Funding Secured by Fable Security for Development of Human Risk Management Platform: $31 Million Obtained
Fable Security, a groundbreaking human risk management platform, is making waves in the cybersecurity industry by addressing the vulnerability of the human layer in security, a critical issue in the era of AI-driven scams. Launched with $31 million in funding from Greylock Partners and Redpoint Ventures, Fable uses AI, behavioral science, and cybersecurity to actively reduce risky employee behaviors that lead to security breaches [1][2].
At the heart of Fable's innovation is the Human Behavior Index, a proprietary framework that identifies specific risky behaviors such as poor security hygiene, data exposure, social engineering susceptibility, and policy non-compliance [1][2]. This data is used to deploy highly targeted AI-generated interventions—in the form of personalized video briefings, nudges, two-way chats, and automated workflows—to employees, delivered instantly through their everyday communication channels such as Slack or email and timed to moments of heightened risk [1][2].
By being context-aware and role-specific, Fable's interventions drive measurable changes in security behavior, helping organizations build lasting resilience against increasingly sophisticated AI-enabled threats [1][2]. This approach contrasts with conventional training, which often fails to reduce or even inadvertently increases phishing risk. Leading enterprises like Genesys and the Democratic National Committee use Fable for real-time behavioral risk mitigation and improved security culture [1][3].
One client expressed their satisfaction, stating, "We chose Fable because its personalized approach to security awareness led to more effective and faster employee behavior change." [1]
Saam Motamedi, General Partner at Greylock Partners, believes Fable is the first company to throw out the playbook of an ineffective security awareness training category and is building what modern security teams need: visibility into human risk, tools to change behavior, and AI that moves at the speed of attackers [1].
Fable Security aims to mitigate human risk amid rising AI-driven scams, such as a 60% increase in phishing and a 442% increase in vishing attacks [1]. Saam Motamedi praises Fable for building what modern security teams truly need: visibility into human risk, tools to change behavior, and AI that moves at the speed of attackers [1].
The platform's effectiveness is evident in its results. Fable has reduced PII exposures by 60% for its clients and has reduced phishing clicks by over 85% [1]. Cyrus Tibbs, CISO at Pennymac, observed a 13x faster behavior change during an A/B test after deploying a personalized Fable intervention versus a generic briefing [1].
Founded by Nicole Jiang and Dr. Sanny Liao of Abnormal AI, Fable Security is led by a team with a distinguished track record of building innovative behavioral AI security products. Erica Brescia, Managing Director at Redpoint Ventures, acknowledges Fable's founders for their work, stating, "Fable's founders, Nicole Jiang and Dr. Sanny Liao, have a distinguished track record of building innovative behavioral AI security products and are redefining the human risk management market at Fable Security" [2].
In summary, Fable Security is a game-changer in the human risk management field. By combining AI-driven behavior analysis with context-sensitive, real-time interventions, Fable is shaping employee behavior where and when it matters most, resulting in stronger security hygiene and reduced susceptibility to social engineering [1][2][3].
[1] - TechCrunch [2] - VentureBeat [3] - SecurityWeek
- Fable Security, equipped with AI, behavioral science, and cybersecurity, is pioneering a new approach in the finance sector by not only investing in technology but also targeting the human layer in security, particularly reducing employee behaviors that foster security breaches.
- Saam Motamedi, General Partner at Greylock Partners, commends Fable Security for its innovative strategy in the field of finance and cybersecurity, as it provides organizations with visibility into human risk, tools to change behavior, and AI that moves at the same speed as attackers, thereby mitigating the risks associated with AI-driven scams such as phishing and vishing attacks.
