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I think it's safe to say that if this passes, UK security companies will no longer exist for all intents and purposes. I'm not saying they'll immediately go out
by joesmo 11y ago
I think it's safe to say that if this passes, UK security companies will no longer exist for all intents and purposes. I'm not saying they'll immediately go out of business, but I can't imagine anyone in their right mind trusting any UK business again, especially companies outside the UK. I'm not simply talking about companies whose main line of business is security, but essentially every technology company that even has an SSL'd website. Considering the wide variety of global competition, how could a serious CTO allow his company to do business with any UK company knowing he's exposing his own company to risks that could shut it down? No one in their right mind would do that.
The same can be said if the FBI wins the Apple case. I cannot see how this will not destroy at the very least the country's technology infrastructure. I'm not sure about the UK, but certainly in the US such actions would lead to a recession or worse considering that technology is pretty much the only sector to have recovered since the on-going recession. I suspect similar consequences for any country whose economy relies so heavily on technology, however.