Israeli Anti-Trust Authority Issues New Draft Opinion On Information Sharing For Cybersecurity Purposes

Growing cybersecurity threats require businesses to take various measures to protect their systems, including by sharing information with other businesses - even competitors - to facilitate better evaluation of existing threats and to promote the protection of computer-based systems. However, the sharing of information among competitors may also be considered prohibited under anti-trust laws. In this context, and given the value of information sharing as a measure for promoting cybersecurity, Israel's Anti-Trust Authority (the "IAA") has recently published a draft opinion (the "Draft Opinion") that is meant to clarify the boundaries for the sharing of cyber-related information among competitors.