The national program’s priority will be to reinforce the French cybersecurity sector.
It’s getting urgent. Cyberattackers have become more professional, and have even gone so far as to industrialize their modi operandi to maximize impact on their victims. The national program’s priority will be to reinforce the French cybersecurity sector. In order to achieve that, the country will be investing €1 billion by 2025, including €720 million from the government, and the rest from the private sector.
Just over half of that investment, €515 million, will be dedicated to R&D projects and to developing a sovereign offer by supporting the activities of all the players in the ecosystem: start-ups, innovative small- and medium-sized businesses, large corporation, research labs and more.
€25 billion annual revenue goal for 2025
Led by industry standard-bearers (Airbus, Orange Cyberdefense, Atos, Thales, Sopra Steria and others), the sector counts some 37,000 jobs and generates total annual revenue of €7.3 billion. The goal is to double the number of employees and to reach €25billion for 2025.
The goal is also to hatch French unicorns (startups valued at over €1 billion). The country currently has several fast-growing companies, including Vade Secure (e-mail security), GateWatcher (threat detection), and CybelAngel (data-leak detection).
Several fields – including protecting smart objects, cybersecurity for transportation, security for small- and medium-sized businesses – are all considered high priorities.
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