Full Breakdown
Strengthening Montreal-Israel Tech Ties Amid Rising Cyber Threats
1/26/2026, 9:05:20 PM
Overview of the Event
A recent event titled “Cyber Resilience with Code Blue Cyber” marked the second major gathering organized by MTL-IL Tech, aimed at enhancing connections between Montreal’s tech sector and Israel’s innovation ecosystem. Held in Montreal, the event attracted close to 100 professionals from various fields, including cybersecurity, law, finance, and technology, despite adverse winter conditions and increasing anti-Israel sentiment. The organizers, Yaron Cohen and Jillian Friedman, emphasized the importance of merging the local Jewish community with broader tech interests.
Key Insights on Cybersecurity
The event featured prominent discussions on the escalating threat landscape in cybersecurity. Peter Villani, a partner at Fasken, highlighted the urgency of addressing cyber threats, noting that the average cost of a cyberattack in Canada has reached approximately $6.9 million, with attacks occurring every 39 seconds. Nareg Froundjian, a technology lawyer, pointed out the upward trend in cyberattacks but acknowledged improvements in organizational preparedness, urging companies to adopt structured response plans.
Refael Franco, founder of Code Blue, stressed the need for a shift in mindset from prevention to adaptability in cybersecurity strategies. He shared insights from a significant cyberattack on Israel's water infrastructure in 2020, illustrating the complexities of managing such crises.
Community and Collaboration
Friedman noted that while Montreal is home to the Mila artificial intelligence research institute, there is a pressing need for a cohesive tech community to prevent a brain drain in Canada. She emphasized that the event serves as a neutral platform for tech professionals to engage and learn from Israeli innovations. Cohen added that the gathering exemplified "tech diplomacy," showcasing how innovation can flourish from grassroots efforts rather than solely through formal channels.
Criticism & Opposition
Despite the event's focus on technology and collaboration, concerns regarding rising antisemitism in Canada were acknowledged. Friedman stated that the meetup is designed to remain neutral, providing a space for tech discussions without political undertones.
Official Statements & Responses
Organizers expressed optimism about future events, with municipal and federal representatives showing interest in participating as cyber resilience becomes a national priority. Villani's remarks underscored the critical role of cybersecurity in national security and economic stability.
Verbatim Quotes
“Cybersecurity and cyber resilience are central pillars of national security, economic and business stability, and geopolitical strategy,” — Peter Villani, Partner at Fasken
“Resilience first, instead of a prevention mindset,” — Refael Franco, Founder of Code Blue
“Canada has a lot going for it in tech, but it needs more fuel to keep the momentum going.” — Jillian Friedman, Organizer
What's Next
As interest in cybersecurity continues to grow, future MTL-IL Tech events are anticipated to further strengthen ties between Montreal and Israel's tech sectors, fostering innovation and collaboration in the face of evolving cyber threats.
