Big bucks being thrown at cyber security in the UK.
“…UK: the government said today that it plans to invest £1.9 billion ($2.3 billion) over the next five years in a new cyber defense strategy, called the National Cyber Security Strategy, …”
There are three areas where the government will be targeting investment, Hammond said today:
Develop is focused on education and future R&D. A new Cyber Security Research Institute will be “a virtual collection of UK universities which will look to improve the security of smart phones, tablets and laptops through research that could one day make passwords obsolete.” It’s notable that the first Innovation Centre will be located in Cheltenham, not far from the GCHQ where the government runs its surveillance and other covert programs.