The tech industry in the UK has issued a warming to ministers that a transition away from EU data protection standards following Brexit will damage the UK’s status as a technology hub. Amid the growing misunderstanding amongst Brexiteers that diverging from the tough EU data protection laws will give Britain a competitive advantage compared to other EU states in this fast growing sector.
Posts
WHOIS, one of oldest tools on internet for verifying real identities, is at risk of being killed due to tough data protection with new GDPR regulations. The General Data Protection Regulation (GDPR) comes into effect in May and is an attempt to strengthen European data protection. However, it is thought that some of the new rights and responsibilities will conflict with existing technologies that have provided transparency on the internet.
Technology companies are behind 24% of UK exports and 3 million jobs. However, the UK’s high-tech industry is likely to suffer as a result of the vote to leave the EU. This is expected to occur as a result of the significant network effects that impact this sector of the economy.
“Anything to do with Brexit is uncertain [and] makes life more complicated”, Ben Griffiths, Head of Systems, Analysys Mason. In the face of this uncertainty and complexity it is imperative that firms don’t just remain passive regarding the changes happening around them. Read some of the key things businesses can be doing to prepare for the challenges Brexit brings with it.
Serviceteam IT Limited, 49 Frederick Road, Edgbaston, Birmingham, B15 1HN.
Copyright © 2011 Serviceteam IT Limited. Registered in England 07578043.