Dreamit SecureTech and SOSA are teaming up to host a night of networking, learning, and startup demos with founders and venture investors from the New York cybersecurity community. We’re looking for 10 pre-”Series A” startups to pitch their products to investors at the event.
Ever since we started CYR3CON, we are continually surprised at the hype cycle surrounding the application of machine learning. Many marketers opportunistically see it as another angle to entice buyers — and in talking to CSO’s — their frustration with the hype, equivocation, and machine learning marketing charlatans is palpable.
Dreamit SecureTech startup CYR3CON, which helps companies predict and prevent cyber attacks using artificial intelligence, announced a $1.5 million seed round led by Scout Ventures, with participation from Michael Sutton (former CISO, Zscaler), Aleksandr Yampolskiy (CEO, SecurityScorecard), Steven Witt (former CEO, Onyara and Partner/Co-Founder of DataTribe), and Steve Hassell, (former CIO, Emerson).
Earlier this month, our team at Dreamit kicked off our Fall 2018 SecureTech cohort, the inaugural group of security-focused startups in our new program led by Bob Stasio. After evaluating hundreds of potential startups for entry into the program, several trends emerged that point to how security technology will evolve in the coming years. We wanted to share some of those insights with you.
While there’s no doubt that technology has made real estate transactions faster, more streamlined and more user-friendly for today’s real estate buyers, sellers and professionals, it has also made these same audiences more vulnerable to cybercriminals who are looking to cash-in. Earlier this year, the FBI reported that nearly $1 billion had been stolen from buyers in real estate transactions in 2017 and a 480 percent increase in inbound complaints—establishing the real estate industry as one of the fastest-growing targets for cyber attacks.
Today we announced the launch of Dreamit SecureTech and our plans to invest in and accelerate game-changing securetech startups. Dreamit SecureTech has three focus areas: Logical will focus on hardware and software-based cybersecurity products; Physical will focus on mitigating threats to people and property; and Social will focus on the dimension of human communication such as fraud, social media/fake news, and information warfare.