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

  • Cost: Reactive vs. Proactive Security

    Security breaches often happen despite the availability of tools to prevent them. To combat this problem, the industry is shifting from reactive correction to proactive protection. This article will examine why so many security leaders have realized they must “lead before the breach” – not after. Read Now

  • Achieving Clear Audio

    In today’s ever-changing world of security and risk management, effective communication via an intercom and door entry communication system is a critical communication tool to keep a facility’s staff, visitors and vendors safe. Read Now

  • Beyond Apps: Access Control for Today’s Residents

    The modern resident lives in an app-saturated world. From banking to grocery delivery, fitness tracking to ridesharing, nearly every service demands another download. But when it comes to accessing the place you live, most people do not want to clutter their phone with yet another app, especially if its only purpose is to open a door. Read Now

  • Survey: 48 Percent of Worshippers Feel Less Safe Attending In-Person Services

    Almost half (48%) of those who attend religious services say they feel less safe attending in-person due to rising acts of violence at places of worship. In fact, 39% report these safety concerns have led them to change how often they attend in-person services, according to new research from Verkada conducted online by The Harris Poll among 1,123 U.S. adults who attend a religious service or event at least once a month. Read Now

  • AI Used as Part of Sophisticated Espionage Campaign

    A cybersecurity inflection point has been reached in which AI models has become genuinely useful in cybersecurity operation. But to no surprise, they can used for both good works and ill will. Systemic evaluations show cyber capabilities double in six months, and they have been tracking real-world cyberattacks showing how malicious actors were using AI capabilities. These capabilities were predicted and are expected to evolve, but what stood out for researchers was how quickly they have done so, at scale. Read Now

Most   Popular

New Products

  • A8V MIND

    A8V MIND

    Hexagon’s Geosystems presents a portable version of its Accur8vision detection system. A rugged all-in-one solution, the A8V MIND (Mobile Intrusion Detection) is designed to provide flexible protection of critical outdoor infrastructure and objects. Hexagon’s Accur8vision is a volumetric detection system that employs LiDAR technology to safeguard entire areas. Whenever it detects movement in a specified zone, it automatically differentiates a threat from a nonthreat, and immediately notifies security staff if necessary. Person detection is carried out within a radius of 80 meters from this device. Connected remotely via a portable computer device, it enables remote surveillance and does not depend on security staff patrolling the area.

  • 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.”

  • Camden CM-221 Series Switches

    Camden CM-221 Series Switches

    Camden Door Controls is pleased to announce that, in response to soaring customer demand, it has expanded its range of ValueWave™ no-touch switches to include a narrow (slimline) version with manual override. This override button is designed to provide additional assurance that the request to exit switch will open a door, even if the no-touch sensor fails to operate. This new slimline switch also features a heavy gauge stainless steel faceplate, a red/green illuminated light ring, and is IP65 rated, making it ideal for indoor or outdoor use as part of an automatic door or access control system. ValueWave™ no-touch switches are designed for easy installation and trouble-free service in high traffic applications. In addition to this narrow version, the CM-221 & CM-222 Series switches are available in a range of other models with single and double gang heavy-gauge stainless steel faceplates and include illuminated light rings.