The Rise of CyberAI
Key takeaways
163%
Growth in US VC investment in AI between 2018 and 2023
While companies remain eager to adopt solutions produced by new GenAI startups, cybersecurity concerns could slow their pace.
29%
Increase in cash runway for AI companies between 2021 and 2023
In contrast to other sectors, a favorable investment environment has increased runway among AI companies.
74%
Of CISOs have already changed their cybersecurity stack
Most CISOs have adjusted their approach to cybersecurity in the 18 months since ChatGPT’s release.
CISOs respond to the spread of Generative AI tools
Just 18 months after the release of ChatGPT, a majority of CISOs have already adjusted their cybersecurity posture. Among the 26% of CISOs who have not made adjustments to date, almost all have a plan to add new cybersecurity tools within the next three years.
GenAI introduces a variety of new cybersecurity risks. With CISOs expecting a 13% increase of cybersecurity budgets on average, there is an opportunity for CyberAI startups to address these risks through innovative solutions
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