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Cybersecurity

Why the CEO of Israel’s biggest cybersecurity company is calling for major consolidation

Why the CEO of Israel’s biggest cybersecurity company is calling for major consolidation
Why the CEO of Israel’s biggest cybersecurity company is calling for major consolidation
Gil Shwed, co-founder, Check Point Technologies. Credit: Check Point Technologies

Synopsis

“Don’t let unsecured devices access your networks,” says Gil Shwed, co-founder of Israel’s Check Point Technologies. In an exclusive interaction with ET Prime, Shwed discusses the economics of cybersecurity industry, and why the solution for both effectiveness and efficiency is consolidation between vendors.

Gil Shwed is the OG cybersecurity entrepreneur having co-founded Check Point Technologies all the way back in 1993, establishing entire categories of cybersecurity products along the way. He has led the company for 30 years, taking it to the top of the pile in cybersecurity, enroute becoming one of Israel’s most valuable and significant technology companies. But talk to Shwed and one thing becomes evident — after more than thirty years in
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The Economic Times