Department for International Trade
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Government announces support for cyber security companies to protect UK and allies

The government is launching a new strategy to support the export of cyber security technology.

International Trade Secretary Dr Liam Fox will launch the government’s new Cyber Security Export Strategy today (Monday 26 March) to promote the UK’s world-leading expertise and strengthen defence capabilities in the UK and allied countries.

With recent cyber attacks threatening NATO countries as well as large global and UK organisations, the government is urging businesses from both the UK and allied countries to ensure they have the best security possible.

Dr Fox said today’s strategy will help the UK’s 800 cyber security companies to win contracts that provide security for high profile international buyers and protect networks across the world.

UK cyber exports overall totalled £1.5bn in 2016, and global demand for software products to protect digital systems from vulnerabilities continues to grow, with total spend expected to exceed £759 billion by 2021.

This new cyber security export strategy supports the ongoing work of the 2016 National Cyber Security Strategy. The 2016 strategy provided £1.9 billion of transformative investment in cyber security, which is being used alongside more conventional land, maritime and air capabilities, to meet these threats head-on.

International Trade Secretary, Dr Liam Fox, said:

Recent events show that the UK faces a diverse range of threats from hostile state actors. So in an increasingly digital world, it’s vital that we improve our cyber capabilities, which are crucial for national security and prosperity.

The strategy I am publishing today will support UK companies to export our world-leading cyber security expertise, which will help strengthen our capabilities, and protect our country and our allies from those who wish us harm.

This new strategy has been developed with industry and comes with robust export control regimes which will safeguard human rights.

The launch is backed by ADS, the UK trade association for the security sector, who say the export strategy is an important step to help the UK’s world-leading cyber security companies reach new markets and continue to grow.

ADS Chief Executive, Paul Everitt, said:

Public and private organisations in the UK and around the world are facing rapidly evolving cyber security threats. In the UK we have a diverse range of companies able to provide world-leading expertise and innovation to combat these threats.

The UK’s cyber security exports are already worth £1.5bn a year and we expect this area of activity to continue offering the strongest export growth in the security sector in the years ahead.

This new strategy announced today can help the sector continue to grow, make a greater contribution to national prosperity, and protect the UK and our allies from threats in cyberspace.

Background

The strategy follows the Department for Digital, Culture, Media and Sport’sinvestment in 2 world-class cyber innovation centres in Cheltenham and London. The ground-breaking partnership between government and tech start-ups will develop world-leading technologies to protect the UK and organisations overseas from cyber attacks.

The Cyber Security Export Strategy sets out 3 commitments from the Department for International Trade (DIT) to UK cyber companies:

  1. Pursue: in priority markets DIT will act as a trusted advisor to support UK companies bidding for major opportunities, primarily selling to overseas governments and critical national infrastructure providers.
  2. Enable: DIT will curate bespoke offers for the top buyers in these sectors worldwide, running trade missions and pitching UK companies to address identified capability gaps.
  3. Respond: to showcase the best of UK cyber security updated branding and marketing will be developed and deployed around the globe alongside new cyber security content on great.gov.uk.

 

Channel website: https://www.gov.uk/government/organisations/department-for-international-trade

Original article link: https://www.gov.uk/government/news/government-announces-support-for-cyber-security-companies-to-protect-uk-and-allies

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