The UK government is to invest more than £850m to develop and maintain what it calls “cutting-edge” capabilities to tackle cyber threats.
“Crime is at record low levels and this government is taking action to tackle the cyber threat, investing more than £850m through the national cyber security programme,” the Home Office told ITV news.
The statement comes after a report by the Home Affairs Select Committee said that, despite being the preferred target of online criminals in 25 countries, the UK is still complacent about cyber crime.
The report said funding and resources for tackling online crime – which includes identity theft, industrial espionage, credit-card fraud and child exploitation – has not been sufficiently allocated.
Most Commented Posts
2020 Cybersecurity Landscape: 100+ Experts’ Predictions
Cyber Security Predictions 2021: Experts’ Responses
Experts’ Responses: Cyber Security Predictions 2023
Celebrating Data Privacy Day – 28th January 2023
Data Privacy Protection Day (Thursday 28th) – Experts Comments
Most Active Commenters
A worrying trend for Australians The Latitude Financial attack clearly…
It is not unusual for companies to keep hold of…
“First of all, it should be praised that Ferrari have…
These findings aren’t very surprising given that unpatched zero-days provide…
These figures from Mandiant highlight how attackers are continuing to…