Addressing the Government Communications Headquarters (GCHQ) Tuesday, George Osborne, Chancellor of the Exchequer, announced a £1.9 billion investment in cyber security by 2020. In the wake of the horrific attacks in Paris, Osborne pledged solidarity with the nation of France as he shared details of a National Cyber Security Plan that had already been in the works. The new U.K. program will establish a National Cyber Centre (NCC) and increased support for the U.K.'s National Cyber Crime Unit.
In his speech, Osborne outlined his five-step plan to make cyber security the U.K.'s top priority. While the government will play the largest role in this effort, service providers should take this latest program to heart. With a greater focus on not just containing, but combatting cybercrime, there will be more opportunities to receive the financial support you need, while closing the widening IT skills gap that's kept you from growing and scaling your businesses.
During Osborne's speech, there were many poignant moments particularly relevant to U.K. IT solutions providers. We've grabbed the 15 we found to be the most relevant!