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1110234
unstar this property answering dept short name Treasury more like this
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WrittenParliamentaryQuestion
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answer
unstar this property answer text <p>The Treasury has not made an assessment of the net fiscal impact of increasing the number of Tier 1 Exceptional Talent visas available. In 2018, the number of Exceptional Talent Visas granted was within the previous quota.</p><p> </p><p>The increase in quota ensures that we have sufficient headroom in the Exceptional Talent route to continue to attract highly skilled people from across the globe; and is a demonstration of the Government’s commitment to ensuring that the UK remains a world-leader in the digital technology, science, arts and the creative sectors.</p> more like this
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1586
unstar this property label Biography information for Adam Afriyie more like this
1126874
unstar this property answering dept short name Digital, Culture, Media and Sport more like this
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WrittenParliamentaryQuestion
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answer
unstar this property answer text <p>An independent academic evaluation of the effectiveness of Cyber Essentials found that its security controls work well to mitigate the vast majority of Internet-based threats. These security controls are kept under continual review. The primary objective for Cyber Essentials is to help all organisations mitigate cyber security risks, especially small and medium-sized organisations. The Government continues to work to ensure Cyber Essentials has the greatest impact for the majority of the target audience and is currently developing the scheme to ensure a) the journey to certification is as simple as possible, and b) the technical controls remain fit for purpose in the ever-changing cyber threat landscape.</p><p> </p><p> </p> more like this
star this property tabling member
1586
unstar this property label Biography information for Adam Afriyie more like this
1126875
unstar this property answering dept short name Digital, Culture, Media and Sport more like this
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WrittenParliamentaryQuestion
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answer
unstar this property answer text <p>At the end of April 2019 the total number of Cyber Essentials certificates awarded to organisations was 26,712. Of these, (a) 21,948 were awarded at Cyber Essentials level and (b) 4,764 were awarded at Cyber Essentials Plus level.</p> more like this
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1586
unstar this property label Biography information for Adam Afriyie more like this
1126877
unstar this property answering dept short name Health and Social Care more like this
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WrittenParliamentaryQuestion
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answer
unstar this property answer text <p>The information requested on cyber spending covers sensitive detail about cyber security investment for the National Health Service. In this instance, releasing this information at the level of any annual breakdown may assist in determining the effectiveness of detecting cyber-attacks on the NHS, and could compromise measures to protect NHS IT systems, leaving them vulnerable to future cyber-attacks.</p><p>However, in total, over £250 million will have been invested nationally to improve the cyber security of the health and care system between 2016 and 2021. This excludes both investment by local organisations, and wider national IT investment which supports better security such as Microsoft licensing for NHS organisations.</p><p>Regarding the steps taken to defend against cyber attacks on the NHS, the active cyber defence of NHS organisations is a local responsibility for each organisation to carry out. However, there is national support and practical guidance available to NHS organisations which is primarily delivered by NHS Digital but supported and prioritised for the highest risk organisations by NHS England and the Department. In the event of national-scale incidents that affect many health and care organisations, NHS Digital plays a vital role in coordinating and ensuring appropriate technical remediation, as part of the wider cross-system cyber security response led by the Department.</p>
star this property tabling member
1586
unstar this property label Biography information for Adam Afriyie more like this
1126878
unstar this property answering dept short name Health and Social Care more like this
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WrittenParliamentaryQuestion
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answer
unstar this property answer text <p>The information requested on cyber spending covers sensitive detail about cyber security investment for the National Health Service. In this instance, releasing this information at the level of any annual breakdown may assist in determining the effectiveness of detecting cyber-attacks on the NHS, and could compromise measures to protect NHS IT systems, leaving them vulnerable to future cyber-attacks.</p><p>However, in total, over £250 million will have been invested nationally to improve the cyber security of the health and care system between 2016 and 2021. This excludes both investment by local organisations, and wider national IT investment which supports better security such as Microsoft licensing for NHS organisations.</p><p>Regarding the steps taken to defend against cyber attacks on the NHS, the active cyber defence of NHS organisations is a local responsibility for each organisation to carry out. However, there is national support and practical guidance available to NHS organisations which is primarily delivered by NHS Digital but supported and prioritised for the highest risk organisations by NHS England and the Department. In the event of national-scale incidents that affect many health and care organisations, NHS Digital plays a vital role in coordinating and ensuring appropriate technical remediation, as part of the wider cross-system cyber security response led by the Department.</p>
