“Cyber is a great business. It’s growing geometrically because there is never a permanent solution, it’s a never-ending business,” said Benjamin Netanyahu, Israel’s Prime Minister, at Tel-Aviv University’s 7th Annual Cybersecurity Conference. Thomas Bossert, Assistant to the U.S. President for Homeland Security and Counterterrorism, announced at the event the creation of a US-Israeli bilateral cyber working group that will develop “innovative cyber defenses we can test here and then take back to America.”
Israel has become a cybersecurity powerhouse at the center of an $82 billion industry (not counting spending on internal security staff and processes).
