Cyber Ireland Cluster To Make Ireland A Global Cybersecurity Powerhouse

Industry group wants to ensure Ireland has the talent and the infrastructure to help tackle a global $6trn cybercrime problem.

The Irish cybersecurity cluster, Cyber Ireland, has been officially launched after engagement with more than 90 companies, 15 academic organisations and 13 Government agencies.

The goal of the cluster is to make Ireland a global cybersecurity leader from the point of view of talent and skills, research and innovation, boosting SME exports, and attracting foreign direct investment (FDI).

‘This cybersecurity cluster will ensure that the country makes the most of the potential for new job creation and innovation’

– MARTIN SHANAHAN

“The strength of the cluster will come from a joined-up, national approach, as any one organisation or region is too small to compete internationally with other strong international cybersecurity clusters in the UK, the Netherlands, Estonia and Israel,” said Jacky Fox, vice-chair of the cluster’s board.

Launched yesterday (20 May) in Cork, the organisation’s board is made up of senior industry representatives from companies that include McAfee, Forcepoint, IBM, JRI America, HPE, Ward Solutions and Qualcomm. It also includes academic institutes and research centres such as Cork Institute of Technology, University of Limerick and University College Dublin, and Government agencies such as IDA Ireland, Enterprise Ireland and the National Cyber Security Centre.

“This cybersecurity cluster will ensure that the country makes the most of the potential for new job creation and innovation by addressing key challenges around skills needs, enhancing research and innovation, [and] the development of a national community which connects industry, academia and government,” said Martin Shanahan, CEO of IDA Ireland.

“The strength of the cluster will come from a collaborative, national approach, and IDA Ireland are very excited to be supporting this initiative.”

By 2021 the value of cybercrime damage is expected to hit $6trn (€4.85trn) annually according to Cybersecurity Ventures, a figure representing nearly 10pc of the world economy.

“The launch of Cyber Ireland, Ireland’s cybersecurity cluster, is an important leap forward for the industry in Ireland,” said Minister for Equality, Immigration and Integration David Stanton, TD.

“This innovative collaboration between Government, industry and academia will serve as a platform for the industry here to continue to grow and compete globally. I am confident that the establishment of this new cluster here in Cork, and the presentation of the cluster board, will help to ensure that Ireland remains at the forefront of this fast-growing and strategically important sector.”

RECENT NEWS

Reassessing AI Investments: What The Correction In US Megacap Tech Stocks Signals

The recent correction in US megacap tech stocks, including giants like Nvidia, Tesla, Meta, and Alphabet, has sent rippl... Read more

AI Hype Meets Reality: Assessing The Impact Of Stock Declines On Future Tech Investments

Recent declines in the stock prices of major tech companies such as Nvidia, Tesla, Meta, and Alphabet have highlighted a... Read more

Technology Sector Fuels U.S. Economic Growth In Q2

The technology sector played a pivotal role in accelerating America's economic growth in the second quarter of 2024.The ... Read more

Tech Start-Ups Advised To Guard Against Foreign Investment Risks

The US National Counterintelligence and Security Center (NCSC) has advised American tech start-ups to be wary of foreign... Read more

Global IT Outage Threatens To Cost Insurers Billions

Largest disruption since 2017’s NotPetya malware attack highlights vulnerabilities.A recent global IT outage has cause... Read more

Global IT Outage Disrupts Airlines, Financial Services, And Media Groups

On Friday morning, a major IT outage caused widespread disruption across various sectors, including airlines, financial ... Read more