The EU Commission has launched a public-private partnership on cybersecurity that is expected to trigger €1.8bn ($2bn) of investment by 2020. The EU is promising to invest €450m ($502m) in a bid to spur innovation in cybersecurity with the remainder coming from the private sector.
Some security commentators reckon the Brexit vote means that British organisations are set to lose out on the benefits of this investment. However given the uncertain political climate in the UK – which remains a full member of the EU for a t least two years and possibly longer – a UK lockout is far from definite.
Kevin Bocek, chief security strategist at Venafi, commented: “It’s good to see the EU increasing funding and making cybersecurity a top priority and sad that, due to Brexit, UK universities and businesses will miss out on this investment.” For the full article click here
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