CTech’s Daily Israeli Tech News Roundup

Cyber surveillance firm founder defends company’s practices. In a rare interview, a co-founder of Israel-based cyber surveillance company NSO Group offered a defense of his company, which has been accused of supplying governments with software used to spy on journalists and dissidents. Read more

 

Israeli doctors used an AI software to decide whether to operate, keeping patients in the dark. An AI software developed by Tel Aviv based startup MEDecide is piloted in several Israeli hospitals as a decision support tool intended to help doctors decide whether patients should go under the knife. Medical personnel involved were required to sign non-disclosure agreements, and patients were not notified. Read more

 

Israeli regulator intends to bar cryptocurrency-focused companies from the Tel Aviv Stock Market. After banning crypto-related stocks from the Tel Aviv Stock Exchange indices, Israel’s Securities Authorities wants to take its fight on digital coins one step further. Read more

Cyber will become the weapon of choice for developing countries, says former Mossad Chief. Orchestrating cyber attacks is cheaper and potentially more damaging than conventional warfare, said retired Mossad Director Tamir Pardo speaking at a Calcalist event. Read more

 

From Chinese reforms to European instability, 2018 bodes well for Israeli tech. CEO of Tel Aviv-based investment firm Cukierman & Co. with a 2018 forecast for Israeli startups. Read more

 

Indian Navy orders Israeli diver detection devices. The Indian Navy has ordered 78 diver detection sonar devices from Israel-based defense contractor DSIT Solutions. DSIT has partnered with Tata to manufacture the underwater security systems in India. Read more

 

Merck, China’s WuXi AppTec are launching a biotech and pharma Incubator in Israel. In addition to funding, the incubator will assist with drug development, provide feasibility and market demand assessments, and offer early-stage mentoring. Read more