Cybersecurity is one of the biggest and most urgent talent shortages in the tech industry. As attacks become more common and sophisticated, experts say there won’t be enough people to stop them. In fact, the World Economic Forum predicts that there will be 85 million open positions in the next five years.
Itai Tevet, a cybersecurity expert, knew firsthand how difficult it was to tackle the increasing number of alerts from security systems. As the head of a team in Israel’s IDF, he struggled to keep up with the sheer volume of alerts and determine which ones were real threats.
Tevet’s solution was to start a company called Intezer, which has just raised $33 million to help security teams deal with the overwhelming number of alerts. Intezer’s technology uses artificial intelligence to quickly analyze and prioritize alerts, identifying which ones are serious and which can be ignored.
The company’s AI is based on research that started with mapping the “genome” of security issues, including every possible combination of cyber threats. This technology has already helped Intezer identify threats from North Korea and Russia, among others.
Intezer’s platform is designed to work seamlessly with existing security systems, using third-party technology to analyze natural language text and identify potential security threats. The company’s technology has already caught several critical threats that human security teams missed, including a recent incident where a Chinese state actor was found to be in a major technology company’s network.
However, Intezer faces challenges in a crowded market where many security companies are competing for funding and customers. The company may need to decide whether to partner with larger companies or go it alone. For now, Intezer is focused on its mission to make cybersecurity more efficient and effective.
