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Yuriy Kotliarov contributed to the research "Overview of the Cybersecurity Market in Ukraine" of the EBA and IT Ukraine Association

Asters' Partner and Head of Tech & Comms, Co-Chair of the European Business Association (EBA) Cyber Defence Subcommittee and member of the CyberTech Committee of the IT Ukraine Association Yuriy Kotliarov contributed to the research “Overview of the Cybersecurity Market in Ukraine”. The study was initiated by these Associations and was carried out with the support of the Aspen Institute Kyiv, which implements the “Cybersecurity Dialogue” Program, and the USAID Cybersecurity Activity.

The study analyses the most important trends, segments and innovative solutions within the industry against the backdrop of Russia’s full-scale cyberwarfare. The document also includes a list of the key players in the market and the technologies that are changing it.

Commenting on the importance of such research, Yuriy Kotliarov mentions: "The Ukrainian cybersecurity market is growing rapidly. For example, it has quadrupled in the past eight years and is expected to grow by another 50% in the next five years. This leap in development has occurred, in particular, due to the challenges brought by the war that is going in cyberspace as well. Hacker attacks are becoming more frequent, especially against Ukrainian government agencies, defence industry, telecommunications, financial institutions and energy infrastructure. Our task is to study the market, develop its potential and participate in the development of technologies that will protect our cyberspace from intruders and ensure the stable operation of businesses, government agencies, state registries, databases, etc."

The research "Overview of the Cybersecurity Market in Ukraine" is available via link.

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Asters is the largest full-service law firm in Ukraine with offices in Kyiv, Brussels, London, and Washington, D.C. The firm has access to over 125 jurisdictions through a well-developed network of partner law firms.

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