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The governments of the United States and Great Britain are coming together to aid small businesses in tackling the increasing threat of cyber crime.
Vince Cable, the business secretary, spoke in London at the inaugural UK-US Global Cyber Innovation Summit, where he announced a £4m competition for cyber businesses in the UK to draw up plans on tackling security issues.
Speaking before the summit, Cable said:
“Maintaining innovation and growth requires continued investment. Committing a further £4 million will help businesses of all sizes turn their ideas to counter cyber threats into reality. Partnering with industry experts will also increase the opportunities for the UK’s small cyber companies to work together and grow their businesses.”
Cable will be announcing a new appointment, Andy Williams, from the largest tech trade association in the country, techUK. Williams will map small cyber security firms and will form a growth project across the UK in order to entice them to closely collaborate. He is also set to show off the ability of cyber SMEs at both UK and global events, offering advice and creating a web-based portal to share the latest news about initiatives in the cyber business community.
The initiatives will help UK SMEs whether they know it or not, but they will need to listen if they are to gain the most out of it and increase their ability to protect their data. Business owners would be well advised to reprioritise IT security recruitment and ensure that they are doing everything they can to have the most capable security staff on board.
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