Intel to Collaborate With Israel's Team8, Illusive on Cyber-Security

Intel to Collaborate With Israel's Team8, Illusive on Cyber-Security
Highlights
  • Intel joins Team8's members including Microsoft, Cisco, Qualcomm
  • Israel has some 450 cyber startups
  • Team8 has launched two cyber companies, and two others will follow soon
Advertisement

Intel has joined Team8, an Israeli creator of cyber-security startups, as a strategic partner and will help with the formation of companies that address the largest cyber-security problems, Team8 said on Wednesday.

Intel, the world's largest chipmaker, joins Team8's syndicate members Microsoft, Cisco, Qualcomm, AT&T, Citigroup, Accenture, Nokia, Bessemer Venture Partners and Eric Schmidt's Innovation Endeavors.

Israel has some 450 cyber startups, which receive 20 percent of global investment in the sector. Although the need for security is growing quickly, the proliferation of start-ups means that several companies compete in every subsector.

Team8 has already launched two cyber companies, Claroty and Illusive Networks, and two others will follow suit soon.

Team8 co-founder and CEO Nadav Zafrir told Reuters that one company will move out of stealth mode in a few weeks while another will do the same in early 2018 without elaborating.

He noted that each of the syndicate members has a different perspective on cyber.

"Citi enables us to see the world from a financial standpoint. With Intel joining we will see the challenges going forward in cyber-security like computing, automotive, cloud, mobile and IoT (Internet of Things)," Zafrir said. "Together we can address the (cyber) problems before they emerge."

Intel will also collaborate with Illusive, which catches attackers once they break into corporate networks using deception technologies, to help combat so-called advanced persistent threats (APTs).

The alliance between Illusive and Intel extends deception-based cyber security from software to hardware, Illusive said.

"Our collaboration with Illusive networks provides users with more effective defences against sophisticated APTs, in the early stage of the attack, that otherwise go undetected and pose a great threat to enterprises and individuals," said Jacob Mendel, general manager of Intel's platform security division.

© Thomson Reuters 2017

Comments

For the latest tech news and reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who'sThat360 on Instagram and YouTube.

Firefox Focus Browser With Built-in Ad Blocker Comes to Android
TCL, Vertu Partner to Manufacture 30,000 Luxury Mobile Phones
Share on Facebook Gadgets360 Twitter Share Tweet Snapchat Share Reddit Comment google-newsGoogle News
 
 

Advertisement

Follow Us

Advertisement

© Copyright Red Pixels Ventures Limited 2024. All rights reserved.
Trending Products »
Latest Tech News »