Israel’s cybersecurity sector continues to thrive, with investments pouring in and exports increasing. There were more than 20 acquisitions of Israeli cybersecurity companies last year with a total value of $4.7 billion. Israeli exports of cybersecurity products and services hit $6.85 billion in 2020, up from $6.5 billion in 2019. Military service is mandatory in Israel, and the cybersecurity industry benefits from hiring staff who have gained experience in military cyber units. Israel’s economy largely serves a global market, and its cybersecurity sector exports products around the world.”]
Source: https://www.cuinfosecurity.com/investments-in-israels-cybersecurity-sector-grow-70-a-15956