BEX has partnered with the Bulgarian Cybersecurity Association to highlight how Bulgaria’s cybersecurity ecosystem is evolving, and while still young, it’s making significant strides.
As the services market becomes increasingly competitive and saturated, businesses are shifting focus from services to product development. ‘The country’s strong IT outsourcing background offers potential for further innovation and growth in cybersecurity product development enhancing Bulgaria’s reputation as a tech innovation hub’ said Miglen Evlogiev, President of the Bulgarian Cybersecurity Association.
Companies like Kikimora and Plainsea are leading this evolution, demonstrating how product-driven strategies can unlock new growth potential and differentiate them from service-based competitors.
The report also emphasises the importance of community involvement in nurturing cybersecurity talent. Initiatives like Cyber Security Talks Bulgaria and organisations such as CyberCLUB play a crucial role in connecting professionals, students, and enthusiasts with industry experts. These communities are driving grassroots efforts to raise awareness about cybersecurity, promote education, and support Bulgaria’s next generation of cybersecurity leaders.
Pavel Georgiev, Founder of Cyber Security Talks Bulgaria, commented: “Communities are at the heart of Bulgaria’s cybersecurity evolution. They provide a platform for knowledge sharing and mentorship, helping to create a safer digital future for the country.”
Explore the insights and resources this report offers for businesses, investors, and policymakers.
Read the full report here.