PayPal to start Israeli tech hub

Internet payments giant PayPal has bought Israel’s CyActive to kick-start a larger cyber security hub in the country, including potentially more acquisitions. CyActive’s “biology-inspired” algorithm predicts and counters cyber-attacks. PayPal bought Israel’s FraudSciences in 2008. http://techcrunch.com/2015/03/10/paypal-confirms-acquisition-of-cyactive-plans-to-open-new-security-hub-in-israel/ https://www.paypal-community.com/t5/PayPal-Forward/PayPal-Establishes-New-Security-Center/ba-p/956298

This entry was posted in Science & Technology. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *