Business Hilights

Tracking Nigeria's Headline Business News Online

CyberSecurity
Energy

Netanyahu moves to deepen Cybersecurity export to US, UK

Chevron
Advertisements
Ad 2
Advertisements
Ad 3
Advertisements

Globally, Israel remains the world leaders in exporting digital security technologies to every part of the world controlling over 15 per cent market share in 2016. The statistics from Start-Up Nation Central, a group that promotes Israeli startups in cyber security sub sector shows that the country is ready to grow export this year.

But to prepare the mega international market for the product in a world fiddled by incessant cyber attacks, Benjamin Netanyahu, Israeli Prime Minister had made discussion on the matter top of his agenda for Trump, and UK Prime Minister, May in upcoming meetings.

Netanyahu had during at a cyber forum in Tel Aviv, noted that strengthening cybersecurity ties is now a global agenda as “What you see today is going to get a lot worse in the future if we don’t band together.”

“That’s why I intend to raise the subject and discuss the subject of cooperation in cybersecurity in my upcoming visit in Washington with President Trump.”

The Israeli Prime Minister will be with Trump at the White House come February 15.

He had met with U.K. Prime Minister Theresa May yesterday in London.

Analysts say as attacks proliferate with ever more serious implications, so does cross-national collaboration among cybersecurity teams. Last year, a global manhunt involving Interpol and the FBI was launched to help solve the $81 million cyberheist from Bangladesh’s central bank. Israel’s own work with U.S. federal agents led to the October 2015 imprisonment of an Israeli man suspected of hacking computers of international singers, including Madonna.

Cybersecurity became a central issue in the U.S. even before Trump was sworn in as president, after intelligence authorities assessed that Russia sought to influence the elections that brought him to office by hacking Democratic Party computers and leaking e-mails. Israel, targeted in part by opponents of its occupation of land claimed by Palestinians, has drawn on expertise and experience gleaned from the country’s elite military intelligence forces.

Cyber attacks, Wood said, seem to be “the threat du jour.”

“It is only going to get worse and we have to try and get ahead of the curve,” said Wood, a former unit chief of the FBI’s Eurasia cyber division. “In the realm of terrorism we are struggling to keep up and the same is true of cyber.”

Rudy Giuliani, appointed by Trump to head a committee on cybersecurity, visited Israel last week to talk cyber defense. He told Netanyahu the U.S. hopes to collaborate with Israeli experts on government and civilian cybersecurity, the prime minister said on his Facebook page last month.

LEAVE A RESPONSE

Business Hilights is an online news channel conceptualized and structured to report and track on a daily basis; latest developments in critical business sectors to serve as a one stop news gateway for governments, foreign and indigenous investors.