Following the Chancellors announcement in the Spring Budget, regarding investment in technology and cyber security, Dr Jamie Graves, CEO at Cyber-Security Firm ZoneFox commented below.
Jamie believes that the investment in technology falls well short and more must be done and is also a believer that an increased investment must be made in the country’s cyber security, as a whole.
Dr Jamie Graves, CEO at ZoneFox:
“The Spring Budget, made some good steps in terms of investment into the tech sector, but I still believe there is a lack of detail about how it will be spent. I also feel the commitments made today simply aren’t enough to ensure the UK remains on par with other tech hubs like Germany and the US.
In Britain, 10 per cent of GDP is made up by digital companies and you’d be hard pressed to find any company that doesn’t rely on technology to carry out fundamental business practices each day. With Brexit looming and other nations circling to take tech talent away, I would have expected Phillip Hammond to place more focus on keeping the tech jobs and innovation we are so proud of, in the country.
We also didn’t hear enough details on how the government is going to invest in cyber-security, to ensure the UK is robustly protected against this modern threat. We need to have guarantees that the very latest in cyber-security is developed here to ensure the country is safe-guarded at all times.”
Most Commented Posts
2020 Cybersecurity Landscape: 100+ Experts’ Predictions
Cyber Security Predictions 2021: Experts’ Responses
Experts’ Responses: Cyber Security Predictions 2023
Data Privacy Protection Day (Thursday 28th) – Experts Comments
Experts Insight On US Pipeline Shut After Cyberattack
Most Active Commenters
Recent Comments
“Cybersecurity Awareness Month’s new evergreen theme "Secure Our World” is…
“Avoid storing data on personal devices: A crucial but often overlooked…
“I recommend a new nuance to passwords that isn’t often…
“In my role overseeing cloud environments and incident response, I'm…
“Cybersecurity Awareness Month serves as a reminder to confront the…