NYC Invests $30 Million in Cybersecurity

The New York City Economic Development Corporation is launching Cyber NYC.

  • By Sydny Shepard
  • Oct 08, 2018

New York City is looking to be the leader in cybersecurity innovation. The city has invested $30 million into Cyber NYC, an initiative focused on five key technology programs, the New York City Economic Development Corporation announced on Tuesday. Cyber NYC will "create new talent pipelines and spark research and commercialization of security technologies, according to a press release.

NYC is home to most of the targeted industries — healthcare, retail, finance, tech, media — there is both a want and a need for cybersecurity to flourish in the city, said the release.

"New York City needs to be ambitious about cybersecurity because the future depends on it," said NYEDC president and CEO James Patchett in the release. "Cyber NYC will fuel the next generation of cybersecurity innovation and talent, leveraging one of the world's greatest threats to create a major economic anchor and up to 10,000 quality middle-class jobs."

The five programs NYCEDC is investing in are:

Global Cyber Center. In partnership with SOSA, NYC will launch a 15,000 square foot co-working space in Chelsea. The facility will foster international collaboration and innovation, and will host industry-specific events, as well as virtual testing areas to run simulations, said the release.

Hub.NYC. NYCEDC and Jerusalem Venture partners will develop New York's first international cybersecurity investment hub, said the release. A 50,000 square foot building in SoHo, Hub.NYC will breed and develop major cybersecurity organizations, added the release.

Applied Learning Initiative. In an effort to create the next generation of cybersecurity experts, NYCEDC picked CUNY, NYU, Columbia, Cornell Tech, and iQ4 to host new cybersecurity certifications and programs for college students, said the release.

CUNY and Facebook Master's Degree. Additionally, within the Applied Learning Initiative, a one-year CUNY Master's program will be hosted on edX.org, a global learning platform online. CUNY is collaborating with Facebook on the program, said the release.

Cyber Boot Camp Partnering with Fullstack Academy and LaGuardia Community College, NYCEDC will conduct a boot camp for industry-specific cybersecurity practices. Students will learn basic industry terms and software at the college, and then attend the boot camp, which will place more than 1,000 students in jobs over three years in the program, said the release.

About the Author

Sydny Shepard is the Executive Editor of Campus Security & Life Safety.

Featured

  • Integration Imagination: The Future of Connected Operations

    Security teams that collaborate cross-functionally and apply imagination and creativity to envision and design their ideal integrated ecosystem will have the biggest upside to corporate security and operational benefits. Read Now

  • Smarter Access Starts with Flexibility

    Today’s workplaces are undergoing a rapid evolution, driven by hybrid work models, emerging smart technologies, and flexible work schedules. To keep pace with growing workplace demands, buildings are becoming more dynamic – capable of adapting to how people move, work, and interact in real-time. Read Now

  • Trends Keeping an Eye on Business Decisions

    Today, AI continues to transform the way data is used to make important business decisions. AI and the cloud together are redefining how video surveillance systems are being used to simulate human intelligence by combining data analysis, prediction, and process automation with minimal human intervention. Many organizations are upgrading their surveillance systems to reap the benefits of technologies like AI and cloud applications. Read Now

  • The Future is Happening Outside the Cloud

    For years, the cloud has captivated the physical security industry. And for good reason. Remote access, elastic scalability and simplified maintenance reshaped how we think about deploying and managing systems. But as the number of cameras grows and resolutions push from HD to 4K and beyond, the cloud’s limits are becoming unavoidable. Bandwidth bottlenecks. Latency lags. Rising storage costs. These are not abstract concerns. Read Now

  • Right-Wing Activist Charlie Kirk Dies After Utah Valley University Shooting

    Charlie Kirk, a popular conservative activist and founder of Turning Point USA, died Wednesday after being shot during an on-campus event at Utah Valley University in Orem, Utah Read Now

Most   Popular

New Products

  • Luma x20

    Luma x20

    Snap One has announced its popular Luma x20 family of surveillance products now offers even greater security and privacy for home and business owners across the globe by giving them full control over integrators’ system access to view live and recorded video. According to Snap One Product Manager Derek Webb, the new “customer handoff” feature provides enhanced user control after initial installation, allowing the owners to have total privacy while also making it easy to reinstate integrator access when maintenance or assistance is required. This new feature is now available to all Luma x20 users globally. “The Luma x20 family of surveillance solutions provides excellent image and audio capture, and with the new customer handoff feature, it now offers absolute privacy for camera feeds and recordings,” Webb said. “With notifications and integrator access controlled through the powerful OvrC remote system management platform, it’s easy for integrators to give their clients full control of their footage and then to get temporary access from the client for any troubleshooting needs.”

  • Connect ONE’s powerful cloud-hosted management platform provides the means to tailor lockdowns and emergency mass notifications throughout a facility – while simultaneously alerting occupants to hazards or next steps, like evacuation.

    Connect ONE®

    Connect ONE’s powerful cloud-hosted management platform provides the means to tailor lockdowns and emergency mass notifications throughout a facility – while simultaneously alerting occupants to hazards or next steps, like evacuation.

  • PE80 Series

    PE80 Series by SARGENT / ED4000/PED5000 Series by Corbin Russwin

    ASSA ABLOY, a global leader in access solutions, has announced the launch of two next generation exit devices from long-standing leaders in the premium exit device market: the PE80 Series by SARGENT and the PED4000/PED5000 Series by Corbin Russwin. These new exit devices boast industry-first features that are specifically designed to provide enhanced safety, security and convenience, setting new standards for exit solutions. The SARGENT PE80 and Corbin Russwin PED4000/PED5000 Series exit devices are engineered to meet the ever-evolving needs of modern buildings. Featuring the high strength, security and durability that ASSA ABLOY is known for, the new exit devices deliver several innovative, industry-first features in addition to elegant design finishes for every opening.