LONDON (ShareCast) - (Sharecast News) - Managed services and security firm Westminster Group said on Monday that it has established a new cyber and defence technology division.
Westminster noted that global conflict was now at the highest level since the Second World War, while cybercrime was also at an all-time high from individuals, organisations and state actors.

As a result, the AIM-listed group said it had chosen to establish its new cyber and defence technology unit, which will be focussed on providing governments and organisations with "a range of solutions" to meet the "growing challenges" of an "uncertain world".

Chief executive Peter Fowler said: "Whilst we already have a wide portfolio of security and non-aggressive defence solutions being delivered through our various operating companies, we believe establishing a division focussed on the growing threats from conflict and cyber-attack would be beneficial in establishing Westminster as a leader in this area.

"To those ends, we are already in discussions with potential partners and specialist manufacturers in the sector to provide additional products and solutions that we believe will lead to an exciting future expansion of our services."

As of 1000 BST, Westminster shares were down 2.08% at 2.35p.





Reporting by Iain Gilbert at Sharecast.com

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