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Israel is at the center of the global cybersecurity ecosystem. Spurred by record funding in 2021, we view Israeli cybersecurity as well-positioned to be a solution that companies and government agencies around the world turn to for support. A series of high-profile attacks has brought cybersecurity to the forefront of the world’s attention in recent years, and the trend is not expected to abate in 2022. Russia’s invasion of Ukraine is the latest example of the growing importance of cybersecurity and its intrinsic relationship with geopolitics. In this piece, we examine Israel’s presence in the industry and three firms in the country adapting to the rising threat of malicious cyber activity.
Key Takeaways
- Israeli firms have a crucial position in the global cybersecurity ecosystem. The growth of the industry has made Israel into one of the largest centers of cybersecurity innovation in the world.
- Increasing vulnerabilities during the pandemic helped boost funding for Israeli cybersecurity startups to a historic high of $8.8 billion in 2021.1 Roughly a third of the unicorns in cybersecurity around the world were based in Israel in 2021.2
- While…
