RAANANA (VINnews) — In 1999 a young technology entrepreneur named Naftali Bennett established a start-up company named Cyota which dealt in securing information online. In 2001 Bennett moved his business from Petach Tikva to Manhattan where he served as CEO of Cyota from 2001 until 2005, when he sold the business to RSA for 145 million dollars.
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After a brief period working for RSA Bennett returned to Israel where he entered the political arena, rising to the position of Defense Minister which he held until the current government was formed.
Recently Bennett received a call from his credit card company, stating that a thief had been trying to use his credit card details to purchase items. Bennett wrote on his Twitter account that “this was not the moving part of the story” but rather the fact that the software which succeeded in discovering the credit card theft and preventing it was the same software he himself had developed some 20 years ago….Cyota!