Following on from myearlier post, this FT article reinforces the strong position of the cybersecurity sector in Israel with some more interesting statistics.
Israel boasts 430 cyber security companies with an average of over 60 new companies formed each year in recent years.
According to the office of the prime minister, Benjamin Netanyahu, Israeli Cybersecurity companies attract 20% of worldwide investment in the sector.
Israeli cyber security companies are being launched at an accelerating pace and increasingly by founders with no direct ties to the military, according to research released on the eve of the country’s main showcase event for the sector. IVC Research Center, which focuses on Israel’s high-tech industry, said the country had about 430 cyber security companies and 40 foreign research and development centres that have historically been able to capitalise on the country’s military prowess in cyber warfare.