Philip Hammond speech on Cyber Security Centre

The video discusses the increasing threat of cyber attacks and the need for businesses to enhance their online security. It highlights the support available for mitigating these threats, including guidance on ransomware and device security. The importance of partnerships in achieving success is emphasized. Additionally, significant investments in cyber defense and offensive capabilities are outlined to protect against and retaliate in cyberspace.

Why is it important for businesses to enhance their cyber security measures?

• To comply with government regulations

• To protect against increasing cyber threats

• To improve customer service

• To reduce operational costs

What is one of the roles of the center mentioned in the video?

• To provide financial loans to businesses

• To offer guidance on ransomware and device security

• To develop new software for businesses

• To conduct market research

What is essential for the success of cyber security efforts according to the video?

• Government intervention

• Advanced technology

• Increased workforce

• Partnerships

How much investment was made in cyber defenses in the last Parliament?

• £2 billion

• £860 million

• £1.9 billion

• £500 million

What is the purpose of developing offensive cyber capabilities?

• To create new software

• To improve customer engagement

• To deter and retaliate against cyber threats

• To increase market share