12 September 2017

  |  CBI Updates Team

News

#CBICyber: Josh Hardie delivers keynote speech at our national cyber security conference

An interim deal on data must be part of comprehensive EU transitional arrangements, says Josh Hardie.

#CBICyber: Josh Hardie delivers keynote speech at our national cyber security conference

The CBI’s Josh Hardie spoke about the importance of data. It underpins as much as £240bn of economic activity in the UK, opening the doors for business, for international trade and for innovation. But he warned we are facing a data cliff edge with Brexit. 10% of the world’s data flows through the UK – and with 75% of data transfers between the UK and the EU, we urgently need a transition deal to keep it flowing. Small and medium-sized businesses could be hit particularly hard, he said, but all firms need a bridge to the new future which minimises disruption and maximises continuity.

View full coverage of our #CBICyber Conference.