Cyber security is a key investment theme here and around the world.
Not only is this important for governments to protect national infrastructure — such as the most recent census — but it has also become very important for companies and individuals, and thus companies selling their cybersecurity wares have grown exponentially since 2010.
Besides the US, Israel has emerged to be one of the key players:
• Israel alone represents 10 per cent of the world’s exports for cyber protection.
• Israeli companies exported some $US6 billion in cyber-related products and services last year, up from $US3bn in 2013. According to Israel’s National Cyber Bureau, that constitutes about 10 per cent of the estimated $US60bn global cyber market.
• Multinational players IBM, Cisco, EMC, Lockheed Martin and Deutsche Telekom have all set up cyber R&D facilities in CyberSpark, Israel’s new cybersecurity technology park in Beersheva.
• In turn, many of these Israeli cyber companies have established representative offices in Australia facing our major banks, telcos, miners and multinational conglomerates. For the full article click here
from cyber security caucus http://ift.tt/2cLrqtq
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