UK firms win £254m cyber deals in year

Prime Minister David Cameron. : Peter Byrne/PA Wire
Prime Minister David Cameron. : Peter Byrne/PA Wire

The UK’s reputation as a world leader in cyber security saw the industry secure £254 million of exports to the US in 2013, with many more in the pipeline.

To capitalise on this, a new support package has been announced to help UK cyber firms win even more contracts in the £43-billion-a-year US cyber market – the biggest in the world.

Prime Minister David Cameron gave a clear signal of his support for the cyber security sector this week as a UK Trade and Investment delegation of cyber SMEs was invited to travel to the US to showcase the UK to the US market.

The delegation will on Saturday join the PM at a breakfast event with US cyber security firms and potential investors hosted by the global tech start-up hub 1776.

They will have the opportunity to showcase the work being done by UK firms.