PM Netanyahu: "I have never made any remark regarding the USA-Mexico border"

"Israel draws about one-fifth of the global investment in cyber technology," said the Prime Minister in his keynote address at CyberTech 2017. "This is a coefficient of 200 relative to the size of the population"

"We have no automotive industry in Israel. We had tried that, but it did not last. Now we have a different automotive industry. About 500 companies that provide, among other things, cybersecurity solutions to the global automotive industry," said Benjamin Netanyahu at the CyberTech 2017 Conference.

"This is an industry that also provides cybersecurity solutions to the health industry, to agriculture and to the retail trade. Cyber technology is associated with every industry today.

"The Internet of Things will create so many links that we would require numerous solutions in order to deal with cybersecurity. It is a new kind of war. With a single key click, a lone hacker can bring a whole country to its knees. Nearly all of the infrastructures and information of the state are vulnerable to attacks through cyberspace.

"It is no coincidence that you are here in Israel. This conference has more than 10,000 visitors from five continents. The physical size of Israel has not restricted Israel's power in cyber technology. The secret of our cyber technology industry is the affinity between people. The meeting ground for ideas from different content worlds. Small teams working together. Many of them possess military experience as well. That is a winning combination.

"A few years ago I had set a goal for Israel to become a leader in cyber technology, and we have accomplished that goal. We have also opened a research center in Beersheba. Today the seven wells of old have evolved into wells of creativity. Israel draws about one-fifth of the global investment in cyber technology. This is a coefficient of 200 relative to the size of the population."

Netanyahu has also signaled to prospective investors. "Do not add regulation in the field of cyber," Netanyahu said. "The temptation of more regulation is substantial, but once you impose regulation, you will hinder the development of the cyber technology industry. Help where you can to encourage development. We are currently offering tax benefits to entrepreneurs. We also have support programs for companies that will come to Israel to establish development centers here. Additionally, we are developing the human capital of Israel through training programs in the military and in academia. I encourage everyone present to invest in Israel."

The Terrorism Threat

Netanyahu also addressed the cyber terrorism threat. "Terrorist organizations use the same tools we use – against us," said Netanyahu. "In recent years, Iran has been developing a terrorist infrastructure in the Middle East. The Internet of Things can be used by these terrorist organizations for dangerous purposes. Unless we work together and cooperate, the future can be very menacing. In this context, Israel, the USA and other countries should cooperate at the government level as well as among the industries."

The Tweet regarding Mexico

Toward the end of the Prime Minister's address, Netanyahu also referred to his Twitter post regarding President Trump's initiative to build a wall along the USA-Mexico border. "I would like to clarify something regarding my tweet," said Netanyahu. "I spoke about the success of the fence in Israel. I made no remark regarding the USA-Mexico border. We have excellent relations with Mexico."

 

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