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Bavaria is the top location for IT security

Aigner: "Cyber security opens up huge market opportunities for us"

"We want Bavaria to become Europe's top location for cyber security," demanded Bavaria's Minister of Economic Affairs, Ilse Aigner, on the occasion of the 50th Munich Security Conference. The Minister of Economic Affairs agreed on this goal with Bavarian IT security businesses at today's round table meeting with top managers from companies including Airbus, Allianz, Audi, BMW, Giesecke&Devrient, Infineon, Rhode&Schwarz and IABG.
 
There is absolute consensus that, apart from the potential dangers caused by cyber attacks, the segment also offers great market opportunities for Bavarian companies. "IT security is a significant economic factor with a lot of potential for the future," Aigner emphasised. She believes that Bavaria is in an excellent position to exploit this potential, as the state is home to many of Germany's most significant companies and research institutions in security technology, their industrial users and highly-innovative small and medium-sized companies. And politics is also well-prepared, with IT security a focus topic as part of the Bavarian Ministry of Economic Affairs' 'Bayern Digital' digitalisation strategy. "The ongoing expansion of the Fraunhofer Institute for Applied and Integrated Security (AISEC) in Garching into a security competence centre is a key beacon project of European significance," said Aigner.
 
Two years ago, the IT security sector in Bavaria came together to form the Sicherheitsnetzwerk München – setting an example throughout Germany for successful cluster work. It is part-funded by the Bavarian Ministry of Economic Affairs and aims to promote cooperation, open up markets and form international standards. "We intend to continue to expand and make a name for this network beyond Bavaria's borders," announced Aigner.

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Dr. Anton Preis Official Spokesperson – Bavarian Ministry of Economic Affairs, Regional Development and Energy telephone: +49 89 2162-2290 Prinzregentenstr. 28  80538 Munich