What happens to security businesses in UK?

http://www.ibtimes.co.uk/ has published a good article about ramification of Brexit on cybersecurity, with some interesting opinions of Brian Spector, CEO of Miracl, a cybersecurity firm based and operating in UK.

Lack of tech talents

“The UK has a well-documented shortage of tech talent that means it simply cannot compete globally without tapping into highly-skilled overseas workers. Splitting away from Europe would make it even more difficult for UK tech firms to compete with the US tech giants, because their talent pool would be so much larger than ours. 
To cut ourselves off from the rest of Europe therefore does nothing to protect the UK’s reputation as being open for business.”

Escalating costs

“We are a distributed organisation with employees based throughout Europe, and the prospect of having to apply for visas and fight our way through reams of red tape to access the highly-skilled workforce that’s essential to our business, could really slow us down. 
The UK start-up scene is fast and furious, and to disconnect it from the rest of Europe would be a backwards step”

And cyber-security data sharing?

“The right to privacy is a highly developed area of law in Europe. If Britain were to leave the EU, and its extensive human rights legislation, it’s likely to make it easier for future governments to access our data as and when they choose. 
This could mean that any software made by a British company could soon be perceived to be facilitating government spying on its customers’ data.”

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