Governments Wake-up To Need To Build Cybersecurity Companies

I gave a presentation in Glasgow recently on Innovation, and stressed the need for us to build strong and innovative Cybersecurity companies [here]. It has been a massive challenge over the years, where, unfortunately, there has been a feeling that Cybersecurity was a cross-cutting area, and that you couldn’t build companies that focused on it.

And so, yesterday, we start to see some of the barriers crumbling:

Governments of the world need to understand that the days of manufacturing are numbered, and we are now into a cyber-physical era. Increasingly it is software services and products that provide as much economic benefit as our traditional industries. In Israel, for example, cybersecurity accounts for an export market of over $6 billion, and it is growing fast. In a time of GDPR and NIS, there is thus an increasing need for innovation, especially to move our existing untrusted data…