New York cybersecurity fund shows importance of investing in people rather than technology
It seems rather appropriate that the constant surveillance against cyber attack is being championed by the city that never sleeps.
The NYCEDC (New York City Economic Development Corporation) aims to place the city as the leader in security with the Cyber NYC initiative - and up to $100 million in investment. $30m will come from the city, alongside up to an additional $70m from private funding, to put together a series of initiatives.
Jerusalem Venture Partners (JVP) has been appointed to establish the...