Elbit Systems is turning its cyber security subsidiary, Cyberbit, into a pure-play commercial company, Elbit announced on 19 September.
Cyberbit’s existing defence work will be moved into Elbit’s C4I unit, with Cyberbit continuing to offer cyber security primarily for the financial sector and critical infrastructure.
“In order to maintain this growth and to be customer-oriented to its unique markets [financial sector, infrastructure security, etc.], the company decided to focus its commercial efforts under the Cyberbit brand, which is becoming well known in this sector,” the company said in a press release.
Elbit also said that integrating cyber capabilities with its defence products has become increasingly important.
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