1. Customers
As one of the world's most digitised societies, the capital's market is ready and waiting with a diverse base of customers – 92% of 16-74 year-olds shop online in the UK, the highest amount in Europe.[1]
2. Talent
London and the UK attract top experts and the numbers prove it. The UK has the largest cyber security workforce in Europe at 365,823, with 27% of cyber jobs based in London.[2]
3. Research
Few global cities can match the vibrancy of London's research environment. Academia, business and government are energised by collaboration, with backing from four London universities recognised as Academic Centres of Excellence in cyber security research.[3]
London is quite simply the best place for TradingHub to be located as our staffing needs require finance experience, coding expertise and graduates with strong results from great universities.TradingHub
4. Government support
Cyber companies in London fully support the government's £1.9bn investment to the UK's National Cyber Security Strategy, rolling out until 2021. Their mission is simple: to make Britain "the safest place in the world to live and do business online".[4]
5. Investment
London cyber security firms raised $768m in the first eight months of 2021, which is more than the total funding for 2020.[5] London-based Darktrace, which uses AI to detect cyber attacks, saw its shares soar when it priced its initial public offering at £1.7bn, becoming one of the biggest new tech listings in London this year.[6]
See London's cyber security facts
Sources:
- Eurostat, 2021
- (ISC)² Cybersecurity Workforce Study, 2020
- National Cyber Security Office
- ComputerWeekly.com
- Dealroom, 2021
- Financial Times, 2021
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