UK Cyber Sector Revenue Rises as Cyber Resilience Grows
📈The UK cybersecurity sector generated £14.7bn in revenue last year and contributed £9.1bn in gross value added, the government reported on 13 May. Employment rose to nearly 70,000 and the number of firms climbed to 2,603, with AI-focused cybersecurity vendors growing sharply. The government unveiled the Cyber Resilience Pledge and plans legislation via the Cyber Security and Resilience Bill to tighten standards. Experts warn that advances in AI increase risks and call for stronger, harmonized incident reporting and defences.