More
EN
Newsletter
More
Newsletter
EN
Support JNS
News   Israel News

Wiz to transfer funds out of Israel due to judicial overhaul

The Israeli cybersecurity giant is the third company to withdraw holdings from Israel over Justice Minister Yariv Levin’s judicial reform plan, after Papaya Global and Disruptive Technologies Venture Capital.

Feb. 7, 2023
Israeli high-tech workers protest against Justice Minister Yariv Levin's proposed judicial reforms, in Tel Aviv, on Feb. 7, 2023. Photo by Tomer Neuberg/Flash90.
Israeli high-tech workers protest against Justice Minister Yariv Levin’s proposed judicial reforms, in Tel Aviv, on Feb. 7, 2023. Photo by Tomer Neuberg/Flash90.
( Feb. 7, 2023 / Israel Hayom )

Israeli cybersecurity giant Wiz will be transferring its funds out of Israel due to concerns over the new government’s proposed judicial reform, the company announced this week.

The funds will be transferred to bank accounts around the world, Wiz said in a statement.

The company was among the leading Israeli tech firms that held a warning strike last week in protest against the reforms, claiming that if they were implemented Israel’s standing as a tech hub could be harmed.

Wiz is the third company to withdraw holdings from Israel, following in the footsteps of Papaya Global and Disruptive Technologies Venture Capital.

Business and Economy Judicial Reform
EXPLORE JNS
Analysis
Will the international community confront Iran’s illegal use of cluster munitions?
The deliberate targeting by Tehran and by its proxy Hezbollah of civilian areas in Israel and in other neighboring states violates all humanitarian norms and is absolutely prohibited.
Apr. 2, 2026
Alan Baker
Georgetown University
U.S. News
Federal judge dismisses $10 million lawsuit against Georgetown, Jewish student, Canary Mission
“It’s a great victory for the First Amendment right to free speech, including the right to draw attention to bigotry and hateful speech,” Paul Eckles, of the Brandeis Center, told JNS. “We commend our client for having the courage to speak out.”
Apr. 1, 2026
Mike Wagenheim, Aaron Bandler
US Capitol Congress
U.S. News
Republicans agree to Senate DHS funding proposal to end partial shutdown
U.S. President Donald Trump appears to have precipitated the move by demanding congressional action in a social media post earlier on Wednesday.
Apr. 1, 2026
Andrew Bernard
University of Washington
U.S. News
University of Washington removes Middle East center director, who wrote email blaming Israel for Iran war
JNS sought comment from Aria Fani and received an autoreply, “On leave until September. Will not check email with capitalist frequency.”
Apr. 1, 2026
Jessica Russak-Hoffman
Benjamin Franklin Statue at University of Pennsylvania
U.S. News
Judge orders Penn to provide info about Jewish staff in federal probe
A spokesman for the Ivy told JNS that the school believes being required “to create lists of Jewish faculty and staff, and to provide personal contact information, raises serious privacy and First Amendment concerns.”
Apr. 1, 2026
State Department
U.S. News
State Dept revamps diplomat training, drops diversity-aligned test questions
The new program adds “America First foreign policy lectures” and shifts focus to merit and core diplomatic skills.
Apr. 1, 2026
U.S. President Donald Trump
JNS TV / Israel Undiplomatic
Trump’s Iran strategy explained
Mar. 31, 2026
Ruthie Blum, Mark Regev
THE COLUMN
Stephen M. Flatow. Credit: Courtesy.
Column
America learned to seize Iranian assets, but not to keep them
Stephen M. Flatow
Jonathan S. Tobin
Column
Is the anti-Trump resistance also anti-Israel?
Jonathan S. Tobin