Wales is to gain a £9.5 million innovation hub as part of the country’s drive to become a global leader in cybersecurity.

The Welsh government will invest £3 million in the hub over two years, while the Cardiff Capital Region will dish out £3 million. A further £3.5 million will come from in-kind match funding from consortium partners.

The new hub, which will be led by Cardiff University alongside partners, is expected to be operational by the end of the year.

Partners of the new facility will include Airbus, Alacrity Cyber, CGI, Thales NDEC, Tramshed Tech, and the University of South Wales.

The facility aims to train over 1,000 cyber-skilled people and grow the cybersecurity sector in Wales by over 50 per cent by 2030.

There are currently 51 cyber-related businesses based in Wales, employing 4 per cent of cyber security professionals based in the UK.

“The Welsh Government is proud to co-fund Cyber Innovation Hub’s mission to transform Cardiff Capital Region into one of the UK’s leading cyber clusters by 2030,” said first minister, Mark Drakeford. “The pandemic has highlighted just how important cyber innovation is in supporting and protecting information-sharing whilst offering data and insight to help keep the region moving and growing.”

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