Cybersecurity Technologies
Overview
Sweden is one of the most well-connected countries in the world, with over 98 percent of the population having access to internet. With the growing number of connected devices, remote access and online activity, reported instances of cybercrime are on the rise. According to Check Point Software’s recent report, cyber-attacks have increased by 70 percent in Sweden during the first quarter of 2025 compared to 2024. The percentage is higher than with any of the Nordic neighbors and it makes Sweden also one of the most hit countries in the EU. Ransomware attacks (including Triple Extortion), phishing attacks using AI tools and sophisticated deepfakes and LOTL (Living off the Land) attacks are the most common types of disruptions that companies and both public and private sector entities are experiencing. Companies and public sector are getting better at protecting their systems against ransomware attacks and making sure their cyber insurance is sufficient, but Sweden continues to be one of the most exposed countries both by the number of attacks and how much they cost the companies.
In December 2020, the Swedish government announced the formation of a National Cybersecurity Center, led by four authorities: Swedish Civil Contingencies Agency (MSB), Swedish National Defense Radio Establishment (FRA), Swedish Armed Forces and Swedish Security Service (SÄPO), and supported by other relevant stakeholders, including Swedish Post and Telecom Agency (PTS), Swedish Criminal Investigation Service (RKP), Swedish Defense Materiel Administration (FMV), Swedish Certification Body for IT Security (CSEC) and Military Intelligence and Security Service (MUST). In early 2025, the center’s leadership moved to the Swedish National Defense Radio Establishment (FRA) and the Swedish CERT that now is part of the Civil Contingencies Agency (MSB) will also become part of the center in 2026.
The government has assigned PTS and MSB to prepare for the NIS 2 Directive. MSB will develop a national notification system for operators covered by NIS 2 and regulatory environment for the notification process, and PTS will develop regulations and security measures for the operators. Both agencies have until January 2026 to report on their suggested solutions to the Ministry of Finance.
Leading Sub-Sectors
• Application Security: vulnerability assessment and analysis tools, patch management software, content filtering and monitoring software.
• Identity and Access Based Services: intrusion detection systems, authentication systems, anomaly detection & prevention systems, messaging security, access management systems.
• Situational Awareness: Deep & Dark Web investigation services, attack trend analysis services, intrusion response services.
• System Recovery and Data Cleansing: automated data cleansing tools, validation and verification tools, de-duplication software.
Opportunities
To meet the complex challenges of the increasingly digital environment, the Swedish government has earmarked funds for strengthening the national cybersecurity awareness. The proposal aims to invest $30 million in 2026, $35 million in 2027 and $40 million in 2028 to improve both public and private sector preparedness for cyber-attacks and proactive protection. The funding will be divided between the National Cybersecurity Center and municipalities and regions.
The public sector and critical infrastructure sectors (transportation, energy, and communications) account for roughly 30 percent of the cybersecurity solutions demand. Investments in cybersecurity are expected to continue to grow in 2026 due to the government’s priorities and an overall increase in IT security awareness.
Legacy manufacturing companies are in the middle of advanced digitalization of their production with increased systems’ integration, connected devices, and both raw and analyzed data moving to cloud-based platforms. Industrial cybersecurity has a wider scope than traditional IT security, as it involves the company’s products and production processes with sensitive IPR information. Demand for applications such as enhanced Industrial Control Systems (ICS) capabilities and operational technology (OT) security platforms is increasing.
Public Procurement
There is no national database for public sector contracts in Sweden. Instead, the contracts are available on several private sector databases, listed on the National Agency for Public Procurement (upphandlingsmyndigehten.se)
website. Procurements that exceed specific contract values are also published in the EU Database TED (ted.europa.eu)
Resources
Integritetsmyndigheten IMY (imy.se)
IT Security (informationsakerhet.se)
Swedish Civil Contingencies Agency (msb.se)
National Cybersecurity Center (ncsc.se)
Local Commercial Specialist: Tuula Ahlstrom, Tuula.Ahlstrom@trade.gov