With cybercrime now one of the top four economic crimes facing governments and companies globally and a quarter of all economic crime committed in the past year cyber based, the need for greater information security strategy and awareness has never been greater.
The UK Government’s recent announcement of strategies and initiatives to safeguard critical infrastructure and systems is a welcome indicator of the shape of things to come, as information security climbs rapidly up the corporate and government agenda. The UK Government's announcement of a pilot programme to bolster co-operation between state and private information security professionals, along with the proposed establishment of a cyber crime unit within the National Crime Agency by 2013 are very welcome developments.
Today, key industry figures have gathered in London for the Cyber Security Summit . At a time when the online rules of engagement are changing, governments and businesses around the world are looking to meet challenges head-on, it's clear that the information security market is set for significant growth over the coming years. Exciting times lay ahead for the industry and Clearswift is very excited to announce the beginning of a new chapter for us, following our acquisition by mid-market growth investor Lyceum Capital.
The deal will allow Clearswift to increase our focus on content-aware security solutions as well as broaden our software range, acquire further technical capabilities and develop our geographical reach.
As part of this new chapter, we welcome highly experienced software entrepreneur and former CEO of IRIS Software, Martin Leuw as our new Chairman. Under Martin's leadership, IRIS grew in value from £30m-£500m in 10 years, transforming it into one of the UK's largest privately-owned technology companies. Martin is joined on our board by Lyceum Partners Jeremy Hand and David Harland.
Clearswift will be gaining some excpetional experience and knowledge to support the business through the next phase of growth and we're looking forward to a bright future. Our heritage in content inspection and flexible policies, backed up with excellent service, makes us exceptionally well positioned to meet customer needs in a world where social media and web technologies are rapidly transforming the way we all do business.
Full details are available here