In the last 12 months alone, it is estimated that there has been an 180% increase in DDos (Distributed Denial of Service) attacks worldwide, often with increasing severity. With thousands of online entities seeking greater levels of protection, many have turned to Israel, a rising hub for innovative startups in the cybersecurity space.
What surprises many is that Israel has been at the forefront of cybertechnology for several years. Israel's compulsory military service program has helped expose their young population to advanced security systems that would have otherwise been inaccessible, this helping create a large talent pool for cybersecurity firms to dip into.
With the cybersecurity market booming, this talent pool is being increasingly utilised by both U.S. and Israeli firms. Key to their success in preventing cyberattacks is the introduction of deceptive techniques such as 'honeytraps', fake data stores designed to lure hackers away from more sensitive data. Polymorphic technology is another cyber-defence mechanism that is gaining traction, this involving a dynamic application structure that leaves hackers little chance to breach the system.
High level cyber protection is particularly pertinent in the online payments industry, where extremely sensitive credit card data is being exchanged. It is not only payment gateways that demand the highest protection levels however; government agencies are also weary due to the sheer volume of private information they are required to store.
Whilst deceptive tactics are currently estimated to serve less than 10% of the overall cybersecurity market, their role is strongly predicted to grow in the coming years. With cyber crime showing no sign of relenting, these techniques pioneered in Israel could prove vital in protecting sensitive data stored by companies worldwide.