Israeli firms get top honors at premier cyber-security show

Published on Tuesday, 25 February 2014 by Webmaster

Israeli firms get top honors at premier cyber-security show
Israeli cyber-security companies walked away with eleven awards Monday night at the RSA Security Conference, being held this week in San Francisco. Israeli companies won awards in categories such as “Awesome Product of the Year,” “Products and Services Excellence,” “Database Security,” and “Tomorrow’s Technology Today,” among others.

RSA (named for the Israel-based security company that was bought by EMC in 2006), which has been held annually since 1991, brings together top security and cyber-defense professionals to discuss, among other things, the previous year's cyber-news — who got hacked and why, and how to avoid future attacks. Dozens of companies from around the world present their cyber-technology, with executives from top multi-nationals checking out the technology for application security, network hardening, mobile security, cloud and data security, trends in the hacking world, and much more.

The awards were distributed as part of RSA's Global Excellence Awards, which have been given out since 2004. The Conference opened Monday and continues through Thursday, Feb. 27.

In recent speeches, Israeli political and business leaders have been touting Israel as a cyber-security powerhouse. At the recent Cybertech 2014 event in Israel, Prime Minister Benjamin Netanyahu said that Israel was "exploding with creativity. We're like a country that would have about half a billion people in terms of our cyber capabilities."

But it's not just hype. According to Dr. Eviatar Matania, head of Israel's National Cyber Bureau, Israel's cyber-security exports in 2013 totaled about $3 billion – 5% of the global market and three times greater than Britain's. And to top it off, 11% of all money raised for cyber-security firms in 2013 were raised for Israeli companies – a total of $165 million. There are at least 200 cyber-security start-ups in Israel, 100 of which were formed in the past year. And, he added, 20 multi-national companies had cyber-security R&D firms in Israel.

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