Israel’s National Cyber Directorate at the Prime Minister’s Office has published a proposed National Cyber Protection Law, intended to create a comprehensive statutory framework governing national cyber protection and to formalize the authority of the Cyber Directorate. The bill would introduce baseline cyber-security obligations for designated “critical organizations,” including entities in telecommunications, energy, water, healthcare […]
Author: Idan Nishlis
The Israeli-American Council (IAC) New York Has announced the appointment of Yariv Ben-Ari, co-chair of Herrick’s Israel practice group, as the organization’s new Chairman. His appointment comes at a time when New York’s Jewish community, civic leaders, and allies are navigating complex and often challenging conversations. In this environment, IAC New York plays an important role […]
Takara, an Israeli-founded fintech company focused on expanding housing affordability solutions in the United States, has launched DREAM (Discount for Real Estate Affordability and Mobility) in partnership with Great Lakes Credit Union (GLCU). The program is designed to address the mortgage “lock-in” effect in the US housing market by enabling eligible borrowers to repay existing […]
Orion Security completed a USD 32 million Series A financing round led by Norwest, with participation from PICO Venture Partners and IBM, bringing the company’s total capital raised to USD 38 million. The financing reflects investor confidence in Orion’s autonomous, real-time AI platform designed to prevent data leakage and provide a next-generation alternative to traditional […]
Alon Blue Square Israel completed an expansion of its third bond series, raising approximately NIS 600 million in the Israeli capital markets. The transaction marks the company’s third bond series expansion within the past year and reflects continued investor confidence in the group’s financial position and capital management strategy. Erdinast, Ben Nathan, Toledano represented the […]
Raftt Systems Ltd. has filed a NIS 200 million lawsuit in the Tel Aviv District Court against Wiz and certain former founders, alleging misappropriation of proprietary technology and breach of fiduciary duties. The claim largely centers on whether technology allegedly underlying “Wiz Code” lawfully transferred following the movement of a team from Raftt to Wiz, […]
The USD 25 billion acquisition of CyberArk by Palo Alto Networks has been finalized, combining its identity security platform with Palo Alto’s broader AI-driven cybersecurity portfolio. The transaction ranks among the largest deals in the global cybersecurity sector and one of the most significant acquisitions involving an Israeli technology company. Following completion of the acquisition, […]
Israel’s Ministry of Justice has published a draft bill proposing to apply certain mandatory Israeli laws to foreign businesses that direct commercial activity toward customers in Israel, even where contracts designate foreign governing law. The proposal seeks to address regulatory gaps arising from cross-border digital commerce and the growing presence of foreign service providers in […]
DLA Piper has released its 2025 Life Sciences Year in Review and What’s Ahead publication, analyzing major developments, challenges and opportunities shaping the global life sciences sector. The report reviews regulatory shifts, investment patterns and innovation trends that influenced the industry over the past year and sets out expectations for strategic priorities in 2026. The […]
Israeli technology firm ADC has been selected to develop Albania’s first large-scale data center in a free trade zone near the capital Tirana, in a project expected to cost approximately EUR 100 million and deliver an initial 32 megawatt capacity with potential expansion to 100 megawatts. The facility will be equipped with advanced Nvidia-based infrastructure […]
