Cyber firm Wiz moving funds out of Israel due to judicial plans

JERUSALEM: Israeli cybersecurity firm Wiz is pulling tens of millions of dollars out of Israeli banks, a source close to the company said on Tuesday, joining private sector opposition to the government’s planned overhaul of the judicial system.

The source, who spoke to Reuters on condition of anonymity, said Wiz, a unicorn with a value of some $6 billion, has concerns about growing uncertainty in the Israeli market in light of the proposed changes.