This week’s roundup of I.T. and tech news promises to bring you at least one thing you didn’t know when you started the week. Let’s dive into this week’s stories on data-sharing, cybersecurity spend and network convergence.
Cyber-security spend to exceed $1 trillion in 5 years
The spend on cyber-security is set to reach an astronomical figure over the next five years. That figure is slated to be over $1 trillion dollars (£740 billion) globally according to Cybersecurity Ventures’ new report.
The knock-on effect of this will be that cyber-security companies become a particularly appealing investment. Advances in quantum computing, AI and blockchain are set to dominate whilst more startups are expected.
It’s both exciting and vital to hear that this kind of money is being invested in cyber-security as threats are undoubtedly increasing. If you’re worried about the cyber-security of your business, don’t hesitate to get in touch with us.
Access to school kids’ data put on hold
The Department for Education has halted the sharing of children’s personal data it was revealed this week. The move comes as part of the government’s strategy to comply with the new EU data privacy laws coming into force on May 25.
These laws give children new rights and the temporary move to hold data allows modifications to be made to the national pupil database’s approval process. Data was “paused” on May 1st which means that academics and businesses are unable to access data over this period of time, however this has brought up other questions with many parents and carers unaware that this kind of data-sharing for academic or business purposes existed at all.
Defend Digital Me, a digital privacy campaign, found that in a recent survey most parents (69%) did not know about the data-sharing.
Were you aware? You are now, and you can read the ins and outs via the BBC.
BT and EE converge fibre broadband
BT has launched a network converge strategy to make the most out of its national fibre and 4G assets. The new strategy has been developed promising to marry BT’s core fixed broadband, mobile and Wi-Fi networks to create a unified converged asset by 2022.
Customers are using more data in more places on more devices than ever before. They need faster, more reliable networks in more places to make that happen. That’s why we need to change the face of networks in the UK. Convergence for us is all about bringing the best of everything we do in one place together. We’ve already brought our teams together, now we’re going to bring our networks together.
BT Consumer CEO, Marc Allera, speaking at an event in London this week
What will the convergence look like? Computer Weekly have the details here.
We recently spoke about the ‘Father of Fibre Optics’ in the latest instalment of our #Techspiration blog – to learn about Narinder Singh Kapany visit our blog.
Those were some of this week’s top stories but if you want more content, follow us across our four social media channels: