WhatFinger

Israel - a cybersecurity powerhouse


According to the June 15, 2017 Wall Street Journal, six Israeli startups (three in the cybersecurity sector) are among the top 25 tech companies, which may be the global leaders of tomorrow. According to Forbes Magazine, Israel has become a cybersecurity powerhouse, creating more than 300 cybersecurity startups, exporting in 2016 $6.5BN in cybersecurity products, convincing more than 30 multinationals to establish local research & development centers in Israel and attracting foreign investors. According to Forbes, there are six reasons leading to Israel's prominence in the world of cybersecurity: the close government-military-business-academia interaction; government support of early-stage cybersecurity startups; Israel's military as a startup incubator and accelerator, combining research and operation; investing in human capital (e.g., cybersecurity is an elective high school matriculation exam, and operating six university cybersecurity research centers); Israel's overall inter-disciplined and diverse human factor enhanced through military service and interaction with global giants; Israel's constant need to defy security and commercial odds.
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