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Chancellor pledges £1.9bn cyberdefence fund to thwart hackers

on Nov 1, 2016 | 0 comments

By John Glenday

UK chancellor Philip Hammond has pledged a £1.9bn fund to counter the threat of cyberattacks against critical infrastructure such as air traffic control and power grids amidst growing concern at the vulnerability of key infrastructure.

The cash will be used to ‘strike back’ against malicious foreign governments and criminals by upping the nations cyberdefences and is backed up by an explicit threat to deploy offensive capabilities against hostile hackers.

In this the UK is not alone with the CIA reportedly eager to begin mounting counterstrike operations against Russia.

Addressing a Microsoft conference in London Hammond will raise the risk Read full story ›

Source: The Drum