Menu
UK government to spend £1.9 billion to bolster cybersecurity

UK government to spend £1.9 billion to bolster cybersecurity

The goal is to make the U.K. one of the safest places in the world to do business

The U.K. government will spend £1.9 billion (US $2.3 billion) over the next five years to pump up its cybersecurity defenses and pay for new research, Chancellor of the Exchequer Philip Hammond said.

The goal of the spending, part of a new national cybersecurity strategy, is to make the U.K. one of the "safest places in the world to do business," with a world-class cybersecurity industry and workforce, Hammond said Tuesday.

"We will focus on raising the cost of mounting an attack against anyone in the U.K., both through stronger defences and better cyber skills," wrote Hammond, head of the country's treasury. "This is no longer just an issue for the IT department but for the whole workforce. Cyber skills need to reach into every profession."

The cybersecurity strategy focuses on defense, deterrence, and development of new cybersecurity technologies, the government said. Hammond announced the strategy at a Microsoft event in London.

The U.K. government has seen some recent success in fighting cyberattacks, Hammond said. Phishing sites based in the U.K. are often taken down in less than an hour, when previously, they could stay active for a day, he said in a news release. The government has also reduced hacker spoofing of its own emails, with spoofing of taxrefund@gov.uk going from 50,000 per day to "effectively zero" in the past six weeks, he said.

The U.K. government is also working to hire more cybersecurity specialists. This year, it is recruiting more than 50 cybercrime investigators and other specialists in its National Cyber Crime Unit, Hammond said.

The country's focus on cybersecurity development will include a new Cyber Security Research Institute, a coalition of universities that will focus on improving the security of smartphones, tablets, and laptops. One area of research will be replacing passwords with new technologies.

A new cybersecurity Innovation Centre will focus on developing innovative technologies and products and on funding training and support for cyber startups. It will also work on helping academics commercialize their cybersecurity research, the government said.

"Government has a clear leadership role, but we will also foster a wider commercial ecosystem, recognising where industry can innovate faster than us," Hammond wrote in the cybersecurity strategy. "This includes a drive to get the best young minds into cyber security."

Subscribe here for up-to-date channel news

Follow Us

Join the New Zealand Reseller News newsletter!

Error: Please check your email address.

Featured

Slideshows

StorageCraft celebrates high achievers at its inaugural A/NZ Partner Awards

StorageCraft celebrates high achievers at its inaugural A/NZ Partner Awards

Revealed at a glitzy bash in Sydney at the Ivy Penthouse, the first StorageCraft Partner Awards locally saw the vendor honour its top-performing partners with ASI Solutions, SMBiT Pro, Webroot, ACA Pacific and Soft Solutions New Zealand taking home the top awards. Photos by Maria Stefina.

StorageCraft celebrates high achievers at its inaugural A/NZ Partner Awards
Kiwi resellers make a splash on Synnex and Lenovo RotoVegas road trip

Kiwi resellers make a splash on Synnex and Lenovo RotoVegas road trip

​Synnex and Lenovo hosted 18 resellers for an action-packed weekend adventure in RotoVegas, taking in white water rafting on the Kaituna River, as well as quad biking and dinner at Stratosfare​, overlooking Lake Rotorua at the top of Mount Ngongotaha​. Photos by Synnex.

Kiwi resellers make a splash on Synnex and Lenovo RotoVegas road trip
Show Comments