Israel is known globally for its strong cyber security. A majority of cyber security events often take place in Tel Aviv, Israel. These events are usually attended by cyber security personnel from all over the world. Sometimes, the Israeli Prime Minister Benjamin Netanyahu attends the annual cyber security conferences.
During such tech meetings, cyber security experts present various computer applications which facilitate the improvement of the security of the cyberspace, a majority of which are developed by Israeli based cyber tech companies. These companies carry out research to come up with new solutions of protecting computer networks and other devices connected to the worldwide web, including the security of the cryptocurrency and trade carried out through the block chain platform. These Israeli companies have one agenda, to ensure a safe online environment for use by all individuals connected to the internet.
A majority of investors get increasingly interested in Israeli based cyber security companies, which has led to an increase in the funding provided to such startups recorded yearly. The firms focusing on securing internet of things systems attracted higher investments from investors all over the world.
The success of the Israeli cyber tech companies can be attributed to the experience accrued by the founders, which is also contributed by the training they acquire while serving in the Israeli Defense Forces (IDF). The IDF often equips its trainees with top-notch skills through its technology units, with a majority of its graduates starting cyber security companies which turn out to be highly successful.
Some companies form mergers in a bid to strengthen the Israeli cyber market, for example, the Checkpoint-Dome9 and CyberArk-Vaultive, which are both Israeli native cyber companies.
Overall, the Israeli cyber security market has key players which venture in finding solutions to a diversified variety of problems facing the cyber space.
Factors that contributed to Israeli’s Success in Cyber security
- The government as coordinator: The government, led by Prime Minister Benjamin Netanyahu, has given cyber security a top priority by funding research for innovative solutions to the problems facing the cyber space.
- The Military acting as a training ground for cyber security specialists: The Israeli Defense Forces’ Elite Unit 8200 trains its members on cyber defense using the state of the art computer technology. In this way, the government invests in its people by training them on the essestial skills of keeping their country safe from cyber attacks.
- Diversification of Cyber Security Solutions: The Israeli cyber tech companies troubleshoot solutions to cyber security problems by viewing them at different perspectives and exhausting all possibilities hence coming up with all-inclusive solutions that help minimize the occurrence of similar data breaches in the future.
Kortana Cybersecurity Blog 