Ireland’s cybersecurity strategy to enhance economic and employment opportunities

A key goal of the recently reviewed National Cyber Security Strategy is to develop the capacity of the State, educational and research institutions, businesses (including SMEs), the voluntary sector and public sector when it comes to protecting ourselves, our data and our networks online.

Collective effort for cybersecurity industry

The Strategy highlighted that a collective effort is needed not only for resilience but also to realise economic and employment opportunities. In recognition of this, the review called for the development of a ‘whole of government’ strategy for empowering the cyber industry in Ireland.

Realising a diverse, skilled workforce, a mature research community that engages at a global level and a vibrant export-oriented indigenous industry is a shared responsibility, involving the national industry cluster Cyber Ireland. The Strategy is critical; its aims and objectives are reflective of some of the key policy goals within my department, and we plan to act on its recommendations.

Cybersecurity industry driving economic growth

Ireland, as a digitally advanced economy, relies heavily on cybersecurity expertise. This is evidenced by the large number of multinational firms based here that serve European and global markets. There’s also a growing number of indigenous businesses focused on cybersecurity, ably supported by Enterprise Ireland.

The recently published consultation paper on a draft industrial strategy ‘Harnessing Cyber as an Engine of Economic Growth’ references the number of firms at almost 500, employing over 7,300 professionals with an annual contribution of over €1.1 billion to the economy. The cybersecurity industry is largely comprised of multinational firms from like-minded international partners, with indigenous enterprises being part of their value chains.

Investment in cybersecurity education and innovation

Ongoing financial support for training and education is essential to growing the cybersecurity talent pool. With increasing geopolitical and regulatory challenges, there’s a need, particularly for SMEs, to fully avail of market access to the rest of the EU.

Sustained investment in a dedicated facility for research and innovation helps improve research expertise in cybersecurity with emerging disruptive technologies (ie. AI, Quantum, 6G, etc.). Additionally, partnerships with select multinational firms help secure and maintain their longer-term commitments to Ireland.

There is an economic opportunity to grow Ireland’s industrial sector by partnering with established local firms, attracting multinational firms and providing higher-value employment. That, in turn, enhances national cyber resilience. Our dual aims work well together, and the Government continues to monitor and support this symbiotic, critical relationship.