New York & AI Industry / WSJ report

New York City-based generative AI companies raised $2.7 billion since the start of 2021, according to PitchBook Data. So far this year, investors have put $200 million through 27 deals into generative AI startups in New York City, compared with $400 million through 35 deals in the category in San Francisco, the data provider said.

Cybersecurity

2023 has seen its fair share of cyber attacks, however there's one attack vector that proves to be more prominent than others - non-human access. With 11 high-profile attacks in 13 months and an ever-growing ungoverned attack surface, non-human identities are the new perimeter, and 2023 is only the beginning.

People always look for the easiest way to get what they want, and this goes for cybercrime as well. Threat actors look for the path of least resistance, and it seems that in 2023 this path was non-user access credentials (API keys, tokens, service accounts and secrets).

CyberArk’s acquisition run got the media attention this week . CEO Matt Cohen told CNBC that machine identity is the new frontier in cybersecurity.  

It’s not the only Israeli player in this field. Oasis Security has developed a veritable Iron Dome of Non Human Identity Management. It has raised $75 m in funding and is poised for major growth.