Vaizey, minister of state at the department for culture, media and sport (DCM) and the department for business, innovation and skills (BIS), was the keynote speaker at an event hosted by think-tank Reform in London today, where he announced several new government initiatives while also talking up its digitalisation efforts and local cyber-security companies.
He opened by saying that the digital economy, and the opportunities that can arise from the likes of driverless cars, blockchain technology and quantum computing, shows just how important cyber-security is.
“Cyber-security underpins the digital economy, it’s the lock and keys of the digital economy, and we need it to keep our businesses safe, our citizens safe and public services we all rely on safe. And if we’re going to be a world leader in technology we should be world leader in cyber-security. So dare I say it, there’s also an important economic case to invest in cyber. We’re [also] well aware of the huge opportunities to UK PLC if we become world leaders in cyber.”
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