State of the Cyber Security Sector in Ireland Launch
We are please to announce that our members can watch the State of the Cyber Security Sector in Ireland Launch. This inaugural report was officially launched on Friday, May 13th, the inaugural State of the Cyber Security Sector in Ireland Report was officially launched by Minister Ossian Smyth, Minister of State at the Department of Public Expenditure and Reform at IDA Ireland.
Ireland's Cyber Strength's & Opportunities
- Ireland is well placed as an enterprise-friendly point of entry into the European Union and is home to a highly-skilled, English-speaking workforce.
- Ireland has a range of pro-trade and investment policies which encourage the development of high-value-added industry clusters, and the national strategy recognises the importance of cyber security in supporting Ireland’s digital economy. It is also in a strong position to promote relevant assets to potential investors, and showcase outputs delivered by its network of R&D facilities.
- Ireland hosts approximately 30% of EU data and is ranked 7th out of 28 EU member states in the European Commission Digital Economy and Society Index (DESI) 2019.
- Ireland is home to the highest proportion of cyber security leaders globally, these are firms that achieve “significantly better results from their cyber security technology investments than other organisations”, delivering and developing solutions at the highest standard within industry, which showcases the current standard and skill-level of the cyber security workforce
- The cyber security sector is growing (with respect to the workforce) in Ireland by a similar magnitude to international growth (at a rate of 10%+ per annum). This suggests that based on the current baseline estimates, Ireland’s cyber security ecosystem could support up to €2.5bn in annual GVA and the employment of over 17,000 cyber security professionals in the sector by 2030