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Why Do Cybersecurity Unicorns Flourish in Israel?

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Numbers don’t lie. Israel has become the global hotbed for spawning private cybersecurity companies worth more than $1 billion each. We can point to five such creatures already: Checkpoint, NDS, Imperva, CyberArk, and Forescout. In an industry where there are probably fewer than a dozen of these kinds of success examples, this puts Israeli cybersecurity in rarified air.

The obvious question becomes why does this happen in Israel? It has to be something besides coincidence, right? I’m here to tell you, yes, it’s more than coincidence. In fact, there are a handful of definite factors that combine to birth a cyber unicorn, and here they are.

Always Look for the Next Opportunity

To make a big splash in any industry you have to have the wherewithal to be on constant lookout for the next opportunity and then strike hard when you find it. While this advice might seem self-evident, the landscape is littered with non-unicorn companies that show how easy it is not to take this advice.

One that did was NDS. This company was paying attention a while back when hackers set their eyes on the cable television industry. As fake cable access boxes flooded the market, NDS recognized a hot opportunity to provide a complete end-to-end solution that addressed both the short and long-term threats.

This is a cogent point to linger on. It’s not all about solving the immediate pain point – though that is a big deal – but continuing to develop products........

© The Times of Israel (Blogs)

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