2023-11-21

Among all next-gen solutions, trust is the winning ace

Providing best-in-class cybersecurity services requires fast, reliable infrastructure and smart, flexible IT talent. Lithuania now ranked 2nd globally in the National Cybersecurity Index and 6th in the EU in ITU Global Cybersecurity Index, offers both: EU-leading connectivity and internet speeds, and a strong pipeline of dedicated IT specialists. Trust is the key.

Lithuania is well prepared to deal with the increasing risk of cyber-attacks. Focused purely on preventing and managing cyber incidents, the country’s National Cyber Security Centre has a network connecting the most critical infrastructure operators via a set of automated procedures. This guarantees a 30-minute threat neutralization window. As proof of the country’s cybersecurity expertise, Lithuania has also initiated and currently coordinates the EU Cyber Rapid Response force, supporting the bloc and its partners against cyber-attacks.

Lithuania’s cybersecurity leadership goes beyond country-level preparedness. Lithuania’s Global Business Services & ICT operations have been gradually climbing the value chain for the past decade, with ever more sophisticated functions appearing on the roster. Spurred by the ever-growing demand for online security, global businesses choose Lithuania to conduct not only ICT but also cybersecurity operations. 29% of Lithuania’s Global Business Services & ICT centres count cybersecurity among functions performed.

In the Baltic Republic, global companies find a 61,700-strong ICT talent pool with competencies to develop robust solutions in next-gen areas such as Intelligent Process Automation, AI, and, of course, cybersecurity. Besides smart and flexible talent, Lithuania also offers EU-leading connectivity and internet speeds, providing the reliable infrastructure that best-in-class cybersecurity services need.

Nasdaq, Moody’s, and Oracle are among some other well-known global names that chose Lithuania for cyber security product development. As the local Global Business Services & ICT sector continues to grow in scope and maturity, the latest industry survey from Invest Lithuania shows that 61% of centres are planning to introduce new or significantly expand existing functions over 2023.

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