The Straits Times: Israel, with a population of only 8.6 million people, is the world’s second-largest exporter of cyber-security products and services – second only to the United States.
Enviably, Israel’s cyber-security exports are reportedly worth US$6 billion (S$8.5 billion) a year. It turns out that military experience is key to the small nation’s progress in the digital space.
And now, Singapore is following in its footsteps in the hopes of securing the Republic’s own digital future.
Israel’s headway today was seeded decades ago. An early success was found in Check Point Software Technologies, established in 1993. It is no coincidence that the company’s three co-founders were in the Israeli army’s elite intelligence unit before starting the company.
The two founders of another Israeli cyber-security firm, CyberArk, also had military intelligence experience before founding the company in 1999.
Both Check Point and CyberArk are among the world’s top 20 hottest and most innovative security firms, according to the most recent CyberSecurity 500 list compiled every three months by United States-based market research firm Cybersecurity Ventures.
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