According to the Department for Culture Media and Sport (DCMS) around 50,000 people are currently employed in the United Kingdom’s cybersecurity sector. And the industry is continuing to grow. Between 2019 and 2020, the number of companies operating in the field increased by 21% to a total of 1,483.
A buoyant sector, then, but just how much scope is there for new companies to launch and grow in a market that is arguably more than adequately served by established names and early-stage hopefuls? Well, according to Saj Huq – Director of Innovation at co-working center, Plexal – the cybersecurity sector may be “noisy” in terms of the number of players and solutions vying for attention but there are gaps that need to be filled. Innovation is still required.
And last week, Plexal – which operates both as a co-working facility and an innovation hub – announced the launch of Britain’s “largest” cyber accelerator. Dubbed the Cyber Runway, the initiative aims to assist 160 companies…