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The UK is “on track to become the world’s next Silicon Valley” as Jeremy Hunt reveals the Spring Budget, but cybersecurity gets no mention

Techradar · 1y ago

Medial

The UK government's spring budget announcement did not allocate significant funds towards cybersecurity despite the country experiencing major data breaches and cyber attacks. While measures were taken to support small and medium-sized businesses (SMEs), no specific initiatives were announced to address cybersecurity concerns. The budget did acknowledge the need to upgrade aging IT systems, particularly in the NHS, but cybersecurity risks associated with outdated systems were not explicitly addressed. Experts have criticized the lack of focus on cybersecurity, warning that the country is inadequately prepared to handle evolving cyber threats.