Exporting cyber security services to the world The UK is the third largest exporter of cyber security services globally, worth £4.2bn in 2020. Cyber security exports have doubled in growth since 2018 and they already far exceed the 5-year target of £3bn by 2023, set in 2018. The future of cyber insurance - next steps for the London Market 20% of all cyber insurance flows through the City of London. Discover the ambition for London to become the pre-eminent global hub for cyber insurance, the benefits this will have for the broader UK, and how the London cyber security ecosystem and insurance industry can collaborate to achieve this. Read the full report Phenomenal growth The UK cyber market grew 14% in 2021, double the growth on the previous year Phenomenal growth Established community There are over 470 established cyber security product and service providers within London alone Established community Access to finance 2021 was a record-breaking year for cyber security investment in the UK, raising over £1bn across 84 deals Access to finance There are more than 1,800 cyber security companies in the UK UK capital investment in cyber security highest in Europe The UK employs more than 50,000 people in the cyber security sector in 2021. This represents growth of 13% since 2020 Partner story iProov: 'The quality of computer science expertise is unrivalled.' iProov: 'The quality of computer science expertise is unrivalled.' partner story LORCA: 'The UK has always had, and will always have, a global mindset.' LORCA: 'The UK has always had, and will always have, a global mindset.' see more case studies "The pool of skilled staff in technology, marketing, sales and operations that we can access here in London is unrivalled anywhere else." Andrew Bud, Chief Executive and Founder iProov "The Financial Conduct Authority is considered by international regulators as one of the most progressive and supportive bodies approaching innovation. They are very happy to work with and talk to emerging technology businesses in the finance sector." Asif Faruque, Head of Content Level39 1 2 Everything you need The UK offers you everything you need to grow your business. We have a global outlook, which means we understand your business needs. The depth and breadth of our offer mean unparalleled opportunities for you to grow. Innovation is what we do - creating an inspirational ecosystem where you can thrive. Choose the UK Innovation Open and global Business environment Opportunity Talent Industries A UK-wide offer Need more information? The City of London Corporation London & Partners Great Campaign TheCityUK Innovate Finance Association for Foreign Banks Association of British Insurers The Investment Association AFME UK Finance