Last week the World Trade Center Institute and the Maryland Israel Development Center presented a symposium on the burgeoning Israeli start-up industry. Hosted by Spark, a Baltimore based co-working space catering to Baltimore’s own start-up industry, the event focused on the rapidly expanding Israeli cybersecurity industry, and how Maryland-based companies can explore business opportunities between Maryland and Israel.
Following Governor Larry Hogan’s trade mission to Israel in September 2016, the Maryland Department of Commerce has been making concerted efforts to enhance bilateral trade between Maryland and Israel. A particular emphasis of the event was to bring new cybersecurity and life-science related jobs from Israeli startups to Maryland. Thanks in part to the efforts of the Maryland Israel Development Center, five Israeli cybersecurity firms have established offices in the State of Maryland. There are plans to bring additional employers to the area in the near future. The objective of the Maryland Department of Commerce is to help establish a “cybersecurity cluster” in Maryland, fueled in no small-part by cybersecurity start-ups from Israel.
As a Data Privacy and Cybersecurity attorney for Joseph Greenwald & Laake, Jason Sarfati attended this symposium to offer strategic and legal guidance to Israeli cybersecurity start-ups wishing to expand their operations in Maryland. Jason Sarfati is a member of the International Association of Privacy Professionals (IAPP), the largest and most comprehensive global information privacy community. Jason holds the CIPP/US certification (Certified Information Privacy Professional / US concentration), which means that he is particularly well versed in the data privacy laws that govern the private sector in the United States. His practice focuses on advising clients how to comply with federal and state privacy laws governing the collection, use, retention, and disclosure of private or otherwise sensitive information. Jason also has broad experience in offering his clients transactional support in negotiating technology transactions with both private and public entities.