in Defence / Security

DCMS publishes UK Cyber Security Sectoral Analysis and Deep-Dive Review

Posted 2 November 2018 · Add Comment

The Department for Digital, Culture, Media and Sport (DCMS) has this week released their UK Cyber Security Sectoral Analysis and Deep-Dive Review, published in collaboration with RSM and the Centre for Secure Information Technologies (CSIT).



Following Government’s commitments within the National Cyber Security Strategy 2016-2021 this study is intend to provide Government with an estimate of the size and scale of the UK Cyber Sector.

This detailed examination of the sector includes statistical analysis around the number of UK cyber security companies, the sector’s contribution to the UK economy (through revenue and GVA), the number of personnel employed in the sector, and the products and services offered by these firms. This review also explores the investment and funding available to the sector for growth and development, as well as support for training and development and labour supply. 

Key headlines include:

  • RSM estimate that there are currently 846 firms actively providing cyber security products or services in the UK.
  • RSM estimate that the cyber security sector’s total revenue in FY2015/16 was £5.7bn.
  • RSM estimate there are c. 31,300– 40,000 staff (FTE) employed in the UK cyber security sector. For transparency, this includes staff within firms providing cyber security products and services, but does not include CISOs, or support staff.
  • The majority of firms are active in providing Network Security, Information Risk Assessment & Management and Cyber Professional Services.
  • 89% of the firms are SMEs and collectively drive £1.5bn (26%) of the sector’s revenues. The larger firms (11%) earned £4.2bn (74%) in cyber security revenues in FY2015/16.
  • In the past five years (2012-17), the number of firms active in the sector has grown by over 50%, with over 100 new business registrations in the market within the past two years, representing a surge in new entrants to the market.


To access the full report please click here .

 

* required field

Post a comment

Other Stories
Advertisement
Latest News

Loganair awarded Derry to Stansted PSO route

Loganair has been selected as the new operator for the Public Service Obligation (PSO) contract to secure Derry’s sole air service to London, following the weekend’s news that previous operator flybmi has entered insolvency.

Teacher engineers herself a career change

One young woman from Ballyclare has engineered herself a new career.

IATA releases 2018 Airline Safety Performance data

The International Air Transport Association (IATA) released data for the 2018 safety performance of the commercial airline industry showing continuing safety improvements over the long term but an increase in accidents compared to

PTC and IFS partner on field service management for A&D

IFS and PTC today announced they have entered into a definitive agreement for a strategic collaboration expected to increase value for customers who differentiate their brand on service excellence and asset readiness across

T1 trainer makes first flight at RAF Valley

The first flight of the Texan T1 training aircraft has been completed at RAF Valley.

NSC extends JSCSC service

Simulation, training and consultancy specialist NSC is to stretch its unbroken service to the UK Defence Academy’s Joint Services Command and Staff College (JSCSC) beyond the 21-year mark.

ODU 0201311219
See us at
Airborne ISR & C2 Battle ManagementSMIFAVWS BT1302060619Aviation Africa 2019