Great accomplishment to our cyber ecosystem, Eleven Israeli startups are featured in the Rising in Cyber list, which highlights the most promising cyber companies in the U.S.
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The project was organized by the global venture capital fund Notable Capital, in cooperation with the NewYork Stock Exchange, Fenwick, and HSBC Innovation Banking.
The list includes: Gomboc.ai , Oligo Security , and Wing Security among the 10 early-stage companies; Astrix Security, Descope , and Grip Security at the mid-stage; and Cyera , Drata , Island , Orca Security , and Wiz at the growth stage.
The Rising in Cyber survey of more than 100 security leaders revealed three innovation drivers needed by security teams to adapt to a growing footprint of technologies, the rise of AI, and the evolving sophistication of cyber criminals. These themes provide a glimpse into the future buying patterns of CISOs.
1. Identity and Access Management
The rise of non-human actors and identity-centric, malware-free attacks, which accounted for 75% of incidents in 2023, highlights the urgent need for robust identity and access management (IAM) solutions.
Startups are stepping up with next-generation Identity Governance and Administration (IGA), new authentication platforms, and privileged access management tools.
2. Cloud Security
With the transition to multi-cloud architectures, traditional security tools remain inadequate for cloud environments.
Innovations in cloud detection and response, data security, automation, risk management, and AI threat detection are becoming essential.
3. Application and Code Security
The widespread use of open-source code introduces new vulnerabilities, while AI supercharges product security teams.
Startups enabling collaboration between developers and security teams are leading the way, with AI improving code remediation and testing.