“In the world of the Internet there is not yet a Wild West cop, so criminals are everywhere. So Israel has a duty to train those police chiefs.” – Prime Minister Bejanmin Nentayanhu.
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Cybersecurity incidents dominated business magazine headlines in 2018, as a host of big names in the tech industry like Marriott, British Airways, Facebook, Google and MyHeritage struggled with user data exposure problems. Such incidents cost businesses an average of $3.9 million globally, according to an IBM study of the costs associated with a Data Breach.
Tech superpower
Network security is one of the advanced and outstanding industries of Israel. Known as the second largest exporter of cybersecurity technology in the world after the United States, Israel plays an important role in this industry. Driven by defense-related and export-oriented needs, Israel’s cybersecurity solutions stand out and stand out from the competition in the market.
Thanks to its impressive start in the cybersecurity industry, Israel has become a global power in developing innovative solutions to secure our digital world. Despite accounting for only 0.1% of the global population, Israel is responsible for 5% of the global cybersecurity market share, second only to the United States and accounting for 15% of total global cybersecurity investment as of 2014, according to Startup Nation Central. In 2017, Israeli cybersecurity firms raised $815 million across 81 funding rounds.
Israel’s achievements and achievements:
Considered the home of more than 300 cybersecurity companies operating – of which more than 150 have been established since 2012 – Israel owes its industry success to a dynamic mix of military-trained cybersecurity experts, organizations and individuals. Leading academic institutions, entrepreneurial culture and network of R&D centers focused on networking run by leading multinational companies including IBM, Oracle, Cisco, Microsoft, Intel, Citibank , McAfee and Amazon.
Let’s take a look at some of the exciting names leading innovation in cybersecurity emerging from this ecosystem:
- In the field of enterprise security, Israel’s resounding success has created software technology Check Point and CyberArk, two of the top 10 cybersecurity companies in the world. Both companies are traded on the NASDAQ exchange. Founded in 1993, Check Point has developed a wide range of software and hardware products for IT security. CyberArk, founded in 1999, is also known for its solutions to protect against serious threats, including technology to combat insider threats.
- In spite of self-driving car Still rare, networked cars are ubiquitous – and with new cars hitting the 100 million mark, making sure these “computers on wheels” are safe is essential. essential for vehicle performance as well as passenger safety. Argus Cyber Security is still working to protect these vehicles against the threat of hackers with solutions that provide real-time connection protection and wireless software updates. The company also develops cybersecurity solutions for the aviation industry.
- Critical infrastructure is a high-value target for cybercriminals; Therefore, security for power plants, water reservoirs, railway systems, etc. is a top priority in the networking industry, with more and more Israeli companies specializing in these important areas. A typical example is Radiflow, which develops industrial control systems, supervisory control and data acquisition (SCADA) systems for electric utilities, oil and gas, water, etc. Another company is Cylus , founded by elite former IDF intelligence officers, Cylus is developing pioneering solutions for railroad protection, tailored to unique infrastructure and technology challenges.
As impressive as the records in the field of cybersecurity, this country does not rest on its laurels. In August 2018, the Israel Innovation Authority, the Ministry of Economy and Industry, and the National Directorate of Electronics launched a program 90 million NIS three years to launch cyber innovation through R&D grants and generous funding of pilot programs. This initiative underscores the Israeli government’s commitment to advancing game-changing solutions through collaborative partnerships with leading entrepreneurs, researchers, and cyber experts. .
As noted above, the population of Israel less than 9 million people but, but yes 8 million startups is active. Whether it’s a semiconductor component or a mother board in a computer, every field is indispensable for the brains of the people here.
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