star this property tabling member
1586
unstar this property label Biography information for Adam Afriyie more like this
1127076
unstar this property answering dept short name Digital, Culture, Media and Sport more like this
star this property type
WrittenParliamentaryQuestion
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answer
unstar this property answer text <p>An independent academic evaluation of the effectiveness of Cyber Essentials found that its security controls work well to mitigate the vast majority of Internet-based threats. These security controls are kept under continual review. The primary objective for Cyber Essentials is to help all organisations mitigate cyber security risks, especially small and medium-sized organisations. The Government continues to work to ensure Cyber Essentials has the greatest impact for the majority of the target audience and is currently developing the scheme to ensure a) the journey to certification is as simple as possible, and b) the technical controls remain fit for purpose in the ever-changing cyber threat landscape.</p><p> </p><p> </p> more like this
star this property tabling member
1586
unstar this property label Biography information for Adam Afriyie more like this
1130447
unstar this property answering dept short name International Trade more like this
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WrittenParliamentaryQuestion
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answer
unstar this property answer text <p>The information regarding FDI is not held centrally and could only be obtained at disproportionate cost.</p><p> </p><p>Last year British FinTech’s attracted more venture capital funding than any other European country once again totalling $1.73 billion across 261 deals.</p> more like this
star this property tabling member
1586
unstar this property label Biography information for Adam Afriyie more like this
1130448
unstar this property answering dept short name Treasury more like this
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WrittenParliamentaryQuestion
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answer
unstar this property answer text <p>HM Revenue and Customs (HMRC) publishes annual statistics relating to income tax, VAT and corporation tax by industry (including the Financial and Insurance Activities Sector). However, HMRC cannot identify receipts from the UK FinTech industry specifically.</p><p> </p><p>For other taxes, industry-level information is not available.</p><p> </p><p>For business rates, the Ministry of Housing, Communities &amp; Local Government collects data only at local authority level and is unable to provide a breakdown by industry.</p> more like this
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1586
unstar this property label Biography information for Adam Afriyie more like this
1130449
unstar this property answering dept short name Treasury more like this
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WrittenParliamentaryQuestion
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answer
unstar this property answer text <p>The independent Open Banking Implementation Entity (OBIE) is responsible for assessing the performance of Open Banking, and HM Treasury’s view is informed by their assessment.</p><p> </p><p>The OBIE’s latest published assessment of Open Banking performance, made in March 2019, shows that in that month the average availability of Open Banking APIs was 97%, the average response time was 798 milliseconds, and that 38.2 million successful API calls had been made, representing over 97% of the total number of calls made to APIs.</p> more like this
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1586
unstar this property label Biography information for Adam Afriyie more like this
1130450
unstar this property answering dept short name Treasury more like this
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WrittenParliamentaryQuestion
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answer
unstar this property answer text The Government established the Cryptoassets Taskforce – comprised of HM Treasury, the Financial Conduct Authority and the Bank of England – in 2018 to explore the risks and potential benefits of cryptoassets and the underlying distributed ledger technology (DLT). The Taskforce’s final report<sup><sup>[1]</sup></sup> concluded that benefits associated with the use of cryptoassets may arise in the future, but that the most immediate priorities for the authorities are to mitigate the risks posed by cryptoassets to consumers and markets, and to prevent the use of cryptoassets for illicit activity. As part of this, the Government will consult on its approach to cryptoassets this year. In addition, the authorities continue to encourage the responsible development of legitimate DLT and cryptoasset-related activity in the UK.<p> </p><p>[1] Full version of the report is available at: <a href="https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/752070/cryptoassets_taskforce_final_report_final_web.pdf" target="_blank">https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/752070/cryptoassets_taskforce_final_report_final_web.pdf</a></p>
star this property tabling member
1586
unstar this property label Biography information for Adam Afriyie more like this