Why NYC is investing millions in 5 cybersecurity programs - TechRepublic

New York City aims to become the mecca of cybersecurity innovation through Cyber NYC, a $30 million investment initiative focused on five key technology programs, the New York City Economic Development Corporation (NYCEDC) announced on Tuesday. Cyber NYC will create new talent pipelines and spark research and commercialization of security technologies, according to the Tuesday press release.

With cyberattacks taking place every 40 seconds around the world, and NYC being home to the most targeted industries—healthcare, retail, finance, tech, media—there is both a want and need for cybersecurity to flourish in the city, said the release.

 The big takeaways for tech leaders:

  • The New York City Economic Development Corporation (NYCEDC) is launching Cyber NYC, an initiative to expand the cybersecurity sector, fostering security talent and innovation.

  • Through five tech programs—Global Cyber Center, Hub.NYC, Applied Learning Initiative, CUNY and Facebook Master's Degree, and Cyber Boot Camp—Cyber NYC will create the next generation of cybersecurity professionals and companies.

Continue reading on TechRepublic…

You might also like: