Kidderminster cyber business doubles turnover in one year

By Nicky Godding

18 March 2020

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CyberGuard Technologies, an independent cyber security company within the OGL Computer Services Group, has doubled its first-year turnover to more than £1 million and opened of a dedicated Security Operations Centre (SOC) in Kidderminster.

CyberGuard Technologies has built on early success, gaining more than 70 new private sector clients in the last 12 months, a 30 per cent rise on its first year of operations. New customers come from the SME end of the market, a number of larger corporates in finance, insurance and manufacturing and a FTSE 50 global engineering company.

CyberGuard Technologies says it now protects more than a quarter of the UK’s 40 building societies from cyber threats.

Paul Colwell, CyberGuard Technologies Technical Director said: “It’s been a fantastic year; we are securing more UK businesses from cyber threats than ever before. There is increasing awareness of the importance of cyber security at board level, and by partnering with the best cyber security providers and experts in the industry, we’ve been able to offer an extremely attractive, high-quality, responsive and tailored service to companies of all sizes.”

CyberGuard Technologies has launched a number of innovative products and services into the UK market over the past 12 months, including signing the UK’s first Threat Intelligence deal with Russian security vendor Kaspersky.

A recent survey - The State of Technology at UK SMEs - by CyberGuard Technologies and OGL Computer found that increasing cyber security provision was the top key technology priority for 2020 (39%), while cyber security attacks were a main concern (67%), promoting 92% of respondents to plan an increase in cyber security and IT in 2020.

By Nicky Godding

Nicky Godding is editor of The Business Magazine. Before her journalism career, she worked mainly in public relations moving into writing when she was invited to launch Retail Watch, a publication covering retail and real estate across Europe.

After some years of constant travelling, she tucked away her passport and concentrated on business writing, co-founding a successful regional business magazine. She has interviewed some of the UK’s most successful entrepreneurs who have built multi-million-pound businesses and reported on many science and technology firsts.

She reports on the region’s thriving business economy from start-ups, family businesses and multi-million-pound corporations, to the professionals that support their growth and the institutions that educate the next generation of business leaders.