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<p>The Government is delivering an ambitious programme of work through the £2.6 billion
National Cyber Strategy, including comprehensive support to the cyber industry to
foster the growth of a sustainable, innovative and internationally competitive cyber
and information security sector in order to raise the level of cyber resilience across
the economy. The need for increased cyber resilience is real. In 2021, the UK ranked
third behind the US and Ukraine in terms of incoming malicious cyber-activity linked
to nation states (between July 2020 to June 2021).</p><p>The Government is delivering
programmes to improve the UK’s cyber resilience, such as investing in protecting public
services, enforcing security standards to protect consumers, promoting best practice
through Cyber Essentials certification, and raising awareness through the “Cyber Aware”
campaign. The proportion of businesses suffering a cyber attack has decreased overall
over the past five years, but 39% of businesses still suffered a breach within the
past year.</p><p>In 2021, cyber sector revenue exceeded £10 billion for the first
time and the sector attracted over £1 billion of investment. To support innovators
and entrepreneurs the government funds Cyber Runway, which has already helped over
200 cyber security companies develop and grow. To commercialise academic cyber research,
the government funds CyberASAP which has spun out 20 companies and attracted significant
investment.</p><p>We work with local partners to drive the growth of the cyber sector
across the UK and fund the UK Cyber Cluster Collaboration (UKC3), a network of regional
cyber clusters across the UK who help drive local skills and cyber sector innovation
programmes linking to local growth opportunities.</p><p>The UK has a number of geographic
areas that host world class cyber capabilities, including Cheltenham where the government
is supporting the development of the Golden Valley campus led by Cheltenham Borough
Council dedicated to supporting the growth of cyber-related technology businesses
and resulting wider growth potential.</p><p>We are still considering the proposals
put forward to the Call for Information, and we will inform Parliament shortly of
the way forward on the review of the Computer Misuse Act.</p>
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