Greece Emerges as a European Cybersecurity Hub with Rapid Growth in International Investments

Greece Emerges as a European Cybersecurity Hub with Rapid Growth in International Investments
Athens, 19 December 2024 I Greece is rapidly establishing itself as a leading European hub for cybersecurity operations, attracting top international players such as NVISO, a European leader in cybersecurity. The company’s investment in Greece is accelerating, significantly surpassing initial expectations, and NVISO is planning further expansion with new offices in Thessaloniki. NVISO will hold the second edition of the Cybersecurity Challenge Greece in March 2025, a capture-the-flag competition open to students as part of its continued efforts to strengthen the country’s cybersecurity community.
This announcement was made during a panel discussion at the Emerging Tech Forum 2024, organized by the Hellenic Emerging Technologies Industry Association (HETiA) on December 11, 2024, at the Grande Bretagne Hotel in Athens. The panel, initiated by Enterprise Greece, highlighted another major investment in the technology sector, underscoring Greece’s growing importance in cybersecurity services. The event brought together executives from international and local companies across the technology and investment sectors to explore key trends shaping the future of emerging technologies.
“At NVISO, we are particularly excited about our investment in Greece,” said Mr. Jan De Blauwe, Chief Operating Officer of NVISO and Managing Director of NVISO Greece. “The country offers a positive investment climate, an exceptionally skilled workforce, and an attractive, flexible regulatory framework. Our experience in Greece has already far exceeded our expectations.”
Mr. De Blauwe also highlighted the longstanding presence of the European Union Agency for Cybersecurity (ENISA) in Greece, emphasizing that this presence has already established a direct connection between Greece and the international cybersecurity community, providing now more than ever, the foundation for the country to evolve into a global hub in the field.
The Chief Operating Officer of NVISO emphasized the staggering $10 trillion annual cost of cyberattacks to the global economy, underscoring the critical role of cybersecurity in protecting infrastructure and digital services. He also encouraged young people to pursue careers in this rapidly growing, attractive, and impactful sector.
During the discussion, Mr. Elias Eliades, Director of Investment Promotion at Enterprise Greece for Industry and Technology, highlighted the key initiatives driving Greece’s booming tech investment scene, including the Greece 2.0 funding program, generous tax incentives for research and development, significant investments in data centers and 5G infrastructure, and support for a vibrant start-up ecosystem. Greece is also making important strides in defense technologies, particularly in artificial intelligence and cybersecurity, positioning itself as a global leader in digital security.
Regarding NVISO’s investment, Mr. Eliades noted that Enterprise Greece played a crucial role in supporting and facilitating the company’s investment in Greece, first by explaining and analyzing the available investment incentives and then helping the company find the ideal location to expand its operations.
Dr. Marinos Giannopoulos, CEO of Enterprise Greece, stated: “We are proud to witness Greece’s rapid transformation into a global leader in cybersecurity, with companies like NVISO playing a pivotal role in this journey. Our strategic initiatives, such as the Greece 2.0 funding program and tax incentives, are designed to support innovative companies and ensure that Greece remains a top destination for cutting-edge investments. As we continue to strengthen the ecosystem for emerging technologies, we are excited to collaborate with international partners to shape the future of digital security and enhance Greece’s position in the global market.”
 on December 11, 2024, at the Grande Bretagne Hotel in Athens. The panel, initiated by Enterprise Greece, highlighted another major investment in the technology sector, underscoring Greece's growing importance in cybersecurity services. The event brought together executives from international and local companies across the technology and investment sectors to explore key trends shaping the future of emerging technologies.</p>
<p>“At NVISO, we are particularly excited about our investment in Greece,” said Mr. Jan De Blauwe, Chief Operating Officer of NVISO and Managing Director of NVISO Greece. “The country offers a positive investment climate, an exceptionally skilled workforce, and an attractive, flexible regulatory framework. Our experience in Greece has already far exceeded our expectations.”</p>
<p>Mr. De Blauwe also highlighted the longstanding presence of the European Union Agency for Cybersecurity (ENISA) in Greece, emphasizing that this presence has already established a direct connection between Greece and the international cybersecurity community, providing now more than ever, the foundation for the country to evolve into a global hub in the field.</p>
<p>The Chief Operating Officer of NVISO emphasized the staggering $10 trillion annual cost of cyberattacks to the global economy, underscoring the critical role of cybersecurity in protecting infrastructure and digital services. He also encouraged young people to pursue careers in this rapidly growing, attractive, and impactful sector.</p>
<p>During the discussion, Mr. Elias Eliades, Director of Investment Promotion at Enterprise Greece for Industry and Technology, highlighted the key initiatives driving Greece’s booming tech investment scene, including the Greece 2.0 funding program, generous tax incentives for research and development, significant investments in data centers and 5G infrastructure, and support for a vibrant start-up ecosystem. Greece is also making important strides in defense technologies, particularly in artificial intelligence and cybersecurity, positioning itself as a global leader in digital security.</p>
<p>Regarding NVISO’s investment, Mr. Eliades noted that Enterprise Greece played a crucial role in supporting and facilitating the company's investment in Greece, first by explaining and analyzing the available investment incentives and then helping the company find the ideal location to expand its operations.</p>
<p>Dr. Marinos Giannopoulos, CEO of Enterprise Greece, stated: “We are proud to witness Greece’s rapid transformation into a global leader in cybersecurity, with companies like NVISO playing a pivotal role in this journey. Our strategic initiatives, such as the Greece 2.0 funding program and tax incentives, are designed to support innovative companies and ensure that Greece remains a top destination for cutting-edge investments. As we continue to strengthen the ecosystem for emerging technologies, we are excited to collaborate with international partners to shape the future of digital security and enhance Greece’s position in the global market.”</p>/sddefault.webp)