The UK government's cybersecurity sector has been recognized as a crucial economic growth driver, generating £13.2 billion last year and creating over 6,600 new jobs. Feryal Clark from the DSIT emphasizes its importance for economic resilience and the deployment of emerging technologies. Experts like Andy Kays argue that the sector's true value is underestimated and that addressing key challenges could unlock even greater potential for growth, indicating a need for strategic improvements to maximize contributions from this vital area.
Cybersecurity is critical to our economic resilience and underpins the deployment of all emerging technology, but also routine transactions, from banking to social media.
£13bn is a lot of money but the real value added to the UK economy by the cybersecurity market is incalculable. There is so much more potential.
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