According to a recent announcement, Team8, Israel's leading cybersecurity think tank and company creation platform, has added Intel to its global membership. The company joins Microsoft, Cisco, Qualcomm, AT&T, Citigroup, Accenture, Nokia (News - Alert), Temasek, Mitsui, Bessemer Venture Partners, Eric Schmidt's Innovation Endeavors and Marker LLC in the mission to solve cybersecurity’s biggest challenges. This new strategic relationship will help Team8 incubate disruptive companies that address cybersecurity and provide organizations with an advantage over cyber threats.
“Intel (News - Alert) is committed to cybersecurity and we are always looking for the best and the brightest to further our capabilities and provide industry leading security,” said Rick Echevarria, VP, Software and Services Group and General Manager, Platform Security Division, Intel Corporation. “Team8 provides a unique vantage point and deep experience that makes them a natural fit for future Intel's security offerings.”
The companies in the group work closely with Team8 during the exploration, ideation and validation phases of its company creation process. Intel will work with Team8 to secure future computing, IoT, Mobile, Automotive and Cloud technologies and the partners will collaborate to identify security gaps in future networks, technologies and infrastructures with a view to developing new cyber paradigms to address these challenges.
“Our mission is to tackle the biggest problems in cybersecurity and give organizations the advantage over cyber attackers. Adding Intel to our syndicate is a critical extension that will give us a unique insight to the security challenges associated with the mobile, cloud and IoT revolutions,” said Nadav Zafrir, Co-Founder and CEO, Team8, and former Commander of the Israeli Defense Forces (IDF) Technology & Intelligence Unit 8200.
Team8 was founded by veterans of the IDF's Intelligence & Technology Unit 8200; Nadav Zafrir (former head of the unit), Israel Grimberg (former head of its cyber division) and Liran Grinberg (former distinguished officer).