for CrowdStrike?

The ticker symbol for CrowdStrike is CRWD.

What is the U.S. Department of Commerce’s National Institute of Standards and Technology’s (NIST) Artificial Intelligence (AI) Safety Institute Consortium (AISIC)?

The AISIC is a collaborative platform where public sector and private stakeholders work together to establish standards and techniques for the ethical implementation and development of trustworthy AI, in response to President Biden’s Executive Order on Artificial Intelligence.

What is the purpose of CrowdStrike's participation in the AISIC?

CrowdStrike's participation in the AISIC aims to contribute to the development of responsible AI systems and the promotion of privacy-by-design.

What are some benefits of AI in cybersecurity according to CrowdStrike?

According to CrowdStrike, AI in cybersecurity provides significant benefits by overperforming legacy technology in detecting and stopping threats. However, AI that lacks privacy-by-design can introduce enterprise risk.

How does CrowdStrike intend to help organizations and agencies embrace privacy-by-design and responsible AI technology?

CrowdStrike aims to assist organizations and agencies in embracing privacy-by-design and responsible AI technology for more comprehensive visibility into their networks to protect data against breaches.