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Israel's Cyber-Security Prowess Is Attracting Foreign Firms

Trainees at the "Cyber Gym" center, where IT and infrastructure company employees train to defend against cyber attacks, on Oct. 30, 2013 near the Israeli city of Hadera. Photographer: Menahem Kahana/AFP via Getty Images
Trainees at the "Cyber Gym" center, where IT and infrastructure company employees train to defend against cyber attacks, on Oct. 30, 2013 near the Israeli city of Hadera. Photographer: Menahem Kahana/AFP via Getty Images

Israel's cyber-security industry has grown from a few dozen companies to more than 200 in just the past three years amid a flood of hacks targeted at the country. As Israeli Prime Minister Benjamin Netanyahu welcomes more outsiders to invest in or collaborate with the country's cyber-defense industry, a Big Four professional-services firm, Deloitte Touche Tohmatsu, is stepping up to the plate.

Deloitte plans to open a cyber-security operations center in Israel and is looking to partner, acquire or license technologies developed by Israeli startups, executives for the firm said in interviews yesterday at the Cybertech conference in Tel Aviv. Deloitte has similar centers setup in Chile, Costa Rica, South Africa, Spain, the U.K. and the U.S.