CYE raises $120 million for security that uses hackers and AI

February 10, 2021

CYE raises $120 million for security that uses hackers and AI

The soaring number of cyberattacks in recent years has propelled a massive expansion of potential solutions as startups and incumbent security providers jostle to address the market opportunity. But Tel Aviv-based CYE believes it has developed a way to cut through that clutter with a solution that uses artificial intelligence to probe for technical weaknesses and human hackers to test a company’s overall security resilience.

That allows the company to launch a combination of simulated attacks by virtual avatars that are complemented by efforts from its ethical hackers to provide a more thorough risk assessment.

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