In an increasingly digital world, the importance of robust cybersecurity measures cannot be overstated. As cyber threats continue to evolve and grow in sophistication, nations worldwide are stepping up their efforts to safeguard their digital infrastructure and protect their citizens, businesses, and institutions. Today we are taking a significant stride in addressing the ever evolving cyber threats by creating new opportunities in Ireland and the UK with the launch of our European Cyber Intelligence Centre of Excellence.
Our Centre of Excellence will serve as the central hub for new and existing customers to work with us to gain insight on the current European and global threat landscape, and to better understand how they might be affected. Additionally, customers will have access to our global intelligence operations analyst team, who continuously analyze emerging threats – highlighting critical risks and applying global threat intelligence.
The Government of Ireland, through the IDA, has played a pivotal role in fostering an environment conducive to cybersecurity innovation. By providing support to companies like Centripetal, Ireland is actively promoting the development and growth of the cybersecurity industry. The collaboration between IDA Ireland and Centripetal will bring 50 cybersecurity jobs to Galway, which showcases the government’s commitment to leveraging expertise and creating valuable employment opportunities within the country.
According to the International Trade Administration, the cybersecurity market in Ireland is thriving, valued at €280 million. However, with economic crime and fraud on the rise in recent years, cybercrime is extremely disruptive in its impact on the business community. Grant Thornton Ireland reports that the cost of cybercrime in Ireland exceeded €9.6 billion in 2020. With the opening of the European Cyber Intelligence Centre of Excellence in Galway, we are bringing our innovative, patented technologies to the European market to protect organizations from every known cyber threat.
As cyber threats continue to evolve, everyone at Centripetal remains committed to staying at the forefront of global intelligence powered cybersecurity initiatives across Ireland and the UK. This will be achieved by investing in the country’s talent development, R&D, and strategic collaboration with Ireland IDA to further help shape the future of intelligence powered cybersecurity. Interested in learning more? You can find us here.