14 DANISH CYBER AND INFORMATION SECURITY STRATEGY 2022-2024 Focus on the business sector Cyber and information security must be a priority for all Danish businesses, especially small and medium-sized enterprises (SMEs). Many SMEs are affected by cyberattacks and the trend is increasing. The approximately 300,000 SMEs must prioritise cyber security, as an attack can have huge costs for the individual company, for example in lost turnover. Ultimately, this can result in a company losing its business foundation and has to cease operations. With this strategy, the government focuses on a stronger and more coherent effort on SMEs. By strengthening the digital security level of SMEs, we ensure that Denmark remains competitive and has good conditions for growth. Growth conditions for the cyber and information security ecosystem in Denmark Growth for companies A strengthened Danish cyber ecosystem can both create growth in the cyber security industry and boost the general level of cyber security in Denmark across authorities and companies, with a stronger foundation of suppliers who understand the Danish market and its needs. A strong Danish cyber security industry is key to contributing to European strategic autonomy in this area. This requires strong knowledge sharing and networking. The EU has decided to set up national cyber security coordination centres in each Member State to support the cyber security industry and work with the European Cyber security Competence Centre (ECCC).