Prime Minister Naftali Bennett

Half of global cyber defense investment has been in Israel, Bennet says

Speaking to the World Economic Forum, PM says Israel has massively invested in cyber defense technologies as cyberattacks become more frequent with people increasingly moving to work remotely

Reuters |
Published: 01.19.22, 14:32
Around half of global cyber defense investment in recent years has been in Israel, Prime Minister Naftali Bennett said on Tuesday.
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  • Speaking via video link to the World Economic Forum in Davos, Switzerland, Bennett said that as more work is done remotely, companies will be increasingly vulnerable to cyberattacks.
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    נפתלי בנט
    נפתלי בנט
    Prime Minister Naftali Bennett
    (Photo: Noam Rivkin Fenton)
    “This means we need good cyber defense and Israel has massively invested in cyber defense 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 defense. I see a bunch of opportunities and we intend to seize them.”
    The high-tech entrepreneur-turned-politician has long touted Israel's booming high-tech sector and advocated for the implementation of Israeli technological solutions to global problems.
    Speaking at the 2021 United Nations Climate Change Conference (COP26) in Glasgow, Scotland, Bennett said that Israel was "at the beginning of a revolution on climate change," asking to leverage Israeli innovation to tackle the issue.
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    מתקפת סייבר
    מתקפת סייבר
    (Photo: Getty Images)
    He noted that although Israel is a small country that has a minute carbon footprint in global terms, it can still make great impact on climate through its innovative technologies.
    “We need to contribute Israel’s most valuable source of energy: the energy and brainpower of our people. This is what feeds our innovation and ingenuity, this is where Israel can make a real difference,” he said.
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