Twelve of Australia’s leading security specialists will showcase cyber credentials in the UK this week, as part of a Government-backed delegation.
In joining the Australian British fintech cyber catalyst, attendees include Aiculus; Airlock Digital and Aleron, alongside Covata; CYDARM Technologies and Forticode.
Rounding off the group is Huntsman Security; HyperIntel and Prophecy International, in addition to Randtronics; WithYouWithMe and Your Digital File.
In total, Minister for cyber security Angus Taylor is leading the delegation of more than 60 Australian cyber security and fintech industry leaders, who will share best practice with UK counterparts during the visit.
“The Australian British fintech cyber catalyst leverages the long-standing relationship to deepen bilateral trade and investment opportunities, while also bolstering each country’s indigenous cyber security and fintech capabilities,” Taylor said.
“The relationship between the cyber security and fintech industries is emerging as an extremely important and strategic alliance globally.”
Minister Taylor said the “proud history” between both countries on national security and trade matters paves the way for Australia’s “burgeoning cyber security industry to explore new business opportunities”.
“This is a unique opportunity for Australian businesses to expand into the UK market and collaborate on cyber security solutions, as well as bring the innovations back home to boost our domestic market,” he added.
The delegation has been organised by the Australian British Chamber of Commerce in partnership with AustCyber - the Australian Cyber Security Growth Network, which was established and funded by the Australian Government.
“Delegates are exploring issues in regtech, payment, software and big data, all with an underlying theme of security,” AustCyber CEO Michelle Price added.
“The global cyber security market is projected to reach over US$251 billion by 2026, and initiatives such as the Australian British fintech cyber catalyst ensure that Australian companies - and our economy - are positioned to benefit from this increased demand.”
Price said the delegation will engage with regulators, government representatives, investors, start-ups, scale ups and buyers, as well as visit leading-edge facilities at Hartham Park and the ARK data centre.