Twine’s CEO on YL Ventures’ State of the Cyber Nation Report
Key takeaways
- Benny Porat contributed perspectives to YL Ventures’ State of the Cyber Nation 2024 report.
- IAM is emerging as a critical area of cybersecurity, with identity becoming a primary attack vector.
- Entrepreneurs expect AI to streamline processes and eliminate inefficient security tasks by 2025.
- The exponential growth of non-human identities across enterprise and cloud ecosystems demands AI-driven solutions.
- IAM funding surged in 2024 to 16 rounds, up from 9 in 2023.
Benny Porat, Co-Founder and CEO of Twine Security, contributed perspectives to YL Ventures’ State of the Cyber Nation 2024 report, which examines critical shifts in Israel’s cybersecurity landscape, with particular focus on how artificial intelligence is reshaping the industry.
The report highlights that Identity and Access Management (IAM) is emerging as a critical area in cybersecurity, with identity becoming a primary attack vector. Industry entrepreneurs view AI as transformative, with expectations that by 2025 it will streamline processes and eliminate inefficient security tasks. The exponential growth of non-human identities across enterprise and cloud ecosystems presents emerging challenges requiring AI-driven solutions.
See it in action.
IAM funding activity surged significantly in 2024, attracting 16 funding rounds compared to 9 in 2023, reflecting the sector’s growing importance in addressing evolving security threats.
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