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(Reuters) Tova Cohen - Israeli firms have attracted growing foreign investment over the past two years to develop cutting-edge tools for detecting and preventing cyberattacks. Gadi Tirosh, of Jerusalem Venture Partners, noted a move away from perimeter defenses such as firewalls to focus on detecting and preventing attacks before they can reach inside organizations. IBM, Cisco Systems and EMC have all snapped up Israeli firms and set up research and development centers there. Many firms focus on emerging threats to mobile phone users and the need to secure the dizzying array of interconnected devices. Isaac Ben-Israel, the country's former top military scientist and now head of Tel Aviv University's cyber research center, said Israel's goal is to become one of the five leading cyber powers and already ranks among the top three in terms of cyber readiness, along with Finland and Sweden. "In a normal day we have 100,000 to 200,000 attacks per day. In times of emergency...this goes up to 2 million a day. This drives us to develop protection technology," he said. 2014-09-24 00:00:00Full Article
Israel Turns Self-Defense into Industry Boom for Cyber Techs
(Reuters) Tova Cohen - Israeli firms have attracted growing foreign investment over the past two years to develop cutting-edge tools for detecting and preventing cyberattacks. Gadi Tirosh, of Jerusalem Venture Partners, noted a move away from perimeter defenses such as firewalls to focus on detecting and preventing attacks before they can reach inside organizations. IBM, Cisco Systems and EMC have all snapped up Israeli firms and set up research and development centers there. Many firms focus on emerging threats to mobile phone users and the need to secure the dizzying array of interconnected devices. Isaac Ben-Israel, the country's former top military scientist and now head of Tel Aviv University's cyber research center, said Israel's goal is to become one of the five leading cyber powers and already ranks among the top three in terms of cyber readiness, along with Finland and Sweden. "In a normal day we have 100,000 to 200,000 attacks per day. In times of emergency...this goes up to 2 million a day. This drives us to develop protection technology," he said. 2014-09-24 00:00:00Full Article
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