Most people who think about leading global players in online
security concerns think big: the United States, China, and Russia.
Quietly, though, Israel has emerged as a world leader in this area.
Known as "Start-up Nation" since the release of Dan Senor
and Saul Singer's 2009 book of the same title, Israel has
created a culture of technological development and growth. It
promotes learning and understanding in
technology, both culturally and through its recruitment of top
minds in service to the Israel Defense Forces (IDF), resulting in a
country continually pushing the technological curve forward.
Service and Training
Israel requires that all citizens over the age of 18 enlist in
the IDF. The compulsory service requirement opens a large pool of
candidates for high-level training. From this group, Israel's
8200 intelligence unit has the opportunity to choose the best among
them to train and serve in cyber intelligence. In turn, many of the
best of these develop into the online security leaders for the
government and private companies.
Invention From Necessity
Israel's focus on cyber security is no accident. Uniquely
situated among nations often hostile to its interests, Israel must
remain vigilant against the threat of attacks from military
operations and computer operations. Its culture of innovation led
to its myriad start-up successes, but the IDF focus comes from a
nationwide focus on security, a focus that has led inexorably to
the current mantle of the cyber security nation.
Several successful, high-profile intrusion events concerning
various corporate and government networks clearly illustrate the
burgeoning market for cyber security solutions. According to a
recent January 2016 article on the leading Israeli business site,
Globes, there were over 430 cyber security oriented enterprises,
with 19 post IPO. The oldest Israeli cyber security company is
Check Point Software Technologies (Nasdaq: CHKP), who (again
according to Globes) has a market cap of over 15 billion. Since
1993, Check Point Software Technologies Ltd. has expanded to the
degree that they operate in hundreds of countries with technology
partners such as IBM, Microsoft and others. Check Point is not the
only cyber security company that has seen growth, as all the other
companies, including Cyber Ark Software Inc. (Nasdaq:CYBR) have
also experienced considerable growth.
Israel's national focus has led to a surge in online
security development and expertise. The world continues to require
more focus in these areas, and Israel is leading the way.
Originally published March 27, 2016
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
To print this article, all you need is to be registered on Mondaq.com.
Click to Login as an existing user or Register so you can print this article.
The British High Commission in Mauritius organised Wednesday 25 January 2017, jointly with the Financial Services Promotion Agency and the Board of Investment, the first ever UK-Mauritius fintech conference.
Proskauer litigation associate Courtney Bowman and Jonathan Reardon, head of the Al Khobar, Saudi Arabia office of the Middle East-based firm Al Tamini & Co., recently co-authored an article published by Bloomberg about Saudi Arabia's draft cloud computing regulations...
Technology has continued to evolve and transform seemingly all orthodox and traditional processes at an alarming pace.
Some comments from our readers… “The articles are extremely timely and highly applicable” “I often find critical information not available elsewhere” “As in-house counsel, Mondaq’s service is of great value”
Register for Access and our Free Biweekly Alert for
This service is completely free. Access 250,000 archived articles from 100+ countries and get a personalised email twice a week covering developments (and yes, our lawyers like to think you’ve read our Disclaimer).