IBM setting up Beersheva cyber center

IBM SVP Steven Mills said the new center is a collaboration with Ben Gurion University.

IBM Corporation (NYSE: IBM) will establish a cyber center of excellence in Beersheva in collaboration with Ben Gurion University of the Negev, SVP software and systems Steven Mills announced at the CyberTech 2014 conference.

"We think that these centers will need more than 50 people, but that is no reason why it should not grow to several hundred," said Mills. He estimates that IBM will invest several million dollars in the cyber center. "Send us your CVs," added IBM Israel software development manager Daniel Yellin.

"We know that there are cyber skills here and we think that this is a great opportunity to work with the university," said Mills, adding that IBM has invested billions of dollars in acquisitions of data security companies since 1999. The most prominent Israeli acquisition was Trusteer, acquired for $650 million in mid-2013. "This was a respectable addition to our products portfolio. Israel has become an important part of our security operations," he said.

"We thought about how transportation changed the world in the 19th century, and the issue of safety came with it. With regard to security, information security has become critical. It's safe to input and share data, and you have to be sure that the data is as safe as it should be. There are thousands of malicious attacks that affect millions of people. Many of the attacks are known, but many are not reported, but affect our daily lives. Information is the currency of the future and leads to money, and the theft of this information is the way to make money if you're a criminal."

Published by Globes [online], Israel business news - - on January 27, 2014

© Copyright of Globes Publisher Itonut (1983) Ltd. 2014

Twitter Facebook Linkedin RSS Newsletters גלובס Israel Business Conference 2018