Gil Shwed, considered the inventor of the modern computer firewall, cofounded Check Point Software Technologies in 1993 with Shlomo Kramer and Marius Nacht.
The company went public on the Nasdaq in 1996.
Shwed owns about 26% of Check Point's stock and serves as its executive chairman.
Check Point, which develops cybersecurity software, counts many of the largest U.S. companies as its clients.
Check Point prevented over 3 billion cyber attacks annually and has secured over 100,000 organizations worldwide.
Shwed first joined the billionaires list in 2001, only to fall off in 2003 when the tech bubble burst. He returned to the billionaire ranks in 2011.
Shwed sits on the boards of the Youth University of Tel Aviv University and Yecholot Association, which works to reduce dropout rates in high schools.
In 2018, the Israeli government awarded Shwed the first Israel Prize in the technology category for his contributions to cybersecurity and the country's economy.
According to recent reports, high unemployment rates have made individuals more vulnerable to scams and phishing attacks involving relief package payments.
As COVID-19 takes its toll on Israel, this middle eastern country is proving once again that innovation can work wonders in ‘life and death’ situations
Gil Shwed invented the computer firewall and then amassed a $3 billion fortune tackling cyber threats across the world. Here are his views on the dangers we now face.
Check Point Software's revenues are growing at 7% short of its industry's 17%. CEO Gil Shwed wants to grow faster and last month in Tel Aviv he explained the globalization strategy he hopes will make that happen.
Check Point Software Technologies has been growing since its 1996 IPO. But its 7.7% revenue growth rate lags its industry. Founder and CEO Gil Shwed wants the company to grow faster. If he can succeed, its shares could be a buy.
Of the different approaches to providing cybersecurity solutions to customers, what is the most effective approach? This question was originally answered on Quora by Gil Shwed.
Israeli cybersecurity firm Check Point Software, co-founded by Gil Shwed (pictured), revealed that a Chinese mobile advertising firm illegally controls over 80 million Android devices which can be used for massive cyber attacks on businesses and government agencies worldwide. (JACK GUEZ/AFP/Getty Images) According to a recent report published by Check Point, at least 10 million [...]