Sweden - Cyber SecuritySweden - Cyber Security
OverviewSweden is one of the most well-connected countries in the world with over 95 percent of the population having access to internet. With ever-growing online activity, reported instances of cybercrime are on the rise. A recent Symantec survey estimated that in 2017, every 5th Swede was exposed to some form of cybercrime, resulting in total financial losses of almost USD 4 billion. Furthermore, according to the Swedish National Defense Radio Establishment (FRA), there were over 10,000 attempted cyber security attacks against Swedish entities every month during 2017.
In June 2017, the Swedish government launched a national strategy for cyber security to comply with the EU Directive on network and information systems security with the following six priority areas:
- securing a systematic and comprehensive approach in cyber security efforts;
- enhancing network, product, and system security;
- enhancing capability to prevent, detect, and manage cyberattacks and other IT incidents;
- increasing the possibility of preventing and combating cybercrime;
- increasing knowledge and promoting expertise; and
- enhancing international cooperation.Furthermore, in June 2018, the Swedish government passed a new law on IT security for critical and digital service sectors that will apply to operators of network services in seven societally important sectors: (1) energy, (2) transportation, (3) banking operations, (4) financial infrastructure, (5) healthcare, (6) drinking water supply, and (7) digital infrastructure. The law will come to effect on August 1, 2018, and it stipulates the operators to take appropriate security measures to protect the networks and to report serious incidents to the relevant national authority.
|Unit: USD millions||2015||2016||2017||2018 (Estimated)|
|Total Local Production||576||623||758||765|
|Imports from the US||82||86||90||94|
|Total Market Size||1.000||1.050||1.200||1.225|
Please note that the local production data is based on industry estimates
Global Trade Atlas
U.S. Department of Commerce Bureau of Economic Analysis
SCB – Statistics Sweden
- Application Security: vulnerability assessment and analysis tools, patch management software, content filtering and monitoring software;
- Identity and Access Based Services: intrusion detection systems, authentication systems, anomaly detection & prevention systems, messaging security, access management systems;
- Situational Awareness: Deep & Dark Web investigation services, attack trend analysis services, intrusion response services;
- System Recovery and Data Cleansing: automated data cleansing tools, validation and verification tools, de-duplication software.
The public sector and critical infrastructure sectors (transportation, energy, and communications) account for roughly 30 percent of the cyber security solutions demand. Investments in cyber security are expected to continue to grow in 2018 due to both an overall increase in IT security awareness and the new regulatory frameworks. Other sectors with high IT security demand are the financial (fintech) and advanced manufacturing sectors. Fintech companies account for 20 percent of all private sector IT spending, and according to a 2017 FICO/Ovum Swedish fintech market survey, 80 percent of the companies interviewed for the survey are planning to further improve their corporate IT security through 2019.
The legacy manufacturing companies are in the process of digitalizing parts of their production with increased systems’ integration, connected devices, and both raw and analyzed data moving to cloud-based platforms. Industrial cyber security has a wider scope than traditional IT security, as it involves the company’s products and production processes with sensitive IPR information Demand for applications such as enhanced Industrial Control Systems (ICS) capabilities and operational technology (OT) security platforms is increasing.
There is no national database for public sector contracts in Sweden. Instead, the contracts are available on several private sector databases, listed on the National Agency for Public Procurement website. Procurements that exceed specific contract values, are also published in the EU database TED.
Data Inspection Board (http://www.datainspektionen.se/in-english)
Internet Security (https://www.informationssakerhet.se)
Swedish Civil Contingencies Agency (https://www.msb.se/en/)
Swedish Cyber Security Policy (http://www.government.se/government-policy/ict-policy/)
Swedish Post and Telecom Authority (https://www.pts.se/en-GB/)
Nordic IT Security, Nov 15, 2018, Stockholm
SecTech Sweden, November 19 - 20, 2019, Stockholm
Local Commercial Specialist: Tuula Ahlstrom, email@example.com
Sweden Information and Communication Technology Safety and Security Trade Development and Promotion