A delegation of more than 60 Australian cyber security and fintech industry leaders is attending the event, led by Law Enforcement and Cyber Security Minister Angus Taylor, in a bid to stitch up business deals.
The 12 companies are Aiculus, Airlock Digital, Aleron, Covata, CYDARM Technologies, Forticode, Huntsman Security, HyperIntel, Prophecy International, Randtronics, WithYouWithMe, and Your Digital File.
Taylor said: “The Australian British FinTech Cyber Catalyst leverages the long-standing relationship to deepen bilateral trade and investment opportunities, while also bolstering each country’s indigenous cyber security and FinTech capabilities.
“This is a unique opportunity for Australian businesses to expand into the UK market and collaborate on cyber security solutions, as well as bring the innovations back home to boost our domestic market.”
The trip has been organised by the Australian British Chamber of Commerce in partnership with AustCyber – the Australian Cyber Security Growth Network, which has been established and funded by the Australian Government.
AustCyber chief executive Michelle Price said: “Delegates are exploring issues in regtech, payment, software and big data, all with an underlying theme of security.
“The global cyber security market is projected to reach over US$251 billion by 2026, and initiatives such as the Australian British FinTech Cyber Catalyst ensure that Australian companies — and our economy — are positioned to benefit from this increased demand.”
Taylor will also meet his British Home Secretary Sajid Javid and hold a series of bilateral meetings with cyber security partners and senior UK Government officials.