Mr. Shwed is considered the inventor of the modern Firewall and holds several patents, such as the company's Stateful Inspection technology. Mr. Shwed has received numerous accolades for his individual achievements and industry contributions, including an honorary Doctorate of Science from the Technion – Israel Institute of Technology, the World Economic Forum's ‘Global Leader for Tomorrow’ recognition for his commitment to public affairs and leadership in areas beyond immediate professional interests, and the Academy of Achievement's Golden Plate Award for his innovative contribution to business and technology. Mr. Shwed is a member of the Board of Trustees of Tel Aviv University.