Digital technology has changed the world – for the good. It has enhanced our day-to-day living in our business and personal spheres in allowing us to do things never before imagined possible. In keeping up with digital technology though, we’ve also had to keep up with defending the unlawful attacks made to our devises. And thus was born the necessity of cyber security.
The threat of cyber attacks is more prevalent today as hardware and software becomes cheaper and more accessible with cyber attacks rampant throughout business and personal usage alike. Consequently, the demand for cyber security is increasing significantly and remains high on the priority list for Governments world-wide.
The 7th Annual Global Security Challenge Summit (GSC) was held in September this year in the UK, with its chosen subject as cyber security.
The cyber security field is able to utilise technology to provide protection for our data and ourselves – detecting threats and processing intelligence to ensure our online and physical safety. It is for these reasons cyber security was chosen as the subject of this year’s GSC.
About the Global Security Challenge
The principle is simple; most innovation comes from start-ups and SMEs, but keeping tabs on emerging companies and their technologies can be very difficult for Government and industry, particularly as threats and solutions continue to diversify. The GSC addresses this by attracting and recognising innovative security start-ups and SMEs from around the world, bringing them together with academia, Government and industry.
In a testament to the quality of companies that GSC attracts, and the opportunities it affords its winners and finalists have subsequently raised more than $120M since taking part.