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REFILE-Israel turns self-defence into industry boom for cyber techs

Cyber security start-ups raised $140.9 mln in 2013

Israel accounts for 13 pct of new global R&D in cybersecurity

Seven Israeli cyber-security firms acquired in 2014

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UK and US join forces to tackle cyber crime - Press releases - GOV.UK

UK and US join forces to tackle cyber crime - Press releases - GOV.UK | Industry News | Scoop.it
Business Secretary to announce £4 million of funding to counter cyber security threats at first ever US-UK cyber innovation summit.
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Lockheed Martin Growing Its Cyber, Big Data Business - Blog

Rapid innovations in information technology and changes in the geopolitical environment all point to the military’s need for large amounts of quickly digestible data.

The challenge for the defense industry is drawing meaningful conclusions from that information, while at the same time safeguarding that intelligence from network intrusions. For Lockheed Martin, this means beefing up capabilities such as cyber security and big data analytics, company officials said Aug. 13 during a briefing to reporters.

The company makes about $1 billion in revenue off its cyber products and services. A spokeswoman for Lockheed declined to provide figures for the amount of research-and-development dollars spent on cyber and advanced data analytics. She said, however, that consumer demands in both areas are growing in the defense and commercial markets...

...The Defense Department and intelligence agencies already manage their own networks, said Darrell Durst, vice president of cyber solutions. What Lockheed can provide to the government is its expertise.

Things have changed in the commercial sector, where it was once difficult to get company executives to understand the dangers posed by cyber threats, Reardon said. Now, they understand the importance of cyber security, but they don’t know what to do to keep their networks safe.

...The rapidly changing threat environment has triggered a bigger focus on advanced analytics in the Defense Department, intelligence community and in the commercial sector, executives said.

The company uses a product it developed called LM Wisdom to comb through databases and cull information from public sources, media reports and social media. Most of its algorithms rely on making a correlation of some type, such as measuring a population’s sentiment in order to predict future behavior, O’Connor said. For instance, an algorithm can measure citizens’ attitudes about their country’s leader.

...The company was recently contracted by a pharmaceutical firm to find a criminal organization that was counterfeiting its products. In a couple days, Lockheed was able to uncover the key players in that enterprise and identify the flow of money.

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Global Cyber Security Market 2014-2018 - MarketWatch

Global Cyber Security Market 2014-2018 - MarketWatch | Industry News | Scoop.it
Global Cyber Security Market 2014-2018
MarketWatch
Cyber security protects systems from cyber threats by identifying, monitoring, and resolving attacks while, at the same time, maintaining the confidentiality of information systems.
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Israeli Cyber-Security Startup GuardiCore Raises $11 Million - Wall Street Journal (blog)

Israeli Cyber-Security Startup GuardiCore Raises $11 Million - Wall Street Journal (blog) | Industry News | Scoop.it
Israeli Cyber-Security Startup GuardiCore Raises $11 Million
Wall Street Journal (blog)
Cyber-security start-up GuardiCore Ltd. has raised $11 million in a series-A round. The Tel-Aviv based company develops cyber security solutions for data centres.
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Elbit Systems Provides Singaporean ST Electronics (Info-Security) with a Cyber Security Simulator for Civil Applications | Asian Defence News Articles | Defence Review Asia

Elbit Systems Provides Singaporean ST Electronics (Info-Security) with a Cyber Security Simulator for Civil Applications | Asian Defence News Articles | Defence Review Asia | Industry News | Scoop.it

Elbit Systems announced today that it provided ST Electronics with a Cyber Security Simulator. Enabling users, individually or as a group, to locate, respond and prevent cyber-attacks, while experiencing simulated network protection conditions, the simulator provided to ST Electronics will also present various network protection scenarios, conduct follow-up debriefing and evaluate the results.

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NAO: Update on the National Cyber Security Programme

Key Findings:

 

Overall, the government continues to make good progress in implementing the Programme, which is helping to build capability, mitigate risk and change attitudes, as well as taking advantage of opportunities for economic growth. But cyber threats continue to evolve and the government must increase the pace of change in some areas to meet its objectives. The government also needs to decide which initiatives should be mainstream activity across public sector organisations and which require the impetus and coordination that a successor programme might provide.

Findings in specific areas are as follows:
• The Programme’s financial management and governance mechanisms are strong, and have improved over the Programme’s life to date. The Programme is on track to spend its budget of £860 million by March 2016.


• The government has made good progress in improving its understanding of the most sophisticated threats to national security. This area scored the highest rating in our survey. However, there is a varied understanding of threats to wider public services.


• The government has made some progress in encouraging businesses and citizens to mitigate risks, particularly in getting larger companies to take action. It has had a limited impact with SMEs, where it has struggled to communicate guidance in a way that meets those businesses’ needs.


• While UK cyber exports have increased by 22% between 2012 and 2013, progress in encouraging trade and exports in cyber products and services has been slow and is the area of poorest performance, scoring the lowest rating in our survey. The government’s marketing strategy was delayed by 14 months and it has only recently agreed a methodology to measure progress towards the £2 billion export target announced at the end of 2013.


• The government has encouraged many education and training initiatives to stimulate the development of relevant skills but demand for those skills remains considerable.


• Cabinet Office is managing the Programme effectively but cannot yet demonstrate a clear link between the large number of individual outputs being delivered and an overall picture of benefits achieved. However, this challenge must be set against the inherent difficulty of measuring how safe the United Kingdom is in cyberspace.

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SAIC launches new cybersecurity platform - Washington Business Journal (blog)

SAIC launches new cybersecurity platform - Washington Business Journal (blog) | Industry News | Scoop.it
SAIC launches new cybersecurity platform
Washington Business Journal (blog)
McLean-based Science Applications International Corp.
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Cyber Security Conference on September 18 - gulfnews.com

Cyber Security Conference on September 18 - gulfnews.com | Industry News | Scoop.it
Cyber Security Conference on September 18
gulfnews.com
Dubai: Du's second annual du Cyber Security Conference will be held at the Armani Hotel in Dubai on September 18.
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Cyber security growth could save Sourcefire workers from Cisco layoffs - Baltimore Business Journal (blog)

Cyber security growth could save Sourcefire workers from Cisco layoffs - Baltimore Business Journal (blog) | Industry News | Scoop.it
Cyber security growth could save Sourcefire workers from Cisco layoffs
Baltimore Business Journal (blog)
Cisco Systems Inc.
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