Israel to invest NIS 100m in cyber-security fund Kidma

December 21, 2015

Kidma, the three-year-old government program aimed at promoting cybersecurity, is set to enter a new phase and see its budget expanded to NIS 100 million, the Office of the Chief Scientist and National Cyber Bureau announced Monday.

“The importance of maintaining the Israeli cyber industry’s leadership position internationally is only growing, and as such we need to promote new and unique technologies in a creative way,” said Chief Scientist Avi Hasson.

“The successful collaboration between the National Cyber Bureau and the Office of the Chief Scientist has proven that a national effort in the hi-tech sector is critical to the success of the private sector and to fulfilling the economic potential of the Israeli cyber industry,” he added

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