Despite the defense challenges, Israel's high-tech cyber security sector continues to thrive on the global stage. A delegation of 35 Israeli cyber companies participated in the prestigious RSA Conference earlier this month in San Francisco, the world's leading cyber security event.
Their presence highlighted the cutting-edge innovations Israeli startups are bringing to the rapidly evolving cyber threat landscape. As artificial intelligence is increasingly integrated across industries, malicious actors are exploiting these technologies for large-scale attacks.
"The vast majority of organizations worldwide are adopting AI-based technologies extremely quickly, but security is lagging behind," Elad Shulman, co-founder and CEO of Lasso Security, one of the AI security startups that were part of the conference, told Israel Hayom. "This is one of the hottest areas in software today, and Israeli startups like us are already leading the way."
Shulman said multinational corporations and investors alike are eagerly seeking out the unique expertise of Israeli cyber firms. Some 30% of companies using AI have already suffered breaches related to the emerging threat.
David Carmiel, CEO of Kela cyber threat intelligence platform, offered a proactive defense service to safeguard AI systems. "Through our solution, we can train and test AI capabilities while preventing misuse, allowing clients to get ahead of constantly evolving cyber threats," he explained.
Carmiel emphasized the importance of Israel's presence at RSA, saying, "With many companies avoiding travel to Israel, participation was crucial to strengthen our economy and highlight our cybersecurity prowess."
The delegation's success underscores the growing dominance of Israel's cybersecurity industry. According to the Israel Export Institute, the sector broke records in 2023 with an estimated $25 billion in exports, comprising one-third of Israel's total high-tech exports.
"We are proud to have facilitated over 440 meetings for these companies with potential investors, clients, and trade representatives worldwide in an exposure event in collaboration with NTT, who hosted us at their offices in San Francisco, and Plug and Play, who assisted in marketing the event as part of the RSA conference" Nili Shalev, CEO of the Export Institute, said. "Especially now, we are committed to providing our exporters the support to access global markets."
