The promised land of fraud prevention

Israel has become a major investment hub within the technology industry. Within the last decade it has earned a stellar reputation internationally as a fertile breeding ground for hi-tech startups. Lately, Israel has also begun to excel within the fields of identity verification and fraud prevention. This is a hugely important area right now and Israel is at the forefront of cutting edge technology within the space. Companies like Forter and I Am Real excel at fraudulent user detection and identity assessment respectively. The IDF Unit 8200 develops systems for gathering intelligence, sifting through data to detect dangers and escalating serious threats for manual review.

What differentiates Israel from most other countries at the cutting edge of technology is the fact that Israel has faced an existential threat since its very inception in 1948. Surviving against hostile neighbours has necessitated implementing a world class military intelligence within Israel. Mossad is arguably the most feared and hated intelligence service on this planet, and the IDF is undoubtedly the most highly trained army globally. What this has meant is that Israel has become exceptionally good at espionage and intelligence gathering. In the day and age of Big Data, this is highly advantageous. While the rest of the world is only now awakening to the power of reliable data and high-level security, Israel has been aware of this for decades. In essence, Israel has had a headstart in relation to devising cutting edge security technology. Israel's very existence has always been reliant upon having reliable security systems in place. 

As the world gears up to embrace the age of Big Data and the Internet of Things, opportunities for deception and manipulation will abound within technology. Identity verification and fraud prevention will become enormously important to organisations the world over. Israel demonstrates superb prescience by investing heavily within these areas. With decades of experience in tackling the most brutal terrorist organisations known to mankind, Israel has invaluable knowledge and expertise in regard to security. One can expect to witness very exciting developments emerge within this field from Israel in the coming years.