In 2017, Israel founded a national center of cyber education, which now has 80 nationwide learning centers and 330 staff members. The rapid ascent of Israel’s cybersecurity can be explained in part by the country’s focus on national defense and government efforts to promote the industry. However, the inland city of Be’er Sheva is a rapidly growing presence in cybersecurity, in no small part because of a deliberate policy effort to move national cyber units there. 4 Tel Aviv is the heart of cybersecurity and the broader tech industry in Israel. Of these clusters, Israel is second in terms of venture capital funding at $4 billion and percentage of top 150 innovative cybersecurity firms (as compiled by Cybercrime Magazine) at 32%, which underscores Israel’s reputation as a “start-up” nation. 3 In the context of cybersecurity or other fields that rely heavily on innovation, the formation of clusters can have a decisively positive effect.
The term cluster refers to a “concentrated density of firms within a geographic region” which typically enjoy the benefits of high concentrations of human capital, shared knowledge, and institutional support. Globally, three geographical regions stand out as the largest clusters of cybersecurity innovation when taking into account factors such as venture capital funding, number of leading firms, human capital, and knowledge spillover effects: the San Francisco Bay Area, Greater Washington D.C., and Israel.
Pinpointing the Israeli Cybersecurity Cluster The growing awareness of the need for cooperation and investment in the field of cybersecurity should create opportunities for leading Israeli firms. While potentially long-term trends, like the rise of cloud-computing, are acting as tailwinds for cybersecurity, events in 2022 are putting geopolitical risk as a top of mind concern for governments and businesses alike.1 Roughly a third of the unicorns in cybersecurity around the world were based in Israel in 2021. Increasing vulnerabilities during the pandemic helped boost funding for Israeli cybersecurity startups to a historic high of $8.8 billion in 2021.The growth of the industry has made Israel into one of the largest centers of cybersecurity innovation in the world. Israeli firms have a crucial position in the global cybersecurity ecosystem.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. Russia’s invasion of Ukraine is the latest example of the growing importance of cybersecurity and its intrinsic relationship with geopolitics.
Cyber espionage threats from israel series#
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. 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. Israel is at the center of the global cybersecurity ecosystem.
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