In order to provide appropriate responses to the specific demands of the French, British and German sovereignty, the business of Cassidian CyberSecurity will initially be entrusted to three dedicated national companies under the umbrella of a global cyber security organization.
Cassidian CyberSecurity’s portfolio of products and services is built upon three pillars:
- Cyber Defense & Professional Services, aimed at providing high-level professional services (such as attack analysis and response, risk management, audits of security infrastructure architectures) and implementing operation centers dedicated to security supervision of Scada and IT systems. These security operation centers, enabling the provision of remote-operated cyber security services, will be initially based in the 3 launch countries of France, Germany and the United Kingdom.
- Trusted Infrastructure, for implementing national and European high-security trusted solutions and developing technologies (e.g. cryptography, digital identity management) in accordance with regulatory and national sovereignty requirements.
- Secure Mobility, to provide next generation security products and services for industry and governments in the form of mobile equipment (voice, data, applications) and deployable communication nodes.
Stefan Zoller, CEO of Cassidian, commented: “The creation of Cassidian CyberSecurity reinforces Cassidian’s strategy in security, in which it already has strong dedicated capabilities. This market segment is very dynamic and we expect significant growth.”
The cyber security sector is experiencing a dramatic rise in the number and level of sophistication of threats, covering attacks from nation states, through to terrorist groups, “hacktivists”, criminal gangs and more conventional hackers. In 2010, this market was estimated at € 50 billion.
Hervé Guillou, CEO of Cassidian CyberSecurity, explains: “The creation of Cassidian CyberSecurity offers dedicated national entities, able to build trust-based relationships with national agencies, industries and critical infrastructure operators initially within our three launch countries of France, Germany and the United Kingdom.”
In order to support its ramp-up, Cassidian CyberSecurity will be creating a cyber training centre. This growth strategy will also encompass strategic acquisitions to obtain new skills, secure key sovereign technologies in Europe and achieve critical mass in the European market. The aim is to reach sales of above € 500 million by 2017.
A dedicated Research and Development effort will underpin the new organization and 20% of the company’s planned investment will be devoted to R&D.
