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The Financial Express

Half of global cyber defence investment made in Israel

| Updated: January 20, 2022 18:32:02


Israeli Prime Minister Naftali Bennett speaking during a press conference at the Prime Minister's Office in Jerusalem on January 2 this year –Reuters file phto Israeli Prime Minister Naftali Bennett speaking during a press conference at the Prime Minister's Office in Jerusalem on January 2 this year –Reuters file phto

Around half of the global cyber defence investment in the past few years has been in Israel, Prime Minister Naftali Bennett said on Tuesday.

Speaking by video to the World Economic Forum in Davos, Bennett said that as more work is done remotely, companies will be increasingly vulnerable to cyber-attacks, reports Reuters.

"This means we need good cyber defence and Israel has massively invested in cyber defence technologies," Bennett said.

"I believe roughly half or almost half of the global investments in cyber companies over the past few years has been in Israel. So Israel has become a powerhouse in cyber defence. I see a bunch of opportunities and we intend to seize them." 

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