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Second Draft of Circular on Cyber Risk Management in Institutional Entities

The Department of Capital Market, Insurance and Savings at the Israeli Ministry of Finance recently published a second draft of its circular on cyber risk management in institutional entities, revising the first draft it published in October 2015. According to the explanatory notes issued by the ministry, the second draft emphasizes the “cyber threats concept” in which information security and ...

Coming Soon: A Health Information Card for Every Israeli Patient

The Israeli Minister of Health, Mr. Ya’akov Litzman, announced his plan to promote the issuance of a uniform medical card that will consolidate all medical information about a patient, including information regarding treatments, medical tests, medications and medical history. The card is designed to allow all health providers and hospitals in Israel consolidated access to a patient’s medical information in ...

Can I Attack the Attacker? Limitations on Proactive Cybersecurity Measures

Your organization has been cyber-attacked. Sensitive business and customer information was leaked.  Your organization’s reputation and competitive edge suffers irreparable damage. You hire a cyber security firm to investigate. The firm traces the hackers’ tracks and is about to hack into their computer systems in order to mitigate the damage, uncover more information about the hackers’ methods, disable their infrastructure ...

Israel has Established a National Program for the Prevention of Internet Crime Against Children

The Israeli government has unanimously approved the proposal of the Minister of Public Security, Gilad Erdan, for the establishment of MAOR – a national program for the prevention of online violence and crime against children and teens. The new project will be a combined array of citizens and the Israeli Police. It will promote the enforcement and prevention of crime ...

Israeli Credit Data Bill Headed for Final Enactment into Law

The Economic Affairs Committee of the Knesset (the Israeli Parliament) has approved the proposed Credit Data Bill, 5776-2015 for second and third (final) reading at the Knesset. The bill seeks to enhance competition in the Israeli consumer credit market, by establishing a central database at the Bank of Israel (Israel’s central bank) with information concerning the creditworthiness of Israelis. The ...

The State will collect VAT for online services offered by foreign companies

The Israeli Tax Authority at the Israeli Ministry of Finance has released a draft bill proposing amendments to the Israeli Value Added Tax (VAT) law such that foreign companies established abroad who provide internet-based services to Israeli customers will be required to pay VAT to the Israeli Tax Authority. The draft bill lists electronic services, communication services, radio and television ...

Israeli Government Publishes Draft of Regulatory Framework for the Cyber Defense Profession

The National Cyber Headquarters at the Israeli Prime Minister’s office recently published a policy document on the regulation of the cyber-defense profession in Israel, aimed at ensuring an adequate level of professionalism, reliability and ethics of those in the profession. According to the policy, its rationale is derived from the understanding that currently, professionals in various disciplines in the field ...
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