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Home » Blog » CBI Director Applauds Our Flourishing Cyber Security Sector

CBI Director Applauds Our Flourishing Cyber Security Sector

July 26, 2022 By //  by Des Ingham Leave a Comment

CBI Director in Northern Ireland Angela McGowan has lauded the cyber security sector, believing that many NI firms are leading the way with regards to cyber resilience. Writing in an article in the Irish News she writes that the CBI will continue to provide valuable support to all their cyber members.

Northern Ireland Continues To Show Its Economic Mettle

cyber security

Below is an excerpt from the article:

“DESPITE trying external pressures, Northern Ireland continues to show its economic mettle.

“Latest ONS data shows that GDP is continuing to exceed pre-pandemic levels – with some sectors particularly thriving and firmly placing Northern Ireland on the world map.

“Top of that list is our flourishing cyber security sector. The cyber security threat has been growing in recent years, whether criminal organisations or aggressive state actors.

“We’ve seen highly publicised attacks on public institutions, individuals and of course, businesses.

“I’m proud to say that NI firms are leading the way on cyber resilience. Boasting over 100 cyber security businesses, who employ over 2,000 people, Northern Ireland is renowned for its cutting-edge excellence and expertise.

“Companies such as Vertical Structure, Nimbus and Proofpoint are just a few of many great examples.

Over £5 Million Investment In Research & Development

“Which is why it was good to see Economy Minister Gordon Lyons announce that Queen’s University Belfast and software company NVIDIA will invest £5.4 million in a research and development project to, in part, accelerate cyber security research in Northern Ireland. Just one of many actions to back the sector locally.

“I’m also delighted that this recognition isn’t just confined within the region too. Belfast has now been ranked as the top international investment location for US cyber security firms.

“We at the CBI will continue to help our cyber members propel that competitive advantage forward – both at home and abroad.

“Companies outside of the industry also realise that taking cyber-security seriously is crucial to keep their business on the front foot, as well as the wider economy. Now more than ever, firms must work to bolster their defence against potential cyber risks.”

It is great to see so many firms in NI in the cyber security sector punching above their weight and becoming such a force in this area of expertise. It is a very important sector and in fact we have always done rather well in the digital world and continue to make great progress. It is also good that these businesses are being recognised and supported by the CBI.

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