Dutch Investments in ICT and Cybersecurity

March 8th 2017 - 11:21

Digitalization has taken a predominant role in the Netherlands. The Netherlands considers itself one of the leading ICT countries, promotes itself as ‘a safe place to do business’ and aspires to be the digital gateway of Europe. This report will first estimate the current and prospective size of the Dutch digital economy and the ICT sector, and later analyze how much the latter contributes to the national economy. Next, we provide a holistic overview of the current level of public and private investments in cybersecurity, followed by an analysis estimating the Dutch cybersecurity market by comparing different studies.

Taking into account the 1,5% loss of its national GDP to cybercrime, which correlates well to the €10bn value loss through cyber risk in the Netherlands, the Dutch private sector, and especially the government, can invest more in cybersecurity to reduce the impact and damage cybercrime and –risks. In addition, there is a drastic increase in demand anticipated for cybersecurity experts and IoT developers. As a result, when this is solved, one might conclude that the investments in cybersecurity will exceed the 10% norm.

This research is directed to the National Cyber Testbed Initiative of The Hague Security Delta (December 2016).

The report can be downloaded using the button on the right.

Michel Rademaker is the deputy Director of HCSS. He has fifteen years of hands-on experience as an officer in The Royal Netherlands Army, where he held various military operational and staff posts and also served a term in former Yugoslavia. He has a masters degree obtained at the University of Tilburg. After leaving the armed forces, Mr. Rademaker went on to work at the Netherlands Organisation for Applied Scientific Research (TNO) as a project and program manager and senior policy advisor on security topics for ten years. Eg. as NATO RTO project leader, he and his team developed serious gaming assessment methods and conducted several assessments of security technologies, and worked on numerous strategic security topics.
Louk Faesen is Strategic Analyst at the Cyber Policy and Resilience Program of the Hague Centre for Strategic Studies. He mainly focuses on international peace and security in cyberspace, norms of responsible state and non-state behavior, and confidence-building measures (CBMs) in cyberspace. Louk functions as the Project Manager of the Global Commission on the Stability of Cyberspace (GCSC), a multi-stakeholder initiative launched at the 2017 Munich Security Conference by the Foreign minister of the Netherlands that brings together leading experts from all major cyber powers and regions to help develop norm and policy initiatives related to international peace and security in cyberspace.