After American cybersecurity's product causes unprecedented computer shutdowns across the globe, Israeli companies ( Orca, Wiz, Palo Alto' Prisma, CloudGuard) now have a chance to offer alternative solutions

"CrowdStrike may not be a familiar name for many, but it’s a darling of the global cybersecurity market and the fiercest rival of almost every Israeli cybersecurity company.

CrowdStrike is synonymous with success in cybersecurity. It ended 2024 (a fiscal year that ended in January 2024) with revenues of $3 billion and cash flow of $1 billion, numbers reminiscent of Check Point, but it is growing faster and planned to end the current year with revenues of around $4 billion. Before the Israeli company Wiz emerged, CrowdStrike held most of the cybersecurity industry’s coveted titles.

For the Israeli cybersecurity industry, the company’s troubles are an opportunity. CrowdStrike is Israeli company Palo Alto Networks’s main competitor and resembles it both in size and in its aim of building a comprehensive platform that provides all the cybersecurity needs for organizations. "

"It also has cloud security solutions competing with Wiz, Orca, Palo Alto's Prisma, and Check Point's CloudGuard. The impact of the crisis in public companies like Palo Alto and SentinelOne could be seen in their stock prices rising versus the fall in CrowdStrike's stock, while the impact was less seen in private companies.

However, the emotional appeals published by startups such as Orca, DAZZ, and even Zafren are essentially a declaration: 'we’re here and ready to provide you with alternative solutions'."

https://www.ynetnews.com/article/hjpohh5o0

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