Israel Japan | Business Guide | 2018

Israel-Japan > Business Guide > 2018 054 > Cyber, Defense & HLS > New Technologies Cyber in Israel T he Israeli high-tech industry gets a great deal of headlines mainly in view of the impressive fund-raising and exits it provides on a daily basis.Cyberspace appears to be the most exciting in the high- tech space,attracting large funding and exits and motivating large companies to open research and development centers in Israel. More than 400 cyber companies are currently active in Israel, with an average of 60 new cyber companies opening each year. Most of the Israeli companies are privately-owned, while just 19 of them are public companies. Despite the impressive rate of growth and competition in the category,more than half of Israel’s cyber companies are already at ‘sale’ stage.9 percent of them generate revenues of over US$ 10 million a year. Alongside the gains,cyber companies are still looking to raise capital to widen the scope of their operations and market penetration capability. The most funded cybersecurity fields of 2017 include traditional IT categories like network security, mobile security and vulnerability & risk management. Another prominent category is IoT (Internet of Things) security that saw investments over all stages, as new companies emerged and mature ones gained momentum. The proliferation of smart devices into daily life has sprouted an ecosystem of IoT security companies, creating sub-categories within the sector, focused on specific use cases like smart home protection,securing connected Technology Borne Out of Experience Israel's geopolitical situation helped create a leading cyber, defense and homeland security industry. Japan's needs can be met by it and the two countries can join hands on International Projects and autonomous vehicles and dedicated solutions for medical devices.Medical device protection is a fresh category this year, and there are several start-ups that are focused on helping healthcare organizations secure themselves against the growing number of targeted attacks. Cyber in Japan As Japan prepares for the 2020 Tokyo Olympics, increased attention has been focused on Cyber Security in response to an increase in frequency and sophistication of cyber-attacks. In 2015, the Japanese Cabinet approved the second Japanese Cybersecurity Strategy in response to continued threats to the country’s critical security infrastructure. According to this strategy, Japan aims to double the size of its information security market by 2020. While the 2020 Tokyo Olympics and Paralympic Games present Japan with particular vulnerabilities and challenges on the cyber- defense front,they also represent a potential opportunity for Israeli exporters and service providers.Critical information infrastructure industry sectors have been identified.Among them are: • Information and Communication Services • Financial Services • Aviation Services • Railway Services • Electric Power Supply Services • Gas Supply Services • Government and Administrative Services (including Municipal Administration) • Medical Services • Water Services • Logistics Services • Chemical Industries • Credit Card Services • Petroleum Industries Defense & HLS in Israel Homeland Security (HLS) has always been a top priority in Israel. The need for unique technologies and self-reliance has led to a diversified,competitive industry,with products suitable for the most demanding situations 2015: Signing of a Memorandumof Understanding on the expansion of scientific cooperation between the two countries in which it was agreed that the countries would explore possibilities of expanding the volume of investments in joint research in the applied and engineering fields. Historical Moments