Israel's ThetaRay turns to maths to detect cyberthreats

MATH TO THE RESCUE: As businesses face a growing threat of cyberattacks, Israeli startup ThetaRay is betting on maths to provide early detection, enabling the shutdown of systems before damage can be done.

HOD HASHARON, Israel: As businesses face a growing threat of cyberattacks, Israeli startup ThetaRay is betting on maths to provide early detection, enabling the shutdown of systems before damage can be done. 

The year-old company's first investor was venture capital firm Jerusalem Venture Partners. It is now also backed by heavyweights like General Electric, which uses ThetaRay to protect critical infrastructure such as power plants, and Israel's biggest bank, Hapoalim, which deployed the technology to detect bank account anomalies.