Governments See Cybersecurity as an Opportunity to Develop Hi-tech Ecosystems

Cybersecurity

Governments See Cybersecurity as an Opportunity to Develop Hi-tech Ecosystems

Israel’s startup era was a result of a geographically small country that had limited trade with its neighbors. From the early days of what we now call cybersecurity, Israel’s government has invested in its people to develop leading technologies that focus on keeping its citizens safe.

Israeli entrepreneurs used these initiatives, turning inward to developed technologies aimed at addressing various industry pain points in the defense, communications, and health care sectors. The non-stop breakthroughs which came out of Israel caught the attention of global headlines and of venture capital firms.

During these earlier years, I was involved in the formalization of Israel’s National Cyber Strategy and saw firsthand the power governments hold in inspiring and enabling its citizens to come together under the umbrella of innovation. Today, along a strip spanning 15 Km by 3 Km between Tel Aviv and Herzliya, one can find 348 Investors all thriving, thanks to those private and public partnerships from years ago. This beachfront strip barely developed just 100 years ago, has boomed into a Middle East oasis of investors, developers, and entrepreneurs that has become the epicenter of today’s digital revolution.

For governments who are thinking of how to build and harbor a notable cyber ecosystem, collaboration is a necessity. Domestic collaboration begins by acknowledging how much the public and private sectors are natural partners. When governments provide grants for academic research, startups, and innovation centers, there will be a continuous flow of new technologies that will act as the lifeblood of their ecosystems. Collaboration also needs to occur between foreign governments. Cross-border partnerships make for better-secured infrastructure and invites global tech companies to develop global R&D centers leading to the sharing of expert knowledge.

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Governments See Cybersecurity as an Opportunity to Develop Hi-tech Ecosystems