Israel’s cybersecurity industry accounted for 31% of global investments in the sector in 2020, putting the nation in second place after the US, the National Cyber Directorate said.

Companies, research institutes, and universities are called to apply for funding to develop tools and tech in the field of cybersecurity for critical energy infrastructure.

Israel carried out a recent sophisticated cyberattack on an Iranian port facility, causing widespread chaos, apparently in retaliation for an attempt by Tehran to target Israel’s water infrastructure.